MT 541 Field Specifications

62. Field 70a: Narrative

FORMAT

Option E :4!c//10*35x (Qualifier) (Narrative)
Option D :4!c//6*35x (Qualifier) (Narrative)
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 DECL N   E Declaration Details
2 O REGI N   D Registration Details
3 O PACO N   C Party Contact Narrative
4 O PART N   D Party Narrative

DEFINITION

This qualified generic field specifies:

DECL Declaration Details Declaration details relative to the party.
REGI Registration Details Provides information required for the registration.
REGI Registration Details Narrative information on the registration of securities.
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.
PART Party Narrative Additional information for the party defined within the party block.

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.