MT 524 Field Specifications

29. Field 98a: Date/Time: Settlement Date/Time

FORMAT

Option A	:4!c//8!n	(Qualifier) (Date)
Option C	:4!c//8!n6!n	(Qualifier) (Date) (Time)

PRESENCE

Mandatory

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	SETT	N		A, C	Settlement Date/Time

DEFINITION

This qualified generic field specifies:

SETT

Settlement Date/Time

Date/time at which the financial instruments are to be delivered or received. on which the securities are to be moved.

NETWORK VALIDATED RULES

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

Time must be a valid time expressed as HHMMSS (Error code(s): T38).