MT 950 Field Specifications

6. Field 62a: Closing Balance (Booked Funds)

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) closing 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) closing balance is a credit balance.
D	The (intermediate) closing 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

The contents of this field will be repeated in field 60a of the subsequent statement message for this account.

If there is only one statement message transmitted for the period, this field must use tag option F, ie, 62F (final closing balance). When several messages are transmitted for the same statement period, all messages except the last message must contain field 62M (intermediate closing balance); the last message of the statement must contain field 62F.