Instruction specifications - Xact Web Portal - UK equities, corporate bonds and investment trusts - 1

27.07.2020

In the following tables, M=Mandatory; O=Optional; C=Conditional.

Book-entry

 

Receive Free

M

Trade date

 

O

Deal price

 

M

Sec. transaction type

Code: As appropriate

M

Place of trade type

Code

 

P. of trade identifier

Stock exchange

 

P. of trade identification

Code: As appropriate

 

Delivering settlement parties 

 

M

Depository Format

BIC

 

Depository Identifier 

CRSTGB22XXX

M

Party 1 Format

CRESTCo

 

Party 1 Identifier

counterparty’s CREST code

Ca

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

Ca

Party 2 Safekeeping account

ordering party’s account

Cb

Amounts – Other amounts

Other amounts:Trade amount

Other amounts: Currency
Other amounts:Amount

Cb

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate


Tick, if net proceeds will include stamp duty amount, else untick.

 

Receive Against Payment

M

Trade date

 

O

Deal price

 

M

Sec. transaction type

Code: As appropriate

M

Place of trade type

Code

 

P. of trade identifier

Stock exchange

 

P. of trade identification

Code: As appropriate

 

Delivering settlement parties

 

M

Depository Format

BIC

 

Depository Identifier 

CRSTGB22XXX

M

Party 1 Format

CRESTCo

 

Party 1 Identifier

counterparty’s CREST code

Ca

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

Ca

Party 2 Safekeeping account

ordering party’s account

Cb

Amounts – Other amounts

Other amounts:Trade amount

Other amounts: Currency
Other amounts:Amount

Cb

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate


Tick, if net proceeds will include stamp duty amount, else untick.

 

Deliver Free

M

Trade date

 

O

Deal price

 

M

Sec. transaction type

Code: As appropriate

M

Place of trade type

Code

 

P. of trade identifier

Stock exchange

 

P. of trade identification

Code: As appropriate

 

Receiving settlement parties

 

M

Depository Format

BIC

 

Depository Identifier 

CRSTGB22XXX

M

Party 1 Format

CRESTCo

 

Party 1 Identifier

counterparty’s CREST code

Ca

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

Ca

Party 2 Safekeeping account

beneficiary’s account

Cb

Amounts – Other amounts

Other amounts:Trade amount

Other amounts: Currency
Other amounts:Amount

Cb

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate


Tick, if net proceeds will include stamp duty amount, else untick.

 

Deliver Against Payment

M

Trade date

 

O

Deal price

 

M

Sec. transaction type

Code: As appropriate

M

Place of trade type

Code

 

P. of trade identifier

Stock exchange

 

P. of trade identification

Code: As appropriate

 

Receiving settlement parties

 

M

Place of Settlement

BIC

 

Party

CRSTGB22XXX

M

Depository Format

CRESTCo

 

Depository Identifier 

counterparty’s CREST code

Ca

Party 1 Format

BIC

 

Party 1 Identifier

beneficiary’s BIC

or

Party 2 Format

Name (if BIC does not exist)

 

Party 2 Identifier

beneficiary’s name

Ca

Party 2 Safekeeping account

beneficiary’s account

Cb

Amounts – Other amounts

Other amounts:Trade amount

Other amounts: Currency
Other amounts:Amount

Cb

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate


Tick, if net proceeds will include stamp duty amount, else untick.

------------------------------------------
a. This field must be left blank for transfers between accounts of the same CREST participant.
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. Please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).

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)

 

Receive Free

M

Trade date

 

O

Deal price

 

M

Sett. transaction cond. PHYS – Physical

 
 

Delivering settlement parties

 

M

Depository Format

Country Code

 

Depository Identifier 

GB - United Kingdom Physical

M

Party 1 Format

Name

 

Party 1 Identifier

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

O

Party 2 Format

Name

 

Party 2 Identifier

ordering party's name, if different from Delivering Agent

O

Party 2 Safekeeping account

ordering party’s account

Ca

Amounts – Other amounts

Other amounts:Trade amount

Other amounts: Currency
Other amounts:Amount

Ca

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate


Tick, if net proceeds will include stamp duty amount, else untick.

