Option A:4!c//[N]15d(Qualifier) (Sign) (Rate)| Option A |
:4!c//[N]15d |
(Qualifier) (Sign) (Rate) |
Optional
(Error code(s): T89)
| Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
| 1 |
O |
CORA |
N |
|
A |
Commission Rate Applied |
| 2 |
O |
COWA |
N |
|
A |
Percentage Commission Waived |
| 3 |
O |
SWRT |
N |
|
A |
Switch Rate |
This qualified generic field specifies:
| CORA |
The commission rate applied after waiving, in percentage. |
| COWA |
The percentage commission waived. |
| SWRT |
Switch Rate (Funds Industry) |
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).
The integer part of Amount must contain at least one digit. A decimal comma is mandatory and is included in the maximum length (Error code(s): T40, T43).
When Sign is present, Rate must not be zero (Error code(s): T14).
Currency Code must be a valid ISO 4217 currency code (Error code(s): T52).
Sign must be present when Rate is negative.
SWRT (Switch Rate) is only to be used for "switch to" instructions (22F::BUSE//SWIT) and for 1 to n "switch to" scenarios (Funds Industry).
Except if notified differently in the rate definition, when used with format option A (:4!c//[N]15d), the rate should be expressed as a percentage, not as a decimal fraction (12% should be identified by 12, and not 0,12).
