Error Code C03

C03 - Value Date Mismatch

Find out why a C03 rejection happens when the value date or settlement date does not match the currency and calendar rules.

Why this rejection happened

The instruction was rejected because the settlement date did not meet the expected business-day or holiday calendar requirements for the currency involved.

How to fix it

Check the currency holidays and weekend rules for the currency in field 32A. ISO 20022 schemas strictly validate the InterbankSettlementDate format.

Common trigger points

Weekend value date reject
Currency holiday mismatch
Settlement date parsing issue

Resolve C03 issues fast

Use the live SwiftMX Bridge converter to transform your MT instruction into a compliant MX payload and fix the underlying C03 problem before it blocks settlement.

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