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reda: Reference Data

reda.014 Party Creation Request

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reda.014 is the ISO 20022 PartyCreationRequest message in the Reference Data business area (reda). The latest version is reda.014.001.02, and 2 versions are in the repository.

Message
PartyCreationRequest
Latest version
reda.014.001.02
Submitting organisation
4CBs and Swift
MT equivalent
None listed

In use: published in the current ISO 20022 catalogue.

What reda.014 is for

The PartyCreationRequest message is sent by an instructing party to the executing party to request for the creation of party reference data for a new party in the executing system.

It aims at instructing the creation of a new party with corresponding details.

Processing and confirmation of the party creation request are provided via a party status advice.

Definition from the ISO 20022 e-Repository, release of 24 April 2025.

reda.014 versions

Every version published in the e-Repository, newest first. A message keeps its business purpose across versions; each new version is a separate schema with its own namespace.

VersionRegistration statusPublished in
reda.014.001.02latestRegisteredLatest version set
reda.014.001.01RegisteredPrevious version set

reda.014 message structure

The building blocks of reda.014.001.02 to three levels, with multiplicity ([0..1] optional, [1..1] mandatory, * any number) and the data type or component. Element names and definitions are from the ISO 20022 repository; usage guidelines such as CBPR+ or a market infrastructure's rules can restrict them further.

  • Document [1..1]
    • PtyCreReq PartyCreationRequest [1..1]
      • MsgHdr Message Header [0..1]MessageHeader1

        Common business identification for the message.

        • MsgId Message Identification [1..1]Max35Text

          Point to point reference, as assigned by the sender, to unambiguously identify the message.

        • CreDtTm Creation Date Time [0..1]ISODateTime

          Date and time at which the message was created.

      • Pty Party [1..1]SystemParty7

        Specifies the details of the party to be created in the system.

        • PtyId Party Identification [1..1]SystemPartyIdentification9

          Unique identification of the party within the system.

          • Id Identification [1..1]PartyIdentification136
          • RspnsblPtyId Responsible Party Identification [0..1]PartyIdentification136
          • VldFr Valid From [0..1]ISODate
        • Adr Address [0..*]PostalAddress28

          Information that locates and identifies a specific address.

          • AdrTp Address Type [0..1]AddressType3Choice (choice)
          • CareOf Care Of [0..1]Max140Text
          • Dept Department [0..1]Max70Text
          • SubDept Sub Department [0..1]Max70Text
          • StrtNm Street Name [0..1]Max140Text
          • BldgNb Building Number [0..1]Max16Text
          • BldgNm Building Name [0..1]Max140Text
          • Flr Floor [0..1]Max70Text
          • UnitNb Unit Number [0..1]Max16Text
          • PstBx Post Box [0..1]Max16Text
          • Room Room [0..1]Max70Text
          • PstCd Post Code [0..1]Max16Text
          • TwnNm Town Name [0..1]Max140Text
          • TwnLctnNm Town Location Name [0..1]Max140Text
          • DstrctNm District Name [0..1]Max140Text
          • CtrySubDvsn Country Sub Division [0..1]Max35Text
          • Ctry Country [0..1]CountryCode
          • AdrLine Address Line [0..7]Max70Text
          • VldFr Valid From [0..1]ISODate
        • CtctDtls Contact Details [0..*]Contact14

          Specifies the options on how to contact the party.

          • NmPrfx Name Prefix [0..1]NamePrefix2Code
          • Nm Name [0..1]Max140Text
          • PhneNb Phone Number [0..1]PhoneNumber
          • MobNb Mobile Number [0..1]PhoneNumber
          • FaxNb Fax Number [0..1]PhoneNumber
          • URLAdr URL Address [0..1]Max2048Text
          • EmailAdr Email Address [0..1]Max256Text
          • EmailPurp Email Purpose [0..1]Max35Text
          • JobTitl Job Title [0..1]Max35Text
          • Rspnsblty Responsibility [0..1]Max35Text
          • Dept Department [0..1]Max70Text
          • Othr Other [0..*]OtherContact1
          • PrefrdMtd Preferred Method [0..1]PreferredContactMethod2Code
          • VldFr Valid From [0..1]ISODate
          • VldTo Valid To [0..1]ISODate
        • OpngDt Opening Date [0..1]ISODate

          Specifies the opening date of the party.

