MT 526 Field Specifications

9. Field 30: Effective Date

FORMAT

6!n (Date)

PRESENCE

Optional

DEFINITION

This field specifies the effective date at which the securities will be available for lending, are no longer available for lending, are to be borrowed or recalled, or will be/have been returned.

NETWORK VALIDATED RULES

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

USAGE RULES

The absence of this field implies that the effective date is the date on which the message is sent from the Sender's point of view, or as agreed bilaterally between the Sender and the Receiver.