MT 574 (W8BENO) Format Specifications

IMPORTANT To trigger the format validation of the IRS Form W8-BEN of the MT 574 IRS 1441 NRA, the user header of the message (block 3) is mandatory and must contain the code W8BENO in field 119 ({3:{119:W8BENO}}).

MT 574 Form W8-BEN

Status	Tag	Qualifier	Generic Field Name	Detailed Field Name	Content/Options	No.
Mandatory Sequence A General Information
M	16R			Start of Block	GENL	1
M	28E			Page Number/ Continuation Indicator	5n/4!c	2
M	20C	SEME	Reference	Sender's Reference	:4!c//16x	3
M	23G			Function of the Message	4!c[/4!c]	4
M	98a	PREP	Date/Time	Preparation Date	A or C	5
-----> Repetitive Optional Subsequence A1 Linkages
M	16R			Start of Block	LINK	6
O	13a	LINK	Number Identification	Linked Message	A or B	7
M	20C	4!c	Reference	(see qualifier description)	:4!c//16x	8
M	16S			End of Block	LINK	9
-----| End of Subsequence A1 Linkages
M	16S			End of Block	GENL	10
End of Sequence A General Information
-----> Repetitive Mandatory Sequence B Beneficial Owner Details
M	16R			Start of Block	BENODET	11
O	97A	SAFE	Account	Safekeeping Account	:4!c//35x	12
M	22F	BENT	Indicator	Type of Beneficial Owner	:4!c/[8c]/4!c	13
-----> Repetitive Mandatory Subsequence B1 Address
M	16R			Start of Block	ADDRESS	14
M	17B	4!c	Flag	(see qualifier description)	:4!c//1!a	15
----->
M	95a	4!c	Party	(see qualifier description)	S or T	16
-----| ----->
M	94a	4!c	Place	(see qualifier description)	C, D or G	17
-----|
O	13B	POST	Number Identification	Postal Code	:4!c/[8c]/30x	18
M	16S			End of Block	ADDRESS	19
-----| End of Subsequence B1 Address
Optional Subsequence B2 Claim of Tax Treaty Benefits
M	16R			Start of Block	TREATBENF	20
O	94C	RESI	Place	Country of Residence	:4!c//2!a	21
----->
O	17B	4!c	Flag	(see qualifier description)	:4!c//1!a	22
-----|
O	70E	COMP	Narrative	Information to be Complied With	:4!c//10*35x	23
M	16S			End of Block	TREATBENF	24
End of Subsequence B2 Claim of Tax Treaty Benefits
Mandatory Subsequence B3 Notional Principal Contracts
M	16R			Start of Block	NOPRINC	25
M	17B	NPCC	Flag	Notional Principal Contracts Flag	:4!c//1!a	26
M	16S			End of Block	NOPRINC	27
End of Subsequence B3 Notional Principal Contracts
Mandatory Subsequence B4 Certified Signature
M	16R			Start of Block	CERTSIGN	28
M	95Q	CERT	Party	Certifying Party Signature	:4!c//4*35x	29
M	16S			End of Block	CERTSIGN	30
End of Subsequence B4 Certified Signature
M	16S			End of Block	BENODET	31
-----| End of Sequence B Beneficial Owner Details
Optional Sequence C Additional Information
M	16R			Start of Block	ADDINFO	32
----->
O	95a	4!c	Party	(see qualifier description)	P, R or Q	33
-----|
O	70E	ADTX	Narrative	Additional Text	:4!c//10*35x	34 33
M	16S			End of Block	ADDINFO	35 34
End of Sequence C Additional Information
M = Mandatory O = Optional