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.