MT 503 Field Specifications

42. Field 22H: Indicator: Type of Other Collateral Indicator

FORMAT

Option H

:4!c//4!c

(Qualifier) (Indicator)

PRESENCE

Mandatory in a conditional (C4) subsequence

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	BCOL	N		H	Type of Other Collateral Indicator

DEFINITION

This qualified generic field specifies:

BCOL

Type of Other Collateral Indicator

Whether the other collateral is a bank guarantee or a documentary credit.

CODES

Indicator must contain one of the following codes (Error code(s): K22):

GCOL	Bank Guarantee	The collateral is a bank guarantee.
LCOL	Documentary Credit	The collateral is a documentary credit.