MT 320 Field Specifications

14. Field 17R: Party's A Role

FORMAT

Option R

1!a

(Indicator)

PRESENCE

Mandatory

DEFINITION

This field specifies whether party A is the borrower or the lender.

CODES

Indicator must contain one of the following codes (Error code(s): T67):

B	Borrower: party A receives the principal amount and pays the interest.
L	Lender: party A pays the principal amount and receives the interest.