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MT 360 Field Specifications

106. Field 22E: Type of Payment

FORMAT

Option E 4!c

PRESENCE

Mandatory in conditional (see rule C10) sequence L

DEFINITION

This field specifies the type of payment.

CODES

This field must contain one of the following codes, or a bilaterally agreed code:

FEES The settlement of a fee.
PRMP The premium payment in the case of a cap, floor or collar.