MT 566 Field Specifications

75. Field 22H: 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	CRDB	N		H	Credit/Debit Indicator
2	O	CONT	N		H	Contractual Payment

DEFINITION

This qualified generic field specifies:

CONT	Contractual Payment	Whether posting to account is: the result of funds actually collected from issuer. anticipation of collection and is based on a contractual agreement with account servicer.
CRDB	Credit/Debit Indicator	Whether the amount is a debit or credit.

CODES

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

ACTU	Actual Payment.
CONT	Contractual Payment.

CODES

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

CRED	Credit.
DEBT	Debit.