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ISO 15022
Data Field Dictionary

MT558: (29) Field 98a: Date/Time: Closing 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)

PRESENCE

Mandatory in mandatory sequence B

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

TERM

N

 

A, B, or C

Closing Date/Time

DEFINITION

This qualified generic field specifies:

TERM

Closing Date/Time

Closing date/time of the collateral management transaction.

CODES

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

OPEN

Open Ended

There is no termination date defined.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYYYMMDD.

Time must be valid time expressed as HHMMSS.