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MT 720 Field Specifications

34. 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. If the date is not a shipment date, for example, it is an invoice date, then the details must be given in Narrative.

USAGE RULES

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