MT 350 Field Specifications

27. Field 34B: Currency and Interest Amount 37L: Tax Rate

FORMAT

Option B 3!a15d (Currency) (Amount)
Option L 12d (Rate)

PRESENCE

Mandatory in an optional sequence

DEFINITION

This field specifies the interest amount to be settled.

This field specifies the tax percentage.

NETWORK VALIDATED RULES

Currency must be a valid ISO 4217 currency code (Error code(s): T52).

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 number allowed for the specified currency (Error code(s): C03, T40, T43).

The integer part of Rate must contain at least one digit. A decimal comma is mandatory and is included in the maximum length (Error code(s): T40, T43).