This message is sent by an account servicer (account servicing institution) to an account owner or its designated agent. The account servicer may be a local agent (sub-custodian) acting on behalf of their global custodian customer, or a custodian acting on behalf of an investment management institution or a broker/dealer.
This message is used to report, at a specified moment in time, the quantity and identification of financial instruments which the account servicer maintains for the account owner.
The statement is used to reconcile the books of the account owner and the account servicer for the specified safekeeping account or sub-safekeeping account.
This message may also be used to respond to a request for statement/status advice, ie, the MT 549 Request for Statement/Status Advice and to report that there are no holdings.
The custody statement is used for position reconciliation purposes. It may also report availability and/or the location of the financial instruments to facilitate trading and minimise settlement issues. The holdings may be valuated or not.
The accounting statement provides valuations of a financial instrument portfolio with valuation details for each instrument; this information can either be audited or un-audited. It is typically not used for trading purposes.
| 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 | 28E | Page Number/Continuation Indicator | 5n/4!c | 2 | ||
| O | 13a | STAT | Number Identification | Statement Number | A or J | 3 |
| M | 20C | SEME | Reference | Sender's Message Reference | :4!c//16x | 4 |
| M | 23G | Function of the Message | 4!c[/4!c] | 5 | ||
-----> |
||||||
| M | 98a | 4!c | Date/Time | (see qualifier description) | A or C | 6 |
-----| |
||||||
-----> |
||||||
| M | 22F | 4!c | Indicator | (see qualifier description) | :4!c/[8c]/4!c | 7 |
-----| |
||||||
-----> Optional Repetitive Subsequence A1 Linkages |
||||||
| M | 16R | Start of Block | LINK | 8 | ||
| O | 13a | LINK | Number Identification | Linked Message | A or B | 9 |
| M | 20C | 4!c | Reference | (see qualifier description) | :4!c//16x | 10 |
| M | 16S | End of Block | LINK | 11 | ||
-----| End of Subsequence A1 Linkages |
||||||
| O | 95a | ACOW | Party | Account Owner | P or R | 12 |
| M | 97a | SAFE | Account | Safekeeping Account | A or B | 13 |
-----> |
||||||
| M | 17B | 4!c | Flag | (see qualifier description) | :4!c//1!a | 14 |
-----| |
||||||
| M | 16S | End of Block | GENL | 15 | ||
End of Sequence A General Information |
||||||
-----> Optional Repetitive Sequence B Sub-safekeeping account |
||||||
| M | 16R | Start of Block | SUBSAFE | 16 | ||
| O | 95a | ACOW | Party | Account Owner | P or R | 17 |
| O | 97a | SAFE | Account | Safekeeping Account | A or B | 18 |
| O | 94a | SAFE | Place | Place of Safekeeping | B, C, or F | 19 |
| O | 17B | ACTI | Flag | Activity Flag | :4!c//1!a | 20 |
-----> Optional Repetitive Subsequence B1 Financial Instrument |
||||||
| M | 16R | Start of Block | FIN | 21 | ||
| M | 35B | Identification of the Financial Instrument | [ISIN1!e12!c] [4*35x] |
22 | ||
Optional Subsequence B1a Financial Instrument Attributes |
||||||
| M | 16R | Start of Block | FIA | 23 | ||
-----> |
||||||
| O | 94a | 4!c | Place | (see qualifier description) | B or D | 24 |
-----| |
||||||
-----> |
||||||
| O | 22F | 4!c | Indicator | (see qualifier description) | :4!c/[8c]/4!c | 25 |
-----| |
||||||
-----> |
||||||
| O | 12a | 4!c | Type of Financial Instrument | (see qualifier description) | A, B, or C | 26 |
-----| |
||||||
| O | 11A | DENO | Currency | Currency of Denomination | :4!c//3!a | 27 |
-----> |
||||||
| O | 98A | 4!c | Date | (see qualifier description) | :4!c//8!n | 28 |
-----| |
||||||
-----> |
||||||
| O | 92A | 4!c | Rate | (see qualifier description) | :4!c//[N]15d | 29 |
-----| |
||||||
-----> |
||||||
| O | 13a | 4!c | Number Identification | (see qualifier description) | A, B, or K | 30 |
-----| |
||||||
-----> |
||||||
| O | 17B | 4!c | Flag | (see qualifier description) | :4!c//1!a | 31 |
-----| |
||||||
-----> |
||||||
| O | 90a | 4!c | Price | (see qualifier description) | A or B | 32 |
-----| |
||||||
-----> |
||||||
| O | 36B | 4!c | Quantity of Financial Instrument | (see qualifier description) | :4!c//4!c/15d | 33 |
-----| |
||||||
