MT537: (108) Field 92a: Rate
FORMAT
| Option A | :4!c//[N]15d | (Qualifier)(Sign)(Rate) |
| Option B | :4!c//3!a/3!a/15d | (Qualifier)(First Currency Code)(Second Currency Code)(Rate) |
PRESENCE
Optional in optional subsequence D1a1A
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
PDRA |
N |
|
A |
Penalty Discount Rate |
2 |
O |
EXCH |
R |
|
B |
Exchange Rate |
DEFINITION
This qualified generic field specifies:
EXCH |
Exchange Rate |
Exchange rate between the amount and the resulting amount. |
PDRA |
Penalty Discount Rate |
It is the discount rate of the relevant currency for the business date. |
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.
Currency Code must be a valid ISO 4217 currency code (Error code(s): T52).
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).
