MT506: (60) Field 25D: Status Code: Settlement Status
FORMAT
| Option D | :4!c/[8c]/4!c | (Qualifier)(Data Source Scheme)(Status Code) |
PRESENCE
Optional in conditional (see rule C11) sequence D
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
SETT |
N |
|
D |
Settlement Status |
DEFINITION
This qualified generic field specifies:
SETT |
Settlement Status |
Provides the status of settlement of an instruction/financial instrument movement. |
CODES
If Data Source Scheme is not present, Status Code must contain one of the following codes:
PEND |
Pending Settlement |
Collateral instruction is pending. Settlement at the instructed settlement date is still possible. |
SETT |
Settled |
Collateral was settled. |
