MT 103 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 This message contains a credit transfer where there is no SWIFT Service Level involved.
CRTS This message contains a credit transfer for test purposes.
SPAY This message contains a credit transfer to be processed according to the SWIFTPay Service Level.
SPRI This message contains a credit transfer to be processed according to the Priority Service Level.
SSTD 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.