Skip to main content
Header logo

ISO 15022
Data Field Dictionary

MT538: (34) Field 94a: Place: Place of Safekeeping

FORMAT

Option B :4!c/[8c]/4!c[/30x] (Qualifier)(Data Source Scheme)(Place Code)(Narrative)
Option C :4!c//2!a (Qualifier)(Country Code)
Option F :4!c//4!c/4!a2!a2!c[3!c] (Qualifier)(Place Code)(Identifier Code)

PRESENCE

Optional in mandatory subsequence B2

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

SAFE

N

 

B, C, or F

Place of Safekeeping

DEFINITION

This qualified generic field specifies:

SAFE

Place of Safekeeping

Location where the financial instruments are/will be safekept.

CODES

In option B, if Data Source Scheme is not present, Place Code must contain the following code:

SHHE

Shares Held Elsewhere

Used for certain financial instruments, for example, US mutual funds, where settlement is internal only, that is, there is no external movement of securities.

CODES

In option F, Place Code must contain one of the following codes:

CUST

Local Custodian

Financial instruments held at a local custodian.

ICSD

International Central Securities Depository

Financial instruments held at an International Central Securities Depository.

NCSD

National Central Securities Depository

Financial instruments held at a National Central Securities Depository.

SHHE

Shares Held Elsewhere

Used for certain financial instruments, for example, US mutual funds, where settlement is internal only, that is, there is no external movement of securities.

NETWORK VALIDATED RULES

Country Code must be a valid ISO country code.

Identifier Code must be a registered BIC.

Narrative (Format Option B) must not start or end with a slash '/' and must not contain two consecutive slashes '//'.