Instruction specifications - Xact Web Portal - Mexico
In the following tables, M=Mandatory; O=Optional; C=Conditional.
Receive free
M | Trade date | |
O | Deal price a | |
| C | Beneficial ownership b | Unticked (no change of beneficial owner) |
Delivering settlement parties | ||
M | Depository Format | BIC |
Depository Identifier | INDEMXMMXXX | |
M | Party 1 Format | BIC |
Party 1 Identifier c | counterparty’s BIC | |
or | Party 1 Format | Indeval |
Party 1 Identifier | counterparty’s Indeval account | |
M | 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 | |
M | Party 2 Safekeeping account | ordering party’s account |
| C | Settlement instructions processing additional details | /d |
Receive Against Payment | ||
M | Trade date | |
O | Deal price | |
Delivering settlement parties | ||
M | Depository Format | BIC |
Depository Identifier | INDEMXMMXXX | |
M | Party 1 Format | BIC |
Party 1 Identifier c | counterparty’s BIC | |
or | Party 1 Format | Indeval |
Party 1 Identifier | counterparty’s Indeval account | |
M | 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 | |
M | Party 2 Safekeeping account | ordering party’s account |
Deliver Free | ||
M | Trade date | |
O | Deal price a | |
| C | Beneficial ownership b | Unticked (no change of beneficial owner) |
Receiving settlement parties | ||
M | Depository Format | BIC |
Depository Identifier | INDEMXMMXXX | |
M | Party 1 Format | BIC |
Party 1 Identifier c | counterparty’s BIC | |
or | Party 1 Format | Indeval |
Party 1 Identifier | counterparty’s Indeval account | |
M | 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 | |
M | Party 2 Safekeeping account | beneficiary’s account |
| C | Settlement instructions processing additional details | / d |
Deliver Against Payment | ||
M | Trade date | |
O | Deal price | |
Receiving settlement parties | ||
M | Depository Format | BIC |
Depository Identifier | INDEMXMMXXX | |
M | Party 1 Format | BIC |
Party 1 Identifier c | counterparty’s BIC | |
or | Party 1 Format | Indeval |
Party 1 Identifier | counterparty’s Indeval account | |
M | 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 | |
M | Party 2 Safekeeping account | beneficiary’s account |
a. When applicable and in the absence of this field, Citibanamex will use the security’s closing market price on the actual settlement date to determine the gain or loss in free of payment operations. Citibanamex will obtain this information from our price vendor (PIP) and the corresponding withholding tax will be applied.
b. To be included in the following cases:
- For Receive Free and Deliver Free transactions between customer 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. When trading securities on the SIC market, Indeval’s BIC or local code must be included in the respective field (BIC: INDEMXMM or local code: 5200)
d. For Receive Free and Deliver Free transactions related to securities lending, the following wording should be included:/LOANDIN/ or /LOANDOUT/