MT 589 Field Specifications

29. Field 97A: Account

FORMAT

Option A

:4!c//35x

(Qualifier) (Account Number)

PRESENCE

Optional

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	CASH	N		A	Cash Account
2	O	CHAR	N		A	Charges Account
3	O	COMM	N		A	Commission Account
4	O	TAXE	N		A	Tax Account
5	O	SAFE	N		A	Safekeeping Account

DEFINITION

This qualified generic field specifies:

CASH	Cash Account	Account in which cash is maintained.
CASH	Cash Account	Account from/to which a payment is to be/has been done and which is held by the party specified in this sequence.
CHAR	Charges Account	Account to be used for charges if different from the account for payment and which is held by the party specified in this sequence.
COMM	Commission Account	Account to be used for commission if different from the account for payment and which is held by the party specified in this sequence.
SAFE	Safekeeping Account	Account where financial instruments are maintained.
SAFE	Safekeeping Account	Safekeeping account held by the party specified in this sequence.
TAXE	Tax Account	Account to be used for taxes if different from the account for payment and which is held by the party specified in this sequence.