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ISO 15022
Data Field Dictionary

MT513: (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.

If Rate is zero, Sign must not be present.

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).