Instruction specifications - Xact Web Portal - Direct link to SIX SIS - Switzerland

Market Coverage | Xact Web Portal | Switzerland

Reference

Service level

CBL | 6-series account

Last Updated

05.06.2026

This page contains Governing Information.

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

Book-entry transactions

	Receive Free
M	Trade date
	Delivering settlement parties
M	Depository Format	BIC
	Depository Identifier	INSECHZZXXX
M	Party 1 Format	BIC
	Party 1 Identifier	counterparty's BIC
or	Party 1 Format	Proprietary
	Party 1 Issuer	SCOM
	Party 1 Identifier	counterparty's BPID code ^a
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
O	Party 2 Safekeeping account	ordering party's account
	Receive Against Payment
M	Trade date
	Delivering settlement parties
M	Depository Format	BIC
	Depository Identifier	INSECHZZXXX
M	Party 1 Format	BIC
	Party 1 Identifier	counterparty's BIC
or	Party 1 Format	Proprietary
	Party 1 Issuer	SCOM
	Party 1 Identifier	counterparty's BPID code ^a, b
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
O	Party 2 Safekeeping account	ordering party's account
	Deliver Free
M	Trade Date
M	Depository Format	BIC
	Depository Identifier	INSECHZZXXX
M	Party 1 Format	BIC
	Party 1 Identifier	counterparty's BIC
or	Party 1 Format	Proprietary
	Party 1 Issuer	SCOM
	Party 1 Identifier	counterparty's BPID code ^a
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
O	Party 2 Safekeeping account	beneficiary's account
	Deliver Against Payment
M	Trade date
	Receiving settlement parties
M	Depository Format	BIC
	Depository Identifier	INSECHZZXXX
M	Party 1 Format	BIC
	Party 1 Identifier	counterparty's BIC
or	Party 1 Format	Proprietary
	Party 1 Issuer	SCOM
	Party 1 Identifier	counterparty's BPID code ^{a, b}
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
O	Party 2 Safekeeping account	beneficiary's account

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a. The format of the Business Partner Identification (BPID) code is ccxxxxxx (where cc is the ISO country code), which identifies the counterparty account at SIS.

b. For settlement in EUR, the clients are required to use Party 1 format BIC.

Settlement in T2S

	Receive Free
M	Settlement instruction processing additional details	Settlement via T2S ^d
O	Common ID ^a
M	Trade date
O	Deal price
O	Trade transaction cond.	XCPN Ex Coupon or CCPN - Cum Coupon ^e
O	Sett. transaction cond.	NOMC - No Automatic Market Claim ^e
	Delivering settlement parties
M	Depository Format	BIC
	Depository Identifier	INSECHZZXXX ^b
M	Party 1 Format	BIC
	Party 1 Identifier	counterparty’s BIC
O	Party 1 Safekeeping account ^a	counterparty's account in T2S
O	Party 2 Format ^f	BIC
	Party 2 Identifier	ordering party’s BIC
or	Party 2 Format	Name
	Party 2 Identifier	ordering party’s name
or	Party 2 Format ^f	Proprietary
	Party 2 Issuer	ordering party's proprietary (DSS) code
	Party 2 Identifier	Buyer’s BIC, Name or Proprietary value
O	Party 2 Safekeeping account	ordering party’s account
	Receive against payment
O	Common ID ^a
M	Trade date
O	Deal price
O	Trade transaction cond.	XCPN Ex Coupon or CCPN - Cum Coupon ^e
O	Sett. transaction cond.	NOMC - No Automatic Market Claim ^e
	Delivering settlement parties
M	Depository Format	BIC
	Depository Identifier	INSECHZZXXX ^b
M	Party 1 Format	BIC
	Party 1 Identifier	counterparty’s BIC
O	Party 1 Safekeeping account ^a	counterparty's account in T2S
O	Party 2 Format ^f	BIC
	Party 2 Identifier	ordering party’s BIC
or	Party 2 Format	Name
	Party 2 Identifier	ordering party’s name
or	Party 2 Format ^f	Proprietary
	Party 2 Issuer	ordering party's proprietary (DSS) code
	Party 2 Identifier	Buyer’s BIC, Name or Proprietary value
O	Party 2 Safekeeping account	ordering party’s account

	Deliver free
M	Settlement instruction processing additional details	Settlement via T2S ^d
O	Common ID ^a
M	Trade date
O	Deal price
O	Trade transaction cond.	XCPN Ex Coupon or CCPN - Cum Coupon ^e
O	Sett. transaction cond.	NOMC - No Automatic Market Claim ^e
	Receiving settlement parties
M	Depository Format	BIC
	Depository Identifier	INSECHZZXXX ^b
M	Party 1 Format	BIC
	Party 1 Identifier	counterparty’s BIC
O	Party 1 Safekeeping account ^a	counterparty's account in T2S
O	Party 2 Format ^f	BIC
	Party 2 Identifier	beneficiary’s BIC
or	Party 2 Format	Name
	Party 2 Identifier	beneficiary’s name
or	Party 2 Format ^f	Proprietary
	Party 2 Issuer	beneficiary’s proprietary (DSS)code
	Party 2 Identifier	Seller’s BIC, Name or Proprietary value
O	Party 2 Safekeeping account	beneficiary’s account
	Deliver against payment
O	Common ID ^a
M	Trade date
O	Deal price
O	Trade transaction cond.	XCPN Ex Coupon or CCPN - Cum Coupon ^e
O	Sett. transaction cond.	NOMC - No Automatic Market Claim ^e
	Receiving settlement parties
M	Depository Format	BIC
	Depository Identifier	INSECHZZXXX ^b
M	Party 1 Format	BIC
	Party 1 Identifier	counterparty’s BIC
O	Party 1 Safekeeping account ^a	counterparty's account in T2S
O	Party 2 Format ^f	BIC
	Party 2 Identifier	beneficiary’s BIC
or	Party 2 Format	Name
	Party 2 Identifier	beneficiary’s name
or	Party 2 Format ^f	Proprietary
	Party 2 Issuer	beneficiary’s proprietary (DSS) code
	Party 2 Identifier	Seller’s BIC, Name or Proprietary value
O	Party 2 Safekeeping account	beneficiary’s account

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a. Optional matching fields.
b. For cross-border transactions, the Place of Settlement must contain the BIC of the counterparty’s CSD.
c. This optional matching field will be forwarded as received. T2S will only match if provided with a BIC or proprietary code.
d. Mandatory if free of payment instruction is to settle in T2S. For the instructions via the Xact Portal, some manual intervention might be required from CBL to repair such instruction. Please contact Client service in case of issues.
e. Additional matching fields.
f. The BUYR/SELL field is optional in T2S, and also in CBL for this direct link to SIX SIS.