ISO 15022 Data Field Dictionary

MT518: (58) Field 95a: Party

FORMAT

Option L :4!c//18!c2!n (Qualifier)(Legal Entity Identifier)
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)
Option S :4!c/[8c]/4!c/2!a/30x (Qualifier)(Data Source Scheme)(Type of ID)(Country Code)(Alternate ID)

PRESENCE

Mandatory in optional subsequence C2

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

ACCW

N

C4

P, Q, or R

Account With Institution

 

or

BENM

N

C4

P, Q, or R

Beneficiary of Money

 

or

DEBT

N

C4

P, Q, or R

Debtor

 

or

INTM

N

C4

P, Q, or R

Intermediary

 

or

PAYE

N

C4

P, Q, or R

Paying Institution

2

O

ALTE

R

C9

L or S

Alternate Identification

DEFINITION

This qualified generic field specifies:

ACCW

Account With Institution

Financial institution that services the cash account of the beneficiary customer, if other that the Receiver.

ALTE

Alternate Identification

Alternate identification for a party.

BENM

Beneficiary of Money

Ultimate party to be credited with the money.

DEBT

Debtor

Paying agent ordering customer or debtor.

INTM

Intermediary

Financial institution through which the transaction must pass to reach the account with institution.

PAYE

Paying Institution

Party from whose account the payment needs to be done, if different from the Sender's account.

CODES

In option S, if Qualifier is ALTE and Data Source Scheme is not present, Type of ID must contain one of the following codes:

ARNU

Alien Registration Number

Number assigned by a government agency to identify foreign nationals.

CCPT

Passport Number

Number assigned by a passport authority.

CHTY

Tax Exempt Identification Number

Number assigned to a tax exempt entity.

CORP

Corporate Identification

Number assigned to a corporate entity.

DRLC

Driver's Licence Number

Number assigned to a driver's licence.

FIIN

Foreign Investment Identity Number

Number assigned to a foreign investor (other than the alien number).

TXID

Tax Identification Number

Number assigned by a tax authority to an entity.

NETWORK VALIDATED RULES

Country Code must be a valid ISO country code.

Identifier Code must be a registered BIC.

If Qualifier is ACCW, INTM or PAYE, 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), Alternate ID (Format Option S) and Name and Address (Format Option Q) must not start or end with a slash '/' and must not contain two consecutive slashes '//'. For field formats with more than 1 line, the rule applies for each line.

USAGE RULES

In option R, Proprietary Code specifies a local national code or market segment code identifying the party.

In option S:

  • Type of ID specifies the type of alternate identification that can be used to give an alternate identification of the party identified in this sequence.

  • Country Code specifies the country for which the alternate identification is relevant.

  • Alternate ID specifies an alternate identification of the party identified in this sequence.

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