Instruction specifications - Xact via SWIFT and Xact File Transfer - Singapore

03.05.2019

In the following tables, M=Mandatory; O=Optional; C=Conditional;
Seq=SWIFT Message (sub)sequence.

CDP-eligible securities

 

MT540


Receive Free

Seq
M:98a::TRAD//Trade date/timeB
M:94B::TRAD//Place of trade 
O:90a::DEAL//Deal price 
C:70E::SPRO//NCBO/name of final beneficiary if transaction entails no change in beneficial owner 
M:22F::BENE//NBEN (no change in beneficial owner) or //YBENE
C:22F::SETR//Type of Settlement Transaction 
O:22F::RTGS//a 
M:95P::PSET//CDPLSGSG[XXX]E1
M:95P::DEAG//Counterparty’s BIC b 
or:95Q::DEAG//Counterparty’s name b 
O c:97A::SAFE//Counterparty’s account with DEAG 
O:95P::SELL//Ordering party’s BIC, if different from DEAG b 
or:95Q::SELL//Ordering party’s name b 
 

MT541


Receive Against Payment



Seq
M:98a::TRAD//Trade date/timeB
M:94B::TRAD//Place of trade 
O:90a::DEAL//Deal price 
C:22F::SETR//Type of Settlement TransactionE
O:22F::RTGS//a 
M:95P::PSET//CDPLSGSG[XXX]E1
M:95P::DEAG//Counterparty’s BIC b 
or:95Q::DEAG//Counterparty’s name b 
O c:97A::SAFE//Counterparty’s account with DEAG 
O:95P::SELL//Ordering party’s BIC, if different from DEAG b 
or:95Q::SELL//Ordering party’s name b 
 

MT542


Deliver Free



Seq
M:98a::TRAD//Trade date/timeB
M:94B::TRAD//Place of trade 
O:90a::DEAL//Deal price 
C:70E::SPRO//NCBO/name of final beneficiary if transaction entails no change in beneficial owner 
M:22F::BENE//NBEN (no change in beneficial owner) or //YBENE
C:22F::SETR//Type of Settlement Transaction 
O:22F::RTGS//a 
M:95P::PSET//CDPLSGSG[XXX]E1
M:95P::REAG//Counterparty’s BIC b 
or:95Q::REAG//Counterparty’s name b 
O c:97A::SAFE//Counterparty’s account with REAG 
O:95P::BUYR//Beneficiary’s BIC, if different from REAG b 
or:95Q::BUYR//Beneficiary’s name b 
 

MT543


Deliver Against Payment



Seq
M:98a::TRAD//Trade date/timeB
M:94B::TRAD//Place of trade 
O:90a::DEAL//Deal price 
C:22F::SETR//Type of Settlement TransactionE
O:22F::RTGS//a 
M:95P::PSET//CDPLSGSG[XXX]E1
M:95P::REAG//Counterparty’s BIC b 
or:95Q::REAG//Counterparty’s name b 
O c:97A::SAFE//Counterparty’s account with REAG 
O:95P::BUYR//Beneficiary’s BIC, if different from REAG b 
or:95Q::BUYR//Beneficiary’s nameb 

------------------------------------------

a. For Real-Time Gross Settlement (RTGS) instructions for CDP-eligible instruments only, this field must contain YRTG 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.

b. If no BIC exists for the DEAG/REAG or SELL/BUYR, the :95Q: Name and Address field 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.
c. 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)

 MT540Receive FreeSeq
M:98a::TRAD//Trade date/timeB
O:90a::DEAL//Deal price 
M:22F::STCO//PHYSE
M:95C::PSET//SGE1
M:95P::DEAG//Counterparty’s BIC a 
or:95Q::DEAG//Counterparty’s name a 
O:95P::SELL//Ordering party’s BIC, if different from DEAG a 
or:95Q::SELL//Ordering party’s name a 
O:97A::SAFE//Ordering party’s account 
 

MT542


Deliver Free


Seq
M:98a::TRAD//Trade date/timeB
O:90a::DEAL//Deal price 
M:22F::STCO//PHYSE
M:95C::PSET//SGE1
M:95P::REAG//Counterparty’s BIC a 
or:95Q::REAG//Counterparty’s name a 
O:95P::BUYR//Beneficiary’s BIC, if different from REAG a 
or:95Q::BUYR//Beneficiary’s name a 
O:97A::SAFE//Beneficiary’s account 

------------------------------------------
a. If no BIC exists for the DEAG/REAG or SELL/BUYR, the :95Q: Name and Address field 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

 MT540Receive FreeSeq
M:98a::TRAD//Trade date/timeB
O:90a::DEAL//Deal price 
C:70E::SPRO//NCBO/name of final beneficiary if transaction entails no change in beneficial owner 
M:22F::BENE//NBEN (no change in beneficial owner) or //YBENE
M:95P::PSET//MASGSGSM[XXX]E1
M:95P::DEAG//Counterparty’s BIC a 
or:95Q::DEAG//Counterparty’s name a 
O b:97A::SAFE//Counterparty’s account with DEAG 
O:95P::SELL//Ordering party’s BIC, if different from DEAG a 
or:95Q::SELL//Ordering party’s name a 
 

MT541


Receive Against Payment


Seq
M:98a::TRAD//Trade date/timeB
O:90a::DEAL//Deal price 
M:95P::PSET//MASGSGSM[XXX]E1
M:95P::DEAG//Counterparty’s BIC a 
or:95Q::DEAG//Counterparty’s name a 
O b:97A::SAFE//Counterparty’s account with DEAG 
O:95P::SELL//Ordering party’s BIC, if different from DEAG a 
or:95Q::SELL//Ordering party’s name a 
 

MT542


Deliver Free


Seq
M:98a::TRAD//Trade date/timeB
O:90a::DEAL//Deal price 
C:70E::SPRO//NCBO/name of final beneficiary if transaction entails no change in beneficial owner 
M:22F::BENE//NBEN (no change in beneficial owner) or //YBENE
M:95P::PSET//MASGSGSM[XXX]E1
M:95P::REAG//Counterparty’s BIC a 
or:95Q::REAG//Counterparty’s name a 
O b:97A::SAFE//Counterparty’s account with REAG 
O:95P::BUYR//Beneficiary’s BIC, if different from REAG a 
or:95Q::BUYR//Beneficiary’s name a 
 

MT543


Deliver Against Payment


Seq
M:98a::TRAD//Trade date/timeB
O:90a::DEAL//Deal price 
M:95P::PSET//MASGSGSM[XXX]E1
M:95P::REAG//Counterparty’s BIC a 
or:95Q::REAG//Counterparty’s name a 
O b:97A::SAFE//Counterparty’s account with REAG 
O:95P::BUYR//Beneficiary’s BIC, if different from REAG a 
or:95Q::BUYR//Beneficiary’s name a 

------------------------------------------
a. If no BIC exists for the DEAG/REAG or SELL/BUYR, the :95Q: Name and Address field 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.