Instruction specifications - Xact via Swift and Xact File Transfer – CEU OneClearstream - Mexico
Reference
In the following tables, M=Mandatory; O=Optional; C=Conditional; Seq=Swift Message (sub)sequence.
MT540 Receive Free / MT541 Receive against Payment
M | :97A: | :SAFE | //CEU 8-digit account format | |
O | :20C: | COMM | //Common reference a | |
M | :98a: | :TRAD | //Trade date/time | B |
C | :70E: | :SPRO | // f | |
C | :22F: | :BENE | //NBEN as required b | |
M | :95P: | :PSET | //INDEMXMMXXX | E1 |
M | :95P: | :DEAG | //Counterparty's BIC | |
O | :97A: | :SAFE | //xxxx c | |
M | :95P: | :DECU | //Ordering party's BIC if different from DEAG d Or 95Q::DECU//Ordering party name if different from DEAG (if BIC does not exist) | |
M | :95Q: | :SELL | //UNKNOWN e | |
M | :97A: | :SAFE | Ordering party account d |
a. The Common Reference may be populated based on market practices and in coordination with local counterparties.
b. To be included in the following cases:
- For Receive Free and Deliver Free transactions between client proprietary accounts or between accounts of the same beneficiary held with different global custodians; or
- For Receive Free and Deliver Free transactions related to creation and cancellation of ADRs.
c. If this field is populated, it must be populated with respective broker code at Indeval for settlement and the counterparty’s BIC will not be forwarded to the depository. Only the 4-digit respective broker code at Indeval for settlement will be forwarded to the depository. (forwarded as 95R::DEAG/INDE/XXXX where XXXX is 4-digit respective broker code at Indeval for settlement).
If this field is not populated, the counterparty’s BIC will be forwarded to the depository.
When trading foreign securities via the International Quotation System (SIC) the following values must be used: Indeval’s BIC is INDEMXMM, broker code is 5200
d. For the settlement of transactions with foreign securities traded through the SIC, the BIC of depository at Indeval must be instructed in field :95P::RECU or DECU// and Account of depository at Indeval must be populated in field :97A::SAFE//1XXXX.
e. 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.
f. For Receive Free and Deliver Free transactions related to securities lending, the following wording should be included: /FREE /LOANDIN or /FREE /LOANDOUT/
MT542 Deliver Free / MT543 Deliver against Payment
M | :97A: | :SAFE | //CEU 8-digit account format | |
O | :20C: | COMM | //Common reference a | |
M | :98a: | :TRAD | //Trade date/time | B |
C | :70E: | :SPRO | // f | |
C | :22F: | :BENE | //NBEN as required b | |
M | :95P: | :PSET | //INDEMXMMXXX | E1 |
M | :95P: | :REAG | //Counterparty's BIC | |
O | :97A: | :SAFE | //xxxx c | |
M | :95P: | :RECU | //Beneficiary party's BIC if different from REAG d Or 95Q::RECU//Ordering party name if different from REAG (if BIC does not exist) | |
M | :95Q: | :BUYR | //UNKNOWN e | |
M | :97A: | :SAFE | Beneficiary party account d |
a. The Common Reference may be populated based on market practices and in coordination with local counterparties.
b. To be included in the following cases: i. For Receive Free and Deliver Free transactions between client proprietary accounts or between accounts of the same beneficiary held with different global custodians; or ii. For Receive Free and Deliver Free transactions related to creation and cancellation of ADRs.
c. If this field is populated, it must be populated with respective broker code at Indeval for settlement and the counterparty’s BIC will not be forwarded to the depository. Only the 4-digit respective broker code at Indeval for settlement will be forwarded to the depository. (forwarded as 95R::DEAG/INDE/XXXX where XXXX is 4-digit respective broker code at Indeval for settlement).
If this field is not populated, the counterparty’s BIC will be forwarded to the depository.
When trading foreign securities via the International Quotation System (SIC) the following values must be used: Indeval’s BIC is INDEMXMM, broker code is 5200
d. For the settlement of transactions with foreign securities traded through the SIC, the BIC of depository at Indeval must be instructed in field :95P::RECU or DECU// and Account of depository at Indeval must be populated in field :97A::SAFE//1XXXX.
e. 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.
f. For Receive Free and Deliver Free transactions related to securities lending, the following wording should be included: /FREE /LOANDIN or /FREE /LOANDOUT/
