10.1.9 MT 350 Advice of Loan/Deposit Interest Payment
This topic describes the MT 350 Advice of Loan/Deposit Interest Payment
It is used to inform that an interest amount has been paid to the account of
the beneficiary with the receiving agent mentioned in the message. The message may also
be used to notify the details of:
- an amendment to a previously sent advice
- the cancellation of an advice
Maximum Length: 10000
Table 10-72 Format Specifications
| Field Tag | Field Name | Format | Mandatory/Optional |
|---|---|---|---|
| 15A | New Sequence | Empty field | M |
| 20 | Sender's Reference | 16x | M |
| 21 | Related Reference | 16x | O |
| 22A | Type of Operation | 4!c | M |
| 94A | Scope of Operation | 4!c | O |
| 22C | Common Reference | 4!a2!c4!n4!a2!c | M |
| 21N | Contract Number Party A | 16x | O |
| 82a | Party A | A, D, or J | M |
| 87a | Party B | A, D, or J | M |
| 83a | Fund or Instructing Party | A, D, or J | O |
| 72 | Sender to Receiver Information | 6*35x | O |
Table 10-73 Mandatory Sequence B Interest Information
| Field Tag | Field Name | Format | Mandatory/Optional |
|---|---|---|---|
| 15B | New Sequence | Empty field | M |
| 30G | Interest Period | 8!n/8!n | M |
| 32B | Currency and Principal Amount | 3!a15d | M |
| 30V | Value Date of Interest Payment | 8!n | M |
| 34B | Currency and Interest Amount | 3!a15d | M |
| 37J | Interest Rate | 12d | M |
| 14D | Day Count Fraction | 7x | M |
| 30F | Next Interest Payment Date | 8!n | O |
Table 10-74 Mandatory Sequence C Settlement Instructions
| Field Tag | Field Name | Format | Mandatory/Optional |
|---|---|---|---|
| 15C | New Sequence | Empty field | M |
| 53a | Delivery Agent | A, D, or J | O |
| 86a | Intermediary 2 | A, D, or J | O |
| 56a | Intermediary | A, D, or J | O |
| 57a | Receiving Agent | A, D, or J | M |
| 58a | Beneficiary Institution | A, D, or J | O |
Table 10-75 Optional Sequence D Tax Information and Broker's Commission
| Field Tag | Field Name | Format | Mandatory/Optional |
|---|---|---|---|
| 15D | New Sequence | Empty field | M |
| 34B | Transaction Currency and Interest Amount | 3!a15d | M |
| 33B | Transaction Currency and Net Interest Amount | 3!a15d | M |
| 36 | Exchange Rate | 12d | O |
Table 10-76 Optional Subsequence D1 Tax Details
| Field Tag | Field Name | Format | Mandatory/Optional |
|---|---|---|---|
| 37L | Tax Rate | 12d | M |
| 33E | Reporting Currency and Tax Amount | 3!a15d | M |
Table 10-77 Optional Subsequence D2 Broker's Commission Information
| Field Tag | Field Name | Format | Mandatory/Optional |
|---|---|---|---|
| 71F | Broker's Commission | 3!a15d | M |
| 37L | Tax Rate on Broker's Commission | 12d | O |
| 33E | Reporting Currency and Tax Amount on Broker's Commission | 3!a15d | O |