MT321: (16) Field 92A: Rate: Interest Rate

FORMAT

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

PRESENCE

Mandatory in mandatory sequence B

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

INTR

N

 

A

Interest Rate

DEFINITION

This qualified generic field specifies:

INTR

Interest Rate

 

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 .

When Sign is present, Rate must not be zero .

USAGE RULES

Sign must only be used when Rate is negative.