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Optional in mandatory sequence C
This field specifies the institution in favour of which the payment is made when other than one of the parties of the trade.
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 ('/').
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Identifier Code must be a registered BIC (Error code(s): T27,T28,T29,T45).
For matching purposes, option A must be used when available.
See the chapter Guidelines for this MT.