MT 360 Field Specifications

64. Field 32M: Currency, Payment Amount

FORMAT

Option M

3!a15d

(Currency) (Amount)

PRESENCE

Conditional (C12) in a conditional subsequence (C16 C17 )

DEFINITION

This field specifies the fixed interest payment currency and amount payable by party A.

For an ISDA Master (Type in field 77H is ISDA), this field specifies the fixed payment amount as per ISDA definitions.

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).

USAGE RULES

The amounts may only be present when the rate multiplied by period (based on the payment dates) and the period end date adjustment and day count fraction does not give the correct amount.