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SWIFT ISO 15022 - Code RECO

Meanings

  • Reconciliation Only: Settlement instruction is already on the market. Sent by an account owner to an account servicer or vice versa for reconciliation purposes.
  • Re-confirmation: Individual SSI is re-confirmed.

Usages

Message type
Field number
Tag
MT540
(Receive Free)
3
23G (Function of the Message)
MT541
(Receive Against Payment)
3
23G (Function of the Message)
MT542
(Deliver Free)
3
23G (Function of the Message)
MT543
(Deliver Against Payment)
3
23G (Function of the Message)
MT670
(Standing Settlement Instruction Update Notification Request)
17
22H (Indicator: SSI Purpose)
MT671
(Standing Settlement Instruction Update Notification)
12
22H (Indicator: SSI Purpose)