-----> |
||||||
| O | 35B | Identification of the Financial Instrument | [ISIN1!e12!c] [4*35x] |
34 | ||
-----| |
||||||
| O | 70E | FIAN | Narrative | Financial Instrument Attribute Narrative | :4!c//10*35x | 35 |
| M | 16S | End of Block | FIA | 36 | ||
End of Subsequence B1a Financial Instrument Attributes |
||||||
| O | 22H | CAOP | Indicator | Corporate Action Option Code Indicator | :4!c//4!c | 37 |
| O | 90a | 4!c | Price | (see qualifier description) | A, B, or E | 38 |
| O | 94B | PRIC | Place | Source of Price | :4!c/[8c]/4!c[/30x] | 39 |
| O | 98a | PRIC | Date/Time | Price Quotation Date/Time | A or C | 40 |
-----> |
||||||
| M | 93B | 4!c | Balance | (see qualifier description) | :4!c/[8c]/4!c/[N]15d | 41 |
-----| |
||||||
-----> Optional Repetitive Subsequence B1b Sub-Balance |
||||||
| M | 16R | Start of Block | SUBBAL | 42 | ||
-----> |
||||||
| M | 93a | 4!c | Balance | (see qualifier description) | B or C | 43 |
-----| |
||||||
-----> |
||||||
| O | 94a | 4!c | Place | (see qualifier description) | B, C, or F | 44 |
-----| |
||||||
| O | 90a | 4!c | Price | (see qualifier description) | A, B, or E | 45 |
| O | 98a | PRIC | Date/Time | Price Quotation Date/Time | A or C | 46 |
| O | 99A | DAAC | Number Count | Number of Days Accrued | :4!c//[N]3!n | 47 |
-----> |
||||||
| O | 19A | 4!c | Amount | (see qualifier description) | :4!c//[N]3!a15d | 48 |
-----| |
||||||
| O | 92B | EXCH | Rate | Exchange Rate | :4!c//3!a/3!a/15d | 49 |
| O | 70C | SUBB | Narrative | Sub-Balance Details Narrative | :4!c//4*35x | 50 |
| M | 16S | End of Block | SUBBAL | 51 | ||
-----| End of Subsequence B1b Sub-Balance |
||||||
| O | 99A | DAAC | Number Count | Number of Days Accrued | :4!c//[N]3!n | 52 |
-----> |
||||||
| O | 19A | 4!c | Amount | (see qualifier description) | :4!c//[N]3!a15d | 53 |
-----| |
||||||
| O | 92B | EXCH | Rate | Exchange Rate | :4!c//3!a/3!a/15d | 54 |
| O | 70E | HOLD | Narrative | Holdings Narrative | :4!c//10*35x | 55 |
| M | 16S | End of Block | FIN | 56 | ||
-----| End of Subsequence B1 Financial Instrument |
||||||
| M | 16S | End of Block | SUBSAFE | 57 | ||
-----| End of Sequence B Sub-safekeeping account |
||||||
-----> Optional Repetitive Sequence C Additional Information |
||||||
| M | 16R | Start of Block | ADDINFO | 58 | ||
-----> |
||||||
| O | 95a | 4!c | Party | (see qualifier description) | P, Q, or R | 59 |
-----| |
||||||
-----> |
||||||
| O | 19A | 4!c | Amount | (see qualifier description) | :4!c//[N]3!a15d | 60 |
-----| |
||||||
| M | 16S | End of Block | ADDINFO | 61 | ||
-----| End of Sequence C Additional Information |
||||||
C1. If the Activity Flag (field :17B:ACTI) in sequence A General Information is N, then sequence B must not be present. Otherwise, sequence B is mandatory .
Sequence A if field :17B::ACTI is ... |
Sequence B is ... |
N |
Not allowed |
Y |
Mandatory |
C2. If the statement refers to an accounting statement, ie, :22F::STTY//ACCT present, then at least one occurrence of subsequence B1 is required, and in each occurrence of subsequence B1 both fields Price (field :90a:) and Holding Value (field :19A::HOLD) must be specified .
This check only applies when sequence B Sub-safekeeping Account is present as per rule C1, ie, in sequence A, field :17B::ACTI = Y.
Sequence A if field :17B::ACTI is ... |
then sequence B is ... |
and in sequence A if field :22F::STTY//ACCT is ... |
then subsequence B1 is ... |
and in every occurrence of subsequence B1 field :90a:: is ... |
and in every occurrence of subsequence B1 field :19A::HOLD is ... |
Y |
Mandatory i.e. minimum one occurrence |
Present, and DSS not present in field :22F::STTY |
Mandatory i.e. minimum one occurrence in the message B1 is NOT mandatory in every occurrence of sequence B. |
Mandatory |
Mandatory |
Not present, or DSS present in field :22F::STTY |
Optional |
Optional |
Optional |
||
N |
Not allowed |
Not Applicable |
Not Applicable |
Not Applicable |
Not Applicable |
C3. If the message is a cancellation, ie, Function of the Message (field 23G) is CANC, then subsequence A1 (Linkages) must be present at least once in the message, and in one and only in one occurrence of A1, field :20C::PREV must be present; consequently, in all other occurrences of A1, field :20C::PREV is not allowed .
