MT 207 Field Specifications

4. Field 30: Requested Execution Date

FORMAT

6!n

(Date)

PRESENCE

Mandatory

DEFINITION

This field specifies the date on which all subsequent transactions should be initiated by the executing bank.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYMMDD (Error code(s): T50).

USAGE RULES

This is the date on which the ordering institution's account is to be debited.