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MT 671 Field Specifications

12. Field 22H: Indicator: SSI Purpose

FORMAT

Option H :4!c//4!c (Qualifier)(Indicator)

PRESENCE

Mandatory in mandatory sequence B

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 M SSIP N   H SSI Purpose

DEFINITION

This qualified generic field specifies:

SSIP SSI Purpose Specifies the purpose of the individual SSI.

CODES

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.

USAGE RULES

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 received with the code NEWS, this over-writes any previously received SSI for the same currency and market area.