MT542: (50) Field 20C: Reference

FORMAT

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

PRESENCE

Optional in optional sequence D

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

SECO

N

 

C

Second Leg Reference

2

O

REPO

N

 

C

Transaction Reference

DEFINITION

This qualified generic field specifies:

REPO

Transaction Reference

Reference common to all the collateral pieces (one or many).

SECO

Second Leg Reference

Reference of the second leg of the transaction.

NETWORK VALIDATED RULES

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