This message is sent by a fund manager to a custodian bank as an advice of/instruction to settle a third party foreign exchange deal.
The definition of third party must be agreed up front between the fund manager and the custodian relative to deals executed by the custodians' treasury area on behalf of the fund manager.
provide details about a new deal
provide a settlement notification
cancel a previously sent message.
| Status | Tag | Qualifier | Generic Field Name | Detailed Field Name | Content/Options | No. |
Mandatory Sequence A General Information |
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| M | 16R | Start of Block | GENL | 1 | ||
-----> |
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| M | 20C | 4!c | Reference | (see qualifier description) | :4!c//16x | 2 |
-----| |
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| M | 23G | Function of the Message | 4!c[/4!c] | 3 | ||
-----> |
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| M | 22a | 4!c | Indicator | (see qualifier description) | F or H | 4 |
-----| |
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-----> Optional Repetitive Subsequence A1 Linkages |
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| M | 16R | Start of Block | LINK | 5 | ||
| O | 13a | LINK | Number Identification | Linked Message | A or B | 6 |
| M | 20C | 4!c | Reference | (see qualifier description) | :4!c//16x | 7 |
| M | 16S | End of Block | LINK | 8 | ||
-----| End of Subsequence A1 Linkages |
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| M | 16S | End of Block | GENL | 9 | ||
End of Sequence A General Information |
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Mandatory Sequence B FX Details |
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| M | 16R | Start of Block | FXDET | 10 | ||
-----> |
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| M | 98A | 4!c | Date | (see qualifier description) | :4!c//8!n | 11 |
-----| |
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| M | 92B | EXCH | Rate | Exchange Rate | :4!c//3!a/3!a/15d | 12 |
Mandatory Subsequence B1 FX Parties 1 |
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| M | 16R | Start of Block | FXPRTY1 | 13 | ||
| M | 95a | FXCO | Party | FX Counterparty | P, Q, or R | 14 |
| M | 16S | End of Block | FXPRTY1 | 15 | ||
End of Subsequence B1 FX Parties 1 |
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Mandatory Subsequence B2 FX Parties 2 |
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| M | 16R | Start of Block | FXPRTY2 | 16 | ||
| O | 95a | INVE | Party | Investor | P, Q, or R | 17 |
| M | 97A | SAFE | Account | Safekeeping Account | :4!c//35x | 18 |
| M | 16S | End of Block | FXPRTY2 | 19 | ||
End of Subsequence B2 FX Parties 2 |
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-----> Optional Repetitive Subsequence B3 FX Settlement Details |
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| M | 16R | Start of Block | FXSETDET | 20 | ||
| M | 19B | 4!c | Amount | (see qualifier description) | :4!c//3!a15d | 21 |
-----> Optional Repetitive Subsequence B3a Cash Parties |
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| M | 16R | Start of Block | CSHPRTY | 22 | ||
| O | 95a | 4!c | Party | (see qualifier description) | P, Q, or R | 23 |
| O | 97A | CASH | Account | Cash Account | :4!c//35x | 24 |
| O | 70C | PACO | Narrative | Party Contact Narrative | :4!c//4*35x | 25 |
| M | 16S | End of Block | CSHPRTY | 26 | ||
-----| End of Subsequence B3a Cash Parties |
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| M | 16S | End of Block | FXSETDET | 27 | ||
-----| End of Subsequence B3 FX Settlement Details |
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| M | 16S | End of Block | FXDET | 28 | ||
End of Sequence B FX Details |
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Optional Sequence C Accounting Information |
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| M | 16R | Start of Block | ACCOUNT | 29 | ||
-----> Optional Repetitive Subsequence C1 Linkages |
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| M | 16R | Start of Block | LINK | 30 | ||
| O | 13a | LINK | Number Identification | Linked Message | A or B | 31 |
| M | 20C | PREV | Reference | Previous Reference | :4!c//16x | 32 |
| M | 16S | End of Block | LINK | 33 | ||
-----| End of Subsequence C1 Linkages |
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| M | 22H | GALO | Indicator | Gain/Loss Indicator | :4!c//4!c | 34 |
| M | 19B | GALO | Amount | Gain/Loss Currency and Amount | :4!c//3!a15d | 35 |
| M | 16S | End of Block | ACCOUNT | 36 | ||
End of Sequence C Accounting Information |
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Optional Sequence D Net Amount to be Settled |
