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MT 760 Field Specifications

9. Field 22D: Form of Undertaking

FORMAT

Option D 4!c (Form)

PRESENCE

Mandatory in mandatory sequence B

DEFINITION

This field specifies the form of the independent and irrevocable undertaking.

CODES

Form must contain one of the following codes (Error code(s): T71):

DGAR Demand guarantee
STBY Standby letter of credit