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.
for a given safekeeping account linked to one cash account (maintaining separate cash sub-accounts by currency), or
for a given safekeeping account linked to multiple cash accounts (maintaining separate cash sub-accounts by currency), or
for a given cash account (maintaining separate cash sub-accounts by currency) linked to multiple safekeeping accounts.
The transaction activity contained in the report includes all transactions which have been settled or booked to the safekeeping account(s) for a specified period. Booked transactions are those that have been contractually posted (including those that may not have yet settled in the local market) and have affected the portfolios cash position. This report must not include pending transactions in the receivable or payable ledgers nor may it include settled transactions that have a future settlement date; pending transactions are included in the MT 537 Statement of Pending Transactions.
The report lists all activities by currency. So called, 'free' asset movement, eg, dividends in the form of securities, must appear in the free asset movement sequence.
All currencies for which there was an activity must also be reported. When there are no activities to be reported, the activity flag, in sequence A must be used. In sequence B, a separate activity flag can be used per cash account (where multiple cash accounts are linked to one safekeeping account).
The frequency of the report must be bilaterally agreed between the account servicer and the account owner.
The message may be used to respond to a request for statement, ie, the MT 549 Request for Statement/Status Advice.
| 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 | 28E | Page Number/Continuation Indicator | 5n/4!c | 2 | ||
| O | 13A | STAT | Number Identification | Statement Number | :4!c//3!c | 3 |
| M | 20C | SEME | Reference | Sender's Message Reference | :4!c//16x | 4 |
| M | 23G | Function of the Message | 4!c[/4!c] | 5 | ||
| O | 98a | PREP | Date/Time | Preparation Date/Time | A or C | 6 |
| M | 69a | STAT | Period | Statement Period | A or B | 7 |
-----> |
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| O | 22F | 4!c | Indicator | (see qualifier description) | :4!c/[8c]/4!c | 8 |
-----| |
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-----> Optional Repetitive Subsequence A1 Linkages |
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| M | 16R | Start of Block | LINK | 9 | ||
| O | 13a | LINK | Number Identification | Linked Message | A or B | 10 |
| M | 20C | 4!c | Reference | (see qualifier description) | :4!c//16x | 11 |
| M | 16S | End of Block | LINK | 12 | ||
-----| End of Subsequence A1 Linkages |
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| O | 95a | ACOW | Party | Account Owner | P or R | 13 |
| O | 97a | SAFE | Account | Safekeeping Account | A or B | 14 |
| M | 17B | ACTI | Flag | Activity Flag | :4!c//1!a | 15 |
| M | 16S | End of Block | GENL | 16 | ||
End of Sequence A General Information |
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-----> Optional Repetitive Sequence B Cash Account Activity |
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| M | 16R | Start of Block | CASHACCT | 17 | ||
| O | 95a | ACOW | Party | Account Owner | P or R | 18 |
| M | 97A | CASH | Account | Cash Account | :4!c//35x | 19 |
-----> Mandatory Repetitive Subsequence B1 Activity Information Per Currency |
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| M | 16R | Start of Block | ACTCURR | 20 | ||
| M | 11A | ACCT | Currency | Currency of Account | :4!c//3!a | 21 |
| M | 17B | ACTI | Flag | Activity Flag | :4!c//1!a | 22 |
-----> |
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| M | 93D | 4!c | Balance | (see qualifier description) | :4!c//[N]15d | 23 |
-----| |
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-----> Optional Repetitive Subsequence B1a Activity Information Per Transaction |
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| M | 16R | Start of Block | ACTINFO | 24 | ||
-----> Mandatory Repetitive Subsequence B1a1 Linkages |
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| M | 16R | Start of Block | LINK | 25 | ||
| O | 13a | LINK | Number Identification | Linked Message | A or B | 26 |
