/TRANSLATE={ ASCII_TO_EBCDIC | EBCDIC_TO_ASCII }

   Translate data (which is assumed to represent simple character text)
   from ASCII into EBCDIC or vice versa.  One of the two keywords must
   be specified.  If ASCII_TO_EBCDIC is used then tab expansion is done
   unless /NOEXPAND_TABS is specified.  If the reverse is used, no tab
   expansion will be attempted regardless of /expand_tabs.

   Translation from EBCDIC into ASCII is done before any modifications
   from /EDIT are performed; translation from ASCII into EBCDIC is done
   after any requested edits are performed.