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MT 670 Field Specifications

29. Field 22H: Indicator: Precedence Indicator

FORMAT

Option H :4!c//4!c (Qualifier)(Indicator)

PRESENCE

Optional in optional subsequence B2

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 O PREC N   H Precedence Indicator

DEFINITION

This qualified generic field specifies:

PREC Precedence Indicator Specifies precedence details for the SSI

CODES

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

PREF Preferred The preferred SSI for a currency and market area

USAGE RULES

PREF should be used when the message includes a notification of updates to two or more SSIs for a single currency and market area combination. In this case, one of the SSIs can be marked as preferred, to indicate that it should be used as the default.