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ISO 15022
Data Field Dictionary

MT548: (103) Field 95a: Party

FORMAT

Option C :4!c//2!a (Qualifier)(Country Code)
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)

PRESENCE

Optional in optional sequence D

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

MEOR

N

C11

P, Q, or R

Originator of Message

2

O

MERE

N

C11

P, Q, or R

Recipient of Message

3

O

INVE

N

 

C, P, Q, or R

Investor

4

O

QFIN

N

 

P, Q, or R

Qualified Foreign Intermediary

5

O

ALTE

N

C11

L

Alternate Identification

DEFINITION

This qualified generic field specifies:

ALTE

Alternate Identification

Alternate identification for a party.

INVE

Investor

Instructing party, either an individual or organisation, whose assets are being invested.

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.

QFIN

Qualified Foreign Intermediary

Foreign financial institution that has been authorized by local authorities to act as account management institution in the country.

NETWORK VALIDATED RULES

Country Code must be a valid ISO country code.

Identifier Code must be a registered BIC.

Proprietary code (Format Option R) 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.

The qualifier INVE is to be used only when the investor cannot be a trade counterparty for legal reasons, for example, in Japan where the trust bank arranges the deal with the broker.

When INVE is used with option C, the country code specifies the nationality of the investor, for the settlement of certain securities (that is airlines, defence manufacturers) under the EU legislation.