MT 700 Field Specifications

32. Field 48: Period for Presentation

FORMAT

4*35x (Narrative)

PRESENCE

Optional

DEFINITION

This field specifies the period of time after the date of shipment within which the documents must be presented for payment, acceptance or negotiation.

USAGE RULES

The period of time is expressed in number of days.

The absence of this field means that the presentation period is 21 days, where applicable.