MT 365 Field Specifications

31. Field 37P: New Fixed Rate

FORMAT

Option P

12d

(Rate)

PRESENCE

Conditional (see rule C2) in conditional (see rule C1) sequence E

DEFINITION

This field specifies the new fixed rate payable by party A.

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

Rate is expressed as a percentage.