MT671: (12) Field 22H: Indicator: SSI Purpose
FORMAT
| Option H | :4!c//4!c | (Qualifier)(Indicator) |
PRESENCE
Mandatory in mandatory sequence B
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
SSIP |
N |
|
H |
SSI Purpose |
DEFINITION
This qualified generic field specifies:
SSIP |
SSI Purpose |
Specifies the purpose of the individual SSI. |
CODES
Indicator must contain one of the following codes:
NEWS |
New |
Individual SSI is new. |
NONE |
No SSI |
No longer any SSI for currency and market area |
RECO |
Re-confirmation |
Individual SSI is re-confirmed. |
USAGE RULES
For those situations in which a submitting party wants to send out a 'list' of all its current SSIs, then the code RECO is used at the individual SSI level.
It is not necessary that the original SSI being re-confirmed was communicated with the SSI message.
When an SSI is received with the code NEWS, this over-writes any previously received SSI for the same beneficiary, currency and market area.
When an SSI is received with the code NONE, this indicates that the beneficiary no longer has any SSI for the specified currency and market area.
In a situation where a party has two or more SSIs for a currency and market area and then closes one or more of the accounts, this should be notified by sending an SSI update with code NEWS and specifying the SSI details for the remaining account or accounts. If the party closes all of the accounts, this should be notified by sending an SSI update with code NONE.
