MT 405 Field Specifications

46. Field 32a: Proceeds to be Remitted

FORMAT

Option C	6!n3!a15d	(Date) (Currency) (Amount)
Option G	3!a15d	(Currency) (Amount)

PRESENCE

Mandatory in an optional subsequence

DEFINITION

This field specifies the currency code and amount of the individual transaction in this occurrence of sequence B to be remitted. It may also include the settlement date.

NETWORK VALIDATED RULES

In option C, Date must be a valid date expressed as YYMMDD (Error code(s): T50).

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

The integer part of Amount must contain at least one digit. The 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 that specific currency as specified in ISO 4217 (Error code(s): C03, T40, T43).

USAGE RULES

Option C must be used to specify the date on which the amount of the individual transaction to be remitted should be settled. This date is followed by the currency code and the amount of the individual transaction.

Option G must be used when only the currency code and the amount of the individual transaction to be remitted should be specified.

If charges and/or interest are settled at the same time, the amount to be remitted may also include the total charges and/or interest, if appropriate.