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ISO 15022
Data Field Dictionary

MT507: (15) Field 70a: Narrative

FORMAT

Option C :4!c//4*35x (Qualifier)(Narrative)
Option D :4!c//6*35x (Qualifier)(Narrative)

PRESENCE

Optional in mandatory sequence A

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

REAS

N

 

D

Reason Narrative

2

O

PACO

N

 

C

Party Narrative

DEFINITION

This qualified generic field specifies:

PACO

Party Narrative

Provides additional information regarding the party, for example, the contact unit or person responsible for the transaction identified in the message.

REAS

Reason Narrative

Provides additional information about the reason in narrative form.

USAGE RULES

The use of the field :70D::REAS will inhibit STP and is therefore not recommended except when field:24B::REJT in this sequence is NARR.

Unless bilaterally agreed between the Sender and the Receiver, narrative field 70a must not contain information that can be provided in a structured field.