MT 515 Field Specifications

79. Field 95a: Party

FORMAT

Option P	:4!c//4!a2!a2!c[3!c]	(Qualifier) (BIC/BEI)
Option R	:4!c/8c/34x	(Qualifier) (Data Source Scheme) (Proprietary Code)
Option Q	:4!c//4*35x	(Qualifier) (Name & Address)
Option S	:4!c/[8c]/4!c/2!a/30x	(Qualifier) (Data Source Scheme) (Type of ID) (Country Code) (Alternate ID)

PRESENCE

Mandatory in an optional sequence

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	EXCH	N	C4	P, R or Q	Exchange
	or	MEOR	N	C4	P, R or Q	Originator of Message
	or	MERE	N	C4	P, R, or Q	Recipient of Message
	or	TRRE	N	C4	P, R or Q	Trade Regulator
	or	VEND	N	C4, C8	P, R or Q	Vendor
	or	TRAG	N	C4	P, R or Q	Triparty Agent
	or	INPA	N	C4	P, R or Q	Interested Party
2	O	ALTE	N		S	Alternate ID

DEFINITION

This qualified generic field specifies:

EXCH	Exchange.
MEOR	Originator of message (if other than the Sender).
MERE	Recipient of message (if different from the Receiver).
TRRE	Trade regulator.
VEND	Vendor of the Settlement Standing Instruction database requested to be consulted through sequence D field 22F::DBNM//VEND.
ALTE	Alternate ID.
INPA	Party that receives information from other parties about transactions that are being processed, and performs functions such as regulatory oversight and accounting.
INPA	Interested Party. An interested party is not part of the transaction but must receive a copy of the confirmation, eg, a trustee, an insurer. This party is not a settlement party nor a regulatory body.
TRAG	The receiver of the repo instruction.

Proprietary Code specifies a local national code or market segment code identifying the party.

Type of ID specifies the type of alternate identification which can be used to give an alternate identification of the party identified in this sequence.

Country Code specifies the country for which the alternate identification is relevant.

Alternate ID specifies an alternate identification of the party identified in this sequence.

CODES

If Data Source Scheme is not present, Type of ID must contain one of the following codes (Error code(s): K95):

ARNU	Alien registration number.
CCPT	Passport number.
CHTY	Tax exempt identification number, i.e. charity in the UK.
CORP	Corporate identification. Alternate Id must contain the name of the corporate, followed by a slash, '/', followed by the number of the customer in a corporation.
DRLC	Driver's licence number. Alternate Id must contain the state of issue, followed by a slash, '/', followed by the driver's license number.
FIIN	Foreign Investment Identity Number (to be used when different ID than Alien Number).
TXID	Tax identification number.

NETWORK VALIDATED RULES

Country Code must be a valid ISO country code (Error code(s): T73).

The BIC/BEI must be a SWIFT registered address, either connected or non-connected (Error code(s): T27, T28, T29, T45).

Proprietary code (Format Option R), Alternate ID (Format Option S) and Name & Address (Format Option Q) must not start or end with a slash '/' and not contain two consecutive slashes '//'. For field formats with more than 1 line, the rule applies for each line (Error code(s): T26).