MT 528 Network Validated Rules

C1 

When the Type of Price (field :22F::PRIC) is present, the Deal Price (field :90a::DEAL) must also be present (Error code(s): E61).

Sequence B
if field :22F::PRIC is...		 Sequence B
then field :90a::DEAL is ...
Present Mandatory
Not present Optional

C2 

If an Exchange Rate (field :92B::EXCH) is present, the corresponding Resulting Amount (field :19A::RESU) must be present in the same subsequence. If the Exchange Rate is not present then the Resulting Amount is not allowed (Error code(s): E62).

Subsequence C3
if field :92B::EXCH is...		 Subsequence C3
then field :19A::RESU is...
Present Mandatory
Not present Not allowed

C3 

If the Settlement Amount (:19A::SETT) is specified in both sequence B and subsequence C3, it must contain the same value, ie, (Sign) (Currency) (Amount) must be identical (Error code(s): E75).

C4 

If the message is a cancellation, ie, Function of the Message (field 23G) is CANC, then subsequence A1 (Linkages) Linkages must be present at least once and a reference to the previous message must be specified in the message, and in one and only in one occurrence of A1, Linkage section, ie, field :20C::PREV must be present; consequently, minimum once in all other occurrences of A1, field :20C::PREV is not allowed that message (Error code(s): E08).

Sequence A
if field :23G: is...		 then subsequence A1 is... and
in minimum one occurrence of subsequence A1
 field :20C::PREV is...
CANC Mandatory (minimum one occurrence of A1 must be present) Mandatory in one occurrence of subseq. A1, and not allowed in all other occurrences of subseq. A1
NEWM Optional N.A.
CANC Mandatory, ie minimum one occurrence of A1
Mandatory
(note: it does not need to be present in all occurrences of A1)
Not CANC Optional Optional

C5 

The following party fields for subsequences C1 and C2 cannot appear more than once in sequence C. The party fields for sequence D cannot appear more than once in a message (Error code(s): E84).

Subsequence C1 Subsequence C2 Sequence D
:95a::BUYR :95a::ACCW :95a::EXCH
:95a::DEAG :95a::BENM :95a::MEOR
:95a::DECU :95a::PAYE :95a::MERE
:95a::DEI1   :95a::TRRE
:95a::DEI2   :95a::VEND
:95a::PSET   :95a::TRAG
:95a::DEI3   :95a::TRAG
:95a::DEI4    
:95a::DEI5    
:95a::DEI6    
:95a::DEI7    
:95a::DEI8    
:95a::DEI9    
:95a::PSET    
:95a::REAG    
:95a::RECU    
:95a::REI1    
:95a::REI2    
:95a::REI3    
:95a::REI4    
:95a::REI5    
:95a::REI6    
:95a::REI7    
:95a::REI8    
:95a::REI9    
:95a::SELL    

C6 

If a qualifier from the list Deliverers is present in a subsequence C1, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Deliverers (see below) must be present (Error code(s): E86).

In other words, in sequence C, the following scenarios must be validated:

  • If :95a::DEI2 is present in subseq C1, then :95a::DEI1 must be present in another subseq C1.

  • If :95a::DEI1 is present in subseq C1, then :95a::DECU must be present in another subseq C1.

  • If :95a::DECU is present in subseq C1, then :95a::SELL must be present in another subseq C1.

If a qualifier from the list Receivers is present in a subsequence C1, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Receivers (see below) must be present.

In other words, in sequence C, the following scenarios must be validated:

  • If :95a::REI2 is present in subseq C1, then :95a::REI1 must be present in another subseq C1.

  • If :95a::REI1 is present in subseq C1, then :95a::RECU must be present in another subseq C1.

  • If :95a::RECU is present in subseq C1, then :95a::BUYR must be present in another subseq C1.

Deliverers   Receivers  
DEI2 Deliverer's Intermediary 2 REI2 Receiver's Intermediary 2
DEI1 Deliverer's Intermediary 1 REI1 Receiver's Intermediary 1
DECU Deliverer's Custodian RECU Receiver's Custodian
SELL Seller (Deliverer) BUYR Buyer (Receiver)

C6 

If a qualifier from the list Deliverers is present in a subsequence C1, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Deliverers (see below) must be present (Error code(s): E86).

In other words, in sequence C, the following scenarios must be validated:

  • If :95a::DEI9 is present in subseq C1, then :95a::DEI8 must be present in another subseq C1.

  • If :95a::DEI8 is present in subseq C1, then :95a::DEI7 must be present in another subseq C1.

  • If :95a::DEI7 is present in subseq C1, then :95a::DEI6 must be present in another subseq C1.

  • If :95a::DEI6 is present in subseq C1, then :95a::DEI5 must be present in another subseq C1.

  • If :95a::DEI5 is present in subseq C1, then :95a::DEI4 must be present in another subseq C1.

  • If :95a::DEI4 is present in subseq C1, then :95a::DEI3 must be present in another subseq C1.

  • If :95a::DEI3 is present in subseq C1, then :95a::DEI2 must be present in another subseq C1.

  • If :95a::DEI2 is present in subseq C1, then :95a::DEI1 must be present in another subseq C1.

  • If :95a::DEI1 is present in subseq C1, then :95a::DECU must be present in another subseq C1.

  • If :95a::DECU is present in subseq C1, then :95a::SELL must be present in another subseq C1.

If a qualifier from the list Receivers is present in a subsequence C1, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Receivers (see below) must be present.

