MT321: (16) Field 92A: Rate: Interest Rate
FORMAT
Option A | :4!c//[N]15d | (Qualifier)(Sign)(Rate) |
PRESENCE
Mandatory in mandatory sequence B
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
---|---|---|---|---|---|---|
1 |
M |
INTR |
N |
|
A |
Interest Rate |
DEFINITION
This qualified generic field specifies:
INTR |
Interest Rate |
Specifies the interest rate. |
NETWORK VALIDATED RULES
The integer part of Rate must contain at least one digit. A decimal comma is mandatory and is included in the maximum length.
If Rate is zero, Sign must not be present.
USAGE RULES
Sign must only be used when Rate is negative.