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SWIFT ISO 15022 - Code STAN

Meaning

  • Standard: If the fraction is greater than or equal to 0.5 of the resulting security then round up, else round down as specified in the respective RDUP and RDDN codes.

Usages

Message type
Field number
Tag
MT564
(Corporate Action Notification)
36
22F (Indicator)
MT564
(Corporate Action Notification)
57
22F (Indicator)
MT564
(Corporate Action Notification)
82
22F (Indicator: Disposition of Fractions)
MT566
(Corporate Action Confirmation)
41
22a (Indicator)
MT566
(Corporate Action Confirmation)
63
22F (Indicator: Disposition of Fractions)