MT 581 Field Specifications

3. Field 23: Further Identification

FORMAT

16x

PRESENCE

Mandatory

DEFINITION

This field indicates whether this message is a claim for a collateral adjustment or an advice of an adjustment made to the collateral amount.

CODES

One of the following codes must be used:

CLAIM Claim for adjustment to the collateral amount by the borrower or its agent to the lender or by the lender or its agent to the borrower.
ADVICE Advice of an adjustment to the collateral amount by the lender or its agent to the borrower or the borrower or its agent to the lender.