Instruction specifications - CreationOnline - Cyprus
In the following tables, M=Mandatory; O=Optional; C=Conditional.
| Receive Free a | ||
| M | Trade Date | |
| O | Deal Price | |
| M | Place of Settlement | BIC |
| Party | XCYSCY2NXXX - Cyprus | |
| M | Delivering Agent b | BIC c |
| Party | counterparty’s BIC c | |
| Cd | Seller b | BIC |
| Party | ordering party’s BIC | |
| Ce | Account | ordering party’s account |
| Cf | Additional Places: | Type: Place of Trade Code: OTC Trade Narrative: OTC |
Receive Against Payment | ||
| M | Trade Date | |
| O | Deal Price | |
| M | Place of Settlement | BIC |
| Party | XCYSCY2NXXX - Cyprus | |
| M | Delivering Agent b | BIC c |
| Party | counterparty’s BIC c | |
| Cd | Seller b | BIC |
| Party | ordering party’s BIC | |
| Ce | Account | ordering party’s account |
| Cf | Additional Places: | Type: Place of Trade Code: OTC Trade Narrative: OTC |
Deliver Free a | ||
| M | Trade Date | |
| O | Deal Price | |
| M | Place of Settlement | BIC |
| Party | XCYSCY2NXXX - Cyprus | |
| M | Receiving Agent b | BIC c |
| Party | counterparty’s BIC c | |
| Cd | Buyer b | BIC |
| Party | beneficiary’s BIC | |
| Ce | Account | beneficiary’s account |
| Cf | Additional Places: | Type: Place of Trade Code: OTC Trade Narrative: OTC |
Deliver Against Payment | ||
| M | Trade Date | |
| O | Deal Price | |
| M | Place of Settlement | BIC |
| Party | XCYSCY2NXXX - Cyprus | |
| M | Receiving Agent b | BIC c |
| Party | counterparty’s BIC c | |
| Cd | Buyer b | BIC |
| Party | beneficiary’s BIC | |
| Ce | Account | beneficiary’s account |
| Cf | Additional Places: | Type: Place of Trade Code: OTC Trade Narrative: OTC |
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a. Allowed for OTC transactions only.
b. If no BIC exists for the Delivering/Receiving Agent or for the Seller/Buyer, the 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. For settlement with a counterparty outside Citibank, this must be the BIC of the counterparty. For settlement with a counterparty within Citibank, this must be the BIC of Citibank, Athens, CITIGRAA.
d. Mandatory when delivering/receiving agent is Clearstream Banking’s depository Citibank, Athens.
e. Mandatory for transfers of securities between accounts of different customers at Citibank, Athens.
f. Mandatory for OTC trades; otherwise, not applicable.