Instruction specifications - Xact Web Portal - CEU OneClearstream - Canada
Reference
In the following tables, M=Mandatory; O=Optional; C=Conditional.
Receive Free and Receive Against Payment
Counterparty in CDS | ||
M | Safekeeping Account | |
M | Trade date | |
O | Common ID a | |
Delivering settlement parties | ||
M | Depository Format | BIC |
Depository Identifier | CDSLCATTXXX | |
M | Party 1 Format | BIC |
Party 1 Identifier | counterparty's BIC 11 | |
O | Party 1 Safekeeping account | CUID number a |
O | Party 2 Format | BIC |
Part 2 Identifier | Ordering party's BIC | |
C | Party 3 Format | Name |
Party 3 Identifier | UNKNOWN | |
C | Party 3 Safekeeping account | Ordering party account |
Deliver Free and Deliver Against Payment
Counterparty in CDS | |||
M | Safekeeping Account | ||
M | Trade date | ||
O | Common ID a | ||
Receiving settlement parties | |||
M | Depository Format | BIC | |
Depository Identifier | CDSLCATTXXX | ||
M | Party 1 Format | BIC | |
Party 1 Identifier | counterparty's BIC 11 | ||
O | Party 1 Safekeeping account | CUID number b | |
O | Party 2 Format | BIC | |
Part 2 Identifier | Beneficiary BIC | ||
C | Party 3 Format | Name | |
Party 3 Identifier | UNKNOWN | ||
C | Party 3 Safekeeping account | Beneficiary account c | |
------------------------------------------
a. The Common Reference may be populated based on market practices and in coordination with local counterparties.
b. Party 1 Safekeeping Account must populated together with Party 1 BIC, it must be populated with CUID number of the counterparty. Counterparty's BIC will not be forwarded to the depository. Only the CUID number will be forwarded to the depository.
c. If the counterparty is a financial institution or a bank, the account must be provided. The absence of the account in such cases may lead to settlement delays.
Receive Free
Counterparty in DTC | ||
M | Safekeeping Account | |
M | Trade date | |
O | Common ID a | |
Delivering settlement parties | ||
M | Depository Format | BIC |
Depository Identifier | CDSLCATTXXX | |
M | Party 1 Format | BIC |
Party 1 Identifier | DETCUS33XXX | |
O | Party 1 Safekeeping account | DTCC b |
M | Party 2 Format | BIC |
Part 2 Identifier | DTC Participant BIC | |
O | Party 2 Safekeeping account | Ordering party account c |
Deliver Free
Counterparty in DTC | |||
M | Safekeeping Account | ||
M | Trade date | ||
O | Common ID a | ||
Receiving settlement parties | |||
M | Depository Format | BIC | |
Depository Identifier | CDSLCATTXXX | ||
M | Party 1 Format | BIC | |
Party 1 Identifier | DETCUS33XXX | ||
O | Party 1 Safekeeping account | DTCC b | |
M | Party 2 Format | BIC | |
Part 2 Identifier | DTC participant BIC | ||
C | Party 2 Safekeeping account | Beneficiary account c | |
------------------------------------------
a. The Common Reference may be populated based on market practices and in coordination with local counterparties.
b. Party 1 Safekeeping Account must populated together with Party 1 BIC, it must be populated with value DTCC. Counterparty's BIC will not be forwarded to the depository. Only the “DTCC” will be forwarded to the depository.
c. It is recommended to include the receiving account number to ensure that the receiving participant can recognise the delivery and settlement failure can be avoided.
Additional Party 3 is only required if there is a Beneficiary account to be specified, If no Beneficiary account to be mentioned, then 8-digit DTC participant number can be specified in Party 2.
