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MT 507 Field Specifications

13. Field 25D: Status

FORMAT

Option D :4!c/[8c]/4!c (Qualifier)(Data Source Scheme)(Status Code)

PRESENCE

Mandatory in mandatory sequence A

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 M REST N   D Response Status
  or IPRC N   D Instruction Processing Status
  or CPRC N   D Cancellation Processing Status

DEFINITION

This qualified generic field specifies:

CPRC Cancellation Processing Status Provides the status of a cancellation request.
IPRC Instruction Processing Status Provides the status of an instruction.
REST Response Status Provides the status of the received message from a collateral management perspective.

CODES

If Qualifier is REST and Data Source Scheme is not present, Status Code must contain one of the following codes (Error code(s): K25):

ACCP Partly Accepted A part of the collateral is accepted, a part rejected.
ACCT Accepted The claim, substitution, proposal is fully accepted.
REJT Rejected The claim, substitution, proposal is fully rejected.
SUBR Partly Accepted Party A agrees with the return part of the substitution and accepts to wait for the proposal of the new collateral.

CODES

If Qualifier is IPRC and Data Source Scheme is not present, Status Code must contain one of the following codes (Error code(s): K25):

PACK Acknowledged/Accepted Instruction has been acknowledged by the account servicer.
REJT Rejected Instruction has been rejected for further processing.

CODES

If Qualifier is CPRC and Data Source Scheme is not present, Status Code must contain one of the following codes (Error code(s): K25):

CAND Cancellation Completed Cancellation has been completed.
CANP Pending Cancellation Cancellation is pending. It is not known at this time whether cancellation can be affected.
DEND Denied Cancellation will not be executed.
PACK Accepted Cancellation request has been acknowledged for further processing by the account servicer.
REJT Rejected Cancellation has been rejected for further processing.

USAGE RULES

If Status is ACCP, the rejected collateral is specified in sequence B.