 Option P |
:4!c//4!a2!a2!c[3!c] |
(Qualifier)(Identifier Code) |
| Option Q |
:4!c//4*35x |
(Qualifier)(Name and Address) |
| Option R |
:4!c/8c/34x |
(Qualifier)(Data Source Scheme)(Proprietary Code) |
Mandatory in mandatory sequence B
(Error code(s): T89)
| Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
| 1 |
M |
EXPP |
N |
|
P, Q, or R |
Exposed Party |
This qualified generic field specifies:
| EXPP |
Exposed Party |
Party that is exposed to its counterparty, that is, the taker or party B. |
In option P, Identifier Code specifies a BIC. For more details, see the Standards MT General Information.
In option R, Proprietary Code specifies a local national code or market segment code identifying the party.
Identifier Code must be a registered BIC (Error code(s): T27,T28,T29,T45).
Proprietary code (Format Option R) and 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 (Error code(s): T26).
