MT 504 Field Specifications
30. Field 98A: Date: Settlement Date
FORMAT
Option A |
:4!c//8!n |
(Qualifier)(Date) |
PRESENCE
Optional in mandatory sequence C
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
1 |
O |
SETT |
N |
|
A |
Settlement Date |
DEFINITION
This qualified generic field specifies:
SETT |
Settlement Date |
Date on which the financial instruments are to be delivered or received. |
NETWORK VALIDATED RULES
Date must be a valid date expressed as YYYYMMDD (Error code(s): T50).