MT381: (11) 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

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

ORDR

N

 

A or C

Date/Time of Order

2

M

TRAD

N

 

A

Trade Date

3

M

VALU

N

 

A

Value Date

DEFINITION

This qualified generic field specifies:

ORDR

Date/Time of Order

Date/time on which the order was placed by the instructing party with the custodian.

TRAD

Trade Date

Date/time at which the order was carried out by the custodian.

VALU

Value Date

Date/time at which the cash movement is to take place.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYYYMMDD .

Time must be a valid time expressed as HHMMSS .