Instruction specifications - Xact Web Portal - Singapore

03.05.2019

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

CDP-eligible securities

 

Receive Free

 

M

Trade date

 

O

Deal price

 
OSecurities RTGSa

C

Settlement instruction processing additional details

NCBO/name of final beneficiary if transaction entails no change in beneficial owner

M

Place of trade type

Code


P. of trade identifier

EXCH – Stock exchange

or

OTCO - Over the counter


P. of trade identificationb 

XLON (for London Stock Exchange)

or

XSES (for Singapore Stock Exchange)

C

Sec.transaction type

 

M

Beneficial ownership

‘No change in beneficial owner’ - unticked or ‘Change in beneficial owner’- ticked, as applicable


Delivering settlement parties


M

Depository Format

BIC

 

Depository Identifier

CDPLSGSGXXX

M

Party 1 Format

BIC c

 

Party 1 Identifier

Counterparty’s BIC c

or

Party 1 Format

Name c

 

Party 1 Identifier

Counterparty’s name c

d

Party 1 Safekeeping account

Counterparty’s account with Delivering Agent

O

Party 2 Format

BIC c

 

Party 2 Identifier

Ordering party’s BIC c

or

Party 2 Format

Name

 

Party 2 Identifier

Ordering party’s name c

 

Receive Against Payment

 

M

Trade date

 

O

Deal price

 

O

Securities RTGS

a

M

 Place of trade type

Code


P. of trade identifier 

EXCH – Stock exchange

or

OTCO - Over the counter


P. of trade identificationb 

XLON (for London Stock Exchange)

or

XSES (for Singapore Stock Exchange)

C

Sec.transaction type

 

Delivering settlement parties


M

Depository Format

BIC

 

Depository Identifier

CDPLSGSGXXX

M

Party 1 Format

BIC c

 

Party 1 Identifier

Counterparty’s BIC c

or

Party 1 Format

Name c

 

Party 1 Identifier

Counterparty’s name c

d

Party 1 Safekeeping account

Counterparty’s account with Delivering Agent

O

Party 2 Format

BIC c

 

Party 2 Identifier

Ordering party’s BIC c

or

Party 2 Format

Name

 

Party 2 Identifier

Ordering party’s name c

 

Deliver Free

 

M

Trade date

 

O

Deal price

 
OSecurities RTGSa

C

Settlement instruction processing additional details

NCBO/name of final beneficiary if transaction entails no change in beneficial owner

M

Place of trade type


Code


P. of trade identifier 

EXCH – Stock exchange

or

OTCO - Over the counter


P. of trade identificationb 

XLON (for London Stock Exchange)

or

XSES (for Singapore Stock Exchange)

C

 Sec.transaction type

 

M

Beneficial ownership

‘No change in beneficial owner’ - unticked or ‘Change in beneficial owner’- ticked, as applicable


Receiving settlement parties


M

Depository Format

BIC

 

Depository Identifier

CDPLSGSGXXX

M

Party 1 Format

BIC c

 

Party 1 Identifier

Counterparty’s BIC c

or

Party 1 Format

Name c

 

Party 1 Identifier

Counterparty’s name c

d

Party 1 Safekeeping account

Counterparty’s account with Receiving Agent

O

Party 2 Format

BIC c

 

Party 2 Identifier

Beneficiary’s BIC c

or

Party 2 Format

Name

 

Party 2 Identifier

Beneficiary’s name c

 

Deliver Against Payment

 

M

Trade date

 

O

Deal price

 
OSecurities RTGSa

M

Place of trade type


Code


P. of trade identifier 

EXCH – Stock exchange

or

OTCO - Over the counter


P. of trade identificationb 

XLON (for London Stock Exchange)

or

XSES (for Singapore Stock Exchange)

C

 Sec.transaction type

 

Receiving settlement parties


M

Depository Format

BIC

 

Depository Identifier

CDPLSGSGXXX

M

Party 1 Format

BIC c

 

Party 1 Identifier

Counterparty’s BIC c

or

Party 1 Format

Name c

 

Party 1 Identifier

Counterparty’s name c

d

Party 1 Safekeeping account

Counterparty’s account with Receiving Agent

O

Party 2 Format

BIC c

 

Party 2 Identifier

Beneficiary’s BIC c

or

Party 2 Format

Name

 

Party 2 Identifier

Beneficiary’s name c

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

a. For Real-Time Gross Settlement (RTGS) instructions for CDP-eligible instruments only, 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 the place of trade is Singapore Exchange, please use Singapore Stock Exchange.

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

 

M

Trade date

 

O

Deal price

 

M

Sett.transaction cond.

PHYS - Physical


Delivering settlement parties


M

Depository Format

Country Code

 

Depository Identifier

SG - Singapore Physical

M

Party 1 Format

BIC a

 

Party 1 Identifier

Counterparty’s BIC a

or

Party 1 Format

Name a

 

Party 1 Identifier

Counterparty’s name a

O

Party 2 Format

BIC a

 

Party 2 Identifier

Ordering party’s BIC a

or

Party 2 Format

Name

 

Party 2 Identifier

Ordering party’s name a

O

Party 2 Safekeeping account

Ordering party’s account

 


Deliver Free

 

M

Trade date

 

O

Deal price

 

M

Sett. transaction cond.

PHYS - Physical


Receiving settlement parties


M

Depository Format

Country Code

 

Depository Identifier

SG - Singapore Physical

M

Party 1 Format

BIC a

 

Party 1 Identifier

Counterparty’s BIC a

or

Party 1 Format

Name a

 

Party 1 Identifier

Counterparty’s name a

O

Party 2 Format

BIC a

 

Party 2 Identifier

Beneficiary’s BIC a

or

Party 2 Format

Name

 

Party 2 Identifier

Beneficiary’s name a

O

Party 2 Safekeeping account

Beneficiary’s account

------------------------------------------
a. If no BIC exists for the Delivering/Receiving Agent or Seller/Buyer, the Name 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

 

M

Trade date

 

O

Deal price

 

C

Settlement instruction processing additional details

NCBO/name of final beneficiary if transaction entails no change in beneficial owner

M

Beneficial ownership

‘No change in beneficial owner’ - unticked or ‘Change in beneficial owner’- ticked, as applicable


Delivering settlement parties


M

Depository Format

BIC

 

Depository Identifier

MASGSGSM

M

Party 1 Format

BIC a

 

Party 1 Identifier

Counterparty’s BIC a

or

Party 1 Format

Name a

 

Party 1 Identifier

Counterparty’s name a

Ob

Party 1 Safekeeping account

Counterparty’s account with Delivering Agent

O

Party 2 Format

BICa

 

Party 2 Identifier

Ordering party’s BICa

or

Party 2 Format

Name

 

Party 2 Identifier

Ordering party’s namea

 


Receive Against Payment

 

M

Trade date

 

O

Deal price

 

Delivering settlement parties


M

Depository Format

BIC

 

Depository Identifier

MASGSGSM

M

Party 1 Format

BIC a

 

Party 1 Identifier

Counterparty’s BIC a

or

Party 1 Format

Name a

 

Party 1 Identifier

Counterparty’s name a

Ob

Party 1 Safekeeping account

Counterparty’s account with Delivering Agent

O

Party 2 Format

BICa

 

Party 2 Identifier

Ordering party’s BIC a

or

Party 2 Format

Name

 

Party 2 Identifier

Ordering party’s namea

 


Deliver Free

 

M

Trade date

 

O

Deal price

 

C

Settlement instruction processing additional details

NCBO/name of final beneficiary if transaction entails no change in beneficial owner

M

Beneficial ownership

‘No change in beneficial owner’ - unticked or ‘Change in beneficial owner’- ticked, as applicable


Receiving settlement parties


M

Depository Format

BIC

 

Depository Identifier

MASGSGSM

M

Party 1 Format

BIC a

 

Party 1 Identifier

Counterparty’s BIC a

or

Party 1 Format

Name a

 

Party 1 Identifier

Counterparty’s name a

Ob

Party 1 Safekeeping account

Counterparty’s account with Receiving Agent

O

Party 2 Format

BICa

 

Party 2 Identifier

Beneficiary’s BIC a

or

Party 2 Format

Name

 

Party 2 Identifier

Beneficiary’s name a

 


Deliver Against Payment

 

M

Trade date

 

O

Deal price

 

Receiving settlement parties


M

Depository format

BIC

 

Depository Identifier

MASGSGSM

M

Party 1 Format

BIC a

 

Party 1 Identifier

Counterparty’s BIC a

or

Party 1 Format

Name a

 

Party 1 Identifier

Counterparty’s name a

Ob

Party 1 Safekeeping account

Counterparty’s account with Receiving Agent

O

Party 2 Format

BICa

 

Party 2 Identifier

Beneficiary’s BICa

or

Party 2 Format

Name

 

Party 2 Identifier

Beneficiary’s namea

------------------------------------------
a. If no BIC exists for the Delivering/Receiving Agent or Seller/Buyer, the Name 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.