Instruction specifications - CreationOnline - Singapore

03.05.2019

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

CDP-eligible securities

 

Receive Free

 
MAdditional Places

Type: Place of Trade a
Code: Singapore Exchange

or

Type: Place of Trade
Code: London Stock Exchange

or

Type: Place of Trade
Code: OTC Trades

MTrade Date 
ODeal Price 
CType of Settlement Transaction 
OProcessing Indicatorb
MPlace of SettlementBIC
 PartyCDPLSGSGXXX – Singapore CDP
MDelivering AgentBIC c
 PartyCounterparty’s BIC c
orDelivering AgentName and Address c
 PartyCounterparty’s name c
OdAccountCounterparty’s account with Delivering Agent
OSellerBICc
 PartyOrdering party’s BICc
orSellerName and Addressc
 PartyOrdering party’s namec
CSettlement Processing NarrativeNCBO/name of final beneficiary if transaction entails no change in beneficial owner
MAdditional IndicatorsType: Beneficial Ownership Indicator
Code: ‘No change in beneficial owner’ or ‘Change in beneficial owner’, as applicable
 

Receive Against Payment

 
MAdditional Places

Type: Place of Trade a
Code: Singapore Exchange

or

Type: Place of Trade
Code: London Stock Exchange

or

Type: Place of Trade
Code: OTC Trades

MTrade Date 
ODeal Price 
CType of Settlement Transaction 
OProcessing Indicatorb
MPlace of SettlementBIC
 PartyCDPLSGSGXXX – Singapore CDP
MDelivering AgentBIC c
 PartyCounterparty’s BIC c
orDelivering AgentName and Address c
 PartyCounterparty’s name c
OdAccountCounterparty’s account with Delivering Agent
OSellerBICc
 PartyOrdering party’s BICc
orSellerName and Addressc
 PartyOrdering party’s namec
 

Deliver Free

 
MAdditional Places

Type: Place of Trade a
Code: Singapore Exchange

or

Type: Place of Trade
Code: London Stock Exchange

or

Type: Place of Trade
Code: OTC Trades

MTrade Date 
ODeal Price 
CType of Settlement Transaction 
OProcessing Indicatorb
MPlace of SettlementBIC
 PartyCDPLSGSGXXX – Singapore CDP
MReceiving AgentBIC c
 PartyCounterparty’s BIC c
orReceiving AgentName and Address c
 PartyCounterparty’s name c
OdAccountCounterparty’s account with Receiving Agent
OBuyerBICc
 PartyBeneficiary’s BICc
orBuyerName and Addressc
 PartyBeneficiary’s namec
CSettlement Processing NarrativeNCBO/name of final beneficiary if transaction entails no change in beneficial owner
MAdditional IndicatorsType: Beneficial Ownership Indicator
Code: ‘No change in beneficial owner’ or ‘Change in beneficial owner’, as applicable
 

Deliver Against Payment

 
MAdditional Places

Type: Place of Trade a
Code: Singapore Exchange

or

Type: Place of Trade
Code: London Stock Exchange

or

Type: Place of Trade
Code: OTC Trades

MTrade Date 
ODeal Price 
CType of Settlement Transaction 
OProcessing Indicatorb
MPlace of SettlementBIC
 PartyCDPLSGSGXXX – Singapore CDP
MReceiving AgentBIC c
 PartyCounterparty’s BIC c
orReceiving AgentName and Address c
 PartyCounterparty’s namec
OdAccountCounterparty’s account with Receiving Agent
OBuyerBICc
 PartyBeneficiary’s BICc
orBuyerName and Addressc
 PartyBeneficiary’s namec

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a. If the place of trade is Singapore Exchange, please use Singapore Stock Exchange.

b. For Real-Time Gross Settlement (RTGS) instructions for CDP-eligible instruments only, this field must contain the optional settlement period (OSP) to indicate that the instruction is to be processed in the mandatory and/or optional settlement processing (see “RTGS” under Settlement services). Customers need to communicate to their counterparties if RTGS is required as it is a matching criteria.

c. If no BIC exists for the Delivering/Receiving Agent or Seller/Buyer, the Name and Address option can be used instead in each case. If the appropriate BIC does exist but is not provided, STP cannot be guaranteed and there is a risk of incurring eventual charges.
d. To enable a smooth settlement process, customers are recommended to provide the account number of the counterparty with the Delivering/Receiving Agent.

