MT 507 Format Specifications

The user header of the message (block 3) is mandatory and must contain a code in the Validation Flag field 119 ( {3:{119:xxxx}} ) to identify the exposure type or collateral reason.

These codes may be used for routing purposes.

The status and processing advice consists of two sequences.

Sequence A General Information provides general information about the message the status and processing advice refers to, ie, the function of the message, the identification of the collateral transaction, the references of the linked messages, the identification of the underlying agreement(s), the identification of the parties, the reason for which collateral is needed (the exposure type), the contact information and the status and reason information.

Sequence B Collateral Details provides status and reason information related to specific pieces of collateral and contains further settlement details for the accepted collateral pieces of securities or cash collateral.

MT 507 Collateral Status and Processing Advice

Status	Tag	Qualifier	Generic Field Name	Detailed Field Name	Content/Options	No.
Mandatory Sequence A General Information
M	16R			Start of Block	GENL	1
----->
M	20C	4!c	Reference	(see qualifier description)	:4!c//16x	2
-----|
M	23G			Function of the Message	4!c[/4!c]	3
-----> Repetitive Mandatory Subsequence A1 Agreement
M	16R			Start of Block	AGRE	4
O	22F	AGRE	Indicator	Agreement Indicator	:4!c/[8c]/4!c	5
O	98A	AGRE	Date	Agreement Date	:4!c//8!n	6
O	13B	AGRE	Number	Agreement Version Number	:4!c/[8c]/30x	7
O	70C	AGRE	Narrative	Agreement Narrative	:4!c//4*35x	8
M	16S			End of Block	AGRE	9
-----| End of Subsequence A1 Agreement
O	98a	PREP	Date/Time	Preparation Date/Time	A or C	10
M	22a	COLA	Indicator	Exposure Type Indicator	F or H	11
----->
M	95a	4!c	Party	(see qualifier description)	P, Q or R	12
-----|
M	25D	4!c	Status	(see qualifier description)	:4!c/[8c]/4!c	13
O	24B	4!c	Reason	(see qualifier description)	:4!c/[8c]/4!c	14
----->
O	70a	4!c	Narrative	(see qualifier description)	C or D	15
-----|
-----> Repetitive Mandatory Subsequence A2 Linkages
M	16R			Start of Block	LINK	16
O	13a	LINK	Number Identification	Linked Message	A or B	17
M	20C	4!c	Reference	(see qualifier description)	:4!c//16x	18
M	16S			End of Block	LINK	19
-----| End of Subsequence A2 Linkages
M	16S			End of Block	GENL	20
End of Sequence A General Information
-----> Repetitive Optional Sequence B Collateral Details
M	16R			Start of Block	COLD	21
M	20C	COLR	Reference	Collateral Reference	:4!c//16x	22
M	22H	COLL	Indicator	Collateral Type Indicator	:4!c//4!c	23
M	25D	COLL	Status	Collateral Status	:4!c/[8c]/4!c	24
O	24B	REJT	Reason	Rejection Reason	:4!c/[8c]/4!c	25
O	70D	REAS	Narrative	Reason Narrative	:4!c//6*35x	26
Optional Subsequence B1 General Settlement Details
M	16R			Start of Block	SETTL	27
Optional Subsequence B1a Settlement Details
M	16R			Start of Block	SETDET	28
----->
M	22a	4!c	Indicator	(see qualifier description)	F or H	29
-----|
-----> Repetitive Optional Subsequence B1a1 Settlement Parties
M	16R			Start of Block	SETPRTY	30
----->
M	95a	4!c	Party	(see qualifier description)	C, P, Q, R, or S	31
-----|
O	97a	SAFE	Account	Safekeeping Account	A or B	32
O	70C	PACO	Narrative	Party Contact Narrative	:4!c//4*35x	33
M	16S			End of Block	SETPRTY	34
-----|End of Subsequence B1a1 Settlement Parties
M	16S			End of Block	SETDET	35
End of Subsequence B1a Settlement Details
Optional Subsequence B1b Cash Settlement Details
M	16R			Start of Block	CASHSET	36
O	22F	STCO	Indicator	Settlement Transaction Condition	:4!c/[8c]/4!c	37
-----> Repetitive Optional Subsequence B1b1 Cash Parties
M	16R			Start of Block	CSHPRTY	38
----->
M	95a	4!c	Party	(see qualifier description)	P, Q, R or S	39
-----|
----->
O	97A	4!c	Account	(see qualifier description)	:4!c//35x	40
-----|
O	70C	PACO	Narrative	Party Contact Narrative	:4!c//4*35x	41
M	16S			End of Block	CSHPRTY	42
-----| End of Subsequence B1b1 Cash Parties
M	16S			End of Block	CASHSET	43
End of Subsequence B1b Cash Settlement Details
M	16S			End of Block	SETTL	44
End of Subsequence B1 General Settlement Details
M	16S			End of Block	COLD	45
-----| End of Sequence B Collateral Details Optional Sequence C Additional Information
M	16R			Start of Block	ADDINFO	46
----->
O	95a	4!c	Party	(see qualifier description)	P, R or Q	47
-----|
M	16S			End of Block	ADDINFO	48
End of Sequence C Additional Information
M = Mandatory O = Optional