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ISO 15022
Data Field Dictionary

MT506: (23) 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

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

VALE

N

 

A or C

Date/Time of Valuation of the Exposure

2

M

VALC

N

 

A or C

Date/Time of Valuation of the Collateral

3

O

RSET

N

 

A

Requested Settlement Date

DEFINITION

This qualified generic field specifies:

RSET

Requested Settlement Date

Date on which the instructing party requests settlement of the collateral to take place.

VALC

Date/Time of Valuation of the Collateral

Date/time at which the collateral was valued.

VALE

Date/Time of Valuation of the Exposure

Date/time at which the exposure was valued.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYYYMMDD.

Time must be a valid date expressed as HHMMSS.