MT540 Scope

This message is sent by an account owner to an account servicer (account servicing institution). The account owner may be a global custodian which has an account with its local agent (sub custodian) or an investment management institution or a broker/dealer which has an account with their custodian.

This message is used to:

The instruction may be linked to other settlement instructions, for example, for a turnaround or back-to-back, or other transactions, for example, foreign exchange deal, using the linkages sequence.

MT540 Format Specifications

Status Tag Qualifier Generic Field Name Detailed Field Name Content/Options No.

Mandatory Sequence A General Information

M

16R

 

 

Start of Block

GENL

1

M

20C

SEME

Reference

Sender's Message Reference

:4!c//16x

2

M

23G

 

 

Function of the Message

4!c[/4!c]

3

O

98a

PREP

Date/Time

Preparation Date/Time

A, C, or E

4

----->

O

99B

4!c

Number Count

(see qualifier description)

:4!c//3!n

5

-----|

-----> Optional Repetitive Subsequence A1 Linkages

M

16R

 

 

Start of Block

LINK

6

O

22F

LINK

Indicator

Linkage Type Indicator

:4!c/[8c]/4!c

7

O

13a

LINK

Number Identification

Linked Message

A or B

8

M

20C

4!c

Reference

(see qualifier description)

:4!c//16x

9

O

36B

4!c

Quantity of Financial Instrument

(see qualifier description)

:4!c//4!c/15d

10

M

16S

 

 

End of Block

LINK

11

-----| End of Subsequence A1 Linkages

M

16S

 

 

End of Block

GENL

12

End of Sequence A General Information

Mandatory Sequence B Trade Details

M

16R

 

 

Start of Block

TRADDET

13

----->

O

94a

4!c

Place

(see qualifier description)

B or H

14

-----|

----->

M

98a

4!c

Date/Time

(see qualifier description)

A, B, C, or E

15

-----|

O

90a

DEAL

Price

Deal Price

A or B

16

O

99A

DAAC

Number Count

Number of Days Accrued

:4!c//[N]3!n

17

M

35B

 

 

Identification of the Financial Instrument

[ISIN1!e12!c]
[4*35x]

18

Optional Subsequence B1 Financial Instrument Attributes

M

16R

 

 

Start of Block

FIA

19

O

94B

PLIS

Place

Place of Listing

:4!c/[8c]/4!c[/30x]

20

----->

O

22F

4!c

Indicator

(see qualifier description)

:4!c/[8c]/4!c

21

-----|

----->

O

12a

4!c

Type of Financial Instrument

(see qualifier description)

A, B, or C

22

-----|

O

11A

DENO

Currency

Currency of Denomination

:4!c//3!a

23

----->

O

98A

4!c

Date

(see qualifier description)

:4!c//8!n

24

-----|

----->

O

92A

4!c

Rate

(see qualifier description)

:4!c//[N]15d

25

-----|

----->

O

13a

4!c

Number Identification

(see qualifier description)

A or B

26

-----|

----->

O

17B

4!c

Flag

(see qualifier description)

:4!c//1!a

27

-----|

----->

O

90a

4!c

Price

(see qualifier description)

A or B

28

-----|

----->

O

36B

4!c

Quantity of Financial Instrument

(see qualifier description)

:4!c//4!c/15d

29

-----|

----->

O

35B

 

 

Identification of the Financial Instrument

[ISIN1!e12!c]
[4*35x]

30

-----|

O

70E

FIAN

Narrative

Financial Instrument Attribute Narrative

:4!c//10*35x

31

M

16S

 

 

End of Block

FIA

32

End of Subsequence B1 Financial Instrument Attributes

----->

O

22F

4!c

Indicator

(see qualifier description)

:4!c/[8c]/4!c

33

-----|

O

11A

FXIS

Currency

Currency to Sell

:4!c//3!a

34

----->

O

25D

4!c

Status

(see qualifier description)

:4!c/[8c]/4!c

35

-----|

----->

O

70E

4!c

Narrative

(see qualifier description)

:4!c//10*35x

36

-----|

M

16S

 

 

End of Block

TRADDET

37

End of Sequence B Trade Details

Mandatory Sequence C Financial Instrument/Account

M

16R

 

 

Start of Block

FIAC

38

----->

M

36B

SETT

Quantity of Financial Instrument

Quantity of Financial Instrument to be Settled

:4!c//4!c/15d

39

-----|

O

70D

DENC

Narrative

Denomination Choice

:4!c//6*35x

40

----->

O

13B

CERT

Number Identification

Certificate Number

:4!c/[8c]/30x

41

-----|

O

95a

ACOW

Party

Account Owner

P or R

42

----->

M

97a

4!c

Account

(see qualifier description)

