ISO 15022 Data Field Dictionary

MT518: (72) 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 sequence D

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

EXCH

N

C4

P, Q, or R

Stock Exchange

 

or

MEOR

N

C4, C10

P, Q, or R

Originator of Message

 

or

MERE

N

C4, C10

P, Q, or R

Recipient of Message

 

or

TRRE

N

C4

P, Q, or R

Trade Regulator

 

or

TRAG

N

C4

P, Q, or R

Triparty Agent

 

or

VEND

N

C4, C7

P, Q, or R

Vendor

 

or

INPA

N

 

P, Q, or R

Interested Party

2

O

ALTE

R

C9

L or S

Alternate Identification

DEFINITION

This qualified generic field specifies:

ALTE

Alternate Identification

Alternate identification for a party.

EXCH

Stock Exchange

Party that identifies the stock exchange.

INPA

Interested Party

Party that receives information from other parties about transactions that are being processed, and performs functions such as regulatory oversight and accounting.

MEOR

Originator of Message

Party that originated the message, if other than the Sender.

MERE

Recipient of Message

Party that is the final destination of the message, if other than the Receiver.

TRAG

Triparty Agent

Party that handles tri-party transactions.

TRRE

Trade Regulator

Party that identifies the trade regulator.

VEND

Vendor

Vendor of the Settlement Standing Instruction database requested to be consulted through sequence C field 22F::DBNM//VEND.

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.

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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