MT 507 Field Specifications
14. Field 24B: Reason
FORMAT
Option B |
:4!c/[8c]/4!c |
(Qualifier) (Data Source Scheme) (Reason Code) |
PRESENCE
Optional
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
1 |
O |
REJT |
N |
|
B |
Rejection Reason |
|
or |
CAND |
N |
|
B |
Cancellation Reason |
|
or |
DEND |
N |
|
B |
Denied Reason |
DEFINITION
This qualified generic field specifies:
REJT |
Rejection Reason |
Reason for rejecting the linked message. |
CAND |
Cancellation Reason |
Reason for cancelling the linked message. |
DEND |
Denied Reason |
Reason cancellation request has been denied. |
CODES
If Data Source Scheme is not present, and Qualifier is REJT, Reason Code must contain one of the following codes (Error code(s): K24):
CONL |
Concentration Limit Exceeded |
The claim, substitution, proposal is fully rejected as the concentration limit was exceeded. |
CPTY |
Unknown Deal/Exposure |
The deal or exposure is unknown. |
DISC |
Disagree with Call Amount |
The claim, proposal is fully rejected as Party A does not agree with the call amount. |
DISE |
Disagree with Exposure Amount |
The claim, proposal is fully rejected as Party A does not agree with the exposure amount. |
ICOL |
Insufficient Collateral |
The substitution, proposal is fully rejected as there is insufficient collateral proposed. |
NARR |
Narrative |
Other (see narrative reason). |
ULNK |
Unknown |
The message was not recognized-unknown linked reference. |
CODES
If Data Source Scheme is not present, and Qualifier is CAND, Reason Code must contain one of the following codes (Error code(s): K24):
CANI |
Cancelled by Yourselves |
The message has been cancelled as you requested. |
CANS |
Cancelled by System |
The message has been cancelled by the system. |
NARR |
Narrative |
Other (see narrative reason). |
CODES
If Data Source Scheme is not present, and Qualifier is DEND, Reason Code must contain one of the following codes (Error code(s): K24):
DCAN |
Denied since already cancelled |
The cancellation request has been denied since the message has already been cancelled. |
DPRG |
Denied since in progress |
The cancellation request been denied because processing of the message is in progress. |
NARR |
Narrative |
Other (see narrative reason). |