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MT 507 Field Specifications

24. Field 25D: Status: Collateral Status

FORMAT

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

PRESENCE

Mandatory in conditional (see rule C2) sequence B

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 M COLL N   D Collateral Status

DEFINITION

This qualified generic field specifies:

COLL Collateral Status Provides the status of the collateral.

CODES

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

ACCT Accepted Collateral specified is accepted.
REJT Rejected Collateral specified is rejected.