Option B:4!c/[8c]/4!c(Qualifier) (Data Source Scheme) (Reason Code)| Option B |
:4!c/[8c]/4!c |
(Qualifier) (Data Source Scheme) (Reason Code) |
Optional
(Error code(s): T89)
| Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
| 1 |
O |
REJT |
N |
|
B |
Rejection Reason |
This qualified generic field specifies:
| REJT |
Rejection Reason |
Reason for rejecting the collateral piece. |
If Data Source Scheme is not present, Reason Code must contain one of the following codes (Error code(s): K24):
| CONL |
Concentration Limit Exceeded |
The piece of collateral referred to in this occurrence is rejected as the concentration limit is exceeded with it. |
| INEL |
Ineligible Collateral |
The piece of collateral referred to in this occurrence is rejected as it is ineligible. |
| NARR |
Narrative |
Other (see narrative reason). |
| WBKG |
Wrong Bank Quoted |
The piece of collateral referred to in this occurrence is rejected as the wrong bank is quoted on the bank guarantee or documentary credit. |
| WSET |
Wrong Settlement Parties |
The piece of collateral referred to in this occurrence is rejected as the settlement parties are incorrect. |
