MT542: (66) Field 97a: Account
FORMAT
| Option A | :4!c//35x | (Qualifier)(Account Number) |
| Option B | :4!c/[8c]/4!c/35x | (Qualifier)(Data Source Scheme)(Account Type Code)(Account Number) |
| Option D | :4!c/[8c]/140x | (Qualifier)(Data Source Scheme)(Identification of Blockchain or Wallet) |
PRESENCE
Optional in mandatory subsequence E1
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
BCAW |
N |
C8 |
D |
Blockchain Address or Wallet |
|
or |
SAFE |
N |
C8 |
A or B |
Safekeeping Account |
DEFINITION
This qualified generic field specifies:
BCAW |
Blockchain Address or Wallet |
Blockchain address or wallet where digital assets are maintained. This is the equivalent of safekeeping account for digital assets. |
SAFE |
Safekeeping Account |
Account where financial instruments are maintained. |
CODES
In option B, the Data Source Scheme must be present and Account Type Code must contain the type of account as defined by the party identified in the Data Source Scheme.
USAGE RULES
In option B, Account Type Code specifies the type of account needed to fully identify the account.
The account provided is the account of the party specified in this sequence.
Market Practice Rules
Book transfer:
In case of own account internal transfer (:22F::SETR//OWNI), own account external transfer (:22F::SETR//OWNE), portfolio transfer (:22F::SETR//PORT) and in specie transfer (:22F::SETR//INSP), the account of the instructing party at the receiving agent must be provided.
For more details, see the relevant market practice document on www.smpg.info.
