Operational Information

Instruction specifications - CASCADE Online - CEU - New Zealand

Market Coverage | CASCADE | New Zealand

Reference

Service level
CEU OneClearstream
Last Updated
10.09.2026
This page contains Governing Information.

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

Note: The Swift formats below are those that are recommended by CEU. Ordering parties and beneficiaries can also be specified in other combinations but the counterparty information must contain a BIC11. 

MT542 Deliver Free 

O 

:20C: 

:COMM 

//common reference a 

A1 

M 

:98A: 

:TRAD 

//Trade date 

B 

M 

:97A: 

:SAFE 

//CEU 8-digit account format 

C 

M 

:95P: 

:PSET 

//DAKVDEFFXXX 

E1 

M 

:95P: 

:REAG 

//RBNZNZ22XXX 

E1 

M 

:95P: 

:REI1 

//Counterparty's BIC 

E1 

C 

:95P: 

:RECU 

//Beneficiary Party's BIC if different from REAG c

Or 

:95Q::RECU// Beneficiary party's name if different from REAG (if BIC does not exist). 

E1 

C 

:95Q: 

:BUYR 

//UNKNOWN b

E1 

C 

:97A: 

:SAFE 

//Beneficiary's account c

E1 

MT543 Delivery against Payment (DvP) 

O 

:20C: 

:COMM 

//common reference a

A1 

M 

:98A: 

:TRAD 

//Trade date 

B 

M 

:97A: 

:SAFE 

//CEU 8-digit account format 

C 

M 

:95P: 

:PSET 

//DAKVDEFFXXX 

E1 

M 

:95P: 

:REAG 

//RBNZNZ22XXX 

E1 

M 

:95P: 

:REI1 

//Counterparty's BIC 

E1 

C 

:95P: 

:RECU 

//Beneficiary Party's BIC if different from REAG c

Or 

:95Q::RECU//Beneficiary's name if different from REAG (if BIC does not exist). 

E1 

C 

:95Q: 

:BUYR 

//UNKNOWN b

E1 

C 

:97A: 

:SAFE 

//Beneficiary's account c

E1 

M 

:19A: 

:SETT 

//Currency, cash equivalent (in NZD) 

E3 

MT540 Receive Free 

O 

:20C: 

:COMM 

//common reference a

A1 

M 

:98A: 

:TRAD 

//Trade date 

B 

M 

:97A: 

:SAFE 

//CEU 8-digit account format 

C 

M 

:95P: 

:PSET 

//DAKVDEFFXXX 

E1 

M 

:95P: 

:DEAG 

//RBNZNZ22XXX 

E1 

M 

:95P: 

:DEI1 

//Counterparty's BIC 

E1 

C 

:95P: 

:DECU 

//Ordering Party`s BIC if different from DEAG c

Or 

:95Q::DECU//Ordering Party's name if different from DEAG (if BIC does not exist). 

E1 

C 

:95Q: 

:SELL 

//UNKNOWN b

E1 

C 

:97A: 

:SAFE 

//Ordering Party's account c

E1 

MT541 Receipt against Payment (RvP) 

O 

:20C: 

:COMM 

//common reference a

A1 

M 

:98A: 

:TRAD 

//Trade date 

B 

M 

:97A: 

:SAFE 

//CEU 8-digit account format 

C 

M 

:95P: 

:PSET 

//DAKVDEFFXXX 

E1 

M 

:95P: 

:DEAG 

//RBNZNZ22XXX 

E1 

M 

:95P: 

:DEI1 

//Counterparty's BIC  c

E1 

C 

:95P: 

:DECU 

//Ordering Party's BIC if different from DEAG 

Or 

:95Q::DECU//Ordering Party's name if different from DEAG (if BIC does not exist). 

E1 

C 

:95Q: 

:SELL 

//UNKNOWN b

E1 

C 

:97A: 

:SAFE 

//Ordering Party's account c

E1 

M 

:19A: 

:SETT 

//Currency, cash equivalent (in NZD) 

E3 

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

a. The Common Reference may be populated based on market practices and in coordination with local counterparties.  
b. Please note: If the SAFE field is filled, the UNKNOWN value must also be completed. Furthermore, if both SAFE and UNKNOWN are filled, then the DECU field is also required.  
c. For instructions with a BNP counterparty, these fields are mandatory. The Seller/Buyer’s BIC must be PARBAU2SLCC and the account must be the BNP account of the ordering party/beneficiary. Otherwise, these fields are optional.   

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