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. |