In other words, in sequence C, the following scenarios must be validated:

  • If :95a::REI9 is present in subseq C1, then :95a::REI8 must be present in another subseq C1.

  • If :95a::REI8 is present in subseq C1, then :95a::REI7 must be present in another subseq C1.

  • If :95a::REI7 is present in subseq C1, then :95a::REI6 must be present in another subseq C1.

  • If :95a::REI6 is present in subseq C1, then :95a::REI5 must be present in another subseq C1.

  • If :95a::REI5 is present in subseq C1, then :95a::REI4 must be present in another subseq C1.

  • If :95a::REI4 is present in subseq C1, then :95a::REI3 must be present in another subseq C1.

  • If :95a::REI3 is present in subseq C1, then :95a::REI2 must be present in another subseq C1.

  • If :95a::REI2 is present in subseq C1, then :95a::REI1 must be present in another subseq C1.

  • If :95a::REI1 is present in subseq C1, then :95a::RECU must be present in another subseq C1.

  • If :95a::RECU is present in subseq C1, then :95a::BUYR must be present in another subseq C1.

Deliverers   Receivers  
DEI9 Deliverer's Intermediary 9 REI9 Receiver's Intermediary 9
DEI8 Deliverer's Intermediary 8 REI8 Receiver's Intermediary 8
DEI7 Deliverer's Intermediary 7 REI7 Receiver's Intermediary 7
DEI6 Deliverer's Intermediary 6 REI6 Receiver's Intermediary 6
DEI5 Deliverer's Intermediary 5 REI5 Receiver's Intermediary 5
DEI4 Deliverer's Intermediary 4 REI4 Receiver's Intermediary 4
DEI3 Deliverer's Intermediary 3 REI3 Receiver's Intermediary 3
DEI2 Deliverer's Intermediary 2 REI2 Receiver's Intermediary 2
DEI1 Deliverer's Intermediary 1 REI1 Receiver's Intermediary 1
DECU Deliverer's Custodian RECU Receiver's Custodian
SELL Seller (Deliverer) BUYR Buyer (Receiver)

C7 

If field :22F::DBNM is NOT present in sequence C, and the instruction is a delivery (:22H::REDE//DELI in sequence B), then it is mandatory to specify a receiving agent: one occurrence of subsequence C1 Settlement Parties must contain party field :95a::REAG (Error code(s): E85).

If field :22F::DBNM is NOT present in sequence C, and the instruction is a receipt (:22H::REDE//RECE in sequence B), then it is mandatory to specify a delivering agent: one occurrence of subsequence C1 Settlement Parties must contain party field :95a::DEAG (Error code(s): E85).

In sequence C
if field :22F::DBNM is...		 and sequence B
if field :22H::REDE is...		 then in one occurrence of subsequence C1
Not Present DELI field :95a::REAG is Mandatory
RECE field :95a::DEAG is Mandatory
Present n/a n/a

C8 

In subsequence C1, if field :95a::PSET is present, then field :97a::SAFE is not allowed in the same subsequence. (Error code(s): E52).

Subsequence C1
if field :95a::PSET is...		 Subsequence C1
then field :97a::SAFE is...
Present Not allowed within the same occurrence
Not present Optional

C9 

If field :22F::FXCX//FXNO or FXYE is present in sequence C, then the message must be a cancellation, ie, Function of the Message in sequence A (field 23G) is CANC.

If field :22F::FXCX//SINO is present in sequence C, then the message must be new, ie, Function of the Message in sequence A (field 23G) is NEWM. (Error code(s): E14).

Sequence C
if field :22F::FXCX is (*)		 In sequence A
then field :23G:4!c is...
FXNO CANC
FXYE CANC
SINO NEWM
Not present n/a

(*) if the Data Source Scheme is present in field :22F::FXCX// then the conditional rule does not apply.

C10 

If field :22F::DBNM is present in sequence C and the instruction is a delivery (i.e. :22H::REDE//DELI in sequence B), then it is mandatory to specify a buyer, i.e. one occurrence of subsequence C1 must contain field :95a::BUYR (Error code(s): E70).

If field :22F::DBNM is present in sequence C and the instruction is a receipt (i.e. :22H::REDE//RECE in sequence B), then it is mandatory to specify a seller, i.e. one occurrence of subsequence C1 must contain field :95a::SELL (Error code(s): E70).

Sequence C
if field :22F::DBNM is...		 and Sequence B
field
:22H::REDE is...		 then in one occurrence of subsequence C1 ...
Present DELI Field :95a::BUYR is Mandatory
  RECE Field :95a::SELL is Mandatory
Not present n/a n/a

C11 

If field :22F::DBNM//VEND is present in sequence C, then a vendor must be specified; i.e. one occurrence of sequence D must contain field :95a::VEND (Error code(s): D71).

In Seq. C
if field :22F::DBNM//VEND is ... (*)		 then Seq. D is ... and in one occurrence of Seq. D
field :95a::VEND is ...
Present Mandatory
i.e. Seq. D must be present minimum once		 Mandatory
Not present Optional Optional

(*) if the Data Source Scheme is present in field :22F::DBNM//VEND then the conditional rule does not apply.

C12 

If field :22F::DBNM is NOT present in sequence C, then it is mandatory to specify a place of settlement: one occurrence of subsequence C1 Settlement Parties must contain party field :95a::PSET (Error code(s): E80).

In sequence C, if field :22F::DBNM is ... then in one occurrence of subsequence C1 ...
Not present field :95a::PSET is Mandatory
Present n/a

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