A, B, or E

43

-----|

O

94a

SAFE

Place

Place of Safekeeping

B, C, or F

44

-----> Optional Repetitive Subsequence C1 Quantity Breakdown

M

16R

 

 

Start of Block

BREAK

45

O

13B

LOTS

Number Identification

Lot Number

:4!c/[8c]/30x

46

O

36B

LOTS

Quantity of Financial Instrument

Quantity of Financial Instrument In The Lot

:4!c//4!c/15d

47

O

98a

LOTS

Date/Time

Lot Date/Time

A, C, or E

48

O

90a

LOTS

Price

Book/Lot Price

A or B

49

O

22F

PRIC

Indicator

Type of Price Indicator

:4!c/[8c]/4!c

50

M

16S

 

 

End of Block

BREAK

51

-----| End of Subsequence C1 Quantity Breakdown

M

16S

 

 

End of Block

FIAC

52

End of Sequence C Financial Instrument/Account

Optional Sequence D Two Leg Transaction Details

M

16R

 

 

Start of Block

REPO

53

----->

O

98a

4!c

Date/Time

(see qualifier description)

A, B, or C

54

-----|

----->

O

22F

4!c

Indicator

(see qualifier description)

:4!c/[8c]/4!c

55

-----|

----->

O

20C

4!c

Reference

(see qualifier description)

:4!c//16x

56

-----|

----->

O

92a

4!c

Rate

(see qualifier description)

A or C

57

-----|

----->

O

99B

4!c

Number Count

(see qualifier description)

:4!c//3!n

58

-----|

----->

O

19A

4!c

Amount

(see qualifier description)

:4!c//[N]3!a15d

59

-----|

O

70C

SECO

Narrative

Second Leg Narrative

:4!c//4*35x

60

M

16S

 

 

End of Block

REPO

61

End of Sequence D Two Leg Transaction Details

Mandatory Sequence E Settlement Details

M

16R

 

 

Start of Block

SETDET

62

----->

M

22F

4!c

Indicator

(see qualifier description)

:4!c/[8c]/4!c

63

-----|

-----> Mandatory Repetitive Subsequence E1 Settlement Parties

M

16R

 

 

Start of Block

SETPRTY

64

----->

M

95a

4!c

Party

(see qualifier description)

C, P, Q, R, or S

65

-----|

O

97a

SAFE

Account

Safekeeping Account

A or B

66

O

98a

PROC

Date/Time

Processing Date/Time

A or C

67

O

20C

PROC

Reference

Processing Reference

:4!c//16x

68

----->

O

70a

4!c

Narrative

(see qualifier description)

C, D, or E

69

-----|

M

16S

 

 

End of Block

SETPRTY

70

-----| End of Subsequence E1 Settlement Parties

-----> Optional Repetitive Subsequence E2 Cash Parties

M

16R

 

 

Start of Block

CSHPRTY

71

----->

M

95a

4!c

Party

(see qualifier description)

P, Q, R, or S

72

-----|

----->

O

97a

4!c

Account

(see qualifier description)

A or E

73

-----|

----->

O

70a

4!c

Narrative

(see qualifier description)

C or E

74

-----|

M

16S

 

 

End of Block

CSHPRTY

75

-----| End of Subsequence E2 Cash Parties

-----> Optional Repetitive Subsequence E3 Amount

M

16R

 

 

Start of Block

AMT

76

----->

O

17B

4!c

Flag

(see qualifier description)

:4!c//1!a

77

-----|

----->

M

19A

4!c

Amount

(see qualifier description)

:4!c//[N]3!a15d

78

-----|

O

92B

EXCH

Rate

Exchange Rate

:4!c//3!a/3!a/15d

79

M

16S

 

 

End of Block

AMT

80

-----| End of Subsequence E3 Amount

M

16S

 

 

End of Block

SETDET

81

End of Sequence E Settlement Details

-----> Optional Repetitive Sequence F Other Parties

M

16R

 

 

Start of Block

OTHRPRTY

82

----->

M

95a

4!c

Party

(see qualifier description)

C, P, Q, R, or S

83

-----|

O

97A

SAFE

Account

Safekeeping Account

:4!c//35x

84

----->

O

70a

4!c

Narrative

(see qualifier description)

C, D, or E

85

-----|

O

20C

PROC

Reference

Processing Reference

:4!c//16x

86

M

16S

 

 

End of Block

OTHRPRTY

87

-----| End of Sequence F Other Parties

MT540 Network Validated Rules

MT540 Usage Rules