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Sub- product (Collateral)

Sub- product (Collateral)

Field 2.81 | Matching Date: n/a | Tolerance: n/a | Agent Lender Data Provision: No>

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

Field 2.81 | Matching Date: n/a | Tolerance: n/a | Agent Lender Data Provision: No

Description:
The sub-product as specified in the classification of commodities table.

Best Practice:
If Field 2.80 (Base Product) is populated with either "AGRI", "NRGY", "ENVR", "FRGT", "FRTL", "INDP", "METL", "PAPR" or "POLY", at least one code pertaining to the classification of the sub-product shall be provided, of which there are 39 options (x4 alphabetical characters), otherwise leave blank. (SFTR-101)

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