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MT 513 Field Specifications

31. Field 92A: Rate

FORMAT

Option A :4!c//[N]15d (Qualifier)(Sign)(Rate)

PRESENCE

Optional in mandatory sequence C

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 O CORA N   A Commission Rate Applied
2 O COWA N   A Percentage Commission Waived

DEFINITION

This qualified generic field specifies:

CORA Commission Rate Applied Commission rate applied after waiving.
COWA Percentage Commission Waived Percentage of the commission that is waived.

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).

If Rate is zero, Sign must not be present (Error code(s): T14).

USAGE RULES

Sign must be present when Rate is negative.

Except if notified differently in the rate definition, when used with format option A (:4!c//[N]15d), the rate must be expressed as a percentage, not as a decimal fraction (12% must be identified by 12, and not 0,12).