6*65x(Narrative)| 6*65x |
(Narrative) |
Optional
This field contains additional information on the transaction detailed in the preceding statement line which is to be passed on to the account owner.
This field may contain ERI to transport dual currencies, as explained in the chapter 'Euro - Impact on Category 9 Message Standards'.
Since the charges field in the customer transfers is repetitive, it may be necessary to report more than one charges amount in the resulting statement. In this case, it is allowed to repeat the code word CHGS before the code word OCMT. The order in which the charges are specified is the same as in the customer transfers, ie, the order in which the charges have been taken during the transaction. So, the last appearance of the code word CHGS always specifies the charges (if any) of the account servicing institution.
In order to comply with the EC-directive on cross border credit transfers, the optional code word EXCH may be used to transport an exchange rate. In line with ERI, the code word EXCH is placed between slashes, followed by the exchange rate, format 12d, and terminated with another slash. The code may be repeated if the account servicing institution wants to report an exchange rate that it applied, in addition to the exchange rate received in the instruction. The order in which the exchange rates are specified is the same as the order in which the rates have been applied during the transaction. So, the last appearance of the code word EXCH always specifies the rate applied by the account servicing institution.
An ordering party is identified with the preceding code /ORDP/. The information following this code is copied from field 50a of the customer payment order, or field 52a (sender if field 52a is not present) of the financial institution transfer. The code should be used at the beginning of a line.
In case of a debit item, a beneficiary party may be identified with the preceding code /BENM/. The information following this code is copied from field 59a of the customer payment order, or field 58a of the financial institution transfer. The code should be used at the beginning of a line.
In case remittance information from field 70 of the payment instruction is to be included in this field, it should be preceded by the code /REMI/.
In case the information in field 72 of the payment instruction is intended for the account owner, it should be copied into field 86 as it is. Codes used in field 72 of the payment instruction have therefore the same meaning in field 86 of the statement. If only free text is used in field 72, it is to be copied as it is since a code in field 86 will not add any value.
