MT 307 Field Specifications

41. Field 95a: Party

FORMAT

Option P	:4!c//4!a2!a2!c[3!c]	(Qualifier) (BIC/BEI)
Option Q	:4!c//4*35x	(Qualifier) (Name & Address)
Option R	:4!c/8c/34x	(Qualifier) (Data Source Scheme) (Proprietary Code)

PRESENCE

Mandatory in a conditional (C5) sequence

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	CDEA	N	C6	P, Q, R	Cash Delivery Agent
	or	INTE	N	C6	P, Q, R	Intermediary
	or	ACCW	N	C6	P, Q, R	Account With Institution
	or	BENM	N	C6	P, Q, R	Beneficiary of Money

DEFINITION

The qualifiers are listed in the general order of occurrence. This qualified generic field specifies:

CDEA	Cash Delivery Agent	The financial institution from which the payer will transfer the amount sold/bought.
INTE	Intermediary	The intermediary institution for the transfer of the funds.
ACCW	Account With Institution	The institution to which the payment is to be made in favour of the beneficiary of money.
BENM	Beneficiary of Money	The institution in favour of which the payment is done.

BIC specifies the Bank Identifier Code. BEI specifies the Business Entity Identifier.

Proprietary Code specifies a local national code or market segment code identifying the party.

NETWORK VALIDATED RULES

Country Code must contain a valid ISO country code (Error code(s): T73).

The BIC/BEI must be a SWIFT registered address, either connected or non-connected (Error code(s): T27, T28, T29, T45).

If Qualifier is CDEA, INTE or ACCW, the The BIC must not be a BEI. Please refer to the latest version of the BIC Directory - Corporations for more information on BEIs. This error code applies to all types of BICs referenced in a FIN message including SWIFT BICs, non-SWIFT BICs, Masters, Synonyms, Live destinations and Test & Training destinations. (Error code(s): C05).

Name & Address (Format Option Q) and Proprietary Code (Format Option R) must not start or end with a slash '/' and not contain two consecutive slashes '//' (Error code(s): T26).