SWIFTStandards FIN - Category 5 - MT 541 - 53. Field 70C: Narrative: Repurchase Narrative

MT 541 Field Specifications

53. Field 70C: Narrative: Repurchase 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	REPO	N		C	Repurchase Narrative

DEFINITION

This qualified generic field specifies:

REPO

Repurchase Narrative

Details of the repurchase agreement not included within structured fields in the message.

USAGE RULES

Unless bilaterally agreed between the Sender and Receiver, narrative field 70a must not contain information that can be provided in a structured field.