Announcement

Finland: Reminder - Change to Standard Settlement Instructions (SSI)

Settlement | Finland

Reference

Code
A18070
Service level
CBL
Last Updated
07.05.2018

Clearstream Banking1 reminds customers that remote brokers no longer have a member status in Infinity Release 2.

In the REAG/DEAG field, customers must quote the remote broker’s custodian’s BIC and in the BUYR/SELL field, customers must quote the remote broker’s BIC:

  • :95P::REAG/DEAG//  BIC of Receiver / Deliverer custodian
  • :95P::BUYR/SELL// BIC of Receiver / Deliverer ordering party

All transactions with settlement date of 7 May 2018 or later must be instructed with the new format above.

Further information

For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.

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1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.