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MT 700 Field Specifications

33. Field 48: Period for Presentation in Days

FORMAT

3n[/35x] (Days)(Narrative)

PRESENCE

Optional

DEFINITION

This field specifies the number of calendar days after the date of shipment within which the documents must be presented for payment, acceptance, or negotiation. Narrative must only be used to specify another type of date than a shipment date, for example invoice date, from which the period for presentation begins.

USAGE RULES

The absence of this field means that the presentation period is 21 days after the date of shipment, where applicable.