MT 103 REMIT Field Specifications

22. Field 77B: Regulatory Reporting

FORMAT

Option B

3*35x

(Narrative)

In addition to narrative text, the following line formats may be used:

Line 1	/8a/2!a[//additional information]	(Code)(Country Code)(Narrative)
Lines 2-3	[//continuation of additional information]	(Narrative)

PRESENCE

Optional

DEFINITION

This field specifies the codes for the statutory and/or regulatory information required by the authorities in the country of Receiver or Sender.

CODES

Where the residence of either the ordering customer or the beneficiary customer is to be identified, one of the following codes may be used in Code, placed between slashes ('/'):

BENEFRES	Residence of the beneficiary customer.
ORDERRES	Residence of the ordering customer.

USAGE RULES

Country Code consists of the ISO country code of the country of residence of the ordering customer or beneficiary customer.

The information specified must not have been explicitly conveyed in another field.