 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 conditional (see rule C1) sequence C
This field identifies the party to which the Sender will deliver the commodity sold.
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).
When the Sender services a commodity account (that is, an account for the commodity specified in field 26C) for the Receiver, and this account is to be credited, option A should be used and the field must contain the Sender's BIC.
When the Receiver services a commodity account (that is, an account for the commodity specified in field 26C) for the Sender and this account is to be debited, option A should be used and the field must contain the Receiver's SWIFT BIC.
In forward contracts, if the deliverer of the commodity is not known, the code UNKNOWN must appear in this field, using option D.
