MT 535 Field Specifications

35. Field 22H: Indicator: Corporate Action Option Code

FORMAT

Option H

:4!c//4!c

(Qualifier) (Indicator)

PRESENCE

Optional

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	CAOP	N		H	Corporate Action Option Code

DEFINITION

This qualified generic field specifies:

CAOP	Possible options or choices available to account owner.

CODES

If Qualifier is CAOP, Indicator must contain one of the following codes (Error code(s): K22):

CASH	Distribution of cash.
DRIP	Reinvestment proceeds into securities.

USAGE RULES

The qualifier CAOP is to be used for investment funds only, whereby the holder has the option to receive the distribution in cash or reinvest in securities.