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.
confirm the delivery of financial instruments against payment, physically or by book-entry, from a specified party (the function of the message is NEWM)
cancel a confirmation of a delivery against payment previously sent by the account servicer (the function of the message is CANC)
reverse a confirmation of a delivery against payment previously sent by the account servicer (the function of the message is RVSL).
The message is also used to pre-confirm settlement or to confirm a partial settlement of a delivery of financial instruments against payment.
| 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 | ||
| 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 or C | 4 |
-----> |
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| O | 22a | 4!c | Indicator | (see qualifier description) | F or H | 5 |
-----| |
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-----> Mandatory Repetitive Subsequence A1 Linkages |
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| 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 |
| M | 16S | End of Block | LINK | 10 | ||
-----| End of Subsequence A1 Linkages |
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| M | 16S | End of Block | GENL | 11 | ||
End of Sequence A General Information |
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Mandatory Sequence B Trade Details |
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| M | 16R | Start of Block | TRADDET | 12 | ||
| O | 94B | TRAD | Place | Place of Trade | :4!c/[8c]/4!c[/30x] | 13 |
-----> |
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| M | 98a | 4!c | Date/Time | (see qualifier description) | A, B, C, or E | 14 |
-----| |
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| O | 90a | DEAL | Price | Deal Price | A or B | 15 |
| O | 99A | DAAC | Number Count | Number of Days Accrued | :4!c//[N]3!n | 16 |
| M | 35B | Identification of the Financial Instrument | [ISIN1!e12!c] [4*35x] |
17 | ||
Optional Subsequence B1 Financial Instrument Attributes |
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| M | 16R | Start of Block | FIA | 18 | ||
| O | 94B | PLIS | Place | Place of Listing | :4!c/[8c]/4!c[/30x] | 19 |
-----> |
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| O | 22F | 4!c | Indicator | (see qualifier description) | :4!c/[8c]/4!c | 20 |
-----| |
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-----> |
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| O | 12a | 4!c | Type of Financial Instrument | (see qualifier description) | A, B, or C | 21 |
-----| |
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| O | 11A | DENO | Currency | Currency of Denomination | :4!c//3!a | 22 |
-----> |
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| O | 98A | 4!c | Date | (see qualifier description) | :4!c//8!n | 23 |
-----| |
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-----> |
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| O | 92A | 4!c | Rate | (see qualifier description) | :4!c//[N]15d | 24 |
-----| |
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-----> |
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| O | 13a | 4!c | Number Identification | (see qualifier description) | A, B, or K | 25 |
-----| |
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-----> |
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| O | 17B | 4!c | Flag | (see qualifier description) | :4!c//1!a | 26 |
-----| |
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-----> |
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| O | 90a | 4!c | Price | (see qualifier description) | A or B | 27 |
-----| |
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-----> |
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| O | 36B | 4!c | Quantity of Financial Instrument | (see qualifier description) | :4!c//4!c/15d | 28 |
-----| |
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-----> |
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| O | 35B | Identification of the Financial Instrument | [ISIN1!e12!c] [4*35x] |
29 | ||
-----| |
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| O | 70E | FIAN | Narrative | Financial Instrument Attribute Narrative | :4!c//10*35x | 30 |
| M | 16S | End of Block | FIA | 31 | ||
End of Subsequence B1 Financial Instrument Attributes |
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-----> |
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| O | 22F | 4!c | Indicator | (see qualifier description) | :4!c/[8c]/4!c | 32 |
-----| |
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-----> |
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| O | 70E | 4!c | Narrative | (see qualifier description) | :4!c//10*35x | 33 |
-----| |
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| M | 16S | End of Block | TRADDET | 34 | ||
End of Sequence B Trade Details |
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-----> Mandatory Repetitive Sequence C Financial Instrument/Account |
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| M | 16R | Start of Block | FIAC | 35 | ||
-----> |
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| M | 36B | 4!c | Quantity of Financial Instrument | (see qualifier description) | :4!c//4!c/15d | 36 |
-----| |
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-----> |
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| O | 19A | 4!c | Amount | (see qualifier description) | :4!c//[N]3!a15d | 37 |
-----| |
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| O | 70D | DENC | Narrative | Denomination Choice | :4!c//6*35x | 38 |
-----> |
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| O | 13B | CERT | Number Identification | Certificate Number | :4!c/[8c]/30x | 39 |
-----| |
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| O | 95a | ACOW | Party | Account Owner | P or R | 40 |
-----> |
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| M | 97a | 4!c | Account | (see qualifier description) | A or B | 41 |
-----| |
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| O | 94a | SAFE | Place | Place of Safekeeping | B, C, or F | 42 |
| M | 16S | End of Block | FIAC | 43 | ||
-----| End of Sequence C Financial Instrument/Account |
