ISO 15022 Data Field Dictionary

MT518: (17) Field 19A: Amount: Settlement Amount

FORMAT

Option A :4!c//[N]3!a15d (Qualifier)(Sign)(Currency Code)(Amount)

PRESENCE

Optional in mandatory sequence B

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

SETT

N

 

A

Settlement Amount

DEFINITION

This qualified generic field specifies:

SETT

Settlement Amount

Total amount of money to be paid or received in exchange for the financial instrument.

NETWORK VALIDATED RULES

Currency Code must be a valid ISO 4217 currency code.

The integer part of Amount must contain at least one digit. A decimal comma is mandatory and is included in the maximum length. The number of digits following the comma must not exceed the maximum allowed for the specified currency.

If Amount is zero, Sign must not be present.

USAGE RULES

Sign is used when the Amount is credited while the practice or the transaction type would normally imply that the Amount should be debited (or vice versa).

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