SWIFT ISO 15022 - Code BYIY

Meanings

Buy-in Procedure: A buy-in procedure has started on the market (on your behalf if your instruction is a receipt, by the counterparty if your instruction is a delivery).
Buy In: The transaction relates to a buy-in by the market following a delivery transaction failure.

Usages

Message type

Field number

Tag

MT536
(Statement of Transactions)

38

22a (Indicator)

MT537
(Statement of Pending Transactions)

19

24B (Reason)

MT537
(Statement of Pending Transactions)

65

24B (Reason)

MT545
(Receive Against Payment Confirmation)

61

22F (Indicator)

MT548
(Settlement Status and Processing Advice)

12

24B (Reason)

MT549
(Request for Statement/Status Advice)

17

24B (Reason)