MT564: (58) Field 17B: Flag

FORMAT

Option B :4!c//1!a (Qualifier)(Flag)

PRESENCE

Mandatory in optional sequence E

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

DFLT

N

 

B

Default Processing Flag

 

or

STIN

N

 

B

Standing Instruction Flag

2

O

RCHG

N

 

B

Redemption Charges Flag

3

O

CERT

N

 

B

Certification Flag

4

O

WTHD

N

 

B

Withdrawal Allowed Flag

5

O

CHAN

N

 

B

Change Allowed Flag

DEFINITION

This qualified generic field specifies:

CERT

Certification Flag

Indicates whether certification is required from the account owner.

CHAN

Change Allowed Flag

Indicates whether change of instruction is allowed.

DFLT

Default Processing Flag

Indicates whether the option, eg, currency option, will be selected by default if no instruction is provided by the account owner.

RCHG

Redemption Charges Flag

Indicates whether redemption charges apply.

STIN

Standing Instruction Flag

Indicates whether an account owner has placed a standing order to select this corporate action option.

WTHD

Withdrawal Allowed Flag

Indicates whether withdrawal of instruction is allowed.

CODES

Flag must contain one of the following codes :

N

No

No.

Y

Yes

Yes.

If qualifiers CHAN or WTHD are used, then field :69a::REVO must be used in sequence E to indicate the period during which the change or withdrawal of instruction is allowed.