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MT 104 Field Specifications

11. Field 77B: Regulatory Reporting

FORMAT

Option B 3*35x (Narrative)

In addition to narrative text, structured text with 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

Conditional (see rule C3) in mandatory sequence A

DEFINITION

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

CODES

When the residence of either the creditor or the debtor is to be identified, one of the following codes may be used in Code, placed between slashes ('/'):

BENEFRES Residence of the debtor.
ORDERRES Residence of the creditor.

USAGE RULES

Country Code consists of the ISO country code of the country of residence of the creditor or the debtor.

The information required is covered in the pre-established bilateral agreement between the Sender and the Receiver.

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