Xact Web Portal: Enhanced user interface for cash - Update III

Note: This announcement, originally published on 6 November 2025, and updated on 14 November 2025, 18 December 2025 and 25 February 2026, has been further updated with a new implementation date for Cash File Upload.

Clearstream¹ informs clients about the upcoming changes to the user interface in Xact Web Portal, effective business day

Monday, 24 November 2025

Background

As Clearstream continues its journey to improve the user experience in Xact Web Portal, we are pleased to inform clients of the upcoming features and changes to the tool.

In this upcoming release, Clearstream will introduce a new user interface and experience for the Cash section in Xact Web Portal, comprising cash instructions and cash balances. These changes will improve the experience of users to manage their cash activity and enhance Xact Web Portal’s conformity with the ISO 20022 standard.

Xact Web Portal / Cash & Liquidity / Cash

Cash instructions

Users will be able to query, monitor and create cash instructions, benefiting from an enhanced user experience and a more user-friendly layout.

The following new and renamed fields will be introduced as part of Clearstream’s ongoing alignment with Swift ISO 20022, in accordance with CBPR+ guidelines:

• Instruction details – “Instruction for Creditor Agent” (optional; only available for fund transfers to non-financial institutions and fund transfers to financial Institutions)
• Instruction details – “End-to-End Identification” is now mandatory for “Funds Transfer” “To financial institution” as well as “To non-financial institution”
• Instruction details – “Instruction for Next Agent” (optional; renamed from “Details of payment”)
• Cash Parties – “Identifier” format “Name” is split and renamed to “Name” and “Address”.
  • “Identifier” field corresponds to “Name”
  • The “Address” field can be filled with “Not Provided” if the address is not available.
• Cash Parties – “Account”/” Clearing” field is separated into “Account Identifier and Clearing ID”
  • For the “Account Identifier” field, “Account” or “IBAN” format can be chosen from the new “Account format” field.
  • The “Clearing ID” field is conditional mandatory if a “Clearing Code” is selected from the dropdown (the “Clearing Code” field remains optional). If no Clearing Code is selected, the field is disabled.
  • The “Clearing Code” and “Clearing ID” fields are disabled for Internal Transfer and Pre-advice of Funds
  • New format for “Clearing Code” is 5-letters, as per below table (“RT” remains unchanged)

    Country	Code Name	Old Clearing Code	New Clearing Code
    Australia	Australian Bank State Branch Code (BSB)	AU	AUBSB
    Austria	Austrian Bankleitzahl	AT	ATBLZ
    Canada	Canadian Payments Association Payment Routing Number	CC	CACPA
    China	Bank Branch code used in China	CN	CNAPS
    Germany	German Bankleitzahl	BL	DEBLZ
    Greece	Hellenic Bank Identification Code	GR	GRBIC
    Hong Kong	Hong Kong Bank Code	HK	HKNCC
    India	Indian Financial System Code	IN	INFSC
    Ireland	Irish National Clearing Code	IE	IENCC
    Italy	Italian Domestic Identification Code	IT	ITNCC
    Japan	Japan Zengin Clearing Code	JP	JPZGN
    New Zealand	New Zealand National Clearing Code	NZ	NZNCC
    Poland	Polish National Clearing Code	PL	PLKNR
    Portugal	Portuguese National Clearing Code	PT	PTNCC
    Russia	Russian Central Bank Identification Code	RU	RUCBC
    South Africa	South African National Clearing Code	ZA	ZANCC
    Spain	Spanish Domestic Interbanking Code	ES	ESNCC
    Switzerland	Swiss Clearing Code (BC code)	SW	CHBCC
    Switzerland	Swiss Clearing Code (SIC Code)	SW	CHSIC
    Taiwan	Financial Institution Code	TW	TWNCC
    UK	UK Domestic Sort Code	SC	GBDSC
    US	CHIPS Participant Identifier	CP	USPID
    US	United States Routing Number	FW	USABA

  • For the Clearing Code “RT”, the “Clearing ID” is disabled.
• New Cash Parties (optional; only available for fund transfers to non-financial Institutions). These fields might be required for specific market practices, currencies, and local regulations):
  • “Ultimate Debtor”
  • “Ultimate Creditor”
  • “Initiating Party”

Only for “Ultimate Debtor”, “Ultimate Creditor” and “Initiating Party” on fund transfers to non-financial Institutions, the Address field should be populated in the format “Town Name/Country”, with the country in ISO format, two letters only (for example, “Berlin/DE”), in compliance with Swift guidelines. No further address details should be provided.

Following the CBPR+ ISO 20022 Roadmap, “UETR” and “End to End Identification” fields will remain Optional until the end of the coexistence period in November 2028 for “Pre-advice of funds” instruction type. While the use of these fields is optional, Clearstream highly recommends clients to use a unique reference in the End-to-End Identification or UETR fields to ensure Straight-Through Processing (STP) of their transactions.

For further convenience, the mandatory and optional fields will be grouped together within each section.

Please note that any cash instruction that is released but not submitted before Friday, 21 November 2025 will need repair in case one of the following fields needs correction:

• “Name” (to be split into “Name” and ”Address”)
• “Clearing ID” to be filled in if “Clearing Code” is filled in.
• End-to-End Identification to be filled if the instruction is a “Funds Transfer”, “To financial institution” or “To non-financial institution”

Cash balances

Users will be able to monitor their cash balances as before on the new and improved “Cash Balances” screen.

These changes are already visible in the client testing environment, giving the users a glimpse of the upcoming changes.

Cash File Upload

Please note that the Cash file upload templates will change, therefore they will have to be downloaded again. The new templates will be available as of Monday, 16 March 2026 from Cash & Liquidity / Cash / Cash File Upload, by selecting "Cash instructions (CSV)" as File Content and clicking the "Download" button.

Further information

For further information, please contact the Clearstream Client Services or your Relationship Manager. Questions related to the technical connection can be addressed to Connectivity Support.

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1. Clearstream refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Europe AG, registered office at Mergenthalerallee 61, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.
Clearstream Banking S.A. is registered as an Australian CS (Overseas) Facility, under subsection 824B(2) of the Corporations Act 2001, with registration number ARBN 675 244 783.