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MT 304 Field Specifications

2. Field 20: Sender's Reference

FORMAT

16x

PRESENCE

Mandatory in mandatory sequence A

DEFINITION

This field specifies the reference number assigned by the Sender to unambiguously identify the instruction, that is, the number uniquely identifying the deal to the fund manager.

NETWORK VALIDATED RULES

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

USAGE RULES

The reference assigned to an instruction is used for cross-referencing purposes in subsequent messages, such as following MT 304s and statement messages, as well as queries. It is therefore essential for the identification of the original MT 304 sent that this reference be unique.