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MT 504 Field Specifications

58. Field 22H: Indicator: Type of Other Collateral Indicator

FORMAT

Option H :4!c//4!c (Qualifier)(Indicator)

PRESENCE

Mandatory in conditional (see rule C4) subsequence C3

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 M BCOL N   H Type of Other Collateral Indicator

DEFINITION

This qualified generic field specifies:

BCOL Type of Other Collateral Indicator Specifies whether the other collateral is a bank guarantee or a documentary credit.

CODES

Indicator must contain one of the following codes (Error code(s): K22):

GCOL Bank Guarantee Collateral is a bank guarantee.
LCOL Documentary Credit Collateral is a documentary credit.