Instruction specifications - Specialist Depository - Xact Web Portal - International (CBL)
Reference
In the following table, M=Mandatory; O=Optional; C=Conditional.
Deliver Free | ||
M | Settlement instruction processing additional details | ‘Redemption’ or ‘Transfer’ as applicable |
O | Trade date |
|
O | Deal price | |
O | Denomination choice | a |
| Receiving settlement parties |
|
M | Depository Format | Country code |
Depository Identifier | 2-character country code | |
M | Party 1 Format | Name |
Party 1 Identifier | counterparty’s name | |
M | Party 2 Format | Name |
Party 2 Identifier | beneficiary’s name | |
Party 2 Safekeeping account | beneficiary’s account | |
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a. All eligible denomination requests will be passed on to the specialised depository, which will execute them on a “best efforts” basis, defined as:
- The specialised depository will deliver the denomination choices requested;
- The specialised depository will deliver whatever lower denominations can satisfy the request.
Delivery of the requested denomination cannot be guaranteed if the instruction is not formatted as above.
