MT 503 Field Specifications

30. Field 98A: Date: Settlement Date

FORMAT

Option A

:4!c//8!n

(Qualifier) (Date)

PRESENCE

Optional

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/time at which the financial instruments are to be delivered or received.

SETT

Settlement Date

The date of the settlement or delivery of the piece of collateral claimed.

NETWORK VALIDATED RULES

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