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ISO 15022
Data Field Dictionary

MT507: (22) Field 20C: Reference: Collateral Reference

FORMAT

Option C :4!c//16x (Qualifier)(Reference)

PRESENCE

Mandatory in conditional (see rule C2) sequence B

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

COLR

N

 

C

Collateral Reference

DEFINITION

This qualified generic field specifies:

COLR

Collateral Reference

Reference assigned by the giver to unambiguously identify the piece of collateral.

NETWORK VALIDATED RULES

Reference must not start or end with a slash '/' and must not contain two consecutive slashes '//'.

USAGE RULES

For Letters of Credit, Collateral Reference is the Documentary Credit Number.

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