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MT 305 Field Specifications

49. Field 17Y: Financial Nature of the Counterparty Indicator

FORMAT

Option Y 1!a (Indicator)

PRESENCE

Optional in optional sequence B

DEFINITION

This indicator specifies the financial nature of the reporting counterparty.

CODES

Indicator must contain one of the following codes (Error code(s): T67):

F The party is a financial counterparty
N The party is a non-financial counterparty