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MT 765 Field Specifications

14. Field 57a: Account With Institution

FORMAT

Option A [/1!a][/34x]
4!a2!a2!c[3!c]
(Party Identifier)
(Identifier Code)
Option B [/1!a][/34x]
[35x]
(Party Identifier)
(Location)
Option D [/1!a][/34x]
4*35x
(Party Identifier)
(Name and Address)

PRESENCE

Optional

DEFINITION

This field specifies the financial institution at which the amount claimed is to be settled.

NETWORK VALIDATED RULES

Identifier Code must be a registered financial institution BIC (Error code(s): T27,T28,T29,T45).

Identifier Code must be a financial institution BIC. This error code applies to all types of BICs referenced in a FIN message including connected BICs, non-connected BICs, Masters, Synonyms, Live destinations, and Test & Training destinations (Error code(s): C05).

USAGE RULES

This field must be used if there is no direct account relationship between Sender and Receiver.