35*50x(Narrative)| 35*50x |
(Narrative) |
Conditional (C6)
This field specifies amendments to the documentary credit for which there is no other specific field.
The following code may be used:
| CANCEL |
The documentary credit is cancelled for the unutilized portion. |
This field must be used when specifying changes in currency and/or increases or decreases in a currency different from the basic currency.
When an MT 707 is used to convey only brief details which are not intended to form part of the operative instrument, this field must contain the phrase 'DETAILS TO FOLLOW'.
This field should also be used to indicate if pre-notification of a reimbursement claim or pre-debit notification to the issuing bank is required. The number and type, ie, banking or calendar, of days within which the issuing bank has to be notified is also to be indicated.
In case the name of the beneficiary is being amended by this message, the new name and address of the beneficiary should be explicitly indicated in this field. The new name and address of the beneficiary applies wherever the original name and address of the beneficiary appeared in the original credit.
