MT507: (2) Field 20C: Reference

MT507: (2) Field 20C: Reference

FORMAT

Option C

:4!c//16x

(Qualifier)(Reference)

PRESENCE

Mandatory in mandatory sequence A

QUALIFIER

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	SEME	N		C	Sender's Message Reference
2	O	SCTR	N		C	Sender's Collateral Transaction Reference
3	O	RCTR	N	C1	C	Receiver's Collateral Transaction Reference

DEFINITION

This qualified generic field specifies:

RCTR	Receiver's Collateral Transaction Reference	Unique reference identifying the collateral management transaction from the Receiver's point of view.
SCTR	Sender's Collateral Transaction Reference	Unique reference identifying the collateral management transaction from the Sender's point of view.
SEME	Sender's Message Reference	Reference assigned by the Sender to unambiguously identify the message.

NETWORK VALIDATED RULES

Reference must not start or end with a slash '/' and not contain two consecutive slashes '//' .

USAGE RULES

For qualifiers SCTR and RCTR:

If both the Sender's and the Receiver's Collateral Transaction References are available, they both must be included.
The Collateral Transaction Reference can be a deal reference when the collateral management is done on a per deal basis.