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ISO 15022
Data Field Dictionary

MT548: (69) Field 92a: Rate

FORMAT

Option A :4!c//[N]15d (Qualifier)(Sign)(Rate)
Option B :4!c//3!a/3!a/15d (Qualifier)(First Currency Code)(Second Currency Code)(Rate)

PRESENCE

Optional in optional subsequence C1a1A

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

PDRA

N

 

A

Penalty Discount Rate

2

O

EXCH

R

 

B

Exchange Rate

DEFINITION

This qualified generic field specifies:

EXCH

Exchange Rate

Exchange rate between the amount and the resulting amount.

PDRA

Penalty Discount Rate

It is the discount rate of the relevant currency for the business date.

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.

Currency Code must be a valid ISO 4217 currency code (Error code(s): T52).

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).