MT506: (4) Field 23G: Function of the Message
FORMAT
| Option G | 4!c[/4!c] | (Function)(Subfunction) |
PRESENCE
Mandatory (referenced in rule C1) in mandatory sequence A
DEFINITION
This field identifies the function of the message.
CODES
Function must contain one of the following codes:
CANC |
Cancellation Request |
Message requesting the cancellation of a previously sent message. |
NEWM |
New |
New message. |
CODES
Subfunction, when present, must contain one of the following codes:
CODU |
Copy Duplicate |
Message is a copy to a party other than the account owner/account servicer, for information purposes and the message is a duplicate of a message previously sent. |
COPY |
Copy |
Message is a copy to a party other than the account owner/account servicer, for information purposes. |
DUPL |
Duplicate |
Message is for information/confirmation purposes. It is a duplicate of a message previously sent. |
USAGE RULES
To cancel a previously sent statement, Function is CANC. The reference in the previous reference field must contain the Sender's Reference of the message to be cancelled. A copy of at least the mandatory fields of the message to be cancelled must be present; optional fields need not be present for SWIFT validation.
