MT518: (17) Field 19A: Amount: Settlement Amount
FORMAT
| Option A | :4!c//[N]3!a15d | (Qualifier)(Sign)(Currency Code)(Amount) |
PRESENCE
Optional in mandatory sequence B
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
SETT |
N |
C2 |
A |
Settlement Amount |
DEFINITION
This qualified generic field specifies:
SETT |
Settlement Amount |
Total amount of money to be paid or received in exchange for the financial instrument. |
NETWORK VALIDATED RULES
Currency Code must be a valid ISO 4217 currency code.
The integer part of Amount must contain at least one digit. A decimal comma is mandatory and is included in the maximum length. The number of digits following the comma must not exceed the maximum allowed for the specified currency.
If Amount is zero, Sign must not be present.
USAGE RULES
Sign is used when the Amount is credited while the practice or the transaction type would normally imply that the Amount should be debited (or vice versa).
