Instruction specifications - CreationOnline - Mexico

03.04.2018

In the following tables, M=Mandatory; O=Optional; C=Conditional.

Receive Free

MTrade Date 
ODeal Price a 
CBeneficial Ownership Indicator b 
MPlace of SettlementBIC
 PartyINDEMXMMXXX - Mexico
MDelivering Agent cBIC
 Partycounterparty’s BIC
orDelivering Agent cIndeval
 Partycounterparty’s Indeval account
MSellerBIC
 Partyordering party’s BIC
orSellerName and Address (if BIC does not exist)
 Partyordering party’s name
MAccountordering party’s account
CSettlement Processing Narrative/d
 

Receive Against Payment
MTrade Date 
ODeal Price 
MPlace of SettlementBIC
 PartyINDEMXMMXXX - Mexico
MDelivering Agent cBIC
 Partycounterparty’s BIC
orDelivering Agent cIndeval
 Partycounterparty’s Indeval account
MSellerBIC
 Partyordering party’s BIC
orSellerName and Address (if BIC does not exist)
 Partyordering party’s name
MAccountordering party’s account
 

Deliver Free
MTrade Date 
ODeal Price a 
CBeneficial Ownership Indicator b 
MPlace of SettlementBIC
 PartyINDEMXMMXXX - Mexico
MReceiving Agent cBIC
 Partycounterparty’s BIC
orReceiving Agent cIndeval
 Partycounterparty’s Indeval account
MBuyerBIC
 Partybeneficiary’s BIC
orBuyerName and Address (if BIC does not exist)
 Partybeneficiary’s name
MAccountbeneficiary’s account
CSettlement Processing Narrative/d
 

Deliver Against Payment
MTrade Date 
ODeal Price 
MPlace of SettlementBIC
 PartyINDEMXMMXXX - Mexico
MReceiving Agent cBIC
 Partycounterparty’s BIC
orReceiving Agent cIndeval
 Partycounterparty’s Indeval account
MBuyerBIC
 Partybeneficiary’s BIC
orBuyerName and Address (if BIC does not exist)
 Partybeneficiary’s name
MAccountbeneficiary’s account

a. When applicable and in the absence of this field, Citibanamex will use the security’s closing market price on the actual settlement date to determine the gain or loss in free of payment operations. Citibanamex will obtain this information from our price vendor (PIP) and the corresponding withholding tax will be applied.

b. To be included in the following cases:

  • For Receive Free and Deliver Free transactions) between customer proprietary accounts or between accounts of the same beneficiary held with different global custodians; or
  • For Receive Free and Deliver Free transactions related to creation and cancellation of ADRs.

c. When trading securities on the SIC market, Indeval’s BIC or local code must be included in the respective field (BIC: INDEMXMM or local code: 5200)

d. For Receive Free and Deliver Free transactions related to securities lending, the following wording should be included:/LOANDIN/ or /LOANDOUT/