|
|
|
|
| Function: |
| To specify currencies used in the transaction and relevant details for the rate of exchange. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Currency details qualifier |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Currency details qualifier |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The rate of exchange which applies to the currencies. |
|
|
|
| Currency market exchange, coded |
|
|
|
|
|
| Segment Notes: |
This segment is used to specify currency information for the complete invoice.
The CUX Segment may be omitted for national exchanges.
The CUX Segment is mandatory for international exchanges.
When specifying Reference and Target Currencies for international trade, one occurrence of CUX is all that is required. The reference currency is identified in the first occurrence of composite C504, with the target currency specified in the second occurrence of C504. The rate of exchange between the two is detailed in DE 5402.
The general rule for calculating the rate of exchange is as follows :
Reference Currency multiplied by Rate = Target Currency.
Example :
1. Where only the invoicing currency needs to be identified for national trade.
CUX+2:GBP:4'
2. For international trade, the invoicing currency is identified as Pounds Sterling but the payment currency is to be in Belgian Francs. The rate of exchange between the two is 48.50 Belgian Francs to 1 Pound Sterling.
CUX+2:GBP:4+3:BEF:11+48.50'
Dependency Notes :
C504: The second occurrence of this composite if only used is a target currency is being specified.
5402: The rate of exchange is only used if a target currency has been identified in the second occurrence of C504. |
|