MT507: (24) Field 25D: Status Code: Collateral Status
FORMAT
| Option D | :4!c/[8c]/4!c | (Qualifier)(Data Source Scheme)(Status Code) |
PRESENCE
Mandatory in conditional (see rule C2) sequence B
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
COLL |
N |
C3 |
D |
Collateral Status |
DEFINITION
This qualified generic field specifies:
COLL |
Collateral Status |
Provides the status of the collateral. |
CODES
If Data Source Scheme is not present, Status Code must contain one of the following codes:
ACCT |
Accepted |
Collateral specified is accepted. |
REJT |
Rejected |
Collateral specified is rejected. |
