MT568: (14) Field 97a: Account: Safekeeping Account

FORMAT

Option A :4!c//35x (Qualifier)(Account Number)
Option C :4!c//4!c (Qualifier)(Account Code)

PRESENCE

Mandatory in optional sequence B

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

SAFE

N

 

A or C

Safekeeping Account

DEFINITION

This qualified generic field specifies:

SAFE

Safekeeping Account

Account where financial instruments are maintained.

CODES

In option C, Account Code must contain the following code :

GENR

General

Announcement applies to all safekeeping accounts that own underlying security. (Used for general or preliminary announcements.)