MT 107 Field Specifications

28. Field 71A: Details of Charges

FORMAT

Option A

3!a

(Code)

PRESENCE

Conditional (C2)

DEFINITION

This field specifies which party will bear the charges for the transaction in this particular occurrence of sequence B.

CODES

One of the following codes must be used (Error code(s): T08):

BEN	All transaction charges are to be borne by the debtor.
OUR	All transaction charges are to be borne by the creditor.
SHA	Transaction charges on the Sender's side are to be borne by the creditor, transaction charges on the Receiver's side are to be borne by the debtor. The Sender and the Receiver should be understood as the Sender and the Receiver of the MT 107.