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MT 107 Field Specifications

32. Field 32B: Currency and Settlement Amount

FORMAT

Option B 3!a15d (Currency)(Amount)

PRESENCE

Mandatory in mandatory sequence C

DEFINITION

This field specifies the currency and the total settlement amount.

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. A 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

If charges are settled immediately, the settlement amount may also include the total charges, if appropriate.

Because the field can only contain a 15d amount, care must be taken that transactions are only combined in a single MT 107 which do not lead to a total amount that exceeds the 15d limit.