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Optional Sequence D Two Leg Transaction Details |
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| M | 16R | Start of Block | REPO | 44 | ||
| O | 98a | TERM | Date/Time | Closing Date/Time | A, B, or C | 45 |
-----> |
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| O | 22F | 4!c | Indicator | (see qualifier description) | :4!c/[8c]/4!c | 46 |
-----| |
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-----> |
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| O | 20C | 4!c | Reference | (see qualifier description) | :4!c//16x | 47 |
-----| |
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-----> |
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| O | 92a | 4!c | Rate | (see qualifier description) | A, C, or F | 48 |
-----| |
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-----> |
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| O | 99B | 4!c | Number Count | (see qualifier description) | :4!c//3!n | 49 |
-----| |
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-----> |
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| O | 19A | 4!c | Amount | (see qualifier description) | :4!c//[N]3!a15d | 50 |
-----| |
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| O | 70C | SECO | Narrative | Second Leg Narrative | :4!c//4*35x | 51 |
| M | 16S | End of Block | REPO | 52 | ||
End of Sequence D Two Leg Transaction Details |
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Mandatory Sequence E Settlement Details |
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| M | 16R | Start of Block | SETDET | 53 | ||
-----> |
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| M | 22F | 4!c | Indicator | (see qualifier description) | :4!c/[8c]/4!c | 54 |
-----| |
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-----> Mandatory Repetitive Subsequence E1 Settlement Parties |
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| M | 16R | Start of Block | SETPRTY | 55 | ||
-----> |
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| M | 95a | 4!c | Party | (see qualifier description) | C, P, Q, R, or S | 56 |
-----| |
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| O | 97a | SAFE | Account | Safekeeping Account | A or B | 57 |
| O | 98a | PROC | Date/Time | Processing Date/Time | A or C | 58 |
| O | 20C | PROC | Reference | Processing Reference | :4!c//16x | 59 |
-----> |
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| O | 70a | 4!c | Narrative | (see qualifier description) | C, D, or E | 60 |
-----| |
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| M | 16S | End of Block | SETPRTY | 61 | ||
-----| End of Subsequence E1 Settlement Parties |
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-----> Optional Repetitive Subsequence E2 Cash Parties |
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| M | 16R | Start of Block | CSHPRTY | 62 | ||
-----> |
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| M | 95a | 4!c | Party | (see qualifier description) | P, Q, R, or S | 63 |
-----| |
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-----> |
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| O | 97A | 4!c | Account | (see qualifier description) | :4!c//35x | 64 |
-----| |
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| O | 20C | PROC | Reference | Processing Reference | :4!c//16x | 65 |
-----> |
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| O | 70a | 4!c | Narrative | (see qualifier description) | C, D, or E | 66 |
-----| |
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| M | 16S | End of Block | CSHPRTY | 67 | ||
-----| End of Subsequence E2 Cash Parties |
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-----> Mandatory Repetitive Subsequence E3 Amount |
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| M | 16R | Start of Block | AMT | 68 | ||
-----> |
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| O | 17B | 4!c | Flag | (see qualifier description) | :4!c//1!a | 69 |
-----| |
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-----> |
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| M | 19A | 4!c | Amount | (see qualifier description) | :4!c//[N]3!a15d | 70 |
-----| |
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| O | 98a | VALU | Date/Time | Value Date/Time | A or C | 71 |
| O | 92B | EXCH | Rate | Exchange Rate | :4!c//3!a/3!a/15d | 72 |
| M | 16S | End of Block | AMT | 73 | ||
-----| End of Subsequence E3 Amount |
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| M | 16S | End of Block | SETDET | 74 | ||
End of Sequence E Settlement Details |
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-----> Optional Repetitive Sequence F Other Parties |
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| M | 16R | Start of Block | OTHRPRTY | 75 | ||
-----> |
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| M | 95a | 4!c | Party | (see qualifier description) | C, P, Q, R, or S | 76 |
-----| |
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-----> |
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| O | 97A | 4!c | Account | (see qualifier description) | :4!c//35x | 77 |
-----| |
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-----> |
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| O | 70a | 4!c | Narrative | (see qualifier description) | C, D, or E | 78 |
-----| |
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| O | 20C | PROC | Reference | Processing Reference | :4!c//16x | 79 |
| M | 16S | End of Block | OTHRPRTY | 80 | ||
-----| End of Sequence F Other Parties |
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C1. The following amount fields cannot appear in more than one occurrence of the subsequence E3 Amounts :
Subsequence E3 |
:19A::ACRU |
:19A::ANTO |
:19A::CHAR |
:19A::COUN |
:19A::DEAL |
:19A::EUTR |
:19A::EXEC |
:19A::ESTT |
:19A::ISDI |
:19A::LEVY |
:19A::LOCL |
:19A::LOCO |
:19A::MARG |
:19A::OTHR |
:19A::POST |
:19A::REGF |
:19A::SHIP |
:19A::SPCN |
:19A::STAM |
:19A::STEX |
:19A::TRAN |
:19A::TRAX |
:19A::VATA |
:19A::WITH |
:19A::COAX |
:19A::ACCA |
C2. It is mandatory to specify a Settled Amount: one occurrence of subsequence E3 Amounts must contain amount field :19A::ESTT .
