Description
The SettlParties component block is used in a similar manner as <Parties> Block within the context of settlement instruction messages to distinguish between parties involved in the settlement and parties who are expected to execute the settlement process.
Structure
| Tag | Field Name | Req'd | Comments | |
|---|---|---|---|---|
| 781 | NoSettlPartyIDs | N | Repeating group below should contain unique combinations of SettlPartyID, SettlPartyIDSource, and SettlPartyRole | |
| → | 782 | SettlPartyID | N | Used to identify source of SettlPartyID. Required if SettlPartyIDSource is specified. Required if NoSettlPartyIDs > 0. |
| → | 783 | SettlPartyIDSource | N | Used to identify class source of SettlPartyID value (e.g. BIC). Required if SettlPartyID is specified. Required if NoSettlPartyIDs > 0. |
| → | 784 | SettlPartyRole | N | Identifies the type of SettlPartyID (e.g. Executing Broker). Required if NoSettlPartyIDs > 0. |
| → | 2389 | SettlPartyRoleQualifier | N | |
| → | Component Block - <SettlPtysSubGrp> | N | Repeating group of SettlParty sub-identifiers. | |