MT507: (24) Field 25D: Status: Collateral Status

FORMAT

Option D :4!c/[8c]/4!c (Qualifier)(Data Source Scheme)(Status Code)

PRESENCE

Mandatory in conditional (see rule C2) sequence B

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

COLL

N

 

D

Collateral Status

DEFINITION

This qualified generic field specifies:

COLL

Collateral Status

Provides the status of the collateral.

CODES

If Data Source Scheme is not present, Status Code must contain one of the following codes :

ACCT

Accepted

Collateral specified is accepted.

REJT

Rejected

Collateral specified is rejected.