MT 569 Field Specifications

28. Field 98a: Date/Time: Closing Date/Time

FORMAT

Option A	:4!c//8!n	(Qualifier) (Date)
Option B	:4!c/[8c]/4!c	(Qualifier) (Data Source Scheme) (Date Code)
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	TERM	N		A, B or C	Closing Date/Time

DEFINITION

This qualified generic field specifies:

TERM

Closing Date/Time

Closing date/time or maturity date/time of the The closing date/time of the collateral management transaction.

CODES

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

OPEN

Open Ended

There is no termination date defined.

NETWORK VALIDATED RULES

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

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