MT558: (19) Field 17B: Flag: Collateral Approved Flag

FORMAT

Option B :4!c//1!a (Qualifier)(Flag)

PRESENCE

Optional in mandatory sequence A

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

CAPP

N

 

B

Collateral Approved Flag

DEFINITION

This qualified generic field specifies:

CAPP

Collateral Approved Flag

Indicates whether the proposed collateral movements can be accepted.

CODES

Flag must contain one of the following codes:

N

No

The proposed collateral movements are not OK.

Y

Yes

The proposed collateral movements are OK.