Instruction specifications - Xact via SWIFT and Xact File Transfer - U.S.A.

13.06.2024

In the following tables, M=Mandatory; O=Optional; C=Conditional;
Seq=SWIFT Message (sub)sequence.

Book-entry transactions, counterparties in DTC

MT540Receive FreeSeq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:95P:

:PSET

//DTCYUS33[XXX]

E1

M

:95R:

:DEAG

/DTCYID/Counterparty’s DTC account

O

:95R:

:SELL

/DTCYID/Ordering party’s DTC account

or

:95P:

:SELL

//Ordering party’s BIC (if DTC account does not exist)

or

:95Q:

:SELL

//Ordering party’s name (if DTC account or BIC does not exist)

O

:97A:

:SAFE

//Ordering party’s account



MT541


Receive Against Payment


Seq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:95P:

:PSET

//DTCYUS33[XXX]

E1

M

:95R:

:DEAG

/DTCYID/Counterparty’s DTC account

O

:95R:

:SELL

/DTCYID/Ordering party’s DTC account

or

:95P:

:SELL

//Ordering party’s BIC (if DTC account does not exist)

or

:95Q:

:SELL

//Ordering party’s name (if DTC account or BIC does not exist)

O

:97A:

:SAFE

//Ordering party’s account



MT542


Deliver Free


Seq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:95P:

:PSET

//DTCYUS33[XXX]

E1

M

:95R:

:REAG

/DTCYID/Counterparty’s DTC account

O

:95R:

:BUYR

/DTCYID/Beneficiary’s DTC account

or

:95P:

:BUYR

//Beneficiary’s BIC (if DTC account does not exist)

or

:95Q:

:BUYR

//Beneficiary’s name (if DTC account or BIC does not exist)

O

:97A:

:SAFE

//Beneficiary’s account a


MT543


Deliver Against Payment


Seq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:95P:

:PSET

//DTCYUS33[XXX]

E1

M

:95R:

:REAG

/DTCYID/Counterparty’s DTC account

O

:95R:

:BUYR

/DTCYID/Beneficiary’s DTC account

or

:95P:

:BUYR

//Beneficiary’s BIC (if DTC account does not exist)

or

:95Q:

:BUYR

//Beneficiary’s name (if DTC account or BIC does not exist)

O

:97A:

:SAFE

//Beneficiary’s account a

------------------------------------------
a. Many U.S. counterparties request beneficiary account details and, to avoid settlement failure, customers are strongly urged to provide them.

DWAC transactions in DTC

Note: In order to enable same-day settlement, customers are recommended to encourage their U.S. counterparties to “approve” transactions during local U.S. business hours.

MT540Receive FreeaSeq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:70E:

:SPRO

///shareholder registration named
M

:95P:

:PSET

//DTCYUS33[XXX]

E1

M

:95R:

:DEAG

/DTCYID/3122 b


MT542


Deliver Freea


Seq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

O

:70E:

:SPRO

///shareholder registration named
M

:95P:

:PSET

//DTCYUS33[XXX]

E1

M

:95R:

:REAG

/DTCYID/3122 b
O

:95Q:

:BUYR

//Beneficiary’s name, if different from REAG

------------------------------------------
a. The transfer agent must be contacted to confirm that all the necessary paperwork has been completed before instructing the DWAC.
b. For conversions from Rule 144A into Reg S where Citibank London is acting as transfer agent, customers are requested to provide related instruction references via a free-format message to the Settlement team in charge of the U.S. market at the latest by 18:00 CET on SD-1. Customers are also requested, for conversions involving MMI issues only and where Citibank London is acting as transfer agent, to instruct via DTC counterparty 2952 as per standard book-entry instructions with counterparties in DTC.
c. In the case of a two-sided DWAC (for example, when Reg S tranches are being exchanged for Rule 144A tranches or vice-versa), the counterparty’s name and telephone number must be entered. If Reg S tranches are being exchanged for Rule 144A tranches, customers should make DWAC withdrawal of the Reg S tranche and their counterparty should make DWAC deposit of the Rule 144A tranche. In the case of a one-sided DWAC (used, for example, in conversions), the telephone number must be entered of the transfer agent who can confirm whether all the necessary paperwork has been completed.
d. The shareholder registration name is mandatory only for shares priced at less than 1.00 USD. There is a 78 character limitation for DTC.

DRS transactions in DTC

Note: If the customer has not submitted the necessary paperwork directly to the agent, Citibank will charge a fee of USD 35 per DRS transaction in addition to the standard transaction fee for the U.S.A.