| M | 20C | 4!c | Reference | (see qualifier description) | :4!c//16x | 27 |
| M | 16S | End of Block | LINK | 28 | ||
-----| End of Subsequence B1a1 Linkages |
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Optional Subsequence B1a2 Cash Only Movement Details |
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| M | 16R | Start of Block | CASHDET | 29 | ||
| M | 19A | PSTA | Amount | Posting Amount | :4!c//[N]3!a15d | 30 |
| O | 36B | UNDL | Quantity of Financial Instrument | Underlying Quantity | :4!c//4!c/15d | 31 |
| O | 35B | Identification of the Financial Instrument | [ISIN1!e12!c] [4*35x] |
32 | ||
-----> |
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| M | 22a | 4!c | Indicator | (see qualifier description) | F or H | 33 |
-----| |
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| M | 98a | ESET | Date/Time | Effective Settlement Date/Time | A, B, or C | 34 |
| O | 70E | TRDE | Narrative | Transaction Details Narrative | :4!c//10*35x | 35 |
| M | 16S | End of Block | CASHDET | 36 | ||
End of Subsequence B1a2 Cash Only Movement Details |
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Optional Subsequence B1a3 Cash and Securities Movement Details |
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| M | 16R | Start of Block | CASHSECDET | 37 | ||
| O | 97a | SAFE | Account | Safekeeping Account | A or B | 38 |
-----> |
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| M | 19A | 4!c | Amount | (see qualifier description) | :4!c//[N]3!a15d | 39 |
-----| |
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| M | 36B | PSTA | Quantity of Financial Instrument | Posting Quantity | :4!c//4!c/15d | 40 |
| O | 99A | DAAC | Number Count | Number of Days Accrued | :4!c//[N]3!n | 41 |
| M | 35B | Identification of the Financial Instrument | [ISIN1!e12!c] [4*35x] |
42 | ||
-----> |
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| M | 22a | 4!c | Indicator | (see qualifier description) | F or H | 43 |
-----| |
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-----> |
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| M | 98a | 4!c | Date/Time | (see qualifier description) | A, B, or C | 44 |
-----| |
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| O | 25D | MOVE | Status Code | Movement Status | :4!c/[8c]/4!c | 45 |
| O | 70E | TRDE | Narrative | Transaction Details Narrative | :4!c//10*35x | 46 |
| M | 16S | End of Block | CASHSECDET | 47 | ||
End of Subsequence B1a3 Cash and Securities Movement Details |
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-----> Optional Repetitive Subsequence B1a4 Settlement Parties |
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| M | 16R | Start of Block | SETPRTY | 48 | ||
| M | 95a | 4!c | Party | (see qualifier description) | C, P, Q, or R | 49 |
| O | 97a | SAFE | Account | Safekeeping Account | A or B | 50 |
| M | 16S | End of Block | SETPRTY | 51 | ||
-----| End of Subsequence B1a4 Settlement Parties |
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| M | 16S | End of Block | ACTINFO | 52 | ||
-----| End of Subsequence B1a Activity Information Per Transaction |
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| M | 16S | End of Block | ACTCURR | 53 | ||
-----| End of Subsequence B1 Activity Information Per Currency |
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| M | 16S | End of Block | CASHACCT | 54 | ||
-----| End of Sequence B Cash Account Activity |
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-----> Optional Repetitive Sequence C Free Asset Activity |
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| M | 16R | Start of Block | FREEASS | 55 | ||
-----> Mandatory Repetitive Subsequence C1 Linkages |
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| M | 16R | Start of Block | LINK | 56 | ||
| O | 13a | LINK | Number Identification | Linked Message | A or B | 57 |
| M | 20C | 4!c | Reference | (see qualifier description) | :4!c//16x | 58 |
| M | 16S | End of Block | LINK | 59 | ||
-----| End of Subsequence C1 Linkages |
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Optional Subsequence C2 Transaction Details |
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| M | 16R | Start of Block | TRANSDET | 60 | ||
| O | 95a | ACOW | Party | Account Owner | P or R | 61 |
| O | 97a | SAFE | Account | Safekeeping Account | A or B | 62 |
