MT 506 Field Specifications

58. Field 25D: Status: Settlement Status

FORMAT

Option D

:4!c/[8c]/4!c

(Qualifier) (Data Source Scheme) (Status Code)

PRESENCE

Optional

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	SETT	N		D	Settlement Status

DEFINITION

This qualified generic field specifies:

SETT

Settlement Status

CODES

If Data Source Scheme is not present, Status Code must contain one of the following codes (Error code(s): K25):

PEND	Pending Settlement	The collateral is pending settlement.
SETT	Settled	The collateral is not pending, ie, it was settled.