{"id":2525,"date":"2018-08-18T14:05:11","date_gmt":"2018-08-18T18:05:11","guid":{"rendered":"http:\/\/www.letterofcredit.biz\/?p=2525"},"modified":"2023-09-02T09:45:56","modified_gmt":"2023-09-02T13:45:56","slug":"field-32b-currency-code-amount","status":"publish","type":"post","link":"https:\/\/www.letterofcredit.biz\/index.php\/2018\/08\/18\/field-32b-currency-code-amount\/","title":{"rendered":"Field 32B: Currency Code, Amount"},"content":{"rendered":"<p><strong>What is Field 32B: Currency Code, Amount?<\/strong><\/p>\n<p>Field 32B: Currency Code, Amount is a field in MT 700 swift message that is used to indicate the currency code and amount of the letter of credit.<\/p>\n<p>This is a mandatory field, which means that it must be stated in all of the letters of credit issued via MT 700 swift format.<\/p>\n<p>This field contains the currency code and amount of the documentary credit.<\/p>\n<p>Currency must be a valid ISO 4217 currency code.<\/p>\n<p>The integer part of Amount must contain at least one digit. The decimal comma &#8216;,&#8217; is mandatory and is included in the maximum length. The number of digits following the comma must not exceed the maximum number allowed for the specified currency.<\/p>\n<p>A commercial invoice must be made out in the same currency as the credit.<br \/>\nThe insurance document must indicate the amount of insurance coverage and be in the same currency as the credit.<\/p>\n<p>The words &#8220;about&#8221; or &#8220;approximately&#8221; used in connection with the amount of the credit or the quantity or the unit price stated in the credit are to be construed as allowing a tolerance not to exceed 10% more or 10% less than the amount, the quantity or the unit price to which they refer.<\/p>\n<p><strong>MT 700<\/strong><br \/>\n<strong>Field 32B: Currency Code, Amount:<\/strong><br \/>\nSpecial information relative to the amount of the credit must be specified in field 39A Percentage Credit Amount Tolerance, field 39B Maximum Credit Amount or field 39C Additional Amounts Covered<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is Field 32B: Currency Code, Amount? Field 32B: Currency Code, Amount is a field in MT 700 swift message that is used to indicate the currency code and amount of the letter of credit. This is a mandatory field,<\/p>\n","protected":false},"author":1,"featured_media":2527,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[273,231],"tags":[285,276,238,239],"class_list":["post-2525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mt-700-issue-of-a-documentary-credit","category-swift-messages","tag-field-32b-currency-code-and-amount","tag-mt-700-issue-of-a-documentary-credit","tag-swift","tag-swift-messages"],"_links":{"self":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/2525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2525"}],"version-history":[{"count":0,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/2525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media\/2527"}],"wp:attachment":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}