MT 503 Field Specifications

43. Field 98a: Date/Time

FORMAT

Option A :4!c//8!n (Qualifier) (Date)
Option B :4!c/[8c]/4!c (Qualifier) (Data Source Scheme) (Date Code)

PRESENCE

Mandatory in a conditional (C4) subsequence

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 M ISSU N   A Issue Date
2 O EXPI N C6 A or B Expiry Date

DEFINITION

This qualified generic field specifies:

ISSU Issue Date The issue date of the bank guarantee or documentary credit.
EXPI Expiry Date The expiry date of the bank guarantee or documentary credit.

CODES

In option B, if Data Source Scheme is not present, Date Code must contain the following code (Error code(s): K98):

OPEN Open-dated There is no expiry date.

NETWORK VALIDATED RULES

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