SWIFT ISO 20022 - Message description - Party Status Advice (reda.016.001)

Scope

The PartyStatusAdvice message is sent by the executing party to the instructing party to provide details about the processing of a request on party reference data (create or update).

Usage

When processing information is negative - a failure occurred in applying the changes the message accordingly also delivers information about the reason why the creation or update could not be processed.

When processing is successfully performed, the message includes the related party identification.

PtyStsAdvc