SWIFTStandards FIN - Category 5 - MT 537 Network Validated Rules

MT 537 Network Validated Rules

In sequence A General Information, if the Activity Flag (field :17B::ACTI) indicates no information to be reported, ie, N, then sequence B Status and sequence C Transactions must not be present (Error code(s): E66).

If the Activity Flag (field :17B::ACTI) indicates that there is information to be reported, ie, Y and Statement Structure Type Indicator is per statuses (field :22H::STST//STAT), then sequence B Status is mandatory and sequence C Transactions is not allowed (Error code(s): E66).

If the Activity Flag (field :17B::ACTI) in sequence A General Information indicates that there is information to be reported, ie, Y and Statement Structure Type Indicator is per transactions (field :22H::STST//TRAN), then sequence B Status is not allowed and sequence C Transactions is mandatory.(Error code(s): E66)

Sequence A if field :17B::ACTI is...	and sequence A field :22H::STST is	Then sequence B is...	And sequence C is...
N	STAT	Not allowed	Not allowed
N	TRAN	Not allowed	Not allowed
Y	STAT	Mandatory	Not allowed
Y	TRAN	Not allowed	Mandatory

If the instruction is against payment (:22H::PAYM//APMT) then it is mandatory to specify a posting amount (field :19A::PSTA). This rule applies to subsequence B2b and C2 (Error code(s): E83).

Subsequence B2b if field :22H::PAYM is...	Subsequence B2b then field :19A::PSTA is...
APMT	Mandatory
Not = APMT	Optional

Subsequence C2 if field :22H::PAYM is...	Subsequence C2 then field :19A::PSTA is...
APMT	Mandatory
Not = APMT	Optional

The following party fields cannot appear more than once in the same occurrence of subsequence B2b (Error code(s): E84):

Subsequence B2b1

:95a::BUYR

:95a::DEAG

:95a::DECU

:95a::DEI1

:95a::DEI2

:95a::DEI3

: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

The following party fields cannot appear more than once in the same occurrence of subsequence C2 (Error code(s): E84):

Subsequence C2a

:95a::BUYR

:95a::DEAG

:95a::DECU

:95a::DEI1

:95a::DEI2

:95a::DEI3

: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

If the instruction is a delivery (:22H::REDE//DELI in subsequence B2b) and the Settlement Parties subsequence B2b1 is used, then it is mandatory to specify a receiving agent: one occurrence of Settlement Parties subsequence B2b1 must contain party field :95a::REAG (Error code(s): E85).

If the instruction is a receipt (:22H::REDE//RECE in subsequence B2b) and the Settlement Parties subsequence B2b1 is used, then it is mandatory to specify a delivering agent: one occurrence of Settlement Parties subsequence B2b1 must contain party field :95a::DEAG (Error code(s): E85).

Subsequence B2b if field :22H::REDE is ...	And if subsequence B2b1 is ...	Then in one occurrence of subsequence B2b1 field :95a::REAG is ...
DELI	Present	Mandatory

Subsequence B2b if field :22H::REDE is ...	And if subsequence B2b1 is ...	Then in one occurrence of subsequence B2b1 field :95a::DEAG is ...
RECE	Present	Mandatory

If the instruction is a delivery (:22H::REDE//DELI in subsequence C2) and the Settlement Parties subsequence C2a is used, then it is mandatory to specify a receiving agent: one occurrence of Settlement Parties subsequence C2a must contain party field :95a::REAG (Error code(s): E85).

If the instruction is a receipt (:22H::REDE//RECE in subsequence C2) and the Settlement Parties subsequence C2a is used, then it is mandatory to specify a delivering agent: one occurrence of Settlement Parties subsequence C2a must contain party field :95a::DEAG (Error code(s): E85).

Subsequence C2 if field :22H::REDE is ...	And if subsequence C2a is ...	Then in one occurrence of subsequence C2a field :95a::REAG is ...
DELI	Present	Mandatory

Subsequence C2 if field :22H::REDE is ...	And if subsequence C2a is ...	Then in one occurrence of subsequence C2a field :95a::DEAG is ...
RECE	Present	Mandatory

In other words, in subsequence B2b1, the following scenarios must be validated:

If :95a::DEI2 is present in subseq B2b1, then :95a::DEI1 must be present in another subseq B2b1.
If :95a::DEI1 is present in subseq B2b1, then :95a::DECU must be present in another subseq B2b1.
If :95a::DECU is present in subseq B2b1, then :95a::SELL must be present in another subseq B2b1.

If a qualifier from the list Receivers is present in a subsequence B2b1, 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 subsequence B2b1, the following scenarios must be validated:

If :95a::REI2 is present in subseq B2b1, then :95a::REI1 must be present in another subseq B2b1.
If :95a::REI1 is present in subseq B2b1, then :95a::RECU must be present in another subseq B2b1.
If :95a::RECU is present in subseq B2b1, then :95a::BUYR must be present in another subseq B2b1.

