MT 507 Field Specifications

24. Field 25D: Status: Collateral Status

FORMAT

Option D :4!c/[8c]/4!c (Qualifier) (Data Source Scheme) (Status Code)

PRESENCE

Mandatory in a conditional (C2) sequence

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 M COLL N   D Collateral Status

DEFINITION

This qualified generic field specifies:

COLL Collateral Status The status of the collateral specified in this occurrence of sequence B.

CODES

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

ACCT Accepted The collateral specified is accepted.
REJT Rejected The collateral specified is rejected.