MT 588 Field Specifications

61. Field 98a: Date/Time

FORMAT

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

PRESENCE

Optional

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	VALU	N		A, C	Value Date/Time
2	O	POST	N		A, C	Posting Date/Time

DEFINITION

This qualified generic field specifies:

POST	Posting Date/Time	Date/time securities are posted to the safekeeping account.
VALU	Value Date/Time	Date/time at which cash becomes available to the account owner (in a credit entry), or cease to become available to the account owner (in a debit entry).

POST	Posting Date/Time	Date/time securities are posted to the safekeeping account.
VALU	Value Date/Time	Date/time on which the value is calculated.

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).