        • ClsgDt Closing Date [0..1]ISODate

          Specifies the closing date of the party.

        • Tp Type [1..1]SystemPartyType1Choice (choice)

          Specifies the type classification of the party.

          • Cd Code [1..1]ExternalSystemPartyType1Code
          • Prtry Proprietary [1..1]Max35Text
        • TechAdr Technical Address [0..*]TechnicalIdentification2Choice (choice)

          Unique technical address to unambiguously identify a party for receiving messages from the executing system.

          • BICFI BICFI [1..1]BICFIDec2014Identifier
          • TechAdr Technical Address [1..1]Max256Text
        • MktSpcfcAttr Market Specific Attribute [0..*]MarketSpecificAttribute1

          Additional attributes defined by a central security depositary for a party.

          • Nm Name [1..1]Max35Text
          • Val Value [1..1]Max350Text
        • Nm Name [0..1]PartyName4

          Name by which a party is known and which is usually used to identify that party.

          • VldFr Valid From [0..1]ISODate
          • Nm Name [1..1]Max350Text
          • ShrtNm Short Name [0..1]Max35Text
        • ResTp Residence Type [0..1]ResidenceType1Code

          Specifies the type of residence where the party has its permanent home or principal establishment.

        • LckSts Lock Status [0..1]PartyLockStatus1

          Specifies whether the party is locked or not, and the reason for this status, when required.

          • VldFr Valid From [0..1]ISODate
          • Sts Status [1..1]LockStatus1Code
          • LckRsn Lock Reason [0..*]Max35Text
        • Rstrctn Restriction [0..*]SystemRestriction1

          Defines the specific processing characteristics for a party to ensure configurability of specific requirements, as prescribed by national legal and...

          • VldFr Valid From [1..1]ISODateTime
          • VldTo Valid To [0..1]ISODateTime
          • Tp Type [1..1]Max35Text
      • SplmtryData Supplementary Data [0..*]SupplementaryData1

        Additional information that cannot be captured in the structured elements and/or any other specific block.

        • PlcAndNm Place And Name [0..1]Max350Text

          Unambiguous reference to the location where the supplementary data must be inserted in the message instance.

        • Envlp Envelope [1..1]SupplementaryDataEnvelope1

          Technical element wrapping the supplementary data.

Have a reda.014 message? Paste it into the parser to see every element with its name and definition, and format checks on BICs, IBANs, dates and amounts.

External code sets used in reda.014

These elements take their values from ISO 20022 external code sets, which are published separately and updated every quarter without a new message version.

reda.014 questions

What is the latest version of reda.014?
The latest version in the ISO 20022 e-Repository release of 24 April 2025 is reda.014.001.02.
What is the root element of reda.014?
The XML document is Document with the namespace urn:iso:std:iso:20022:tech:xsd:reda.014.001.02, and its message element is PtyCreReq (PartyCreationRequest).
Is there an MT equivalent of reda.014?
No Swift MT message is listed as its direct equivalent on this site. Many ISO 20022 messages have no MT counterpart.

All ISO 20022 messages · ISO 20022 code sets · MT messages

The ISO 20022 message definitions, element names and definitions on this page are reproduced from material published at iso20022.org under the ISO 20022 Intellectual Property Rights policy. This is not the official source: the up-to-date ISO 20022 standards and repository material are published only at iso20022.org. Explanations in our own words are by ZagTrader. ZagTrader is not affiliated with or endorsed by ISO or Swift.