MT 506 Field Specifications

44. Field 98A: Date

FORMAT

Option A :4!c//8!n (Qualifier) (Date)

PRESENCE

Mandatory in an optional sequence

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 M STRT N   A Start Date
2 M TERM MATU N   A Closing Maturity Date

DEFINITION

This qualified generic field specifies:

STRT Start Date The effective or start date of the deal.
TERM Closing Date Closing date/time or maturity date/time of the transaction.
MATU Maturity Date The maturity or termination date of the deal.

NETWORK VALIDATED RULES

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