MT 519 Field Specifications

41. Field 70C: Narrative

FORMAT

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

PRESENCE

Optional

QUALIFIER

(Error code(s): T89)

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

DEFINITION

This qualified generic field specifies:

PACO Party Contact Narrative Provides additional information regarding the party, eg, the contact unit or person responsible for the transaction identified in the message. Narrative of the contact unit or person responsible for the transaction at the party defined within the party block.
REGI Registration Details Narrative information on the registration of securities.

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.