MT 103 REMIT Field Specifications

3. Field 23B: Bank Operation Code

FORMAT

Option B

4!c

(Type)

PRESENCE

Mandatory

DEFINITION

This field identifies the type of operation.

CODES

One of the following codes must be used (Error code(s): T36):

CRED	Normal credit transfer	This message contains a credit transfer where there is no SWIFT Service Level involved.
CRTS	Test message	This message contains a credit transfer for test purposes.
SPAY	SWIFTPay	This message contains a credit transfer to be processed according to the SWIFTPay Service Level.
SPRI	Priority	This message contains a credit transfer to be processed according to the Priority Service Level.
SSTD	Standard	This message contains a credit transfer to be processed according to the Standard Service Level.

USAGE RULES

The code CRTS should not be used on the FIN network.