MT 584 Field Specifications

45. Field 95a: Party

FORMAT

Option P	:4!c//4!a2!a2!c[3!c]	(Qualifier) (BIC/BEI)
Option R	:4!c/8c/34x	(Qualifier) (Data Source Scheme) (Proprietary Code)
Option Q	:4!c//4*35x	(Qualifier) (Name & Address)
Option S	:4!c/[8c]/4!c/2!a/30x	(Qualifier) (Data Source Scheme) (Type of ID) (Country Code) (Alternate ID)
Option C	:4!c//2!a	(Qualifier) (Country Code)

PRESENCE

Mandatory in an optional sequence

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	INVE	N		C, P, R or Q	Investor
	or	BUYR	N		P, R or Q	Buyer
	or	SELL	N		P, R or Q	Seller
	or	ETC1	N		P, R or Q	ETC Service Provider 1
	or	ETC2	N		P, R or Q	ETC Service Provider 2
	or	CLBR	N		P, R or Q	Clearing Broker
	or	STBR	N		P, R or Q	Step-In Broker
	or	INBR	N		P, R or Q	Introducing Broker
	or	BRCR	N		P, R or Q	Broker of Credit
	or	AFFM	N		P, R or Q	Affirming Party
	or	RQBR	N		P, R or Q	Requested Broker
2	O	ALTE	N		S	Alternate ID

DEFINITION

This qualified generic field specifies:

INVE	Investor. Party, either an individual or organisation, whose assets are being invested.
BUYR	Buyer. Party that receives the financial instrument.
SELL	Seller. Party that delivers the financial instrument.
ETC1	ETC service provider 1.
ETC2	ETC service provider 2.
CLBR	Clearing broker. Party that settles the trade on behalf of the executing broker.
INBR	Introducing broker. Party that has the closest association with the investor.
BRCR	Broker of credit. Party that receives the trade credit.
STBR	Step-in broker. Party to whom the investor directs the credit for executing the trade.
AFFM	Affirming party. Party to whom the investor directs the credit for executing the trade.
RQBR	In a directed order (:22F::TTCO//DIOR), broker with which the Receiver of the message is requested to execute the order.
ALTE	Alternate ID.

INVE	Investor.
BUYR	Buyer.
SELL	Seller.
ETC1	ETC service provider 1.
ETC2	ETC service provider 2.
CLBR	Clearing broker.
INBR	Introducing broker.
BRCR	Broker of credit.
STBR	Step-in broker.
AFFM	Affirming party.
ALTE	Alternate ID.

Proprietary Code specifies a local national code or market segment code identifying the party.

Type of ID specifies the type of alternate identification which can be used to give an alternate identification of the party identified in this sequence.

Country Code specifies the country for which the alternate identification is relevant.

Alternate ID specifies an alternate identification of the party identified in this sequence.

When INVE is used with option C, the country code specifies the nationality of the investor, for the settlement of certain securities (i.e. airlines, defence manufacturers) under the EU legislation.

CODES

If Data Source Scheme is not present, Type of ID must contain one of the following codes (Error code(s): K95):

ARNU	Alien registration number.
CCPT	Passport number.
CHTY	Tax exempt identification number, i.e. charity in the UK.
CORP	Corporate identification. Alternate Id must contain the name of the corporate, followed by a slash, '/', followed by the number of the customer in a corporation.
DRLC	Driver's licence number. Alternate Id must contain the state of issue, followed by a slash, '/', followed by the driver's license number.
FIIN	Foreign Investment Identity Number (to be used when different ID than Alien Number).
TXID	Tax identification number.

NETWORK VALIDATED RULES

Country Code must be a valid ISO country code (Error code(s): T73).

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

Proprietary code (Format Option R), Alternate ID (Format Option S) and Name & Address (Format Option Q) must not start or end with a slash '/' and not contain two consecutive slashes '//'. For field formats with more than 1 line, the rule applies for each line (Error code(s): T26).