MT670: (12) Field 95a: Party
FORMAT
| Option P | :4!c//4!a2!a2!c[3!c] | (Qualifier)(Identifier Code) |
| Option Q | :4!c//4*35x | (Qualifier)(Name and Address) |
PRESENCE
Mandatory in mandatory sequence A
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
SUBM |
N |
C2 |
P |
Submitting Party |
2 |
O |
CONT |
R |
|
Q |
Contact Person |
3 |
O |
TRAD |
R |
C3 |
P or Q |
Trade Party |
DEFINITION
This qualified generic field specifies:
CONT |
Contact Person |
Person at the institution that sends the SSI update notification to be contacted if there should be problems with the SSI. |
SUBM |
Submitting Party |
Party that is the Sender of the SSI update notification. In many situations this party is also the beneficiary. |
TRAD |
Trade Party |
Trade party, when different from the party identified as the submitting party and the beneficiary. In some cases, this may be the fund manager. |
NETWORK VALIDATED RULES
Identifier Code must be a registered BIC.
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.
