Skip to main content
Header logo

ISO 15022
Data Field Dictionary

MT507: (29) Field 22a: Indicator

FORMAT

Option F :4!c/[8c]/4!c (Qualifier)(Data Source Scheme)(Indicator)
Option H :4!c//4!c (Qualifier)(Indicator)

PRESENCE

Mandatory in conditional (see rule C11) subsequence B1a

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

SCOL

N

 

H

Collateral Settlement Type Indicator

2

O

STCO

R

C7

F

Settlement Transaction Condition Indicator

3

O

TRCA

N

 

F

Party Capacity Indicator

4

O

STAM

N

 

F

Stamp Duty Indicator

5

O

RTGS

N

 

F

Securities Real-Time Gross Settlement Indicator

6

O

REGT

N

 

F

Registration Indicator

7

O

BENE

N

 

F

Beneficial Ownership Indicator

8

O

CASY

N

 

F

Cash Settlement System Indicator

DEFINITION

This qualified generic field specifies:

BENE

Beneficial Ownership Indicator

Specifies whether there is change of beneficial ownership.

CASY

Cash Settlement System Indicator

Specifies what cash settlement system is instructed to be used.

REGT

Registration Indicator

Specifies whether registration should occur upon receipt.

RTGS

Securities Real-Time Gross Settlement Indicator

Specifies whether the settlement transaction is to be settled through an RTGS or a non RTGS system.

SCOL

Collateral Settlement Type Indicator

Specifies how the collateral will be settled.

STAM

Stamp Duty Indicator

Specifies the stamp duty type or exemption reason applicable to the settlement instruction.

STCO

Settlement Transaction Condition Indicator

Specifies the conditions under which the collateral is to be settled.

TRCA

Party Capacity Indicator

Specifies the role of the party in the transaction.

CODES

In option H, if Qualifier is SCOL, Indicator must contain one of the following codes:

DVDS

Delivery Against Delivery

Delivery against delivery.

DVPT

Delivery Against Payment

Delivery against payment.

FOPT

Delivery Free of Payment

Delivery free of payment.

CODES

In option F, if Qualifier is STCO and Data Source Scheme is not present, Indicator must contain one of the following codes:

ASGN

Assignment

Transfer of ownership of the asset to another party during the closing of an option.

EXER

Exercised

Settlement transaction relates to options, futures or derivatives that are exercised.

FRCL

Free Clean Settlement

Delivery will be made free of payment but a clean payment order will be sent.

KNOC

Knocked Out

Settlement transaction relates to options, futures or derivatives that are expired worthless.

NPAR

No Partial Settlement Allowed

Partial settlement is not allowed.

NSSP

Standing Settlement Parties Override

Standing settlement parties have to be overridden.

PART

Partial Settlement

Partial settlement is allowed.

PHYS

Physical Settlement

Securities are to be physically settled.

RESI

CSD Payment Only

Relates to transaction on a security that is not eligible at the Central Securities Depository (CSD) but for which the payment will be enacted by the CSD.

SHOR

Short Sale Indicator

Settlement transaction will create a short position.

SPDL

Special Delivery

Settlement transactions to be settled with special delivery.

SPST

Split Settlement

Money and financial instruments settle in different locations.

UNEX

Unexposed

Delivery cannot be performed until money is received.

CODES

In option F, if Qualifier is TRCA and Data Source Scheme is not present, Indicator must contain one of the following codes:

CUST

Settling as a Custodian

Settlement party is a custodian. It receives/delivers the securities and carries out custodial duties.

SAGE

Settling as an Agent

Party settles trades on behalf of his client for which he also traded.

SPRI

Settling as a Principal

Party settles its own trades.

CODES

In option F, if Qualifier is RTGS and Data Source Scheme is not present, Indicator must contain one of the following codes:

NRTG

Non-RTGS

Settle through the non-RTGS system. If there is a standing instruction in place for settlement through the RTGS instruction, then this standing instruction is to be ignored.

YRTG

RTGS

Settle through the RTGS system. If there is a standing instruction in place for settlement through the non-RTGS system, then this standing instruction is to be ignored.

