MT 514 Field Specifications

57. Field 70a: Narrative

FORMAT

Option C :4!c//4*35x (Qualifier) (Narrative)
Option D :4!c//6*35x (Qualifier) (Narrative)

PRESENCE

Optional

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 O REGI N   D Registration Details Narrative
2 O PACO N   C Party Contact Narrative
3 O PART N   D Party Narrative

DEFINITION

This qualified generic field specifies:

REGI Provides information required for the registration.
PACO Provides additional information regarding the party, eg, the contact unit or person responsible for the transaction identified in the message.
REGI Name in which the securities are registered.
PACO Narrative description of the contact unit or person responsible for the transaction at the party defined in the sequence.
PART Additional information for the party defined in the sequence.

USAGE RULES

Unless bilaterally agreed between the Sender and the Receiver, narrative field 70a must not contain information that can be provided in a structured field.