ASM Amount and Settlement Method

Defines a participant's monetary commitment and settlement method

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Position
Element
Name
Type
Requirement
Min
Max
Repeat
ASM-01
Amount
N2
Mandatory
1
15
-
Monetary amount.
ASM01 is the individual participant's share.
ASM-02
Payment Method Code
Identifier (ID)
Optional
1
1
-
Code identifying type of payment procedures.
ASM02 is the settlement method (deduction or check).
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