 

Receive Against Payment

M

Trade date

 

O

Deal price

 

M

Sett. transaction cond. PHYS – Physical

 
 

Delivering settlement parties

 

M

Depository Format

Country Code

 

Depository Identifier 

GB - United Kingdom Physical

M

Party 1 Format

Name

 

Party 1 Identifier

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

O

Party 2 Format

Name

 

Party 2 Identifier

ordering party's name, if different from Delivering Agent

O

Party 2 Safekeeping account

ordering party’s account

Ca

Amounts – Other amounts

Other amounts:Trade amount

Other amounts: Currency
Other amounts:Amount

Ca

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate


Tick, if net proceeds will include stamp duty amount, else untick.

 

Deliver Free

M

Trade date

 

O

Deal price

 

M

Sett. transaction cond. PHYS – Physical

 
 

Receiving settlement parties

 

M

Depository Format

Country Code

 

Depository Identifier 

GB - United Kingdom Physical

M

Party 1 Format

Name

 

Party 1 Identifier

full name and address of the certificate holder to be registered

O

Party 2 Format

Name

 

Party 2 Identifier

full name and address of the receiving party, if different from Receiving Agent

O

Party 2 Safekeeping account

beneficiary’s account

Ca

Amounts – Other amounts

Other amounts:Trade amount

Other amounts: Currency
Other amounts:Amount

Ca

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate


Tick, if net proceeds will include stamp duty amount, else untick.

 

Deliver Against Payment

M

Trade date

 

O

Deal price

 

M

Sett. transaction cond. PHYS – Physical

 
 

Receiving settlement parties

 

M

Depository Format

Country Code

 

Depository Identifier 

GB - United Kingdom Physical

M

Party 1 Format

Name

 

Party 1 Identifier

full name and address of the certificate holder to be registered

O

Party 2 Format

Name

 

Party 2 Identifier

full name and address of the receiving party, if different from Receiving Agent

O

Party 2 Safekeeping account

beneficiary’s account

Ca

Amounts – Other amounts

Other amounts:Trade amount

Other amounts: Currency
Other amounts:Amount

Ca

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate

Tick, if net proceeds will include stamp duty amount, else untick.

------------------------------------------
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. Please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).

Physical transactions (Crest-eligible securities)

 

Receive Free (Crest deposit)

M

Settlement instruction processing additional details

/STCO/PHYS/

M

Place of Safekeeping

CRSTGB22

M

Trade date

 

M

Sec. transaction type

Code: As appropriate

M

Place of trade type

Code

 

P. of trade identifier

Stock exchange

 

P. of trade identification

Code: As appropriate

 

Delivering settlement parties

 

M

Depository Format

BIC

 

Depository Identifier 

CRSTGB22

M

Party 1 Format

CRESTCo

 

Party 1 Identifier

CREST

M

Party 2 Format

Name

 

Party 2 Identifier

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

O

Party 2 Safekeeping account

ordering party’s account

Ca

Amounts – Other amounts

Other amounts: Trade amount

Other amounts: Currency
Other amounts: Amount

Ca

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate

Tick, if net proceeds will include stamp duty amount, else untick.

 

Deliver Free (Crest withdrawal)

M

Place of Safekeeping

CRSTGB22

M

Trade date

 

O

Deal price

 

M

Sec. transaction type

Code: As appropriate

M

Place of trade type

Code

 

P. of trade identifier

Stock exchange

 

P. of trade identification

Code: As appropriate

M

Sett. transaction cond. PHYS – Physical

M

 

Receiving settlement parties

 

M

Depository Format

Country Code

 

Depository Identifier 

GB

M

Party 1 Format

Name

 

Party 1 Identifier

full name and address of the certificate holder to be registered

O

Party 2 Format

Name

 

Party 2 Identifier

full name and address of the receiving party, if different from Receiving Agent

O

Party 2 Safekeeping account

beneficiary’s account

Ca

Amounts – Other amounts

Other amounts: Trade amount

Other amounts: Currency
Other amounts: Amount

Ca

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate

Tick, if net proceeds will include stamp duty amount, else untick.

------------------------------------------
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. Please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).

