MT503: (30) Field 98A: Date: Settlement Date

FORMAT

Option A :4!c//8!n (Qualifier)(Date)

PRESENCE

Optional in optional sequence C

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

SETT

N

 

A

Settlement Date

DEFINITION

This qualified generic field specifies:

SETT

Settlement Date

Date on which the financial instruments are to be delivered or received.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYYYMMDD .