MT524: (34) 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 in mandatory sequence B
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
SETT |
N |
|
A or C |
Settlement Date/Time |
DEFINITION
This qualified generic field specifies:
SETT |
Settlement Date/Time |
Date/time at which the financial instruments are to be moved. |
NETWORK VALIDATED RULES
Date must be a valid date expressed as YYYYMMDD.
Time must be a valid time expressed as HHMMSS.
