 Option A |
[/1!a][/34x]4!a2!a2!c[3!c] |
(Party Identifier)(Identifier Code) |
| Option D |
[/1!a][/34x]4*35x |
(Party Identifier)(Name and Address) |
| Option J |
5*40x |
(Party Identification) |
Optional in conditional (see rule C5) sequence E
This field identifies the financial institution and account where the payee will receive the net amount to be settled.
In option D, one of the following codes may be used in Name and Address:
| NET |
When net settlement takes place |
| NONE |
When no settlement is taking place |
| SSI |
When standing settlement instructions apply |
| UNKNOWN |
When the settlement instructions are not known |
In option J, Party Identification must be specified as a list of pairs (Code)(Value) and the following codes and format must be used (Error code(s): T78).
Note that optional codes are surrounded by square brackets ('[' and ']') which are not part of the syntax.
The codes must be placed between slashes ('/').
| ABIC |
4!a2!a2!c[3!c] or 4!a |
Identifier Code or 'UKWN' if BIC not known |
| [ACCT] |
34x |
Account number (optional) |
| [ADD1] |
35x |
First line of the address (optional) |
| [ADD2] |
35x |
Second line of the address (optional) |
| [CITY] |
35x |
City, possibly followed by state and country (optional) |
| [CLRC] |
35x |
Clearing code (optional) |
| [GBSC] |
6!n |
UK domestic sort code (optional) |
| NAME |
34x |
Party's name |
| [USCH] |
6!n |
CHIPS UID (optional) |
| [USFW] |
9!n |
FedWire Routing Number (optional) |
In option J, an alternative is to specify Party Identification as the following code (Error code(s): T78):
The code must be placed between slashes ('/').
| NETS |
Payment flows are netted based on a bilateral agreement |
In option J, an alternative is to specify Party Identification as the following code (Error code(s): T78):
The code must be placed between slashes ('/').
| SSIS |
Standing settlement instructions are used |
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 connected BICs, non-connected BICs, Masters, Synonyms, Live destinations and Test & Training destinations (Error code(s): C05).
