MT 107 Field Specifications

5. Field 51A: Sending Institution

FORMAT

Option A [/1!a][/34x]
4!a2!a2!c[3!c]
(Party Identifier)
(BIC)

PRESENCE

Optional

DEFINITION

This field identifies the Sender of the message.

NETWORK VALIDATED RULES

Field 51A is only valid in FileAct IFT (Error code(s): D63).

USAGE RULES

At least the first eight characters of the BIC in this field must be identical to the originator of this FileAct IFT message.