Instruction specifications - Xact via SWIFT and Xact File Transfer - UK equities, corporate bonds and investment trusts - 1

27.07.2020

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

Book-entry

MT540

Receive Free

Seq

M

:94B:

:TRAD

//EXCH/xxxx (place of transaction segment MIC)

B

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:22F:

:SETR

//xxxx (type of transaction code)

E

C

:22F:

:STAM

//a

E

M

:95P:

:PSET

//CRSTGB22[XXX]

E1

M

:95R:

:DEAG

/CRST/xxxxx (Counterparty’s CREST code)b

 

Cc

:95P:

:SELL

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

 

or

:95Q:

:SELL

//Ordering party’s name, if different from DEAG (if BIC does not exist)

 

Cc

:97A:

:SAFE

//Ordering party’s account

 

C

:19A:

:DEAL

//a

E3

 

MT541

Receive Against Payment

Seq

M

:94B:

:TRAD

//EXCH/xxxx (place of transaction segment MIC)

B

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:22F:

:SETR

//xxxx (type of transaction code)

E

C

:22F:

:STAM

//a

E

M

:95P:

:PSET

//CRSTGB22[XXX]

E1

M

:95R:

:DEAG

/CRST/xxxxx (Counterparty’s CREST code)b

 

Cc

:95P:

:SELL

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

 

or

:95Q:

:SELL

//Ordering party’s name, if different from DEAG (if BIC does not exist)

 

Cc

:97A:

:SAFE

//Ordering party’s account

 

C

:19A:

:DEAL

//a

E3

 

MT542

Deliver Free

Seq

M

:94B:

:TRAD

//EXCH/xxxx (place of transaction segment MIC)

B

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:22F:

:SETR

//xxxx (type of transaction code)

E

C

:22F:

:STAM

//a

E

M

:95P:

:PSET

//CRSTGB22[XXX]

E1

M

:95R:

:REAG

/CRST/xxxxx (Counterparty’s CREST code)b

 

Cc

:95P:

:BUYR

//Beneficiary’s BIC, if different from REAG

 

or

:95Q:

:BUYR

//Beneficiary’s name, if different from REAG (if BIC does not exist)

 

Cc

:97A:

:SAFE

//Beneficiary’s account

 

C

:19A:

:DEAL

//a

E3

 

MT543

Deliver Against Payment

Seq

M

:94B:

:TRAD

//EXCH/xxxx (place of transaction segment MIC)

B

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:22F:

:SETR

//xxxx (type of transaction code)

E

C

:22F:

:STAM

//a

E

M

:95P:

:PSET

//CRSTGB22[XXX]

E1

M

:95R:

:REAG

/CRST/xxxxx (Counterparty’s CREST code)b

 

Cc

:95P:

:BUYR

//Beneficiary’s BIC, if different from REAG

 

or

:95Q:

:BUYR

//Beneficiary’s name, if different from REAG (if BIC does not exist)

 

Cc

:97A:

:SAFE

//Beneficiary’s account

 

C

:19A:

:DEAL

//a

E3

------------------------------------------
a. The use of this field is dependent on whether the transaction is subject to or exempt from stamp duty and on the appropriate accountability. For details, please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).
b. CREST codes range from three to five alphanumeric characters.
c. This field must be left blank for transfers between accounts of the same CREST participant.

Note: For the instruction to be processed by the CBL custodian on an STP basis, the narrative must either contain standard code words, each between ‘/’ characters, or be left blank.

Physical transactions (Non-Crest-eligible securities)

MT540

Receive Free

Seq

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:22F:

:STCO

//PHYSa

E

C

:22F:

:STAM

//b

 

M

:95C:

:PSET

//GB

E1

M

:95Q:

:DEAG

//full name and address of registered certificate holder and
full address under which registered holder is known in the registrar’s books

 

O

:95Q:

:SELL

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

 

O

:97A:

:SAFE

//Ordering party’s account

 

C

:19A:

:DEAL

//b

E3

 

MT541

Receive Against Payment

Seq

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:22F:

:STCO

//PHYSa

E

C

:22F:

:STAM

//b

 

