MT 720 Field Specifications

29. Field 45A: Description of Goods and/or Services

FORMAT

Option A

100*65x

(Narrative)

PRESENCE

Optional

DEFINITION

This field contains a description of the goods and/or services.

USAGE RULES

Terms such as FOB, CIF, etc. should be specified in this field.

To cater for lengthy documentary credits, up to three MT 721s may be sent in addition to an MT 720. However, field 45a may appear in only one message, ie, either in the MT 720 or in one MT 721.

This means that in any documentary credit, there is a limit of 100 lines of 65 characters to specify the description of goods and/or services.

Some examples of valid combinations:

• MT 720 contains field 45A, 46A, and 47A.

• MT 720 contains field 45A; the subsequent MT 721 contains fields 46B and 47B.

• MT 720 contains field 46A; the subsequent MT 721 contains fields 45B and 47B.

• MT 720 contains field 46A; the first MT 721 contains field 45B; the second MT 721 contains field 47B.

• MT 720 does not contain fields 45A, 46A or 47A; the first MT 721 contains field 45B; the second MT 721 contains field 46B; the third MT 721 contains field 47B.

Some examples of invalid combinations:

• MT 720 contains field 45A; the first MT 721 contains fields 45B and 46B; the second MT 721 contains field 47B (INVALID because there are two fields 45a).

• MT 720 contains field 45A; the first MT 721 contains field 45B; the second MT 721 contains fields 45B, 46B and 47B (INVALID because there are three fields 45a).

The specification of each new item should begin on a new line, preceded by the sign '+'.