SWIFTStandards FIN - Category 5 - MT 504 - 40. Field 70C: Narrative: Party Contact Narrative

MT 504 Field Specifications

40. Field 70C: Narrative: Party Contact Narrative

FORMAT

Option C

:4!c//4*35x

(Qualifier) (Narrative)

PRESENCE

Optional

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	PACO	N		C	Party Contact Narrative

DEFINITION

This qualified generic field specifies:

PACO

Party Contact Narrative

Provides additional information regarding the party, eg, the contact unit or person responsible for the transaction identified in the message. ~~Narrative description of the contact unit or person responsible for the transaction at the party defined within the party block.~~

USAGE RULES

Unless bilaterally agreed between the Sender and the Receiver, narrative field 70a must not contain information that can be provided in a structured field.