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SFI 10, element 21: exchange rate CoL to CoB

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Created by Claudia L (Lufthansa) on 2011-03-09 11:38:54 Back to Topics

SFI 10, element 21: exchange rate CoL to CoB

Hi all.
 
The ISPG states this validation:
1. Should be 0000000000100000 when Currency of Listing/Evaluation (Element 11) and Currency of Billing (Element 12) are the same.
2. In case Currency of Listing/Evaluation (Element 11) and Currency of Billing (Element 12) are different and Settlement Method (Element 18) = "I" or "A" or "M" the exchange rate should be as published in the Five Day Rates Master for the Billing Date (Element 10)
3. In case Billing Code = 4, this field should be Zero Filled
 
For (2) we would like to know if the mean rate would also be accepted?
 
Please advise.
Thanks,
Claudia (LH)
Replied by Ashley H on 2011-05-12 10:32:08
Dear Claudia,
 
Mean Rate not accepted by SIS. IS Participants will always have to provide the FDR rate.
 
Best regards

From:
Posted: Friday, March 11, 2011 4:17 PM
Subject: SFI 10, element 21: exchange rate CoL to CoB

Hi all.
 
The ISPG states this validation:
1. Should be 0000000000100000 when Currency of Listing/Evaluation (Element 11) and Currency of Billing (Element 12) are the same.
2. In case Currency of Listing/Evaluation (Element 11) and Currency of Billing (Element 12) are different and Settlement Method (Element 18) = "I" or "A" or "M" the exchange rate should be as published in the Five Day Rates Master for the Billing Date (Element 10)
3. In case Billing Code = 4, this field should be Zero Filled
 
For (2) we would like to know if the mean rate would also be accepted?
 
Please advise.
Thanks,
Claudia (LH)
 
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