MT506: (50) Field 98A: Date

FORMAT

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

PRESENCE

Mandatory in optional subsequence C3

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

STRT

N

 

A

Start Date

2

M

TERM

N

 

A

Closing Date/Time

DEFINITION

This qualified generic field specifies:

STRT

Start Date

Date on which the deal starts or becomes effective.

TERM

Closing Date/Time

Closing date or maturity date of the transaction.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYYYMMDD .