 Option A |
[/1!a][/34x]4!a2!a2!c[3!c] |
(Party Identifier)(Identifier Code) |
| Option B |
[/1!a][/34x][35x] |
(Party Identifier)(Location) |
| Option C |
/34x |
(Party Identifier) |
| Option D |
[/1!a][/34x]4*35x |
(Party Identifier)(Name and Address) |
Conditional (see rules C9 and C11)
This field specifies the financial institution which services the account for the beneficiary customer. This is applicable even if field 59a
59 or 59A
contains an IBAN.
In option A, Party Identifier may be used to indicate a national clearing system code.
The following codes may be used, preceded by a double slash '//':
| AT |
5!n |
Austrian Bankleitzahl |
| AU |
6!n |
Australian Bank State Branch (BSB) Code |
| BL |
8!n |
German Bankleitzahl |
| CC |
9!n |
Canadian Payments Association Payment Routing Number |
| CN
|
12..14n
|
China National Advanced Payment System (CNAPS) Code
|
| ES |
8..9n |
Spanish Domestic Interbanking Code |
| FW |
without 9 digit code |
Pay by Fedwire |
| GR |
7!n |
HEBIC (Hellenic Bank Identification Code) |
| HK |
3!n |
Bank Code of Hong Kong |
| IE |
6!n |
Irish National Clearing Code (NSC) |
| IN |
11!c |
Indian Financial System Code (IFSC) |
| IT |
10!n |
Italian Domestic Identification Code |
| NZ |
6!n |
New Zealand National Clearing Code |
| PL |
8!n |
Polish National Clearing Code (KNR) |
| PT |
8!n |
Portuguese National Clearing Code |
| RT |
|
Pay by Real Time Gross Settlement |
| SC |
6!n |
UK Domestic Sort Code |
| ZA |
6!n |
South African National Clearing Code |
In option C, or D, Party Identifier may be used to indicate a national clearing system code.
The following codes may be used, preceded by a double slash '//':
| AT |
5!n |
Austrian Bankleitzahl |
| AU |
6!n |
Australian Bank State Branch (BSB) Code |
| BL |
8!n |
German Bankleitzahl |
| CC |
9!n |
Canadian Payments Association Payment Routing Number |
| CH |
6!n |
CHIPS Universal Identifier |
| CN
|
12..14n
|
China National Advanced Payment System (CNAPS) Code
|
| CP |
4!n |
CHIPS Participant Identifier |
| ES |
8..9n |
Spanish Domestic Interbanking Code |
| FW |
9!n |
Fedwire Routing Number |
| GR |
7!n |
HEBIC (Hellenic Bank Identification Code) |
| HK |
3!n |
Bank Code of Hong Kong |
| IE |
6!n |
Irish National Clearing Code (NSC) |
| IN |
11!c |
Indian Financial System Code (IFSC) |
| IT |
10!n |
Italian Domestic Identification Code |
| NZ |
6!n |
New Zealand National Clearing Code |
| PL |
8!n |
Polish National Clearing Code (KNR) |
| PT |
8!n |
Portuguese National Clearing Code |
| RT |
|
Pay by Real Time Gross Settlement |
| RU |
9!n |
Russian Central Bank Identification Code |
| SC |
6!n |
UK Domestic Sort Code |
| SW |
3..5n |
Swiss Clearing Code (BC code) |
| SW |
6!n |
Swiss Clearing Code (SIC code) |
| ZA |
6!n |
South African National Clearing Code |
Identifier Code must be a registered financial institution BIC (Error code(s): T27,T28,T29,T45).
Identifier Code must be a financial institution BIC. This error code applies to all types of BICs referenced in a FIN message including SWIFT BICs, non-SWIFT BICs, Masters, Synonyms, Live destinations and Test & Training destinations (Error code(s): C05).
When field 57a is not present, it means that the Receiver is also the account with institution.
When one of the codes //FW (with or without the 9-digit number), //AU, //CP, //IN or //RT is used, it should appear only once and in the first of the fields 56a and 57a of the payment instruction.
When it is necessary that an incoming SWIFT payment be made to the party in this field via Fedwire, US banks require that the code //FW appears in the optional Party Identifier of field 56a or 57a.
When it is necessary that an incoming SWIFT payment be made to the intermediary or the account with institution via real-time gross settlement (RTGS), the code //RT should appear in the optional Party Identifier of field 56a or 57a.
The code //RT is binding for the Receiver. If it is used with option A, it must not be followed by any other information. If it is used with option C or D, it may be followed by another domestic clearing code.
Option A is the preferred option.
Option C must be used containing a 2!a clearing system code preceded by a double slash '//'.
Option D must only be used in exceptional circumstances: when the party cannot be identified by a financial institution BIC, when there is a need to be able to specify a name and address, for example, due to regulatory considerations or when there is a bilateral agreement between the Sender and the Receiver permitting its use.
When qualified by a clearing system code or an account number, the use of option D will enable the automated processing of the instruction(s) by the Receiver.
:57A:ABNANL2A
