MT 306 Field Specifications

69. Field 24D: Dealing Method

FORMAT

Option D 4!c[/35x] (Code) (Additional Information)

PRESENCE

Optional in a conditional sequence (C19)

DEFINITION

This field specifies how the deal was agreed.

CODES

Code must contain one of the following, optionally followed with Additional Information (Error code(s): T68):

BROK Deal made via a money broker.
ELEC Deal made via an electronic system (Reuters, EBS etc.).
FAXT Deal agreed per fax.
PHON Deal agreed on the phone.
TELX Deal agreed by telex.

USAGE RULES

For voice brokers this field contains the code BROK. If the broker needs to be identified explicitly, field 88a must be used.