MT 416 Field Specifications

15. 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

Conditional (C2)

DEFINITION

This field contains the reason for non-payment/non-acceptance for the individual transaction in this occurrence of sequence B.

CODES

One or more 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.