MT548: (56) Field 98a: Date/Time: Penalty Date/Time
FORMAT
| Option A | :4!c//8!n | (Qualifier)(Date) |
| Option C | :4!c//8!n6!n | (Qualifier)(Date)(Time) |
| Option E | :4!c//8!n6!n[,3n][/[N]2!n[2!n]] | (Qualifier)(Date)(Time)(Decimals)(UTC Indicator) |
PRESENCE
Mandatory in optional subsequence C1a1A
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
PEDA |
N |
|
A, C, or E |
Penalty Date/Time |
DEFINITION
This qualified generic field specifies:
PEDA |
Penalty Date/Time |
Date that composes the penalty. For Late Matching Fail Penalty (LMFP), there will be as many penalty dates as business days where a transaction fails to settle due to the late matching. The penalty date can be in the past compared to the penalty detection date. For Settlement Fail Penalty (SEFP) there is only 1 penalty date. |
NETWORK VALIDATED RULES
Date must be a valid date expressed as YYYYMMDD.
Time must be a valid time expressed as HHMMSS.
UTC Indicator must be a valid time expressed as HH[MM].
Sign ([N]) must not be used when UTC Indicator is equal to all zeroes.
