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MT 340 Field Specifications

42. Field 24D: Dealing Method

FORMAT

Option D 4!c[/35x] (Method)(Additional Information)

PRESENCE

Conditional (see rule C10) in conditional (see rules C4, C5, C6, C7, and C9) sequence E

DEFINITION

This field specifies how the deal was agreed.

CODES

Method must contain one of the following, optionally followed with Additional Information (Error code(s): T68):

BROK Deal made via a money broker
ELEC Deal made via an electronic system (Reuters, EBS etc.)
FAXT Deal agreed by fax
PHON Deal agreed on the phone
TELX Deal agreed by telex

USAGE RULES

For voice brokers this field contains the code BROK. If the broker needs to be identified explicitly, field 88a must be used.