MT 558 Field Specifications

3. Field 23G: Function of the Message

FORMAT

Option G

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(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):

ADVD	Advice	The message is sent for an instruction by the counterparty that has not yet been matched.
CAST	Cancellation Request Status	The message gives the status of the receiver's cancellation request.
INST	Transaction Status	The message gives the status of the receiver's transaction.
REST	Replacement Status	The message gives the status of the receiver's replacement message.

CODES

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

CODU	Copy Duplicate	This advice is being sent as a copy to a party other than the original Receiver, for information purposes. It is a duplicate of an advice previously sent.
COPY	Copy	The message is being sent as a copy to a party other than the original Receiver, for information purposes.
DUPL	Duplicate	The message is for information purposes. It is a duplicate of a claim previously sent.