MT 103 REMIT Field Specifications

8. Field 36: Exchange Rate

FORMAT

12d

(Rate)

PRESENCE

Conditional (see rule C1)

DEFINITION

This field specifies the exchange rate used to convert the instructed amount specified in field 33B.

NETWORK VALIDATED RULES

The integer part of Rate must contain at least one digit. A decimal comma is mandatory and is included in the maximum length (Error code(s): T40,T43).

USAGE RULES

This field must be present when a currency conversion or an exchange has been performed on the Sender's side.