MT 574 (IRSLST) Field Specifications

25. Field 19A: Amount

FORMAT

Option A :4!c//[N]3!a15d (Qualifier) (Sign) (Currency Code) (Amount)

PRESENCE

Mandatory in an optional sequence

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 M GRSS N   A Gross Amount
2 M NETT N   A Net Cash Amount
3 M TAXR N   A Withholding Tax Amount
4 O WITF N   A Withholding of Foreign Tax Amount
5 O WITL N   A Withholding of Local Tax Amount

DEFINITION

This qualified generic field specifies:

GRSS Gross Amount Cash amount before deductions and allowances have been made.
NETT Net Cash Amount Cash amount after deductions and allowances have been made.
TAXR Withholding Tax Amount Cash amount withheld by a tax authority.
WITF Withholding of Foreign Tax Cash amount withheld by foreign tax authority with jurisdiction in the market where the issuer paid the income.
WITL Withholding of Local Tax Cash amount withheld by local tax authority with jurisdiction in the country where the beneficial owner resides.

NETWORK VALIDATED RULES

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 allowed for the specified currency (Error code(s): C03, T40, T43).

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

When Sign is present, Amount must not be zero (Error code(s): T14).

USAGE RULES

Sign must be present when Amount is negative.