MT527: (39) Field 17B: Flag: Collateral Flag
FORMAT
| Option B | :4!c//1!a | (Qualifier)(Flag) |
PRESENCE
Mandatory in optional sequence C
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
COLL |
N |
|
B |
Collateral Flag |
DEFINITION
This qualified generic field specifies:
COLL |
Collateral Flag |
Indicates whether the financial instrument is delivered/received as collateral. |
CODES
Flag must contain one of the following codes:
N |
No |
Financial instruments are not part of the collateral, it is part of the deal transaction. |
Y |
Yes |
Financial instruments are part of the collateral. |
