MT 558 Field Specifications

28. Field 22H: Indicator: In/Out Indicator

FORMAT

Option H :4!c//4!c (Qualifier) (Indicator)

PRESENCE

Mandatory in an optional sequence

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 M INOU N   H In/Out Indicator

DEFINITION

This qualified generic field specifies:

INOU In/Out Indicator Whether the quantity of financial instrument are to be delivered or received.

CODES

Indicator must contain one of the following codes (Error code(s): K22):

COLI Delivered Financial Instruments are to be delivered out of Party A's safekeeping account.
COLO Received Financial Instruments are to be received in Party A's safekeeping account.