MT 303 Field Specifications

32. Field 77D: Terms and Conditions

FORMAT

Option D 6*35x (Narrative)

PRESENCE

Optional in a conditional sequence (C2)

DEFINITION

This field specifies the underlying legal agreement.

CODES

One of the following codes must be used:

/ICOM/ The option conforms to ICOM terms.
/NONICOM/ The option is not subject to ICOM terms.
/VARICOM/ Indicates variations to ICOM terms.

USAGE RULES

The codes are used as follows:

/ICOM/ The default value and can be omitted.
/NONICOM/ The agreed terms must be stated or referred to following the code.
/VARICOM/ The related variations must be stated or referred to following the code.