MT 416 Field Specifications

7. Field 77A: Reason for Non-Payment/Non-Acceptance

FORMAT

Option A 20*35x (Narrative)

In addition to narrative text, structured text with the following line formats may be used:

Line 1 /8a/[add'l information] (Code) (Narrative)
Lines 2-20 [//add'l information]
or
/8a/[add'l information]
(Narrative)
(Code) (Narrative)

PRESENCE

Optional

DEFINITION

This field contains the reason for non-payment/non-acceptance for all transactions contained in this message.

CODES

One of the following codes may be used:

HOLD Documents held at your disposal
RETURN Documents being returned to you

USAGE RULES

The structured format may also be used for bilaterally agreed codes.

Any code must be between slashes and must appear at the beginning of a line.

Narrative text must not begin with a slash and, if used, must begin on a new line and be the last information in the field.