MT 303 Field Specifications

23. Field 30F: Final Settlement Date

FORMAT

Option F

8!n

(Date)

PRESENCE

Optional in a conditional sequence (C2)

DEFINITION

This field specifies the value date (or latest value date for an American style option) of the foreign exchange transaction in which the option may result.

NETWORK VALIDATED RULES

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

USAGE RULES

The default value for the final settlement date is two business days after the expiry date.