MT517: (5) Field 95a: Party
FORMAT
Option L | :4!c//18!c2!n | (Qualifier)(Legal Entity Identifier) |
Option P | :4!c//4!a2!a2!c[3!c] | (Qualifier)(Identifier Code) |
Option Q | :4!c//4*35x | (Qualifier)(Name and Address) |
Option R | :4!c/8c/34x | (Qualifier)(Data Source Scheme)(Proprietary Code) |
PRESENCE
Mandatory in mandatory sequence A
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
---|---|---|---|---|---|---|
1 |
M |
AFFM |
N |
|
P, Q, or R |
Affirming Party |
2 |
O |
BUYR |
N |
|
P, Q, or R |
Buyer |
3 |
O |
SELL |
N |
|
P, Q, or R |
Seller |
4 |
O |
DEAG |
N |
|
P, Q, or R |
Delivering Agent |
5 |
O |
REAG |
N |
|
P, Q, or R |
Receiving Agent |
6 |
O |
ALTE |
N |
|
L |
Alternate Identification |
DEFINITION
This qualified generic field specifies:
AFFM |
Affirming Party |
Party that affirms the details of a previously confirmed transaction. |
ALTE |
Alternate Identification |
Alternate identification for a party. |
BUYR |
Buyer |
Party that receives the financial instrument. |
DEAG |
Delivering Agent |
Delivering party that interacts with the place of settlement. |
REAG |
Receiving Agent |
Receiving agent that interacts with the place of settlement. |
SELL |
Seller |
Party that delivers the financial instrument. |
NETWORK VALIDATED RULES
Identifier Code must be a registered BIC.
Proprietary code (Format Option R) and Name and Address (Format Option Q) must not start or end with a slash '/' and must not contain two consecutive slashes '//'. For field formats with more than 1 line, the rule applies for each line.
USAGE RULES
In option R, Proprietary Code specifies a local national code or market segment code identifying the party.