Non CDP-eligible securities (except government securities)

 

Receive Free

 
MTrade Date 
ODeal Price 
MPhysical transaction'Yes'
MPlace of SettlementCountry Code
 PartySG - Singapore Physical
MDelivering AgentBIC a
 PartyCounterparty’s BIC a
orDelivering AgentName and Address a
 PartyCounterparty’s name a
OSellerBICa
 PartyOrdering party’s BICa
orSellerName and Addressa
 PartyOrdering party’s namea
OAccountOrdering party’s account
 

Deliver Free

 
MTrade Date 
ODeal Price 
MPhysical transaction'Yes'
MPlace of SettlementCountry Code
 PartySG - Singapore Physical
MReceiving AgentBIC a
 PartyCounterparty’s BIC a
orReceiving AgentName and Address a
 PartyCounterparty’s name a
OBuyerBICa
 PartyBeneficiary’s BICa
orBuyerName and Addressa
 PartyBeneficiary’s namea
OAccountBeneficiary’s account

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a. If no BIC exists for the Delivering/Receiving Agent or Seller/Buyer, the Name and Address option can be used instead in each case. If the appropriate BIC does exist but is not provided, STP cannot be guaranteed and there is a risk of incurring eventual charges.

Government securities

 

Receive Free

 
MTrade Date 
ODeal Price 
MPlace of SettlementBIC
 PartyMASGSGSM
MDelivering AgentBIC a
 PartyCounterparty’s BIC a
orDelivering AgentName and Address a
 PartyCounterparty’s name a
ObAccountCounterparty’s account with Delivering Agent
OSellerBIC a
 PartyOrdering party’s BIC a
orSellerName and Address a
 PartyOrdering party’s name a
CSettlement Processing NarrativeNCBO/name of final beneficiary if transaction entails no change in beneficial owner
MAdditional IndicatorsType: Beneficial Ownership Indicator
Code: ‘No change in beneficial owner’ or ‘Change in beneficial owner’, as applicable
 

Receive Against Payment

 
MTrade Date 
ODeal Price 
MPlace of SettlementBIC
 PartyMASGSGSM
MDelivering AgentBIC a
 PartyCounterparty’s BIC a
orDelivering AgentName and Address a
 PartyCounterparty’s name a
ObAccountCounterparty’s account with Delivering Agent
OSellerBIC a
 PartyOrdering party’s BIC a
orSellerName and Address a
 PartyOrdering party’s name a
 
Deliver Free
 
MTrade Date 
ODeal Price 
MPlace of SettlementBIC
 PartyMASGSGSM
MReceiving AgentBIC a
 PartyCounterparty’s BIC a
orReceiving AgentName and Address a
 PartyCounterparty’s name a
ObAccountCounterparty’s account with Receiving Agent
OBuyerBIC a
 PartyBeneficiary’s BIC a
orBuyerName and Address a
 PartyBeneficiary’s name a
CSettlement Processing NarrativeNCBO/name of final beneficiary if transaction entails no change in beneficial owner
MAdditional IndicatorsType: Beneficial Ownership Indicator
Code: ‘No change in beneficial owner’ or ‘Change in beneficial owner’, as applicable
 

Deliver Against Payment
 
MTrade Date 
ODeal Price 
MPlace of SettlementBIC
 PartyMASGSGSM
MReceiving AgentBIC a
 PartyCounterparty’s BIC a
orReceiving AgentName and Address a
 PartyCounterparty’s namea
ObAccountCounterparty’s account with Receiving Agent
OBuyerBIC a
 PartyBeneficiary’s BIC a
orBuyerName and Address a
 PartyBeneficiary’s name a

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a. If no BIC exists for the Delivering/Receiving Agent or Seller/Buyer, the Name and Address option can be used instead in each case. If the appropriate BIC does exist but is not provided, STP cannot be guaranteed and there is a risk of incurring eventual charges.
b. To enable a smooth settlement process, customers are recommended to provide the account number of the counterparty with the Delivering/Receiving Agent.