MT527: (32) Field 20C: Reference: Client's Securities Movement Reference

FORMAT

Option C :4!c//16x (Qualifier)(Reference)

PRESENCE

Optional in optional sequence C

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

CSMV

N

 

C

Client's Securities Movement Reference

DEFINITION

This qualified generic field specifies:

CSMV

Client's Securities Movement Reference

Reference assigned by the party A to the financial instrument movement.

NETWORK VALIDATED RULES

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

USAGE RULES

If settlement is not via the agent, Client's Securities Movement Reference must be NONREF.