12.2.5 MT416 (Advice of Non-Payment/Non-Acceptance)
MSG TYPE: NONPAY_NONACCP; Event PRNA & PRNP for Import Collection Bill – Sight &
Usance
Table 12-6 MT416
| Field | Description | M/O | FCC Y/N | Field Name in Oracle Banking Trade Finance | Remarks |
|---|---|---|---|---|---|
| 20 | Sender’s Reference | M | Y | User Reference Contract Reference Number Our Letter of Credit Reference | User Reference Number, if the flag at the branch parameter = “Y” (bctms_branch_parameters.u se_userref_in_msgs) else Contract_Ref_noOR our lc ref, If at the contract level the “use lc ref no.in msg “(tms_contract_master.USE_ LCREF_IN_MSG) is checked then our_lc_Ref is used |
| 21 | Related Reference | M | Y | Their Letter of Credit Reference Reference (Parties tab) | if use_lcref_in_msg = 'Y' then their_lc_ref Party Reference of Receiver.Their LC ref from contract main screen and party ref from parties tab or NONE |
| 23E | Advice Type | O | Y | Non Pay Message Date Non Acceptance Message Date | If payment date is not null then NPAY, if acceptance date is not null then NACC otherwise OTHR |
| 51A | Sending Institution | O | N | ||
| 53a | Sender’s Correspondent | O | N | ||
| 71F | Sender’s Charges | O | N | ||
| 77A | Reason for Non-Pay ment/Non -Acceptance | O | Y | Free Format Text where fft_code = REFPAYACC | FFT are populated where fft_code = REFPAYACC |
| Sequence B Non-Payment/Non-Acceptance Details-rep | |||||
| 21A | Related Sequence Reference | M | Y | Their Letter of Credit Reference Reference (Parties tab) | |
| 23E | Advice Type | O | Y | Non Pay Message Date Non Acceptance Message Date | |
| 21C | Principals Reference | O | N | ||
| 32a | Face Amount of Document(s) | M | Y | Maturity Date (for 32A) or Tenor Days (for 32 K) Bill Currency Bill Amount | 32B if maturity date is not given or else 32K with tenor days |
| 50D | Principal | O | Y | ||
| 59 | Drawee | O | N | ||
| 71F | Sender’s Charges | O | N | ||
| 77A | Reason for Non-Pay ment/Non -Acceptance | O | Y | Free Format Text where fft_code = REFPAYACC | FFT are populated where fft_code = REFPAYACC |
Parent topic: Details of SWIFT Messages for Bills and Collections