Need clarification in Swift MT756 field 53A/B/D

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rathinam.selva
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Joined: 07/28/2011
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Hi All,

 

Can anyone explain about the Following Field Specification, I have read it from Swift User Hand Book, But not able to understand the Structure of this!

Field 53 in MT756 

Option A             [/1!a][/34x]     (Party Identifier)

                          4!a2!a2!c[3!c]  (BIC)

Option B            [/1!a][/34x]    (Party Identifier)

                         [35x]              (Location)
Option D            [/1!a][/34x]   (Party Identifier)

                         4*35x             (Name & Address)

 

Can anyone explain about the structure ?

what is mean by [ ] and /1 and !a ?

 

aslan
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Joined: 09/06/2013
BG/SBLC

Dear Sir/Ma,

I can deliver leased instruments to Organisations or individuals with their preferred text verbiage as been approved by their bankers. We also proffer sales option to interested buyers. Our terms and procedures are so flexible and workable by RWA clients. Our lease rate is (6+2)%+x%. X% IS Lessee broker's Commission and he determines his commission.  Also we have facilities to discount BG and Put you into PPP Trading.

Contact me through this email: [email protected]

Regards,
ASLAN

Abrar
Offline
Joined: 03/12/2009
SWIFT

Option A requires you to insert a BIC (SWIFT Code)

Option B requires you to insert a location

Option D requires you to insert full name and address

 From another source:

"a"  : alphabetic, capital letters (A through Z), upper case only

 "c": alpha-numeric capital letters (upper case), and digits only

 "n" :  digits (0 through 9) only

 "x" : SWIFT X set:

 • A to Z

• a to z

• 0 to 9

•  / - ? : ( ) . , ’ + SPACE CrLf

"!": fixed length

"d" ; decimals, including decimal comma ',' preceding the fractional part. The fractional part may be missing, but the decimal comma must always be present

 "l": or 

"*": number of lines

You will then need to apply the codes to message types, e.g " 4!a2!a2!c[3!c] " means a fixed length of 4 alphabetic capital letters (e.g "SCBL") followed by a fixed length of 2 alphabetic capital letters (e.g. "GB"), followed by a fixed length of 2 alphanumeric capital letters and number (e.g. "2L" ), followed by an option fixed length of 3 alphanumeric capital letters and number (e.g. "3XW").

The first 8 alphanumeric characters are mandatory for a message to be validly sent and the last three optional alphanumeric characters in the square brackets to identify the specific sub-branch etc are optional (incidentally, the "3XW" is a made up suffix in this case).

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