MT 507 Field Specifications
13. Field 25D: Status
FORMAT
Option D |
:4!c/[8c]/4!c |
(Qualifier) (Data Source Scheme) (Status Code) |
PRESENCE
Mandatory
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
1 |
M |
REST |
N |
|
D |
Response Status |
|
or |
IPRC |
N |
|
D |
Instruction Processing Status |
|
or |
CPRC |
N |
|
D |
Cancellation Processing Status |
DEFINITION
This qualified generic field specifies:
REST |
Response Status |
The answer to the received message from a collateral management perspective. |
IPRC |
Instruction Processing Status |
The message contains the status (pending, rejected, cancelled, etc) of a collateral message from a processing perspective. |
CPRC |
Cancellation Processing Status |
The message contains a status of a cancellation request initiated by an instructing party. |
CODES
If Data Source Scheme is not present, and Qualifier is REST, Status Code must contain one of the following codes (Error code(s): K25):
ACCP |
Partly Accepted |
A part of the collateral is accepted, a part rejected. |
ACCT |
Accepted |
The claim, substitution, proposal is fully accepted. |
REJT |
Rejected |
The claim, substitution, proposal is fully rejected. |
SUBR |
Partly Accepted |
Party A agrees with the return part of the substitution and accepts to wait for the proposal of the new collateral. |
CODES
If Data Source Scheme is not present, and Qualifier is IPRC, Status Code must contain one of the following codes (Error code(s): K25):
PACK |
Acknowledged/
Accepted |
The message has been acknowledged/accepted for further processing. |
REJT |
Rejected |
The message has been rejected for further processing. |
CODES
If Data Source Scheme is not present, and Qualifier is CPRC, Status Code must contain one of the following codes (Error code(s): K25):
CAND |
Cancellation Completed |
The cancellation request has been completed. |
CANP |
Cancellation Pending |
The cancellation request is pending. It is not known at this time whether cancellation can be effected. |
DEND |
Cancellation Denied |
The request for cancellation will not be effected. |
PACK |
Cancellation Accepted |
The cancellation request has been accepted for further processing. |
REJT |
Cancellation Rejected |
The cancellation requested has been rejected for further processing. |
USAGE RULES
If Status is ACCP, the rejected collateral is specified in sequence B.