MT 320 Field Specifications

5. Field 94A: Scope of Operation

FORMAT

Option A

4!c

(Scope)

PRESENCE

Optional

DEFINITION

This field specifies the role of the Sender and the Receiver of the message in the conclusion of the confirmed trade.

CODES

Scope must contain one of the following codes (Error code(s): T36):

AGNT	Sender/Receiver is sending/receiving the message on behalf of a third party
BILA	Bilateral confirmation, ie, Sender and Receiver are the principals
BROK	Confirmation is sent by a money broker

USAGE RULES

The absence of this field means that the Sender and the Receiver are the principals.

AGNT is used when the confirmation has been sent or received on behalf of a separate legal party and that party has done the deal.