MT 340 Field Specifications

6. Field 22C: Common Reference

FORMAT

Option C

4!a2!c4!n4!a2!c

(Bank Code 1)(Location Code 1)(Reference Code)(Bank Code 2)(Location Code 2)

PRESENCE

Mandatory in mandatory sequence A

DEFINITION

This field contains a reference common to both the Sender and the Receiver.

NETWORK VALIDATED RULES

This field consists of the bank and location codes (Error code(s): T95) (from the ISO Business Identifier Code) of both the Sender and the Receiver of the MT 340. These codes must appear in alphabetical order (letters take precedence over numbers) (Error code(s): T96).

Location Code 1 and Bank Code 2 are separated by four digits, which must consist of the rightmost non-zero digits of the Fixed Rate (field 37M in sequence B). If there are no digits to the left of it, the space must be zero filled (Error code(s): T22).