Instruction specifications - Xact Web Portal - Taiwan
In the following tables, M=Mandatory; O=Optional.
Receive Free | ||
M | Trade date | |
O | Deal price | |
| Delivering settlement parties | |
M | Settlement instruction processing additional details | 3810/customer's residency status a |
M | Depository Format | BIC |
Depository Identifier | TDCCTWTPXXX | |
M | Party 1 Format | BIC b |
Party 1 Identifier | counterparty's BIC b | |
O | Party 1 Safekeeping account | counterparty’s account at the TDCC |
M | Party 2 Format | BIC b |
Party 2 Identifier | ordering party's BIC b | |
O | Party 2 Safekeeping account | ordering party's account |
Deliver Free | ||
M | Trade date | |
O | Deal price | |
| Receiving settlement parties | |
M | Settlement instruction processing additional details | 3810/customer's residency status a |
M | Depository Format | BIC |
Depository Identifier | TDCCTWTPXXX | |
M | Party 1 Format | BIC b |
Party 1 Identifier | counterparty's BIC b | |
M | Party 1 Safekeeping account | counterparty's account at the TDCC |
M | Party 2 Format | BIC b |
Party 2 Identifier | beneficiary's BIC b | |
M | Party 2 Safekeeping account | beneficiary's account |
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a. 3810 is CBL’s Participant ID at TDCC. The residency status of the customer (which is required for CBL to perform the obligatory monthly reporting to the TDCC) must be specified as follows:
- "‘Foreign" if the customer is a non-Taiwanese resident; or
- "Taiwanese" if the customer is a Taiwanese resident.
b. If no BIC exists for Delivering/Receiving Agent or for Seller/Buyer, the Name and Address option can be used instead in each case. If the appropriate BIC does exist but is not provided, STP cannot be guaranteed and there is a risk of incurring eventual charges.