10.2.8 MT 598 Proprietary Message
This topic describes the MT 598 proprietary message format specifications.
This message type is used by financial institutions, with their own offices, and/or with other financial institutions with which they have established bilateral agreements. It is used as an envelope for a specified message included in it.
It allows for the definition of a unique format for which another message type is not available or applicable. It also allows financial institutions to use message types which are awaiting live implementation on the SWIFT system.
Maximum Length: 10000
Table 10-164 Format Specifications
Field Tag | Field Name | Format | Mandatory/Optional |
---|---|---|---|
20 | Transaction Reference Number | 16x | M |
12 | Sub-Message Type | 3!n | M |
77E | Proprietary Message | 120*78x | M |
Parent topic: CoSecurities Markets