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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).