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MT 707 Field Specifications

41. Field 48: Period for Presentation in Days

FORMAT

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

PRESENCE

Conditional (see rule C1)

DEFINITION

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