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.
Tag | Name | Type | Required | Description |
---|---|---|---|---|
781 | NumInGroup | Number of SettlPartyID (782), SettlPartyIDSource (783), and SettlPartyRole (784) entries | ||
782 | String | Used to identify source of SettlPartyID. Required if SettlPartyIDSource is specified. Required if NoSettlPartyIDs > 0 | ||
783 | Char Enum | Used to identify class source of SettlPartyID value (e.g. BIC). Required if SettlPartyID is specified. Required if NoSettlPartyIDs > 0 | ||
784 | Int Enum | The type of SettlPartyID (e.g. Executing Broker). Required if NoSettlPartyIDs > 0 | ||
Component | Repeating group of SettlParty sub-identifiers |