MT 769 Field Specifications

6. Field 33B: Amount Reduced or Released

FORMAT

Option B

3!a15d

(Currency) (Amount)

PRESENCE

Conditional (C2)

DEFINITION

This field specifies the currency code and amount for which the bank which has issued or requested the issuance of the guarantee is released of all its liability under the specified guarantee.

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. The decimal comma ',' is mandatory and is included in the maximum length. The number of digits following the comma must not exceed the maximum number allowed for the specified currency (Error code(s): C03, T40, T43).

Currency in fields 33B and 34B must be the same (Error code(s): C02).

USAGE RULES

Where the amount of the guarantee and, consequently, the amount released, cannot be expressed in terms of a specific amount, field 39C must be used instead of field 33B.