MT 547 Field Specifications

5. Field 22a: Indicator

FORMAT

Option H :4!c//4!c (Qualifier) (Indicator)
Option F :4!c/[8c]/4!c (Qualifier) (Data Source Scheme) (Indicator)

PRESENCE

Optional

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 O PREC N   H Pre-Confirmation Indicator
2 O PARS N   F Partial Settlement Indicator

DEFINITION

This qualified generic field specifies:

PARS Partial settlement indicator.
PREC Pre-confirmation indicator.

CODES

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

PRCA Pre-confirm Cash This message is to pre-confirm the movement of the cash pending the movement of securities.
PRSE Pre-confirm Securities This message is to pre-confirm the movement of the securities pending the movement of cash.

CODES

If Qualifier is PARS and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):

PAIN Partial Settlement This is a confirmation of partial settlement. Part of the transaction (a certain quantity of financial instrument) remains unsettled.
PARC Previously Partially Confirmed This is the confirmation of a remaining part of an instruction which was previously confirmed.