| M | 36B | PSTA | Quantity of Financial Instrument | Posting Quantity | :4!c//4!c/15d | 63 |
| O | 99A | DAAC | Number Count | Number of Days Accrued | :4!c//[N]3!n | 64 |
| M | 35B | Identification of the Financial Instrument | [ISIN1!e12!c] [4*35x] |
65 | ||
-----> |
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| M | 22a | 4!c | Indicator | (see qualifier description) | F or H | 66 |
-----| |
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-----> |
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| M | 98a | 4!c | Date/Time | (see qualifier description) | A, B, or C | 67 |
-----| |
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| O | 25D | MOVE | Status Code | Movement Status | :4!c/[8c]/4!c | 68 |
| O | 70E | TRDE | Narrative | Transaction Details Narrative | :4!c//10*35x | 69 |
-----> Optional Repetitive Subsequence C2a Settlement Parties |
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| M | 16R | Start of Block | SETPRTY | 70 | ||
| M | 95a | 4!c | Party | (see qualifier description) | C, P, Q, or R | 71 |
| O | 97a | SAFE | Account | Safekeeping Account | A or B | 72 |
| M | 16S | End of Block | SETPRTY | 73 | ||
-----| End of Subsequence C2a Settlement Parties |
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| M | 16S | End of Block | TRANSDET | 74 | ||
End of Subsequence C2 Transaction Details |
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| M | 16S | End of Block | FREEASS | 75 | ||
-----| End of Sequence C Free Asset Activity |
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Optional Sequence D Additional Information |
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| M | 16R | Start of Block | ADDINFO | 76 | ||
-----> |
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| O | 95a | 4!c | Party | (see qualifier description) | P, Q, or R | 77 |
-----| |
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| M | 16S | End of Block | ADDINFO | 78 | ||
End of Sequence D Additional Information |
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C1. If the Activity Flag (field :17B::ACTI) in sequence A General Information indicates no information to be reported, ie, N, then sequence B Cash Account Activity and sequence C Free Asset Activity must not be present. Sequence B Cash Account Activity and Sequence C Free Asset Activity are otherwise optional .
Sequence A if field :17B::ACTI is ... |
Sequence B is ... |
Sequence C is ... |
N |
Not allowed |
Not allowed |
Y |
Optional |
Optional |
C2. Within each occurrence of subsequence B1 Activity Information Per Currency, if the Activity Flag (field :17B::ACTI) indicates no information to be reported, ie, N, then subsequence B1a Activity Information Per Transaction within that subsequence B1 is not allowed. If field 17B::ACTI is equal to 'Y', then subsequence B1a Activity Information Per Transaction is mandatory. .
Subsequence B1 if field :17B::ACTI is ... |
Subsequence B1a is ... |
N |
Not allowed |
Y |
Mandatory (ie minimum once) |
C3. Within subsequence B1a Activity Information per Transaction, subsequence B1a2 Cash Only Movement Details and subsequence B1a3 Cash and Securities Movement Details are mutually exclusive .
If Subsequence B1a2 is ... |
then Subsequence B1a3 is ... |
Present |
Not allowed |
Not present |
Mandatory |
C4. The following party fields cannot appear more than once in the same occurrence of subsequence B1a :
Subsequence B1a4 |
:95a::BUYR |
:95a::DEAG |
:95a::DECU |
:95a::DEI1 |
:95a::DEI2 |
:95a::PSET |
:95a::REAG |
:95a::RECU |
:95a::REI1 |
:95a::REI2 |
:95a::SELL |
C5. If a qualifier from the list Deliverers is present in a subsequence B1a4, 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 B1a4, then :95a::DEI1 must be present in another subseq B1a4.
If :95a::DEI1 is present in subseq B1a4, then :95a::DECU must be present in another subseq B1a4.
If :95a::DECU is present in subseq B1a4, then :95a::SELL must be present in another subseq B1a4.
If a qualifier from the list Receivers is present in a subsequence B1a4, 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 B1a4, then :95a::REI1 must be present in another subseq B1a4.
If :95a::REI1 is present in subseq B1a4, then :95a::RECU must be present in another subseq B1a4.
If :95a::RECU is present in subseq B1a4, then :95a::BUYR must be present in another subseq B1a4.
