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MT 559 Field Specifications

17. Field 33T: Redemption Price

FORMAT

Option T 3!a15d (Currency)(Price)

PRESENCE

Optional

DEFINITION

This field specifies the currency and price or percentage price of the redemption.

NETWORK VALIDATED RULES

Currency must be a valid ISO 4217 currency or the code PCT (Error code(s): T52).

The integer part of Price 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 may alternatively contain the code PCT, when the percentage price is provided.

The absence of this field means that redemption is at par.

If a currency code is present, the number of digits following the decimal comma in Price will not be validated against the maximum allowed for the currency specified.