MT 950 Field Specifications

4. Field 60a: Opening Balance

FORMAT

Option F	1!a6!n3!a15d	(D/C Mark) (Date) (Currency) (Amount)
Option M	1!a6!n3!a15d	(D/C Mark) (Date) (Currency) (Amount)

PRESENCE

Mandatory

DEFINITION

This field specifies, for the (intermediate) opening balance, whether it is a debit or credit balance, the date, the currency and the amount of the balance.

CODES

D/C Mark must contain one of the following codes (Error code(s): T51):

C	The (intermediate) opening balance is a credit balance.
D	The (intermediate) opening balance is a debit balance.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYMMDD (Error code(s): T50).

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

This field must always be the same as field 62a (closing balance) of the previous statement message for this account.

The first statement message for a specified period must contain field 60F (first opening balance); additional statement messages for the same statement period must contain field 60M (intermediate opening balance).