MT506: (23) Field 98a: Date/Time
FORMAT
| Option A | :4!c//8!n | (Qualifier)(Date) |
| Option C | :4!c//8!n6!n | (Qualifier)(Date)(Time) |
PRESENCE
Mandatory in mandatory sequence B
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
VALE |
N |
|
A or C |
Date/Time of Valuation of the Exposure |
2 |
M |
VALC |
N |
|
A or C |
Date/Time of Valuation of the Collateral |
3 |
O |
RSET |
N |
|
A |
Requested Settlement Date |
DEFINITION
This qualified generic field specifies:
RSET |
Requested Settlement Date |
Date on which the instructing party requests settlement of the collateral to take place. |
VALC |
Date/Time of Valuation of the Collateral |
Date/time at which the collateral was valued. |
VALE |
Date/Time of Valuation of the Exposure |
Date/time at which the exposure was valued. |
NETWORK VALIDATED RULES
Date must be a valid date expressed as YYYYMMDD.
Time must be a valid date expressed as HHMMSS.
