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MT 304 Field Specifications

25. Field 36: Exchange Rate

FORMAT

12d (Rate)

PRESENCE

Mandatory in mandatory sequence B

DEFINITION

This field specifies the agreed exchange rate of the transaction. It is the rate as the deal was struck.

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).