MT564: (91) 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)
Option E :4!c//8!n6!n[,3n][/[N]2!n[2!n]] (Qualifier)(Date)(Time)(Decimals)(UTC Indicator)

PRESENCE

Mandatory in optional subsequence E2

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

PAYD

N

 

A, B, or C

Payment Date/Time

2

O

VALU

N

 

A, B, or C

Value Date/Time

3

O

EARL

N

 

A, B, C, or E

Earliest Payment Date/Time

4

O

FXDT

N

 

A, B, or C

FX Rate Fixing Date/Time

DEFINITION

This qualified generic field specifies:

EARL

Earliest Payment Date/Time

Date/time at which a payment can be made, for example, if payment date is a non-business day or to indicate the first payment date of an offer.

FXDT

FX Rate Fixing Date/Time

Date/time at which a foreign exchange rate will be determined.

PAYD

Payment Date/Time

Date/time at which the movement is due to take place (cash and/or securities).

VALU

Value Date/Time

Date/time at which cash becomes available to the account owner (in a credit entry), or cease to be available to the account owner (in a debit entry).

CODES

In option B, if Qualifier is not VALU and Data Source Scheme is not present, Date Code must contain one of the following codes:

ONGO

Ongoing Basis

Date is determined by "on going basis" process, for example "au fil de l'eau".

UKWN

Unknown Date

Date is unknown by the sender or has not been established.

CODES

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

UKWN

Unknown Date

Date is unknown by the sender or 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.

UTC Indicator must be a valid time expressed as HH[MM].

Sign must not be used when UTC Indicator is equal to all zeroes.