MT 942 Field Specifications

5. Field 34F: Floor Limit Indicator (First Occurrence)

FORMAT

Option F

3!a[1!a]15d

(Currency) (D/C Mark) (Amount)

PRESENCE

Mandatory

DEFINITION

This field specifies the minimum value (transaction amount) reported in the message.

CODES

When D/C Mark is present, it must contain the following code (Error code(s): T51):

D	Debit floor limit

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).

USAGE RULES

When the field appears once, the floor limit applies to both debit and credit amounts. When different limits apply, both fields 34F must be present.