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MT 256 Field Specifications

9. Field 37J: Interest Rate

FORMAT

Option J 12d (Rate)

PRESENCE

Optional in mandatory sequence B

DEFINITION

This field specifies the interest rate to be collected from the Sender of the cheque truncation message.

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).