MT530: (10) Field 22F: Indicator

FORMAT

Option F :4!c/[8c]/4!c (Qualifier)(Data Source Scheme)(Indicator)

PRESENCE

Mandatory in mandatory sequence B

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

BORR

N

C2

F

Automatic Borrowing Indicator

2

O

CONP

N

C2

F

Retain Indicator

3

O

LINK

N

C2

F

Linking Indicator

4

O

PRIR

N

C2

F

Priority Indicator

5

O

PROC

R

C2

F

Processing Indicator

6

O

PRTL

N

C2

F

Partial Settlement Indicator

7

O

RTGS

N

C2

F

Securities Real-Time Gross Settlement Indicator

8

O

SETT

N

C2

F

Settlement Process Indicator

DEFINITION

This qualified generic field specifies:

BORR

Automatic Borrowing Indicator

Specifies whether automatic borrowing needs to take place to achieve settlement.

CONP

Retain Indicator

Specifies whether a failed instruction due to expire should be retained.

LINK

Linking Indicator

Specifies what linkage action needs to be performed.

PRIR

Priority Indicator

Specifies the execution priority of the instruction.

PROC

Processing Indicator

Specifies another processing change.

PRTL

Partial Settlement Indicator

Specifies whether partial settlement is allowed.

RTGS

Securities Real-Time Gross Settlement Indicator

Specifies whether settlement is to be executed through an RTGS system.

SETT

Settlement Process Indicator

Specifies whether instruction is to be presented for settlement.

CODES

If Qualifier is BORR and Data Source Scheme is not present, Indicator must contain one of the following codes :

LAMI

Last Resort Borrowing

Only last resort borrowing should be considered to make settlement occur.

NBOR

No Automatic Borrowing

No automatic borrowing should take place.

RTRN

Return

Return of stocks should take place.

YBOR

Automatic Borrowing

Automatic borrowing should take place to effect settlement in case of insufficient securities.

CODES

If Qualifier is CONP and Data Source Scheme is not present, Indicator must contain one of the following codes :

YCON

Confirmed

The failing instruction due to expire is confirmed for settlement. Do not cancel automatically.

CODES

If Qualifier is LINK and Data Source Scheme is not present, Indicator must contain one of the following codes :

LINK

Link

Request is to link the reference in B1 to the reference(s) in B1a.

UNLK

Unlink

Request is to unlink the reference in B1 to the reference(s) in B1a.

SOFT

Soft Link

Request is to soft link the reference in B1 to the reference(s) in B1a.

CODES

If Qualifier is PRIR and Data Source Scheme is not present, Indicator must contain a numerical value in the range 0001 - 9999 where 0001 refers to the highest priority .

CODES

If Qualifier is PROC, Data Source Scheme must be present and indicator must contain a proprietary processing indicator to perform an action different than the standardised action available in this message.

CODES

If Qualifier is PRTL and Data Source Scheme is not present, Indicator must contain one of the following codes .

NPAR

No Partial Settlement Allowed

Partial settlement is not allowed.

PART

Partial Settlement

Partial settlement is allowed.

CODES

If Qualifier is RTGS and Data Source Scheme is not present, Indicator must contain one of the following codes :

NRTG

Non-RTGS

Settle through the non-RTGS system. If there is a standing instruction in place for settlement through the RTGS instruction, then this standing instruction is to be ignored.

YRTG

RTGS

Settle through the RTGS system. If there is a standing instruction in place for settlement through the non-RTGS system, then this standing instruction is to be ignored.

CODES

If Qualifier is SETT and Data Source Scheme is not present, Indicator must contain one of the following codes :

YPRE

Presented

The instruction is to be presented for settlement.

NPRE

Not Presented

The instruction is NOT to be presented for settlement.

USAGE RULES

Usage of the processing change indicators defined in this field must be pre-agreed between the sender and receiver. All processing change indicators do not apply to all account servicers.