MT 416 Field Specifications

11. Field 32a: Face Amount of Financial Document(s)

FORMAT

Option A	6!n3!a15d	(Date) (Currency) (Amount)
Option B	3!a15d	(Currency) (Amount)
Option K	1!a3!n2!a3!a15d	(Day/Month) (# of Days/Months) (Code) (Currency) (Amount)

PRESENCE

Mandatory

DEFINITION

This field specifies the maturity date of the individual document(s) which failed to be collected from the drawee. This field should therefore not include any charges.

Option A must be used when the maturity is at a fixed date.

Option B must be used to indicate only the currency code and amount.

Option K must be used when the maturity date is expressed as a period of time, with additional information needed to calculate the maturity date.

CODES

In option K, Day/Month must contain one of the following codes, followed by the actual number of days or months (Error code(s): T61):

D	Number of Days
M	Number of Months

CODES

Code must consist of one of the following codes, to calculate the maturity date (Error code(s): T20):

BE	After the date of the bill of exchange
ST	After site

NETWORK VALIDATED RULES

In option A, 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).

Currency must be the same for all occurrences of field 71F and 32a in the message (Error code(s): C02).

USAGE RULES

For financial documents payable 'at sight', option K must be used with the number of days or months being zero, ie, D000ST.

In option K, the codes 'BE' and 'ST' should be used according to the following table:

Financial Document	Code words allowed
Bill of Exchange	BE, ST
Promissory Note	BE, ST
Receipt	ST