10.3.4 MT 646 Payment of Principal and/or of Interest

This topic describes the MT 646 payment of principal and/or of interest message formats.

This message type is sent by the agent of a facility to the providers of funds. It provides advice of payments and/or prepayments of principal and/or payment of interest on the same value date, which are not related to any subsequent drawing or renewal. It specifies (to the Receiver) the amount with respect to principal and/or interest.

Maximum Length: 2000

Table 10-173 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
23	Further Identification	16x	M
29A	From	4*35x	O
29B	To the Attention of	4*35x	O
88D	Borrower(s)	[/1!a][/34x]4*35x	M
32A	Original Facility Amount	6!n3!a15d	M
26P	Drawing Identification	3!a/4x	O

Table 10-174 Mandatory Repetitive Sequence B Interest Calculation

Field Tag	Field Name	Format	Mandatory/Optional
31F	Interest Period	6!n[/6!n][//35x]	O
33B	Computation Base Amount	3!a15d	O
34N	Interest Amount	[N]6!n3!a15d	O
37a	Interest Rate	A, B, C, D, E, or F	O
72	Sender to Receiver Information	6*35x	O

Table 10-175 Mandatory Sequence C Principal Payment/Sum of Interest Due

Field Tag	Field Name	Format	Mandatory/Optional
32A	Total Principal Amount Repaid/Prepaid	6!n3!a15d	M
32N	Principal Amount Due to Receiver	[N]6!n3!a15d	O
33N	Gross Interest Amount Due to Receiver	[N]6!n3!a15d	O
34N	Net Interest Amount Due to Receiver	[N]6!n3!a15d	O
34a	Total Amount Transferred	P or R	O
57a	Account With Institution	A, B, or D	O
71C	Details of Adjustments	6*35x	O
72	Sender to Receiver Information	6*35x	O