MT370: (26) Field 95a: Party
FORMAT
| Option P | :4!c//4!a2!a2!c[3!c] | (Qualifier)(Identifier Code) |
| Option Q | :4!c//4*35x | (Qualifier)(Name and Address) |
| Option R | :4!c/8c/34x | (Qualifier)(Data Source Scheme)(Proprietary Code) |
PRESENCE
Mandatory in optional subsequence B1
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
BENM |
N |
C3, C4 |
P, Q, or R |
Beneficiary |
|
or |
ACCW |
N |
C3, C4 |
P, Q, or R |
Account With Institution |
|
or |
INT1 |
N |
C4, C5 |
P, Q, or R |
Intermediary |
|
or |
INT2 |
N |
C4, C5 |
P, Q, or R |
Second Intermediary |
DEFINITION
This qualified generic field specifies:
ACCW |
Account With Institution |
Financial institution that services the cash account of the beneficiary. Also known as receiving agent. Party where the payment amount must be ultimately delivered on behalf of the beneficiary, that is, the party where the beneficiary has its account. |
BENM |
Beneficiary |
Party to which the payment amount must be ultimately delivered. In some cases, this may be a fund. |
INT1 |
Intermediary |
Intermediary party. |
INT2 |
Second Intermediary |
Second intermediary. |
NETWORK VALIDATED RULES
Identifier Code must be a registered BIC.
If Qualifier is ACCW, INT1 or INT2, Identifier Code must be a financial institution BIC. This error code applies to all types of BICs referenced in a FIN message including connected BICs, non-connected BICs, Masters, Synonyms, Live destinations and Test & Training destinations.
Proprietary code (format option R) and Name and Address (format option Q) must not start or end with a slash '/' and not contain two consecutive slashes '//'. For field formats with more than 1 line, the rule applies for each line.
USAGE RULES
In option R, Data Source Scheme specifies a code representing a clearing system and Proprietary Code specifies a local national code identifying the party at that clearing system:
Code name |
Code description |
Format Proprietary Code |
|---|---|---|
AT |
Austrian Bankleitzahl |
5!n |
AU |
Australian Bank State Branch (BSB) Code |
6!n |
BL |
German Bankleitzahl |
8!n |
CC |
Canadian Payments Association Payment Routing Number |
9!n |
CH |
CHIPS Universal Identifier |
6!n |
CN |
China National Advanced Payment System (CNAPS) Code |
12..14n |
CP |
CHIPS Participant Identifier |
4!n |
ES |
Spanish Domestic Interbanking Code |
8..9n |
FW |
Fedwire Routing Number |
9!n |
GR |
HEBIC (Hellenic Bank Identification Code) |
7!n |
HK |
Bank Code of Hong Kong |
3!n |
IE |
Irish National Clearing Code (NSC) |
6!n |
IN |
Indian Financial System Code (IFSC) |
11!c |
IT |
Italian Domestic Identification Code |
10!n |
PL |
Polish National Clearing Code (KNR) |
8!n |
PT |
Portuguese National Clearing Code |
8!n |
RU |
Russian Central Bank Identification Code |
9!n |
SC |
UK Domestic Sort Code |
6!n |
SW |
Swiss Clearing Code (BC code) |
3..5n |
SW |
Swiss Clearing Code (SIC code) |
6!n |
If a clearing code is specified using 95R, this is the clearing code of the party identified in 95P or 95Q within the same subsequence B1 Cash Parties.
