Instruction specifications - Xact via SWIFT and Xact File Transfer - South Korea

04.12.2020

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

MT540Receive FreeSeq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:70E:

:SPRO

///SAFE/Beneficiary’s account at CBL's depositorya
M

:95P:

:PSET

//KSDCKRSE[XXX]

E1

M

:95P:

:DEAG

//Counterparty’s BIC

O

:95P:

:SELL

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

O

:97A:

:SAFE

//Ordering party’s account

MT541Receive Against PaymentbSeq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:70E:

:SPRO

///SAFE/Beneficiary’s account at CBL's depositorya
M

:95P:

:PSET

//KSDCKRSE[XXX]

E1

M

:95P:

:DEAG

//Counterparty’s BIC

O

:95P:

:SELL

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

O

:97A:

:SAFE

//Ordering party’s account

MT542Deliver FreeSeq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:70E:

:SPRO

///SAFE/Ordering party’s account at CBL's depositorya
M

:95P:

:PSET

//KSDCKRSE[XXX]

E1

M

:95P:

:REAG

//Counterparty’s BIC

O

:95P:

:BUYR

//Beneficiary’s BIC, if different from REAG

O

:97A:

:SAFE

//Beneficiary’s account

MT543Deliver Against PaymentSeq
M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

M

:70E:

:SPRO

///SAFE/Ordering party’s account at CBL's depositorya
M

:95P:

:PSET

//KSDCKRSE[XXX]

E1

M

:95P:

:REAG

//Counterparty’s BIC

O

:95P:

:BUYR

//Beneficiary’s BIC, if different from REAG

O

:97A:

:SAFE

//Beneficiary’s account

a. Must be in the first line and the account number must be in the format 002-nnnnnn-421 (where nnnnnn is six digits).
b. CBL customers must select or indicate the “Immediate Release” option in their receipt against payment instructions as outlined in the “Pre-matching service” section on “Settlement services – South Korea”.

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