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SettlParties

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.

TagNameTypeRequiredDescription
781NumInGroup
Required
Number of SettlPartyID (782), SettlPartyIDSource (783), and SettlPartyRole (784) entries
782StringUsed to identify source of SettlPartyID. Required if SettlPartyIDSource is specified. Required if NoSettlPartyIDs > 0
783Char EnumUsed to identify class source of SettlPartyID value (e.g. BIC). Required if SettlPartyID is specified. Required if NoSettlPartyIDs > 0
784Int EnumThe type of SettlPartyID (e.g. Executing Broker). Required if NoSettlPartyIDs > 0
ComponentRepeating group of SettlParty sub-identifiers