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| M | 16R | Start of Block | NET | 37 | ||
| M | 22H | GALO | Indicator | Gain/Loss Indicator | :4!c//4!c | 38 |
| M | 19B | ANTO | Amount | Net Gain/Loss Amount | :4!c//3!a15d | 39 |
-----> Optional Repetitive Subsequence D1 Cash Parties |
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| M | 16R | Start of Block | CSHPRTY | 40 | ||
| M | 95a | 4!c | Party | (see qualifier description) | P, Q, or R | 41 |
| O | 97A | CASH | Account | Cash Account | :4!c//35x | 42 |
| O | 70C | PACO | Narrative | Party Contact Narrative | :4!c//4*35x | 43 |
| M | 16S | End of Block | CSHPRTY | 44 | ||
-----| End of Subsequence D1 Cash Parties |
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| M | 16S | End of Block | NET | 45 | ||
End of Sequence D Net Amount to be Settled |
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C1. In sequence A, the presence of the Open Indicator (field :22H::APER) and the presence of the Net Settlement Indicator (field :22H::NEGR) depend on the Contract Type (field :22H::CRTR) as follows :
Sequence A if field :22H::CRTR Indicator is ... |
Sequence A then field :22H::APER is ... |
Sequence A and field :22H::NEGR is ... |
ASET |
Not allowed |
Optional |
AFWD |
Mandatory |
Mandatory |
C2. In sequence A, the presence of the Close Indicator (field :22H::PAFI) depends on the Open Indicator (field :22H::APER) as follows :
Sequence A if field :22H::APER Indicator is ... |
Sequence A then field :22H::PAFI is ... |
OPEF |
Not allowed |
NOPE |
Mandatory |
Field :22H::APER not present |
Not allowed |
C3. The presence of sequence C depends on the Open Indicator (field :22H::APER) as follows :
Sequence A if field :22H::APER Indicator is ... |
then Sequence C is ... |
OPEF |
Not allowed |
NOPE |
Mandatory |
Field :22H::APER not present |
Not allowed |
C4. In sequence A, the presence of the qualifier UNKN in the Net Settlement Indicator (field :22H::NEGR//UNKN) depends on the content of the Contract Type (field :22H::CRTR), of the Open Indicator (field :22H::APER) and of the Close Indicator (field :22H::PAFI) as follows :
Sequence A if field :22H: is ... |
Sequence A then field :22H::NEGR//UNKN is ... |
CRTR//ASET |
Not allowed |
CRTR//AFWD and APER//OPEF |
Optional |
CRTR//AFWD and APER//NOPE and PAFI//PAIN |
Optional |
CRTR//AFWD and APER//NOPE and PAFI//FINA |
Not allowed |
C5. The presence of sequence D depends on the value of field 22H Indicator as follows :
In Sequence A |
then Sequence D is ... |
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if field :22H::CRTR is ... |
and field :22H::APER is ... |
and field :22H::PAFI is ... |
and field :22H::NEGR is ... |
|
ASET |
Not applicable by C1 |
Not applicable by C2 |
NETC |
Optional |
ASET |
Not applicable by C1 |
Not applicable by C2 |
GRSC |
Not allowed |
ASET |
Not applicable by C1 |
Not applicable by C2 |
Not present |
Not allowed |
AFWD |
OPEF |
Not applicable by C2 |
NETC or GRSC or UNKN |
Not allowed |
AFWD |
NOPE |
PAIN |
NETC or GRSC or UNKN |
Not allowed |
AFWD |
NOPE |
FINA |
NETC |
Mandatory |
AFWD |
NOPE |
FINA |
GRSC |
Not allowed |
C6. The following fields cannot appear more than once in the message :
Subsequence B3 |
Subsequence D1 |
:19B::BUYE |
:95a::CDEA |
:19B::SELL |
:95a::INTE |
|
:95a::ACCW |
|
:95a::BENM |
C7. Repetitive subsequence B3 FX Settlement Details must be present exactly twice in the message .
C8. In each occurrence of sequence B3, the presence of the repetitive subsequence B3a Cash Parties depends on the content of the Net Settlement Indicator (:22H::NEGR), as follows :
Subsequence A If field :22H::NEGR Indicator is ... |
then, in each occurrence of sequence B3 subsequence B3a Cash Parties is ... |
GRSC |
Mandatory |
NETC or UNKN |
Not allowed |
Field :22H::NEGR Not present |
Mandatory |
C9. Taking into account C8: in each occurrence of Seq. B3, the presence of the different parties (field 95a) in Sequence B3a depends on the content of field 19B in sequence B3 as follows :
In each occurrence of Sequence B3, if field :19B:: is ... |
And if Subsequence B3a is present (i.e. is Mandatory per C8) then ... |
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In one occurrence of Subseq. B3a field ... |
And in all other optional occurrence(s) of B3a field ... |
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BUYE |
:95a::CDEA is Mandatory |
:95a::INTE is Optional |
:95a::ACCW is Optional |
:95a::BENM is Not allowed |
SELL |
:95a::ACCW is Mandatory |
:95a::INTE is Optional |
:95a::CDEA is Optional |
:95a::BENM is Optional |
C10. In each occurrence of sequence B3, the following party fields cannot appear more than once :
Subsequence B3a |
:95a::CDEA |
:95a::INTE |
:95a::ACCW |
:95a::BENM |