If subsequence C2 is present: if a qualifier from the list Deliverers is present in a subsequence C2a, 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 subsequence C2, the following scenarios must be validated:

If :95a::DEI2 is present in subseq C2a, then :95a::DEI1 must be present in another subseq C2a.
If :95a::DEI1 is present in subseq C2a, then :95a::DECU must be present in another subseq C2a.
If :95a::DECU is present in subseq C2a, then :95a::SELL must be present in another subseq C2a.

If a qualifier from the list Receivers is present in a subsequence C2a, 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 subsequence C2, the following scenarios must be validated:

If :95a::REI2 is present in subseq C2a, then :95a::REI1 must be present in another subseq C2a.
If :95a::REI1 is present in subseq C2a, then :95a::RECU must be present in another subseq C2a.
If :95a::RECU is present in subseq C2a, then :95a::BUYR must be present in another subseq C2a.

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)

If subsequence B2b is present: if a qualifier from the list Deliverers is present in a subsequence B2b1, 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 subsequence B2b1, the following scenarios must be validated:

If :95a::DEI9 is present in subseq B2b1, then :95a::DEI8 must be present in another subseq B2b1.

If :95a::DEI8 is present in subseq B2b1, then :95a::DEI7 must be present in another subseq B2b1.

If :95a::DEI7 is present in subseq B2b1, then :95a::DEI6 must be present in another subseq B2b1.

If :95a::DEI6 is present in subseq B2b1, then :95a::DEI5 must be present in another subseq B2b1.

If :95a::DEI5 is present in subseq B2b1, then :95a::DEI4 must be present in another subseq B2b1.

If :95a::DEI4 is present in subseq B2b1, then :95a::DEI3 must be present in another subseq B2b1.

If :95a::DEI3 is present in subseq B2b1, then :95a::DEI2 must be present in another subseq B2b1.

If :95a::DEI2 is present in subseq B2b1, then :95a::DEI1 must be present in another subseq B2b1.

If :95a::DEI1 is present in subseq B2b1, then :95a::DECU must be present in another subseq B2b1.

If :95a::DECU is present in subseq B2b1, then :95a::SELL must be present in another subseq B2b1.

If a qualifier from the list Receivers is present in a subsequence B2b1, 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 subsequence B2b1, the following scenarios must be validated:

If :95a::REI9 is present in subseq B2b1, then :95a::REI8 must be present in another subseq B2b1.

If :95a::REI8 is present in subseq B2b1, then :95a::REI7 must be present in another subseq B2b1.

If :95a::REI7 is present in subseq B2b1, then :95a::REI6 must be present in another subseq B2b1.

If :95a::REI6 is present in subseq B2b1, then :95a::REI5 must be present in another subseq B2b1.

If :95a::REI5 is present in subseq B2b1, then :95a::REI4 must be present in another subseq B2b1.

If :95a::REI4 is present in subseq B2b1, then :95a::REI3 must be present in another subseq B2b1.

If :95a::REI3 is present in subseq B2b1, then :95a::REI2 must be present in another subseq B2b1.

If :95a::REI2 is present in subseq B2b1, then :95a::REI1 must be present in another subseq B2b1.

If :95a::REI1 is present in subseq B2b1, then :95a::RECU must be present in another subseq B2b1.

If :95a::RECU is present in subseq B2b1, then :95a::BUYR must be present in another subseq B2b1.

If subsequence C2 is present: if a qualifier from the list Deliverers is present in a subsequence C2a, 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 subsequence C2, the following scenarios must be validated:

If :95a::DEI9 is present in subseq C2a, then :95a::DEI8 must be present in another subseq C2a.

If :95a::DEI8 is present in subseq C2a, then :95a::DEI7 must be present in another subseq C2a.

If :95a::DEI7 is present in subseq C2a, then :95a::DEI6 must be present in another subseq C2a.

If :95a::DEI6 is present in subseq C2a, then :95a::DEI5 must be present in another subseq C2a.

If :95a::DEI5 is present in subseq C2a, then :95a::DEI4 must be present in another subseq C2a.

If :95a::DEI4 is present in subseq C2a, then :95a::DEI3 must be present in another subseq C2a.

If :95a::DEI3 is present in subseq C2a, then :95a::DEI2 must be present in another subseq C2a.

If :95a::DEI2 is present in subseq C2a, then :95a::DEI1 must be present in another subseq C2a.

If :95a::DEI1 is present in subseq C2a, then :95a::DECU must be present in another subseq C2a.

If :95a::DECU is present in subseq C2a, then :95a::SELL must be present in another subseq C2a.

If a qualifier from the list Receivers is present in a subsequence C2a, 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 subsequence C2, the following scenarios must be validated:

If :95a::REI9 is present in subseq C2a, then :95a::REI8 must be present in another subseq C2a.

If :95a::REI8 is present in subseq C2a, then :95a::REI7 must be present in another subseq C2a.

