MT 504 Field Specifications

67. Field 95a: Party

FORMAT

Option C :4!c//2!a (Qualifier) (Country 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)
Option S :4!c/[8c]/4!c/2!a/30x (Qualifier) (Data Source Scheme) (Type of ID) (Country Code) (Alternate ID)

PRESENCE

Mandatory in a conditional (C16) sequence

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 M BUYR N C11, C13 P, Q or R Buyer
  or DEAG N C11, C12 P, Q or R Delivering Agent
  or DECU N C11, C13 P, Q or R Deliverer's Custodian
  or DEI1 N C11, C13 P, Q or R Deliverer's Intermediary 1
  or DEI2 N C11, C13 P, Q or R Deliverer's Intermediary 2
  or PSET N C11 C, P, Q or R Place of Settlement
  or REAG N C11 P, Q or R Receiving Agent
  or RECU N C11, C13 P, Q or R Receiver's Custodian
  or REI1 N C11, C13 P, Q or R Receiver's Intermediary 1
  or REI2 N C11, C13 P, Q or R Receiver's Intermediary 2
  or SELL N C11, C13 P, Q or R Seller
2 O ALTE N   S Alternate Identification
Order M/O Qualifier R/N CR Options Qualifier Description
1 M BUYR N C11, C13 P, Q or R Buyer
  or DEAG N C11, C12 P, Q or R Delivering Agent
  or DECU N C11, C13 P, Q or R Deliverer's Custodian
  or DEI1 N C11, C13 P, Q or R Deliverer's Intermediary 1
  or DEI2 N C11, C13 P, Q or R Deliverer's Intermediary 2
  or DEI3 N C11, C13 P, Q or R Deliverer's Intermediary 3
  or DEI4 N C11, C13 P, Q or R Deliverer's Intermediary 4
  or DEI5 N C11, C13 P, Q or R Deliverer's Intermediary 5
  or DEI6 N C11, C13 P, Q or R Deliverer's Intermediary 6
  or DEI7 N C11, C13 P, Q or R Deliverer's Intermediary 7
  or DEI8 N C11, C13 P, Q or R Deliverer's Intermediary 8
  or DEI9 N C11 P, Q or R Deliverer's Intermediary 9
  or PSET N C11 C, P, Q or R Place of Settlement
  or REAG N C11 P, Q or R Receiving Agent
  or RECU N C11, C13 P, Q or R Receiver's Custodian
  or REI1 N C11, C13 P, Q or R Receiver's Intermediary 1
  or REI2 N C11, C13 P, Q or R Receiver's Intermediary 2
  or REI3 N C11, C13 P, Q or R Receiver's Intermediary 3
  or REI4 N C11, C13 P, Q or R Receiver's Intermediary 4
  or REI5 N C11, C13 P, Q or R Receiver's Intermediary 5
  or REI6 N C11, C13 P, Q or R Receiver's Intermediary 6
  or REI7 N C11, C13 P, Q or R Receiver's Intermediary 7
  or REI8 N C11, C13 P, Q or R Receiver's Intermediary 8
  or REI9 N C11 P, Q or R Receiver's Intermediary 9
  or SELL N C11, C13 P, Q or R Seller
2 O ALTE N   S Alternate Identification

DEFINITION

This qualified generic field specifies:

BUYR Buyer. Party that receives the financial instrument.
DEAG Delivering Agent. Delivering Party that interacts with the Place of Settlement.
DECU Deliverer's Custodian. Party that interacts with the delivering agent unless intermediaries exist.
DEI1 Deliverer's Intermediary 1. Party that interacts with the deliverering agent.
DEI2 Deliverer's Intermediary 2. Party that interacts with the deliverer's intermediary 1.
PSET Place of Settlement.
REAG Receiving Agent. Receiving party that interacts with the place of settlement.
RECU Receiver's Custodian. Party that interacts with the receiving agent unless intermediaries exist.
REI1 Receiver's Intermediary 1. Party that interacts with the receiving agent.
REI2 Receiver's Intermediary 2. Party that interacts with the receiver's intermediary 1.
SELL Seller. Party that delivers the financial instrument.
ALTE Alternate Identification.
BUYR Buyer.
DEAG Delivering Agent.
DECU Deliverer's Custodian.
DEI1 Deliverer's Intermediary 1.
DEI2 Deliverer's Intermediary 2.
DEI3 Deliverer's Intermediary 3.
DEI4 Deliverer's Intermediary 4.
DEI5 Deliverer's Intermediary 5.
DEI6 Deliverer's Intermediary 6.
DEI7 Deliverer's Intermediary 7.
DEI8 Deliverer's Intermediary 8.
DEI9 Deliverer's Intermediary 9.
PSET Place of Settlement.
REAG Receiving Agent.
RECU Receiver's Custodian.
REI1 Receiver's Intermediary 1.
REI2 Receiver's Intermediary 2.
REI3 Receiver's Intermediary 3.
REI4 Receiver's Intermediary 4.
REI5 Receiver's Intermediary 5.
REI6 Receiver's Intermediary 6.
REI7 Receiver's Intermediary 7.
REI8 Receiver's Intermediary 8.
REI9 Receiver's Intermediary 9.
SELL Seller.
ALTE Alternate Identification.

Alternate ID specifies an alternate identification of the party identified in the same sequence.

BIC specifies the Bank Identifier Code. BEI specifies Business Entity Identifier.

Type of ID specifies the type of alternate identification which can be used to give an alternate identification of the party identified in the sequence.

Proprietary Code specifies a local national code or market segment code identifying the party.

CODES

In option S, if Data Source Scheme is not present, Type of ID must contain one of the following codes (Error code(s): K95):

ARNU Alien Registration Number Alien registration number.
CCPT Passport Number Passport number.
CORP Corporate Identification Name of the corporate, followed by a slash, '/', followed by the number of the customer in a corporation.
DRLC Driver's License Number State of issue, followed by a slash, '/', followed by the driver's license number.
TXID Tax Identification Number Tax identification number.

NETWORK VALIDATED RULES

Country Code must be a valid ISO country code (Error code(s): T73).

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), Alternate ID (Format Option S) 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).

USAGE RULES

Qualifiers used to identify the parties do not specify the business role of the parties but their position in the settlement chain and the relationship which the parties have with one another.

Further explanations and examples are available in the Category 5 Securities Markets Message Usage Guidelines.