MT 581 Field Specifications

8. Field 34B: Outstanding Collateral Value

FORMAT

Option B

3!a15d

(Currency) (Amount)

PRESENCE

Optional

DEFINITION

This field is used to indicate the total collateral value after adjustment that would exist in the case of a claim, ie, field 23 contains the code CLAIM, or that exists in the case of an advice, ie, field 23 contains the code ADVICE.

NETWORK VALIDATED RULES

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

The integer part of Amount must contain at least one digit. A 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).