MT588: (50) Field 95a: Party

FORMAT

Option P :4!c//4!a2!a2!c[3!c] (Qualifier)(BIC/BEI)
Option Q :4!c//4*35x (Qualifier)(Name & Address)
Option R :4!c/8c/34x (Qualifier)(Data Source Scheme)(Proprietary Code)
Option S :4!c/[8c]/4!c/2!a/30x (Qualifier)(Data Source Scheme)(Type of ID)(Country Code)(Alternate ID)

PRESENCE

Mandatory in mandatory sequence D

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

BENE

N

 

P, Q, or R

Beneficiary

 

or

DEBA

N

 

P, Q, or R

Depositary Bank

 

or

DRCU

N

 

P, Q, or R

Depositary Bank's Custodian

 

or

DRDE

N

 

P, Q, or R

Depositary Receipt Deliverer

 

or

DRRE

N

 

P, Q, or R

Depositary Receipt Receiver

 

or

INST

N

 

P, Q, or R

Instructing Party

 

or

ORCU

N

 

P, Q, or R

Ordinary's Custodian

 

or

ORDE

N

 

P, Q, or R

Ordinary's Deliverer

 

or

ORRE

N

 

P, Q, or R

Ordinary's Receiver

2

O

ALTE

R

 

S

Alternate ID

DEFINITION

This qualified generic field specifies:

ALTE

Alternate ID

Alternate identification for a party.

BENE

Beneficiary

Party that identifies the beneficiary.

DEBA

Depositary Bank

Party that identifies the depositary bank.

DRCU

Depositary Bank's Custodian

Party identifying the depositary bank's custodian.

DRDE

Depositary Receipt Deliverer

Party identifying the depositary receipt deliverer.

DRRE

Depositary Receipt Receiver

Party identifying the depositary receipt receiver.

INST

Instructing Party

Party that identifies the instructing party.

ORCU

Ordinary's Custodian

Party that identifies the ordinary's custodian.

ORDE

Ordinary's Deliverer

Party that identifies the ordinary's deliverer.

ORRE

Ordinary's Receiver

Party that identifies the ordinary's receiver.

In option P, BIC specifies the Bank Identifier Code. BEI specifies the Business Entity Identifier.

In option R, Proprietary Code specifies a local national code or market segment code identifying the party.

In option S:

CODES

In option S, if Data Source Scheme is not present, Type of ID must contain one of the following codes :

ARNU

Alien Registration Number

Number assigned by a government agency to identify foreign nationals.

CCPT

Passport Number

Number assigned by a passport authority.

CORP

Corporate Identification

Number assigned to a corporate entity.

DRLC

Driver's License Number

Number assigned to a driver's license.

FIIN

Foreign Investment Identity Number

Number assigned to a foreign investor (other than the alien number).

TXID

Tax Identification Number

Number assigned by a tax authority to an entity.

NETWORK VALIDATED RULES

Country Code must be a valid ISO country code .

The BIC/BEI must be a SWIFT registered address, either connected or non-connected .

Proprietary code (Format Option R), Alternate ID (Format Option S) and Name & Address (Format Option Q) must not start or end with a slash '/' and not contain two consecutive slashes '//'. For field formats with more than 1 line, the rule applies for each line .