Module field90

swift_mt_message::fields

Module field90 

Source
Expand description

§Field 90: Number & Sum

§Purpose

Specifies the number of transactions and total sum for summary and control purposes in financial messages. This field provides aggregated transaction information that enables verification, reconciliation, and control totals for transaction batches and statement processing.

§Format Options Overview

  • Option C: Credit entries - number and sum of credit transactions
  • Option D: Debit entries - number and sum of debit transactions

§Business Context Applications

  • Statement Control: Summary totals for customer statements
  • Batch Processing: Control totals for transaction batches
  • Reconciliation: Verification totals for account reconciliation
  • Audit Control: Control information for audit purposes

§Network Validation Requirements

  • Number Validation: Transaction count must be valid positive integer
  • Currency Validation: Must be valid ISO 4217 currency code
  • Amount Format: Decimal amount with proper precision
  • Logical Consistency: Numbers and amounts must be logically consistent

§Control Total Applications

§Transaction Counting

  • Credit Count: Total number of credit transactions
  • Debit Count: Total number of debit transactions
  • Verification: Cross-verification with individual transaction entries
  • Completeness: Ensuring all transactions are included

§Amount Summation

  • Credit Sum: Total amount of all credit transactions
  • Debit Sum: Total amount of all debit transactions
  • Balance Verification: Verification against balance changes
  • Precision: Maintaining precision in summary calculations

§Regional Considerations

  • European Banking: SEPA statement control requirements
  • US Banking: Federal and commercial bank control standards
  • Asian Markets: Local banking control and summary requirements
  • Cross-Border: International summary and control standards

§Error Prevention Guidelines

  • Count Verification: Verify transaction counts match actual entries
  • Amount Verification: Confirm summary amounts equal individual totals
  • Currency Consistency: Ensure currency matches transaction currency
  • Precision Checking: Verify amount precision meets standards
  • Field 61: Statement Line (individual transactions being summarized)
  • Field 60/62: Opening/Closing Balance (balance change verification)
  • Field 28C: Statement Number/Sequence Number (statement context)
  • Field 25: Account Identification (account context)

§Compliance Framework

  • Control Standards: Meeting banking control and summary standards
  • Audit Requirements: Providing adequate control information for audits
  • Reconciliation Support: Supporting account reconciliation processes
  • Quality Control: Ensuring transaction processing quality

§See Also

  • Swift FIN User Handbook: Number & Sum Field Specifications
  • Banking Control Standards: Transaction Summary Requirements
  • Account Statement Standards: Control Total Requirements
  • Audit Guidelines: Financial Transaction Control

Structs§

Field90C
Field 90C: Number & Sum of Credit Entries
Field90D
Field 90D: Number & Sum of Debit Entries