M

:95C:

:PSET

//GB

E1

M

:95Q:

:DEAG

//full name and address of registered certificate holder and
full address under which registered holder is known in the registrar’s books

 

O

:95Q:

:SELL

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

 

O

:97A:

:SAFE

//Ordering party’s account

 

C

:19A:

:DEAL

//b

E3

 

MT542

Deliver Free

Seq

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:22F:

:STCO

//PHYSa

E

C

:22F:

:STAM

//b

 

M

:95C:

:PSET

//GB

E1

M

:95Q:

:REAG

//full name and address of certificate holder to be registered

 

O

:95Q:

:BUYR

//Full name and address of the receiving party, if different from REAG

 

O

:97A:

:SAFE

//Beneficiary’s account

 

C

:19A:

:DEAL

//b

E3

 

MT543

Deliver Against Payment

Seq

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:22F:

:STCO

//PHYSa

E

C

:22F:

:STAM

//b

 

M

:95C:

:PSET

//GB

E1

M

:95Q:

:REAG

//full name and address of certificate holder to be registered

 

O

:95Q:

:BUYR

//Full name and address of the receiving party, if different from REAG

 

O

:97A:

:SAFE

//Beneficiary’s account

 

C

:19A:

:DEAL

//b

E3

------------------------------------------

a. If you fail to populate  this field,  the instruction will be matched with the counterparty details provided in the settlement instruction or remain unmatched until cancelled.

b. The use of this field is dependent on whether the transaction is subject to or exempt from stamp duty and on the appropriate accountability. For details, please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).

Physical transactions (Crest-eligible securities)

MT540

Receive Free (Crest deposit)

Seq

M

:94B:

:TRAD

//EXCH/xxxx (place of transaction segment MIC)

B

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:70E:

:SPRO

///STCO/PHYS/a

 

M

:94F:

:SAFE

//NCSD/CRSTGB22

C

M

:22F:

:SETR

//xxxx (type of transaction code)

E

C

:22F:

:STAM

//b

E

M

:95P:

:PSET

//CRSTGB22

E1

M

:95R:

:DEAG

/CRST/CREST

 

M

:95Q:

:SELL

//full name and address of registered certificate holder and
full address under which registered holder is known in the registrar’s books

 

O

:97A:

:SAFE

//Ordering party’s account

 

C

:19A:

:DEAL

//b

E3

 

MT542

Deliver Free (Crest withdrawal)

Seq

M

:94B:

:TRAD

//EXCH/xxxx (place of transaction segment MIC)

B

M

:98a:

:TRAD

//Trade date/time

B

O

:90a:

:DEAL

//Deal price

 

M

:94F:

:SAFE

//NCSD/CRSTGB22

C

M

:22F:

:SETR

//xxxx (type of transaction code)

E

M

:22F:

:STAM

//b

E

M

:22F:

:STCO

//PHYSa

 

M

:95C:

:PSET

//GB

E1

M

:95Q:

:REAG

//Full name and address of certificate holder to be registered

 

O

:95Q:

:BUYR

//Full name and address of receiving party, if different from REAG

 

O

:97A:

:SAFE

//Beneficiary’s account

 

C

:19A:

:DEAL

//b

E3

------------------------------------------

a. If you fail to fill this field,  the instruction will default into a Crest book-entry transfer and the instruction may be rejected if book-entry settlement is not possible or remain unmatched until cancelled.

b. The use of this field is dependent on whether the transaction is subject to or exempt from stamp duty and on the appropriate accountability. For details, please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).

