If FX rate response received from the external rate system is having a value date which is not matching with the instruction date, then the instruction date will be replaced with FX value date.

For outbound payment, credit value date is updated as the new instruction date and debit value date will be Instruction date-Float days provided the date basis is ‘Instruction Date’ in the Network preferences. If the debit value date basis is ‘Activation date’, there will be no impact.

The FX value date will be replaced for inbound payment instruction date as well. Based on this credit value date will be derived as new Instruction date + credit float days.