MT530: (31) Field 24B: Reason Code
FORMAT
| Option B | :4!c/[8c]/4!c | (Qualifier)(Data Source Scheme)(Reason Code) |
PRESENCE
Mandatory in optional subsequence C1a
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
CAND |
N |
C3 |
B |
Cancellation Reason |
|
or |
PACK |
N |
C3 |
B |
Accepted Reason |
|
or |
REJT |
N |
C3 |
B |
Rejection Reason |
DEFINITION
This qualified generic field specifies:
CAND |
Cancellation Reason |
Specifies the reason why the instruction is cancelled. |
PACK |
Accepted Reason |
Specifies additional information about the accepted instruction. |
REJT |
Rejection Reason |
Specifies the reason why the instruction is rejected. |
CODES
If Qualifier is CAND or Qualifier is PACK and Data Source Scheme is not present, Reason Code must contain the following code:
NARR |
Narrative Reason |
See narrative field for reason. |
CODES
If Qualifier is REJT and Data Source Scheme is not present, Reason Code must contain one of the following codes:
CASY |
Impossible Cash Settlement System |
Disagreement on cash settlement system. |
DDAT |
Settlement Date Rejection |
Disagreement on settlement date. |
DDEA |
Deal Price Rejection |
Disagreement on deal price. |
DEPT |
Place of Settlement Rejection |
Disagreement on Place of Settlement. |
DMON |
Settlement Amount Rejection |
Disagreement on settlement amount. |
DQUA |
Quantity Rejection |
Disagreement on settlement quantity. |
DSEC |
Security Rejection |
Disagreement on financial instrument identification. |
DTRD |
Trade Date Rejection |
Disagreement on trade date. |
ICAG |
Agent Rejection |
Disagreement on receiving or delivering agent. |
ICUS |
Receiving or Delivering Custodian Rejection |
Disagreement on receiving or delivering custodian. |
IEXE |
Buyer or Seller Rejection |
Disagreement on buyer or seller. |
NARR |
Narrative Reason |
See narrative field for reason. |
NCRR |
Settlement Amount Currency Rejection |
Disagreement on settlement amount currency. |
PLCE |
Place of Trade Rejection |
Disagreement on place of trade. |
RTGS |
Impossible to use the RTGS system instructed |
Disagreement on RTGS system instructed (NRTG or YRTG). |
SETR |
Settlement Transaction Rejection |
Disagreement on settlement transaction type (relates to the settlement transaction type codes available for sequence E field 22F, qualifier SETR). |
SETS |
Settlement System/Method Rejection |
Disagreement on settlement system/method instructed. |