If :95a::REI7 is present in subseq C2a, then :95a::REI6 must be present in another subseq C2a.

If :95a::REI6 is present in subseq C2a, then :95a::REI5 must be present in another subseq C2a.

If :95a::REI5 is present in subseq C2a, then :95a::REI4 must be present in another subseq C2a.

If :95a::REI4 is present in subseq C2a, then :95a::REI3 must be present in another subseq C2a.

If :95a::REI3 is present in subseq C2a, then :95a::REI2 must be present in another subseq C2a.

If :95a::REI2 is present in subseq C2a, then :95a::REI1 must be present in another subseq C2a.

If :95a::REI1 is present in subseq C2a, then :95a::RECU must be present in another subseq C2a.

If :95a::RECU is present in subseq C2a, then :95a::BUYR must be present in another subseq C2a.

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)

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)

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 field :20C::PREV is...
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~~

In subsequence B2b1, if field :95a::PSET is present, then field :97a::SAFE is not allowed in the same sequence. (Error code(s): E52).

Subsequence B2b1 if field :95a::PSET is...	Subsequence B2b1 then field :97a::SAFE is...
Present	Not allowed within the same occurrence
Not present	Optional

In subsequence C2a, if field :95a::PSET is present, then field :97a::SAFE is not allowed in the same sequence. (Error code(s): E52).

Subsequence C2a if field :95a::PSET is...	Subsequence C2a then field :97a::SAFE is...
Present	Not allowed within the same occurrence
Not present	Optional

Within each occurrence of subsequence B1, the qualifier in field 24B must be the same as the code word (Status Code) used with the appropriate qualifier in field 25D of its surrounding sequence B (Error code(s): E37).

In each occurrence of Seq. B Status
In each occurrence of Subseq. B1 Reason (if present) if field :24B:: is...	then in Seq. B Status field :25D:: must be... (*)
:24B::CAND	:25D::IPRC//CAND
:24B::CANP	:25D::IPRC//CANP
:24B::PACK	:25D::IPRC//PACK
:24B::NMAT	:25D::MTCH//NMAT
:24B::PEND	:25D::SETT//PEND
:24B::PENF	:25D::SETT//PENF
:24B::PPRC	:25D::IPRC//PPRC

(*) if the Data Source Scheme is present in field :25D:: then the conditional rule does not apply.

Within each occurrence of subsequence C3a Reason, the qualifier in field 24B must be the same as the code word (Status Code) used with the appropriate qualifier in field 25D of its surrounding subsequence C3 Status (Error code(s): E37).

In each occurrence of Subseq. C3 Status
In each occurrence of Subseq. C3a Reason (if present) if field :24B:: is...	then in Subseq. C3 Status field :25D:: must be... (*)
:24B::CAND	:25D::IPRC//CAND
:24B::CANP	:25D::IPRC//CANP
:24B::PACK	:25D::IPRC//PACK
:24B::NMAT	:25D::MTCH//NMAT
:24B::PEND	:25D::SETT//PEND
:24B::PENF	:25D::SETT//PENF
:24B::PPRC	:25D::IPRC//PPRC

(*) if the Data Source Scheme is present in field :25D:: then the conditional rule does not apply.

In each occurrence of subsequence B2b, field :36B::PSTA is not allowed to be repeated more than once. When repeated, one occurrence must have Quantity Type Code FAMT and the other occurrence must have Quantity Type Code AMOR (Error code(s): C71)

Sequence B2b if field :36B::PSTA is...	Then one occurrence of :36B::PSTA must be...	And the other occurrence of :36B::PSTA must be...
Repeated	:36B::PSTA//FAMT	:36B::PSTA//AMOR
Not Repeated	N.A.	N.A.

In each occurrence of subsequence C2, field :36B::PSTA is not allowed to be repeated more than once. When repeated, one occurrence must have Quantity Type Code FAMT and the other occurrence must have Quantity Type Code AMOR (Error code(s): C72).

Sequence C2 if field :36B::PSTA is...	Then one occurrence of :36B::PSTA must be...	And the other occurrence of :36B::PSTA must be...
Repeated	:36B::PSTA//FAMT	:36B::PSTA//AMOR
Not Repeated	N.A.	N.A.

C10

A reference to the previously received message must be specified for each transaction reported, i.e. in each occurrence of subsequence B2 Transaction, field :20C::RELA must be present in one and only one occurrence of subsequence B2a Linkages; field :20C::RELA is not allowed in all other occurrences of subsequence B2a (Error code(s): C73)

A reference to the previously received message must be specified for each transaction reported, i.e. in each occurrence of sequence C Transaction, field :20C::RELA must be present in one and only one occurrence of subsequence C1 Linkages; field :20C::RELA is not allowed in all other occurrences of subsequence C1 (Error code(s): C74)

(*) if the Data Source Scheme is present in field :25D:: then the conditional rule does not apply.