MT670: (29) Field 22H: Indicator: Precedence Indicator
FORMAT
| Option H | :4!c//4!c | (Qualifier)(Indicator) |
PRESENCE
Conditional (see rule C9) in optional subsequence B2
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
PRCD |
N |
|
H |
Precedence Indicator |
DEFINITION
This qualified generic field specifies:
PRCD |
Precedence Indicator |
Specifies precedence details for the SSI |
CODES
Indicator must contain the following code:
PREF |
Preferred |
The preferred SSI for a currency and market area |
USAGE RULES
PREF should be used when the message includes a notification of updates to two or more SSIs for a single currency and market area combination. In this case, one of the SSIs can be marked as preferred, to indicate that it should be used as the default.
