10.3.2 MT 644 Advice of Rate and Amount Fixing

This topic describes the MT 644 Advice of Rate and Amount fixing message formats and its specifications.

This message type is sent by the agent of the facility to the providers of funds. It specifies the interest rate applicable for a drawdown/renewal for a specified interest period, whether the end date of that period is set or not. When applicable, this message type will also set the exchange rate.

Maximum Length: 2000

Table 10-168 Mandatory Sequence A Identification of the Facility

Field Tag	Field Name	Format	Mandatory/Optional
20	Transaction Reference Number	16x	M
21	Related Reference	16x	O
27	Sequence of Total	1!n/1!n	O
29A	From	4*35x	O
29B	To the Attention of	4*35x	O
88D	Borrower(s)	[/1!a][/34x]	M
32A	Original Facility Amount	6!n3!a15d	M

Table 10-169 Mandatory Repetitive Sequence B Specification of the Drawing and Related Data

Field Tag	Field Name	Format	Mandatory/Optional
26a	Drawing Identification	N or P	M
31F	Interest Period	6!n[/6!n][//35x]	M
33B	Receiver's Participation	3!a15d	O
36	Exchange Rate	12d	O
37G	Basis Rate	[N]12d	M
37M	Interest Margin	[N]12d	O
37R	Reserve Interest	[N]12d	O
37a	Total Interest Rate	A, B, C, D, E, or F	O
34a	Differential Amount	P or R	O
57a	Account With Institution	A, B, or D	O
72	Sender to Receiver Information	6*35x	O