Skip to main content
Header logo

ISO 15022
Data Field Dictionary

MT586: (12) 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)

PRESENCE

Optional (referenced in rule C14) in mandatory sequence A

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

ACOW

N

C11

P, Q, or R

Account Owner

2

O

ALTE

N

C11

L

Alternate Identification

DEFINITION

This qualified generic field specifies:

ACOW

Account Owner

Party that owns the account.

ALTE

Alternate Identification

Alternate identification for a party.

NETWORK VALIDATED RULES

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.

loader icon