Base Product (Collateral)

Field 2.80 | Matching Date: n/a | Tolerance: n/a | Agent Lender Data Provision: No>

Status: Best Practice Finalised, Last Updated: 26/04/2021

Field 2.80 | Matching Date: n/a | Tolerance: n/a | Agent Lender Data Provision: No

Description:
Base product as specified in the classification of commodities table.

Best Practice:
If Field 2.75 (Type Of Collateral Component) is populated with "COMM", at least one code pertaining to the classification of the base product shall be provided, of which there are 14 options (x4 alphabetical characters), otherwise leave blank. (SFTR-100)