MT 503 Field Specifications

2. Field 20C: Reference

FORMAT

Option C

:4!c//16x

(Qualifier) (Reference)

PRESENCE

Mandatory

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	SEME	N		C	Sender's Reference
2	O	SCTR	N		C	Sender's Collateral Transaction Reference
3	O	RCTR	N	C2	C	Receiver's Collateral Transaction Reference

DEFINITION

This qualified generic field specifies:

SEME	Sender's Reference	Reference assigned by the Sender to unambiguously identify the message.
SCTR	Sender's Collateral Transaction Reference	Unique reference identifying the collateral management transaction from the Sender's point of view.
RCTR	Receiver's Collateral Transaction Reference	Unique reference identifying the collateral management transaction from the Receiver's point of view.

NETWORK VALIDATED RULES

Reference must not start or end with a slash '/' and not contain two consecutive slashes '//' (Error code(s): T26).

USAGE RULES

For qualifiers SCTR and RCTR:

• If both the Sender's and the Receiver's Collateral Transaction References are available, they both should be included.

• The Collateral Transaction Reference can be a deal reference when the collateral management is done on a per deal basis.