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MT 707 Field Specifications

38. Field 49N: Special Payment Conditions for Receiving Bank

FORMAT

Option N 100*65z (Narrative Structured Text)

The following line formats must be used:

Line 1 /6c/[additional information] (Code)(Narrative)
Lines 2-100 [/6c/[additional information]]
or
[continuation of additional information]
(Code)(Narrative)
or
(Narrative)

PRESENCE

Conditional (see rule C1)

DEFINITION

This field specifies special payment conditions, if changed, applicable to the receiving bank without disclosure to the beneficiary, for example, post-financing request/conditions for receiving bank only.

CODES

One or more of the following codes must be used in Code (Error code(s): T67):

ADD Add Must be followed by the text to be added (a sentence, paragraph or line item)
DELETE Delete Must be followed by the text to be deleted (a sentence, paragraph or line item)
REPALL Replace all Must be followed by the text that replaces all text in same field. No other code may be used.

USAGE RULES

The presence of this field implies that description of special payment conditions is amended.

Each code used must be between slashes and appear at the beginning of a line. It may be followed by additional narrative text.

Narrative text relating to a preceding code, which is continued on the next line(s), must not start with a slash '/' on a new line.