SWIFT ISO 15022 - Code PROF
Meaning
-
Professional Client: MiFID classification of counterparty. Professional customers are, for example, investment firms, credit institutions, insurance companies.
Usages
Message type
Field number
Tag
MT502
(Order to Buy or Sell)
28
22F (Indicator)
MT509
(Trade Status Message)
29
22F (Indicator)
MT513
(Client Advice Of Execution)
43
22F (Indicator)
MT515
(Client Confirmation of Purchase or Sale)
34
22F (Indicator)
MT518
(Market-Side Securities Trade Confirmation)
26
22F (Indicator)
MT541
(Receive Against Payment)
33
22F (Indicator)
MT543
(Deliver Against Payment)
33
22F (Indicator)
MT544
(Receive Free Confirmation)
32
22F (Indicator)
MT545
(Receive Against Payment Confirmation)
32
22F (Indicator)
MT546
(Deliver Free Confirmation)
32
22F (Indicator)
MT547
(Deliver Against Payment Confirmation)
32
22F (Indicator)