Account transfers between 0.5% related CBL accounts

MT540

Receive Free

Seq

M

:94B:

:TRAD

//EXCH/xxxx (place of transaction segment MIC)

B

M

:98a:

:TRAD

//Trade date/time

B

M

:94F:

:SAFE

//NCSD/CRSTGB22

C

M

:22F:

:SETR

//xxxx (type of transaction code)

E

C

:22F:

:STAM

//a

E

M

:95P:

:PSET

//CRSTGB22

E1

M

:95R:

:DEAG

/CRST/00XJJ

 

Mb

:95P:

:SELL

//CEDELULL

 

M

:97A:

:SAFE

//6008985995

 
 

MT542

Deliver Free

Seq

M

:94B:

:TRAD

//EXCH/xxxx (place of transaction segment MIC)

B

M

:98a:

:TRAD

//Trade date/time

B

M

:94F:

:SAFE

//NCSD/CRSTGB22

C

M

:22F:

:SETR

//xxxx (type of transaction code)

E

C

:22F:

:STAM

//a

E

M

:95P:

:PSET

//CRSTGB22

E1

M

:95R:

:REAG

/CRST/00XJJ

 

Mb

:95P:

:BUYR

//CEDELULL

 

M

:97A:

:SAFE

//6008985995

 

------------------------------------------
a. The use of this field is dependent on whether the transaction is subject to or exempt from stamp duty and on the appropriate accountability. For details, please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).
b. This field is not used for matching purposes in CREST but the content will be used to reduce settlement delays in cases of mismatch.

Account transfers from a 0.5% SDRT CBL account to a 1.5% SDRT CBL account

MT540

Receive Free

Seq

M

:94B:

:TRAD

//EXCH/xxxx (place of transaction segment MIC)

B

M

:98a:

:TRAD

//Trade date/time

B

M

:94F:

:SAFE

//NCSD/CRSTGB22

C

M

:22F:

:SETR

//xxxx (type of transaction code)

E

C

:22F:

:STAM

// a

E

M

:95P:

:PSET

//CRSTGB22

E1

M

:95R:

:DEAG

/CRST/00XJJ

 

M

:95P:

:SELL

//CEDELULL

 

Mb

:97A:

:SAFE

//6008985995

 
 

MT542

Deliver Free

Seq

M

:94B:

:TRAD

//EXCH/xxxx (place of transaction segment MIC)

B

M

:98a:

:TRAD

//Trade date/time

B

M

:94F:

:SAFE

//NCSD/CRSTGB22

C

M

:22F:

:SETR

//xxxx (type of transaction code)

E

C

:22F:

:STAM

// a

E

M

:95P:

:PSET

//CRSTGB22

E1

M

:95R:

:REAG

/CRST//14XKL

 

M

:95P:

:BUYR

//CEDELULL

 

Mb

:97A:

:SAFE

//6008888248

 

------------------------------------------
a. The use of this field is dependent on whether the transaction is subject to or exempt from stamp duty and on the appropriate accountability. For details, please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).
b. This field is not used for matching purposes in CREST but the content will be used to reduce settlement delays in cases of mismatch.

Account transfers from a 1.5% SDRT CBL account to a 0.5% SDRT CBL account

MT540

Receive Free

Seq

M

:94B:

:TRAD

//EXCH/xxxx (place of transaction segment MIC)

B

M

:98a:

:TRAD

//Trade date/time

B

M

:94F:

:SAFE

//NCSD/CRSTGB22

C

M

:22F:

:SETR

//xxxx (type of transaction code)

E

C

:22F:

:STAM

//a

E

M

:95P:

:PSET

//CRSTGB22

E1

M

:95R:

:DEAG

/CRST/14XKL

 

M

:95P:

:SELL

//CEDELULL

 

Mb

:97A:

:SAFE

//6008888248

 
 

MT542

Deliver Free

Seq

M

:94B:

:TRAD

//EXCH/xxxx (place of transaction segment MIC)

B

M

:98a:

:TRAD

//Trade date/time

B

M

:94F:

:SAFE

//NCSD/CRSTGB22

C

M

:22F:

:SETR

//xxxx (type of transaction code)

E

C

:22F:

:STAM

//a

E

M

:95P:

:PSET

//CRSTGB22

E1

M

:95R:

:REAG

/CRST/00XJJ

 

M

:95P:

:BUYR

//CEDELULL

 

Mb

:97A:

:SAFE

//6008985995

 

------------------------------------------
a. The use of this field is dependent on whether the transaction is subject to or exempt from stamp duty and on the appropriate accountability. For details, please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).
b. This field is not used for matching purposes in CREST but the content will be used to reduce settlement delays in cases of mismatch.

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