Instruction specifications - Investment funds held directly on the register (CFF) - Xact Web Portal - International (CBL)
Customers can instruct transfers of investment funds held directly on the register (CFF) by CBL using Xact as per the following specifications. The counter instruction from the Fund Issuance Account (FIA) will confirm the transfer with specifications of trade date (that is, when the transfer agent’s register of shareholders was updated) and settlement date. CBL may adjust the customer’s instructed trade date and/or requested settlement date as required to match the counter instruction from the FIA.
For further information on transfers of CFF qualified investment funds, please see section 9.2 CFF Settlement and custody services in the Clearstream Banking Customer Handbook.
In the following table, M=Mandatory; O=Optional.
Receive Free on the register | ||
M | Sec. transaction type | TRAD - Trade |
| Delivering settlement parties |
|
M | Depository Format | BIC |
Depository Identifier | CEDELULLXXX | |
M | Party 1 Format | Proprietary |
| Party 1 Issuer | CEDE |
Party 1 Identifier | FMA01 a | |
M | Party2 Format | BIC |
Party2 Identifier | Transferor’s BIC | |
or | Party2 Format | Name |
Party2 Identifier | Transferor’s name | |
or | Party2 Format | Proprietary b |
| Party 2 Issuer | CEDE |
| Party2 Identifier | Transferor’s CBL account number b |
O | Party 2 Safekeeping account a | Transferor’s register account number |
| ||
M | Sec. transaction type | TRAD - Trade |
| Receiving settlement parties |
|
M | Depository Format | BIC |
Depository Identifier | CEDELULLXXX | |
M | Party 1 Format | |
| Party 1 Issuer | CEDE |
Party 1 Identifier | FMA01 a | |
M | Party2 Format | BIC |
Party2 Identifier | Transferee’s BIC | |
or | Party2 Format | Name |
Party2 Identifier | Transferee’s name | |
or | Party2 Format | Proprietary b |
| Party 2 Issuer | CEDE |
| Party2 Identifier | Transferee’s CBL account number b |
O | Party 2 Safekeeping account a | Transferee’s register account number |
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a. Or specify the FIA of the corresponding TA in CBL.
b. Use this option for internal transfers of investment funds subject to CFF transfer restrictions.