MT540Receive FreeSeq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:70E:

:SPRO

//DRS Request, complete customer registration name, Account number at the Transfer Agent, U.S. Citizen Tax ID (if not applicable, see belowa)b
M

:95P:

:PSET

//DTCYUS33[XXX]

E1

M

:95R:

:DEAG

/DTCYID/DTC DRS Broker Code



MT542


Deliver Free


Seq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:70E:

:SPRO

DRS Request, complete customer registration name, Account number at the Transfer Agent, U.S. Citizen Tax ID (if not applicable, see belowa)b
M

:95P:

:PSET

//DTCYUS33[XXX]

E1

M

:95R:

:REAG

/DTCYID/3199

M

:70D:

:REGI

//Name of the person or company to be registered/street/
town and post code/country

------------------------------------------
a. The Tax ID number is only required if the registered owner is a U.S. citizen; otherwise, “TAX ID 999999999” must be entered.
b. A comma separator (,) must be present between each item and the order of details must be followed; otherwise, the instruction may be subject to settlement delays or rejection.

Book-entry transactions, counterparties in Federal Reserve Bank Book Entry system (FBE), including instruments formerly settled in the DTC MBS division

MT540Receive FreeSeq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:95P:

:PSET

//FRNYUS33[XXX]

E1

M

:95R:

:DEAG

/USFW/Counterparty’s ABA number

M

:97A:

:SAFE

//Ordering party’s mnemonic, as per wire address

O

:95P:

:SELL

//Ordering party’s BIC

or

:95Q:

:SELL

//Ordering party’s name (if BIC does not exist)

O

:97A:

:SAFE

//Ordering party’s account



MT541


Receive Against Payment


Seq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:95P:

:PSET

//FRNYUS33[XXX]

E1

M

:95R:

:DEAG

/USFW/Counterparty’s ABA number

M

:97A:

:SAFE

//Ordering party’s mnemonic, as per wire address

O

:95P:

:SELL

//Ordering party’s BIC

or

:95Q:

:SELL

//Ordering party’s name (if BIC does not exist)

O

:97A:

:SAFE

//Ordering party’s account



MT542


Deliver Free


Seq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:95P:

:PSET

//FRNYUS33[XXX]

E1

M

:95R:

:REAG

/USFW/Counterparty’s ABA number

M

:97A:

:SAFE

//Beneficiary’s mnemonic, as per wire address

O

:95P:

:BUYR

//Beneficiary’s BIC

or

:95Q:

:BUYR

//Beneficiary’s name (if BIC does not exist)

O

:97A:

:SAFE

//Beneficiary’s account a


MT543


Deliver Against Payment


Seq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:95P:

:PSET

//FRNYUS33[XXX]

E1

M

:95R:

:REAG

/USFW/Counterparty’s ABA number

M

:97A:

:SAFE

//Beneficiary’s mnemonic, as per wire address

O

:95P:

:BUYR

//Beneficiary’s BIC

or

:95Q:

:BUYR

//Beneficiary’s name (if BIC does not exist)

O

:97A:

:SAFE

//Beneficiary’s account a

------------------------------------------
a. Many U.S. counterparties request beneficiary account details and, to avoid settlement failure, customers are strongly urged to provide them.

Physical transactions

MT540

Receive Free

Seq

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:70E:

:SPRO

//Physical deposit

 

M

:95C:

:PSET

//US

E1

M

:95R:

:DEAG

/DTCYID/3109

 

O

:95Q:

:SELL

//Ordering party’s name, if different from DEAG

 
 



MT541



Receive Against Payment



Seq

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:70E:

:SPRO

//Physical deposit/certificate numbers to receive and
delivering party's name and address details

 

M

:22F:

:STCO

//PHYS

E

M

:95C:

:PSET

//US

E1

M

:95Q:

:DEAG

//Delivering party's broker code

 

O

:95Q:

:SELL

//Ordering party’s name, if different from DEAG

 
 



MT542



Deliver Free



Seq

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:70E:

:SPRO

//Name of company/contact name/telephone number/street/
town and post code/name of country a

 

M

:22F:

:STCO

//PHYS

E

M

:95C:

:PSET

//US

E1

M

:95Q:

:REAG

// b

 

O

:97A:

:SAFE

// c

 

M

:70D:

:REGI

//Name of person or company to be registered/street/
town and post code/name of country a,d

 
 



MT543



Deliver Against Payment



Seq

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:22F:

:STCO

//PHYS

E

M

:95C:

:PSET

//US

E1

M

:95Q:

:REAG

// b

 

O

:97A:

:SAFE

// d

 

M

:70D:

:REGI

//Name of person or company to be registered/street/
town and post code/name of country a,e

 

------------------------------------------
a. The slash character (/) must be present between each item; otherwise, the instruction will be rejected.
b. 3198 or physical delivery; 3199 for DTC withdrawal.
c. Only required for deliveries to U.S. counterparties.
d. If the customer wants to have the physical delivery registered into Citibank’s nominee, “Citibank Nominee” must be quoted; otherwise, the name and full address of the person or company to be registered must be entered.