C3. If sequence C Financial Instrument/Account is present once, the Settled Amount (field :19A::ESTT) must not be present in sequence C .
C4. If sequence C is present two or more times, the Settled Amount (field :19A::ESTT) must be present in every occurrence of sequence C or in none .
the sum of all occurrences of the Settled Amount (field :19A::ESTT) in subsequence C must be equal to the Settled Amount (field :19A::ESTT) in sequence E3 and
the currency code in the settled amounts (fields :19A::ESTT in (sub)sequences C and E3) must be the same for all occurrences of these fields in the message.
C5. If an Exchange Rate (field :92B::EXCH) is present, the corresponding Resulting Amount (field :19A::RESU) must be present in the same subsequence. If the Exchange Rate is not present then the Resulting Amount is not allowed. This check applies to subsequence E3 .
Subsequence E3 if field :92B::EXCH is ... |
Subsequence E3 then field :19A::RESU is ... |
Present |
Mandatory |
Not present |
Not allowed |
C6. The following party fields cannot appear more than once in a message :
Subsequence E1 |
Subsequence E2 |
Sequence F |
:95a::BUYR |
:95a::ACCW |
:95a::EXCH |
:95a::DEAG |
:95a::BENM |
:95a::MEOR |
:95a::DECU |
:95a::PAYE |
:95a::MERE |
:95a::DEI1 |
|
:95a::TRRE |
:95a::DEI2 |
|
:95a::INVE |
:95a::PSET |
|
:95a::VEND |
:95a::REAG |
|
:95a::TRAG |
:95a::RECU |
|
|
:95a::REI1 |
|
|
:95a::REI2 |
|
|
:95a::SELL |
|
|
C7. If field :22F::DBNM is NOT present in sequence E, then it is mandatory to specify a receiving agent and a place of settlement: one occurrence of subsequence E1 Settlement Parties must contain party field :95a::REAG and another one must contain party field :95a::PSET .
C8. If a qualifier from the list Deliverers is present in a subsequence E1, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Deliverers (see below) must be present .
If :95a::DEI2 is present in subseq E1, then :95a::DEI1 must be present in another subseq E1.
If :95a::DEI1 is present in subseq E1, then :95a::DECU must be present in another subseq E1.
If :95a::DECU is present in subseq E1, then :95a::SELL must be present in another subseq E1.
If a qualifier from the list Receivers is present in a subsequence E1, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Receivers (see below) must be present.
If :95a::REI2 is present in subseq E1, then :95a::REI1 must be present in another subseq E1.
If :95a::REI1 is present in subseq E1, then :95a::RECU must be present in another subseq E1.
If :95a::RECU is present in subseq E1, then :95a::BUYR must be present in another subseq E1.
Deliverers |
|
Receivers |
|
DEI2 |
Deliverer's Intermediary 2 |
REI2 |
Receiver's Intermediary 2 |
DEI1 |
Deliverer's Intermediary 1 |
REI1 |
Receiver's Intermediary 1 |
DECU |
Deliverer's Custodian |
RECU |
Receiver's Custodian |
SELL |
Seller (Deliverer) |
BUYR |
Buyer (Receiver) |
C9. If the message is a cancellation or a reversal, ie, Function of the Message (field 23G) is CANC or RVSL, then field :20C::PREV must be present in one and only one occurrence of Subseq. A1; consequently, in all other occurrences of A1, field :20C::PREV is not allowed .
Sequence A if field :23G: is ... |
then field :20C::PREV is ... |
CANC or RVSL |
Mandatory in one occurrence of subseq. A1, and not allowed in all other occurrences of subseq. A1 |
NEWM |
Not Applicable |
C10. In subsequence E1, if field :95a::PSET is present, then field :97a::SAFE is not allowed in the same subsequence .
Subsequence E1 if field :95a::PSET is ... |
Subsequence E1 then field :97a::SAFE is ... |
Present |
Not allowed within the same occurrence |
Not present |
Optional |
C11. A reference to the previously received message must be specified, i.e. field 20C::RELA must be present in one and only one occurrence of subsequence A1 Linkages; field 20C::RELA is not allowed in all other occurrences of subsequence A1 .
C12. In each occurrence of sequence C, field :36B::ESTT 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 .
Sequence C if field :36B::ESTT is ... |
Then one occurrence of :36B::ESTT must be ... |
And the other occurrence of :36B::ESTT must be ... |
Repeated |
:36B::ESTT//FAMT |
:36B::ESTT//AMOR |
Not Repeated |
Not Applicable |
Not Applicable |
re-send a message (be it a confirmation, cancellation or reversal of a confirmation) sent by the account servicer to the account owner (the sub-function of the message is DUPL)
provide a third party with a copy of a message (be it a confirmation, cancellation or reversal of a confirmation) being sent by the account servicer for information (the sub-function of the message is COPY)
re-send a third party a copy of a message (be it a confirmation, cancellation or reversal of a confirmation) being sent by the account servicer for information (sub-function of the message is CODU).
When the message is used as a cancellation, the linkage sequence must contain the reference of the original confirmation.