MT 370 Field Specifications

16. Field 20C: Reference: Netting Position Reference

FORMAT

Option C

:4!c//16x

(Qualifier)(Reference)

PRESENCE

Mandatory in mandatory sequence B

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	NETT	N		C	Netting Position Reference

DEFINITION

This qualified generic field specifies:

NETT

Netting Position Reference

Reference assigned to identify the netting operation.

NETWORK VALIDATED RULES

Reference must not start or end with a slash '/' and must not contain two consecutive slashes '//' (Error code(s): T26).

USAGE RULES

The reference must be used to identify the subsequent payment instruction to settle the net position.