Account transfers between 0.5% related CBL accounts

 

Receive Free

M

Place of Safekeeping

CRSTGB22

M

Trade date

 

M

Sec. transaction type

Code: As appropriate

M

Place of trade type

Code

 

P. of trade identifier

Stock exchange

 

P. of trade identification

Code: As appropriate

 

Delivering settlement parties

 

M

Depository Format

BIC

 

Depository Identifier 

CRSTGB22

M

Party 1 Format

CRESTCo

 

Party 1 Identifier

00XJJ

Ma

Party 2 Format

BIC

 

Party 2 Identifier

CEDELULL

M

Party 2 Safekeeping account

6008985995

Cb

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate

Tick, if net proceeds will include stamp duty amount, else untick.

 

Deliver Free

M

Place of Safekeeping

CRSTGB22

M

Trade date

 

M

Sec. transaction type

Code: As appropriate

M

Place of trade type

Code

 

P. of trade identifier

Stock exchange

 

P. of trade identification

Code: As appropriate

 

Receiving settlement parties 

 

M

Depository Format

BIC

 

Depository Identifier 

CRSTGB22

M

Party 1 Format

CRESTCo

 

Party 1 Identifier

00XJJ

Ma

Party 2 Format

BIC

 

Party 2 Identifier

CEDELULL

M

Party 2 Safekeeping account

6008985995

Cb

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate

Tick, if net proceeds will include stamp duty amount, else untick.

-----------------------------------------
a. This field is not used for matching purposes in CREST but the content will be used to reduce settlement delays in cases of mismatch.
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. Please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).

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

 

Receive Free

M

Place of Safekeeping

CRSTGB22

M

Trade date

 

M

Sec. transaction type

Code: As appropriate

M

Place of trade type

Code

 

P. of trade identifier

Stock exchange

 

P. of trade identification

Code: As appropriate

 

Delivering settlement parties

 

M

Depository Format

BIC

 

Depository Identifier 

CRSTGB22

M

Party 1 Format

CRESTCo

 

Party 1 Identifier

00XJJ

Ma

Party 2 Format

BIC

 

Party 2 Identifier

CEDELULL

M

Party 2 Safekeeping account

6008985995

Cb

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate

Tick, if net proceeds will include stamp duty amount, else untick.

 

Deliver Free

M

Place of Safekeeping

CRSTGB22

M

Trade date

 

M

Sec. transaction type

Code: As appropriate

M

Place of trade type

Code

 

P. of trade identifier

Stock exchange

 

P. of trade identification

Code: As appropriate

 

Receiving settlement parties

 

M

Depository Format

BIC

 

Depository Identifier 

CRSTGB22

M

Party 1 Format

CRESTCo

 

Party 1 Identifier

14XKL

Ma

Party 2 Format

BIC

 

Party 2 Identifier

CEDELULL

M

Party 2 Safekeeping account

6008888248

Cb

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate

Tick, if net proceeds will include stamp duty amount, else untick.

------------------------------------------
a. This field is not used for matching purposes in CREST but the content will be used to reduce settlement delays in cases of mismatch.
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. Please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).

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

 

Receive Free

M

Place of Safekeeping

CRSTGB22

M

Trade date

 

M

Sec. transaction type

Code: As appropriate

M

Place of trade type

Code

 

P. of trade identifier

Stock exchange

 

P. of trade identification

Code: As appropriate

 

Delivering settlement parties

 

M

Depository Format

BIC

 

Depository Identifier 

CRSTGB22

M

Party 1 Format

CRESTCo

 

Party 1 Identifier

14XKL

Ma

Party 2 Format

BIC

 

Party 2 Identifier

CEDELULL

M

Party 2 Safekeeping account

6008888248

Cb

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate


Tick, if net proceeds will include stamp duty amount, else untick.

 

Deliver Free

M

Place of Safekeeping

CRSTGB22

M

Trade date

 

M

Sec. transaction type

Code: As appropriate

M

Place of trade type

Code

 

P. of trade identifier

Stock exchange

 

P. of trade identification

Code: As appropriate

 

Receiving settlement parties 

 

M

Place of Settlement

BIC

 

Party

CRSTGB22

M

Depository Format

CRESTCo

 

Depository Identifier 

00XJJ

Ma

Party 1 Format

BIC

 

Party 1 Identifier

CEDELULL

M

Party 2 Format

6008985995

Cb

Settlement parameters - Stamp duty tax basis

Amount - Stamp duty indicator

Code as appropriate


Tick, if net proceeds will include stamp duty amount, else untick.

------------------------------------------
a. This field is not used for matching purposes in CREST but the content will be used to reduce settlement delays in cases of mismatch.
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. Please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).