Usage in MT201
This field contains a reference to the related transaction
If the Sender is not the originator of the transaction and no related reference is received, the code NONREF must be used in this field
Network validated rules
This field must not start or end with a slash '/' and must not contain two consecutive slashes '//' (Error code(s): T26).
This field will contain a reference to the related transaction which is meaningful to the beneficiary institution, for example, the common reference in an MT 300 Foreign Exchange Confirmation, field 21 of an MT 202 General Financial Institution Transfer , an MT 205 Financial Institution Transfer Execution or an MT 400 Advice of Payment.