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MT 537 Field Specifications

58. 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

Conditional (see rule C7) in optional subsequence C2a

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 O 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.