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) |
C6. The following party fields cannot appear more than once in the same occurrence of subsequence C2 :
Subsequence C2a |
:95a::BUYR |
:95a::DEAG |
:95a::DECU |
:95a::DEI1 |
:95a::DEI2 |
:95a::PSET |
:95a::REAG |
:95a::RECU |
:95a::REI1 |
:95a::REI2 |
:95a::SELL |
C7. If a qualifier from the list Deliverers is present in a subsequence C2a, 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 C2a, then :95a::DEI1 must be present in another subseq C2a.
If :95a::DEI1 is present in subseq C2a, then :95a::DECU must be present in another subseq C2a.
If :95a::DECU is present in subseq C2a, then :95a::SELL must be present in another subseq C2a.
If a qualifier from the list Receivers is present in a subsequence C2a, 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 C2a, then :95a::REI1 must be present in another subseq C2a.
If :95a::REI1 is present in subseq C2a, then :95a::RECU must be present in another subseq C2a.
If :95a::RECU is present in subseq C2a, then :95a::BUYR must be present in another subseq C2a.
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) |
C8. 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 |
C9. In subsequence B1a4, if field :95a::PSET is present, then field :97a::SAFE is not allowed in the same subsequence .
Subsequence B1a4 if field :95a::PSET is ... |
Subsequence B1a4 then field :97a::SAFE is ... |
Present |
Not allowed within the same occurrence |
Not present |
Optional |
C10. In subsequence C2a, if field :95a::PSET is present, then field :97a::SAFE is not allowed in the same subsequence .
Subsequence C2a if field :95a::PSET is ... |
Subsequence C2a then field :97a::SAFE is ... |
Present |
Not allowed within the same occurrence |
Not present |
Optional |
This report is used by the account servicer to report on all settled or booked transactions including affected cash and free movements.
In responding to a request for statement, the MT 549, and where the report is being sent outside the agreed on frequency, the linkage sequence must contain the reference to the MT 549 previously sent by the account owner.
Where the statement period contains only free asset movements, the opening and closing cash balances will be the same.
Where the report covers a single day's activities, the to and from dates in the statement period will be identical.
Where there is no activity in a currency, the opening and closing balances must be present and be equal. Where there is no activity in the account for the period for all currencies, each currency must be reported as having an opening and closing balance of the same amount.
Where a 'free' transaction is listed, the free asset activity sequence must be used. The following types of transactions must be identified in the following sequences:
Types of transaction: |
Sequence: |
Deliver Versus Payment |
Cash and Securities Movement Details sequence |
Receive Versus Payment |
Cash and Securities Movement Details sequence |
Free Asset Delivery |
Free Asset Movement sequence |
Free Asset Receipt |
Free Asset Movement sequence |
Securities Income (corporate action-transactions) cash and securities involved |
Cash and Securities Movement Details sequence |
Securities Income (corporate action-transactions) no cash involved |
Free Asset Movement sequence |
Securities Income (corporate action-transactions) only cash involved |
Cash Only Movement Details sequence |
Cash Credit |
Cash Only Movement Details sequence |
Cash Debit |
Cash Only Movement Details sequence |
The specification of the cash and safekeeping accounts is linked to combination accounts.
Where the report is sent for a given safekeeping account linked to one cash account (maintaining separate cash sub-accounts by currency), the safekeeping account must be specified in the general information sequence and not in the cash and securities movement details sequence nor in the Free Asset Movement sequence. The cash account activity sequence must appear only once.
Where the report is sent for a given safekeeping account linked to multiple cash accounts (maintaining separate cash sub-accounts by currency), the safekeeping account must be specified in the sequence General Information and not in the cash and securities movement details sequence nor in the free asset movement sequence. For each cash account an separate sequence Cash Account Activity must be used.
Where the report is sent for a given cash account (maintaining separate cash sub-accounts by currency) linked to multiple safekeeping accounts, the safekeeping account field must not be used in the sequence General Information but in the safekeeping account must be specified in each occurrence of the Cash and securities movement details sequence and in the free asset movement sequence. The cash account activity sequence must appear only once.