MT 548 Field Specifications

3. Field 23G: Function of the Message

FORMAT

Option G

4!c[/4!c]

(Function) (Subfunction)

PRESENCE

Mandatory

DEFINITION

This field identifies the function of the message.

CODES

Function must contain one of the following codes (Error code(s): T86):

CAST	Cancellation Request Status	This message gives the status of the Receiver's cancellation request.
INST	Transaction Status	This message gives the status of the Receiver's transaction.

CODES

Subfunction, when present, must contain one of the following codes (Error code(s): T85):

CODU	Copy Duplicate	This message is being sent as a copy to a party other than the account owner/account servicer, for information purposes and the message is a duplicate of a message previously sent.
COPY	Copy	This message is being sent as a copy to a party other than the account owner/account servicer, for information purposes.
DUPL	Duplicate	This message is for information/confirmation purposes. It is a duplicate of a message previously sent.

USAGE RULES

To reply to a cancellation request, Function is CAST. The reference in the linkages sequence must contain the Receiver's reference of the cancellation request.

To give the status of a transaction, Function is INST. The reference in the linkages sequence must contain the Receiver's reference of the transaction (original instruction).