MT 508 Field Specifications

12. Field 97a: Account: Safekeeping Account

FORMAT

Option A	:4!c//35x	(Qualifier)(Account Number)
Option B	:4!c/[8c]/4!c/35x	(Qualifier)(Data Source Scheme)(Account Type Code)(Account Number)

PRESENCE

Mandatory in mandatory sequence B

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	SAFE	N		A or B	Safekeeping Account

DEFINITION

This qualified generic field specifies:

SAFE

Safekeeping Account

Account where financial instruments are maintained.

In option B, Account Type Code specifies the type of account needed to fully identify the account.

CODES

In option B, the Data Source Scheme must be present and Account Type Code must contain the type of account as defined by the party identified in the Data Source Scheme.

USAGE RULES

The account provided is the account of the party specified in this sequence.