MT514: (16) Field 92A: Rate
FORMAT
Option A | :4!c//[N]15d | (Qualifier)(Sign)(Rate) |
PRESENCE
Optional in mandatory sequence B
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
---|---|---|---|---|---|---|
1 |
O |
CORA |
N |
|
A |
Commission Rate Applied |
2 |
O |
COWA |
N |
|
A |
Percentage Commission Waived |
DEFINITION
This qualified generic field specifies:
CORA |
Commission Rate Applied |
Commission rate applied after waiving. |
COWA |
Percentage Commission Waived |
Percentage of the commission that is waived. |
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 be present when Rate is negative.
Except if notified differently in the rate definition, when used with format option A (:4!c//[N]15d), the rate must be expressed as a percentage, not as a decimal fraction (12% must be identified by 12, and not 0,12).