MT 535 Field Specifications

37. Field 22H: Indicator: Corporate Action Option Code Indicator

FORMAT

Option H

:4!c//4!c

(Qualifier)(Indicator)

PRESENCE

Optional in optional subsequence B1

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	CAOP	N		H	Corporate Action Option Code Indicator

DEFINITION

This qualified generic field specifies:

CAOP

Corporate Action Option Code Indicator

Specifies the corporate action options available to the account owner.

CODES

Indicator must contain one of the following codes (Error code(s): K22):

CASH	Cash	Distribution of cash to holders.
DRIP	Drip	Reinvestment proceeds into securities.

USAGE RULES

The qualifier CAOP is to be used for investment funds only, whereby the holder has the option to receive the distribution in cash or reinvest in securities.