MT 582 Field Specifications

17. Field 87a: Receiver or Deliverer of Securities

FORMAT

Option A [/1!a][/34x]
4!a2!a2!c[3!c]
(Party Identifier)
(BIC/BEI)
Option B [/1!a][/34x]
[35x]
(Party Identifier)
(Location)
Option D [/1!a][/34x]
4*35x
(Party Identifier)
(Name & Address)

PRESENCE

Optional

DEFINITION

This field specifies the party to which the securities claimed have been or will be received or from which the securities advised have been or will be delivered when the party is other than the Sender or the Receiver.

NETWORK VALIDATED RULES

The BIC/BEI must be a SWIFT registered address, either connected or non-connected (Error code(s): T27, T28, T29, T45).

BIC specifies the Bank Identifier Code. BEI specifies the Business Entity Identifier.