Option P:4!c//4!a2!a2!c[3!c](Qualifier) (BIC/BEI)Option Q:4!c//4*35x(Qualifier) (Name & Address)Option R:4!c/8c/34x(Qualifier) (Data Source Scheme) (Proprietary Code)| Option P |
:4!c//4!a2!a2!c[3!c] |
(Qualifier) (BIC/BEI) |
| Option Q |
:4!c//4*35x |
(Qualifier) (Name & Address) |
| Option R |
:4!c/8c/34x |
(Qualifier) (Data Source Scheme) (Proprietary Code) |
Mandatory
(Error code(s): T89)
| Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
| 1 |
M |
EXPP |
N |
|
P, Q or R |
Exposed Party |
This qualified generic field specifies:
| EXPP |
Exposed Party |
The party which is exposed to its counterparty, ie, the taker or party B. |
BIC specifies the Bank Identifier Code. BEI specifies Business Entity Identifier.
Proprietary Code specifies a local national code or market segment code identifying the party.
The BIC/BEI must be a SWIFT registered address, either connected or non-connected (Error code(s): T27, T28, T29, T45).
Proprietary code (Format Option R) and Name & Address (Format Option Q) must not start or end with a slash '/' and not contain two consecutive slashes '//'. For field formats with more than 1 line, the rule applies for each line
(Error code(s): T26).
