MT 568 Field Specifications

28. Field 70a: Narrative

FORMAT

Option E :4!c//10*35x (Qualifier) (Narrative)
Option F :4!c//8000z (Qualifier) (Narrative)

PRESENCE

Mandatory

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 O ADTX R   E, F Additional Text
2 O REGI R   E, F Registration Details
3 O INCO R   E, F Information Conditions
4 O COMP R   E, F Information to be complied with
5 O PACO R   E Party Contact Narrative
6 O WEBB R   E, F Web Site Address
7 O TAXE R   E, F Taxation Conditions
8 O DISC R   E, F Disclaimer

DEFINITION

This qualified generic field specifies:

ADTX Additional Text Details on CA event not included within the structured fields of this message.
REGI Registration Details Provides information required for the registration.
REGI Registration Details Details on the registration of securities.
INCO Information Conditions Information conditional to the CA event, eg, an offer is subject to 50 pct acceptance, the offeror allows the securities holder to set some conditions.
COMP Information to be complied with Information conditional to the account owner and which is to be complied with, eg, not open to US/Canadian residents, QIB or SIL to be provided.
PACO Party Contact Narrative Provides additional information regarding the party, eg, the contact unit or person responsible for the transaction identified in the message.
WEBB Web Site Address Provides the web address published for the event, ie the address for the Universal Resource Locator (URL), eg, used over the www (HTTP) service.
PACO Party Contact Narrative Information on party contacts.
WEBB Web Site Address The web address where additional information on the event can be found. It is not the general web site address of the company involved in the event.
TAXE Taxation Conditions Details on taxation conditions that cannot be included within the structured fields of this message.
DISC Disclaimer Disclaimer relative to the information provided in the message. It may be ignored for automated processing.

NETWORK VALIDATED RULES

Narrative for option F of this field may contain any character defined in the 'z' SWIFT character set. This character set contains the characters from both the SWIFT 'x' and 'y' character sets plus the characters '@' and '#'. The following contains a complete list of all characters permitted in the 'z' character set.

abcdefghijklmnopqrstuvwxyz

ABCDEFGHIJKLMNOPQRSTUVWXYZ

0123456789

. , - ( ) / + ' = : ? @ # Cr Lf Space { ! " % & * ; < >

USAGE RULES

Extreme caution must be exercised when using this field because all characters can be in a continuous string, ie, there are 'no number of characters per line' limitations. The characters (Cr) and (Lf) may stand alone.

Moreover, usage of the character strings, (CrLf:) or (CrLf-) in this data element will signal the premature 'start of the next field' or signal the 'end of message text' respectively.

If Format Option F is used, the concerned qualifier then becomes non-repetitive.

Unless bilaterally agreed, narrative field 70a must not contain information that can be provided in a structured field.