Option H | :4!c//4!c | (Qualifier)(Indicator) |
Mandatory in mandatory sequence B
(Error code(s): T89)
Order | M/O | Qualifier | R/N | CR | Options | Qualifier Description |
---|---|---|---|---|---|---|
1 | M | SSIP | N | H | SSI Purpose |
This qualified generic field specifies:
SSIP | SSI Purpose | Specifies the purpose of the individual SSI. |
Indicator must contain one of the following codes (Error code(s): K22):
NEWS | New | Individual SSI is new. |
RECO | Re-confirmation | Individual SSI is re-confirmed. |
For those situations in which a submitting party wants to send out a 'list' of all its current SSIs, then the code RECO is used at the individual SSI level.
It is not necessary that the original SSI being re-confirmed was communicated with the SSI message.
When an SSI is sent with the code NEWS, this over-writes any previously sent SSI for the same currency and market area.