MT 514 Field Specifications

16. Field 92A: Rate

FORMAT

Option A

:4!c//[N]15d

(Qualifier) (Sign) (Rate)

PRESENCE

Optional

QUALIFIER

(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

DEFINITION

This qualified generic field specifies:

CORA	The commission rate applied after waiving, in percentage.
COWA	The percentage commission waived.

NETWORK VALIDATED RULES

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).

USAGE RULES

Sign must be present when Rate is negative.

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).