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MT 300 Field Specifications

47. Field 17A: Buy (Sell) Indicator

FORMAT

Option A 1!a (Indicator)

PRESENCE

Mandatory in conditional (see rule C3) sequence D

DEFINITION

This field specifies whether party A receives or pays the amount specified in field 32B Currency, Amount of sequence D.

CODES

One of the following codes must be used (Error code(s): T36):

N Party A pays the amount
Y Party A receives the amount