MS5 Shipment Rates and Charges

To specify shipment rates and charges

Position: MS5-01 · Element: 74 · Name: Declared Value · Type: N2 · Requirement: Conditional · Min: 2 · Max: 12 · Repeat: 1

Monetary assigned value expressed in the standard monetary denomination for the currency specified

MS501 is the declared value for insurance purposes.

Position: MS5-02 · Element: 122 · Name: Rate/Value Qualifier · Type: Identifier (ID) · Requirement: Conditional · Min: 2 · Max: 2 · Repeat: 1

Code qualifying how to extend charges or interpret value

P0203: If either MS5-02 or MS5-03 is present, then the other is required

Position: MS5-03 · Element: 60 · Name: Freight Rate · Type: Decimal number (R) · Requirement: Conditional · Min: 1 · Max: 9 · Repeat: 1

Rate that applies to the specific commodity

Position: MS5-04 · Element: 74 · Name: Declared Value · Type: N2 · Requirement: Conditional · Min: 2 · Max: 12 · Repeat: 1

Monetary assigned value expressed in the standard monetary denomination for the currency specified

MS504 is the declared value for Customs purposes.

Position: MS5-05 · Element: 100 · Name: Currency Code · Type: Identifier (ID) · Requirement: Optional · Min: 3 · Max: 3 · Repeat: 1

Code (Standard ISO) for country in whose currency the charges are specified

L050104: If MS5-05 is present, then at least one of MS5-01 or MS5-04 is required

MS505 indicates the currency of MS501 and MS504.