Instruction specifications - Xact Web Portal - Denmark

29.11.2018

Transactions settling in T2S

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

Receive Against Payment

M

Trade date

Ca

Deal price

 

 

Delivering settlement parties

 

M

Depository Format

BIC

 

Depository Identifier

VPDKDKKKXXX

M

Party 1 Format

BIC

 

Party 1 Identifier

counterparty’s BIC

O

Party 1 Safekeeping account b

counterparty’s account in T2S

A

Party 2 Format

BIC

 

Party 2 Identifier

ordering party’s BIC

or

Party 2 Format

Name

 

Party 2 Identifier

ordering party’s name

or

Party 2 Format b

Proprietary

 

Party 2 Issuer

ordering party’s proprietary (DSS) code

 

Party 2 Identifier

ordering party’s proprietary value

O

Party 2 Safekeeping account

ordering party's account

 

Receiving settlement parties

 

O

Depository Format

BIC

 

Depository Identifier

BIC of receiving settlement party depository

O

Party 1 Format

BIC

 

Party 1 Identifier

CEDELLULLXXX

 

Party 1 Safekeeping account

(T2S SAC number)

SICVCEDELLULLXXX000L10

A

Party 2 Format

Format: BIC, Name or Proprietary

 

Party 2 Issuer

If Format is Proprietary:

Buyer’s proprietary (DSS) code

 

Party 2 Identifier

Buyer’s BIC or Name or Proprietary value

 

Deliver Against Payment

M

Trade date

 

Receiving settlement parties

 

M

Depository Format

BIC

 

Depository Identifier

VPDKDKKKXXX

M

Party 1 Format

BIC

 

Party 1 Identifier

counterparty’s BIC

O

Party 1 Safekeeping account b

counterparty’s account in T2S

A

Party 2 Format

BIC

 

Party 2 Identifier

beneficiary's BIC

or

Party 2 Format

Name

 

Party 2 Identifier

beneficiary's name

or

Party 2 Format b

Proprietary

 

Party 2 Issuer

beneficiary’s proprietary (DSS) code

 

Party 2 Identifier

beneficiary’s proprietary value

O

Party 2 Safekeeping account

beneficiary's account

 

Delivering settlement parties

 

O

Depository Format

BIC

 

Depository Identifier

BIC of delivering settlement party depository

O

Party 1 Format

BIC

 

Party 1 Identifier

CEDELLULLXXX

 

Party 1 Safekeeping account

(T2S SAC number)

SICVCEDELLULLXXX000L10

A

Party 2 Format

Format: BIC, Name or Proprietary

 

Party 2 Issuer

If Format is Proprietary:

Seller’s proprietary (DSS) code

 

Party 2 Identifier

Seller’s BIC or Name or Proprietary value

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a. This optional matching field will be forwarded as received. T2S will only match if provided with a BIC or proprietary code. If not present, Clearstream will default the customer’s matching BIC for the instructing account (refer to Announcement A16033).
b. Optional matching fields.

Transactions settling in the VP system

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

 

Receive Free

M

Trade date

 

O

Deal price

 

 

Delivering settlement parties

 

M

Depository Format

BIC

 

Depository Identifier

VPDKDKKKXXX

M

Party 1 Format

Proprietary

 

Party 1 Issuer

VPDK

 

Party 1 Identifier

counterparty's VP code (format nnnnn) a

or

Party 1 Format

BIC

 

Party 1 Identifier

counterparty's BIC b

or

Party 1 Format

Name (if BIC does not exist or VP code not available)

 

Party 1 Identifier

counterparty's name

Cc

Party 1 Safekeeping account

Account of counterparty at CSD Participant specified in Delivering Agent

O

Party 2 Format

BIC

 

Party 2 Identifier

ordering party’s BIC

or

Party 2 Format

Name (if BIC does not exist)

 

Party 2 Identifier

ordering party’s name

Cc

Party 2 Safekeeping account

ordering party’s account

 



Receive Against Payment

M

Trade date

 

O

Deal price

 

 

Delivering settlement parties

 

M

Depository Format

BIC

 

Depository Identifier

VPDKDKKKXXX

M

Party 1 Format

Proprietary

 

Party 1 Issuer

VPDK 

 

Party 1 Identifier

counterparty's VP code (format nnnnn) a

or

Party 1 Format

BIC

 

Party 1 Identifier

counterparty's BIC b

or

Party 1 Format

Name (if BIC does not exist or VP code not available)

 

Party 1 Identifier

counterparty's name

Cc

Party 1 Safekeeping account

Account of counterparty at CSD Participant specified in Delivering Agent

O

Party 2 Format

BIC

 

Party 2 Identifier

ordering party’s BIC

or

Party 2 Format

Name (if BIC does not exist)

 

Party 2 Identifier

ordering party’s name

Cc

Party 2 Safekeeping account

ordering party’s account

 



Deliver Free

M

Trade date

 

O

Deal price

 

 

Receiving settlement parties

 

M

Depository Format

BIC

 

Depository Identifier

VPDKDKKKXXX

M

Party 1 Format

Proprietary

 

Party 1 Issuer

VPDK

 

Party 1 Identifier

counterparty's VP code (format nnnnn) a

or

Party 1 Format

BIC

 

Party 1 Identifier

counterparty's BIC b

or

Party 1 Format

Name (if BIC does not exist or VP code not available)

 

Party 1 Identifier

counterparty's name

Cc

Party 1 Safekeeping account

Account of counterparty at CSD Participant specified in Receiving Agent

O

Party 2 Format

BIC

 

Party 2 Identifier

beneficiary's BIC

or

Party 2 Format

Name (if BIC does not exist)

 

Party 2 Identifier

beneficiary’s name

Cc

Party 2 Safekeeping account

beneficiary’s account

 



Deliver Against Payment

M

Trade date

 

O

Deal price

 

 

Receiving settlement parties

 

M

Depository Format

BIC

 

Depository Identifier

VPDKDKKKXXX

M

Party 1 Format

Proprietary

 

Party 1 Issuer

VPDK

 

Party 1 Identifier

counterparty's VP code (format nnnnn) a

or

Party 1 Format

BIC

 

Party 1 Identifier

counterparty's BIC b

or

Party 1 Format

Name (if BIC does not exist or VP code not available)

 

Party 1 Identifier

counterparty's name

Cc

Party 1 Safekeeping account

Account of counterparty at CSD Participant specified in Receiving Agent

O

Party 2 Format

BIC

 

Party 2 Identifier

beneficiary's BIC

or

Party 2 Format

Name (if BIC does not exist)

 

Party 2 Identifier

beneficiary’s name

Cc

Party 2 Safekeeping account

beneficiary’s account

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a. VP codes (Participant IDs) are published on http://www.uk.vp.dk/.
b. The counterparty’s agent has the option to set the matching criterion as BIC code or VP code; please check with your counterparty to avoid any delays due to incorrect information in your instruction.
c. If the name option is used for ordering party (on receipts) or beneficiary (on deliveries), the respective account must be provided. If the BIC option is used for ordering party or beneficiary, the respective account must not be provided unless the counterparty is Danske Bank, in which case account is mandatory.