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ISO 15022
Data Field Dictionary

MT321: (18) Field 94C: Payment Clearing Centre: Country

FORMAT

Option C :4!c//2!a (Qualifier)(Country Code)

PRESENCE

Optional in mandatory sequence B

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

COUN

N

 

C

Country

DEFINITION

This qualified generic field specifies:

COUN

Country

Specifies the place of clearing for offshore currency trades.

NETWORK VALIDATED RULES

Country Code must be a valid ISO country code.

USAGE RULES

This field is used to designate the clearing centre for offshore currency trades. It must not be used for trades that settle onshore.

EXAMPLE

For an offshore CNY trade that clears in Hong Kong (also known as CNH):

:94C::COUN//HK

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