Sequence A if field :23G: is ... |
then subsequence A1 is ... |
and field :20C::PREV is ... |
CANC |
Mandatory (minimum one occurrence of A1 must be present) |
Mandatory in one occurrence of subseq. A1, and not allowed in all other occurrences of subseq. A1 |
NEWM |
Optional |
Not Applicable |
C4. If in sequence A field :17B::CONS=Y, then in every occurrence of sequence B field :97a::SAFE and field :17B::ACTI are mandatory .
This check only applies when sequence B Sub-safekeeping Account is present per rule C1, ie, in sequence A, field :17B::ACTI=Y.
Sequence A if field :17B::ACTI is ... |
then sequence B is ... |
and sequence A if field :17B::CONS is ... |
then in every occurrence of Sequence B field :97a::SAFE and field :17B::ACTI are ... |
Y |
Mandatory i.e. minimum one occurrence |
Y |
Mandatory |
N |
Not allowed |
||
N |
Not allowed |
Not Applicable |
Not Applicable |
C5. If the Activity Flag (field :17B::ACTI) in sequence B Sub-safekeeping Account indicates no information to be reported, ie, N, then subsequence B1 Financial Instrument must not be present. Subsequence B1 Financial Instrument is otherwise mandatory .
This check only applies when sequence B Sub-safekeeping Account is present per rule C1, ie, in sequence A, field :17B::ACTI=Y.
Sequence A if field :17B::ACTI is ... |
then sequence B is ... |
in every occurrence of sequence B if field :17B::ACTI is ... |
in the same occurrence of sequence B then subsequence B1 is ... |
Y |
Mandatory i.e. minimum one occurrence |
Y |
Mandatory i.e. minimum one occurrence |
N |
Not allowed |
||
Not present |
Mandatory i.e. minimum one occurrence |
||
N |
Not allowed |
Not Applicable |
Not Applicable |
C6. In each occurrence of subsequence B1, if field :93C::PEND is present in one of the occurrences of subsequence B1b, then fields :93C::PDUM and :93C::PDMT are not allowed in the other occurrences of subsequence B1b .
In each occurrence of Subseq. B1 |
|
In Subseq. B1b if field :93C::PEND is ... |
then in all other occurrence(s) of Subseq. B1b field :93C::PDUM and :93C::PDMT are ... |
Present |
Not allowed |
Not present |
Optional |
C7. In each occurrence of subsequence B1, if field :93C::PENR is present in one of the occurrences of subsequence B1b, then fields :93C::PRUM and :93C::PRMT are not allowed in the other occurrences of subsequence B1b .
In each occurrence of Subseq. B1 |
|
In Subseq. B1b if field :93C::PENR is ... |
then in all other occurrence(s) of Subseq. B1b fields :93C::PRUM and :93C::PRMT are ... |
Present |
Not allowed |
Not present |
Optional |
C8. If field :94a:: is present in Sequence B, then field :93B::AGGR and fields :94a::SAFE are not allowed in any occurrence of Subsequence B1b .
Sequence B if field :94a: is ... |
then in any occurrence(s) of Subseq. B1b, field :93B::AGGR and field :94a::SAFE are ... |
Present |
Not allowed |
Not present |
Optional |
C9. If field :93B::AGGR is present in Subsequence B1b, then :field 94a::SAFE must be present in the same Subsequence B1b sequence .
Subsequence B1b if field :93B::AGGR is ... |
then in same Subseq. B1b, field :94a::SAFE is ... |
Present |
Mandatory |
Not present |
Optional |
C10. In each occurrence of Subsequence B1b, if field :93B::AVAI or/and :93B::NAVL is/are present, then :field :93B::AGGR must be present in the same occurrence of Subsequence B1b .
C11. In each occurrence of subsequence B1, field :93B::AGGR cannot appear more than twice (maximum two occurrences). When repeated, one occurrence must have Quantity Type Code FAMT and the other occurrence must have Quantity Type Code AMOR .
Subsequence B1 if field :93B::AGGR is ... |
Then one occurrence of :93B::AGGR must be ... |
And the other occurrence of :93B::AGGR must be ... |
Repeated |
:93B::AGGR//FAMT and DSS must not be present |
:93B::AGGR//AMOR and DSS must not be present |
Not Repeated |
Not Applicable |
Not Applicable |
This statement is used by the account servicer to report on holdings it services for the account owner.
The frequency of the statement must be bilaterally agreed between the account servicer and the account owner.
The statement can be sent reflecting all outstanding holding information or may contain only changes since the previously sent statement.
Since a SWIFT message as sent is restricted to the maximum input message length, several messages may be needed to accommodate all the information.