MT 306 Field Specifications

97. Field 23C: Calculation of Settlement Amount

FORMAT

Option C

7a

(Settlement Calculation)

PRESENCE

Optional in conditional (see rule C26) sequence J

DEFINITION

Determines how the Settlement Amount is calculated according to a formula within the Definitions.

CODES

Settlement Calculation must contain one of the following codes (Error code(s): T48):

FLIPPED	The settlement amount is calculated as flipped.
INVERSE	The settlement amount is calculated as inverse.
NORMAL	The settlement amount is calculated as normal.