 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 D |
[/1!a][/34x]4*35x |
(Party Identifier)(Name and Address) |
Mandatory in mandatory sequence B
This field specifies the financial institution which is to be debited with the transaction amount.
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).
Optional Party Identifier may be used to specify the account number to be debited.
Option A must be used whenever possible.
Option D must only be used in exceptional circumstances, that is, when the debit institution cannot be identified by a financial institution BIC, and when there is a bilateral agreement between the Sender and Receiver permitting its use. Unless qualified by an account number, the use of option D may prevent the automated processing of the instruction(s) by the Receiver.
