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ISO 15022
Data Field Dictionary

MT526: (11) Field 87a: Receiver/Deliverer of Securities

FORMAT

Option A [/1!a][/34x]
4!a2!a2!c[3!c]
(Party Identifier)
(Identifier Code)
Option D [/1!a][/34x]
4*35x
(Party Identifier)
(Name and Address)

PRESENCE

Optional in mandatory sequence B

DEFINITION

This field identifies the receiver or deliverer of securities.

NETWORK VALIDATED RULES

Identifier Code must be a registered BIC.

USAGE RULES

This field identifies the receiver of securities, that is, where the Sender wishes to receive the securities, when this message is a request to borrow, that is, field 23 contains BORROW, or a notice of recall, that is, field 23 contains RECALL.

This field identifies the deliverer of securities, that is, from where the securities are to be delivered, when the message is a return notification, that is, field 23 contains RETURN.

This field must be present if field 23 contains the Function BORROW and Code is absent, and a direct account relationship between the Sender and the Receiver does not exist or exists but is not to be used.

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