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ISO 15022
Data Field Dictionary

MT542: (54) Field 98a: 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

Optional in optional sequence D

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

TERM

N

 

A, B, or C

Closing Date/Time

2

O

RERA

N

 

A or C

Rate Change Date/Time

DEFINITION

This qualified generic field specifies:

RERA

Rate Change Date/Time

Date/Time at which rate change has taken place.

TERM

Closing Date/Time

Closing date/time or maturity date/time of the transaction.

CODES

In option B, if Qualifier is TERM and Data Source Scheme is not present, Date Code must contain the following code:

OPEN

Open-Dated

Date/time has not been established.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYYYMMDD.

Time must be a valid time expressed as HHMMSS.

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