MT 304 Field Specifications

55. Field 34B: Commission and Fees - Currency and Amount

FORMAT

Option B

3!a15d

(Currency)(Amount)

PRESENCE

Optional in conditional (see rule C4) sequence D

DEFINITION

This field specifies the amount of any non-settlement related commission or fees associated with the trade, for example resulting from central clearing.

NETWORK VALIDATED RULES

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

The codes XAU, XAG, XPD and XPT are not allowed, as these are codes for commodities for which the category 6 commodities messages must be used (Error code(s): C08).

The integer part of Amount must contain at least one digit. A decimal comma is mandatory and is included in the maximum length. The number of digits following the comma must not exceed the maximum number allowed for the specified currency (Error code(s): C03,T40,T43).