Show/Hide TOC

MT 107 Field Specifications

23. Field 59a: Debtor

FORMAT

No letter option [/34x]
4*35x
(Account)
(Name and Address)
Option A [/34x]
4!a2!a2!c[3!c]
(Account)
(Identifier Code)

PRESENCE

Mandatory in mandatory sequence B

DEFINITION

This field specifies the debtor whose account will be debited according to the direct debit instruction specified in this occurrence of sequence B.

NETWORK VALIDATED RULES

Account of the debtor must be present (Error code(s): E10).

Identifier Code must be a registered BIC (Error code(s): T27,T28,T29,T45).