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SWIFT ISO 15022 - Code CLAC

Meaning

  • Counterparty Insufficient Securities: Insufficient deliverable financial instruments in counterparty's account or counterparty does not hold financial instruments.

Usages

Message type
Field number
Tag
MT537
(Statement of Pending Transactions)
19
24B (Reason)
MT537
(Statement of Pending Transactions)
65
24B (Reason)
MT548
(Settlement Status and Processing Advice)
12
24B (Reason)
MT549
(Request for Statement/Status Advice)
17
24B (Reason)