CODES

In option F, if Qualifier is REGT and Data Source Scheme is not present, Indicator must contain one of the following codes:

NREG

Street Name

Hold the securities in street name. If there is a standing instruction in place to register on receipt, then this standing instruction is to be ignored.

YREG

Register

Register on receipt. If there is a standing instruction in place to hold the securities in street name, then this standing instruction is to be ignored.

CODES

In option F, if Qualifier is BENE and Data Source Scheme is not present, Indicator must contain one of the following codes:

NBEN

NCBO

No Change of Beneficial Ownership (NCBO). If a standing instruction is in place for change of beneficial ownership (CBO), then this standing instruction is to be ignored.

YBEN

CBO

Change of Beneficial Ownership (CBO). If a standing instruction is in place for no change of beneficial ownership (NCBO), then this standing instruction is to be ignored.

CODES

In option F, if Qualifier is CASY and Data Source Scheme is not present, Indicator must contain one of the following codes:

ABEC

EBA EURO Clearing (EBA)

Settle money through EBA EURO Clearing (EBA).

ARTI

ARTIS (AT)

Settle money through ARTIS (AT).

AUCL

Payment Delivery System/RITF-RTGS (AU)

Settle money through Payment Delivery System/RITF-RTGS (AU).

AVPS

AVP (NZ)

Settle money through AVP (NZ).

BELS

ELLIPS (BE)

Settle money through ELLIPS (BE).

BOFI

BOF (FI)

Settle money through BOF (FI).

BOJS

Bank of Japan System

Settle money through Bank of Japan System.

BRLI

BIREL (IT)

Settle money through BIREL (IT).

CHEC

Cheque

Settle money through cheque.

DELS

EUROLINK SYSTEM (DE)

Settle money through EUROLINK SYSTEM (DE).

DKCS

DEBES (DK)

Settle money through DEBES (DK).

EAFD

EAF - EURO ACCESS FRANKFURT (DE)

Settle money through EAF - EURO ACCESS FRANKFURT (DE).

EBAC

EBA EURO Clearing (Members)

Settle money through EBA EURO Clearing (Members).

EPMS

EPM - ECB Payment Mechanism

Settle money through EPM - ECB Payment Mechanism.

GBSC

UK Domestic Sort Code

Settle money through UK Domestic Sort Code.

GROS

Gross Settlement System

Settle money through gross settlement system.

HERM

HERMES EURO (GR)

Settle money through HERMES EURO (GR).

HSVP

HSVP (HR)

Settle money through HSVP (HR).

IRIS

IRIS (IE)

Settle money through IRIS (IE).

LIPS

LIPS GROSS (LU)

Settle money through LIPS GROSS (LU).

LVTS

LVTS (CA)

Settle money through LVTS (CA).

NETS

Net Settlement System

Settle money through net settlement system.

NICS

NICS (NO)

Settle money through NICS (NO).

PCHS

Payment System Switzerland (CH)

Settle money through Payment System Switzerland (CH).

PEGE

Payment System in Egypt (EG)

Settle money through Payment System in Egypt (EG).

PNSF

PNS (FR)

Settle money through PNS (FR).

PVEV

PVE (VE)

Settle money through PVE (VE).

RIXS

RIX (SE)

Settle money through RIX (SE).

SAMO

SAMOS (ZA)

Settle money through SAMOS (ZA).

SEPI

SEPI (ES)

Settle money through SEPI (ES).

SITS

SIT (SI)

Settle money through SIT (SI).

SLBE

SLBE (ES)

Settle money through SLBE (ES).

SPGT

SPGT (PT)

Settle money through SPGT (PT).

TARG

TARGET

Settle money through TARGET.

TBFF

TBF - Transferts Banque De France (FR)

Settle money through TBF - Transferts Banque De France (FR).

TOPN

TOP (NL)

Settle money through TOP (NL).

USCH

CHIPS (US)

Settle money through CHIPS (US).

USFW

Fedwire (US)

Settle money through Fedwire (US).

VIBE

VIBER (HU)

Settle money through VIBER (HU).

ZENG

Zengin

Settle money through Zengin.

CODES

In option F, if Qualifier is STAM, the Data Source Scheme must be used to indicate the stamp duty type or exemption reason, for example, in the United Kingdom and Ireland (CRST), in South Africa (STRA), etc.