| ISO20022

MT671: (16) Field 22F: Indicator

Option F

:4!c/[8c]/4!c

(Qualifier)(Data Source Scheme)(Indicator)

Mandatory in mandatory sequence B

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	EFFD	R		F	Effective Date Indicator
2	M	MARK	R		F	Market Area Indicator

This qualified generic field specifies:

EFFD	Effective Date Indicator	Specifies how the SSI update is to be applied.
MARK	Market Area Indicator	Specifies the market to which the SSI relates.

If Qualifier is EFFD and Data Source Scheme is not present, Indicator must contain one of the following codes:

FUTU	Future	SSI update is to be applied to future trades.
OUTS	Outstanding Trade	SSI update is effective for all trades settling on and after effective date irrespective of trade date.
RCON	Reconfirmation	SSI update is effective for all trades settling on and after effective date irrespective of trade date and they need to be reconfirmed.
SETT	Settlement Date	SSI update is effective on the settlement date.
TRAD	Trade Date	SSI update is effective for all trades booked on and after effective date.

If Qualifier is MARK and Data Source Scheme is not present, Indicator must contain one of the following codes:

ANYY	Any	Any market area. This code is the superset of all the market area codes.
CASH	Cash	Bank to bank cash movements. This code is not related to the other market area codes. It includes transactions such as bank notes and remittances.
COLL	Collections	Collections.
COMM	Commodities	Precious metals and other commodities such as palm oil.
COPA	Commercial Payments	Payment in which one of the parties is not a financial institution.
DERI	Derivatives	Futures contracts, options, swaps, etc.
DOCC	Documentary Credits	Documentary credits.
FOEX	Foreign Exchange	Foreign Exchange, including spot, forwards, and non-deliverable forwards.
GUAR	Guarantees	Guarantees.
LETT	Letters of Credit	Letters of credit.
LOAN	Loans	Loans and deposits.
MMKT	Money Markets	Interbank loans and deposits.
NDLF	Non Deliverable Forward	FX forward trade for which only balance is settled.
OPTI	Options	FX Options, swaptions, etc.
SECU	Securities	Bonds, equities, capital markets, etc.
TFIN	Trade Finance	Documentary credits, collections, guarantees, letters of credit. TFIN is a superset of COLL, DOCC, GUAR, and LETT.
TREA	Treasury	Cash management ("financial trading") activities. TREA is a superset of COMM, DERI, FOEX, MMKT, NDLF, and OPTI.