MT 360 Field Specifications

105. Field 22E: Type of Payment

FORMAT

Option E

4!c

PRESENCE

Mandatory in a conditional sequence (C10)

DEFINITION

This field specifies the type of payment.

CODES

One of the following codes or a bilaterally agreed code must be used:

FEES	The settlement of a fee.
PRMP	The premium payment in the case of a cap, floor or collar.