Field 26T

Option T                   3!c           (Type)

Definition

This field identifies the nature of, purpose of, and/or reason for the individual transaction, for example, salaries, pensions, dividends.

Usage rules

The information given is intended both for regulatory and statutory requirements and/or to provide information to the beneficiary customer on the nature of the transaction.
Codes from the EUROSTAT list "Code List for Balance of Payments Collection Systems" may be used in this field.

Example

:26T:K90