MT589 Scope

This message type is sent by a depositary bank or its authorised representative to an instructing party, eg, broker-dealer. It may also be sent by a custodian to the owner of a depositary receipt.

It is used to advise the status, or the change in status, of a depositary receipt transaction previously instructed by or executed on behalf of the Receiver.

It may also be used to:

MT589 Format Specifications

StatusTagQualifierGeneric Field NameDetailed Field NameContent/OptionsNo.

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

----->

M 22a 4!c Indicator (see qualifier description) F or H 4

-----|

O 12a 4!c Type of Financial Instrument (see qualifier description) A, B, or C 5
O 98a PREP Date/Time Preparation Date/Time A or C 6

-----> Mandatory Repetitive Subsequence A1 Linkages

M 16R     Start of Block LINK 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

-----> Mandatory Repetitive Subsequence A2 Status

M 16R     Start of Block STAT 11
M 25D 4!c Status Code (see qualifier description) :4!c/[8c]/4!c 12

-----> Optional Repetitive Subsequence A2a Reason

M 16R     Start of Block REAS 13
M 24B 4!c Reason Code (see qualifier description) :4!c/[8c]/4!c 14
O 70D REAS Narrative Reason Narrative :4!c//6*35x 15
M 16S     End of Block REAS 16

-----| End of Subsequence A2a Reason

M 16S     End of Block STAT 17

-----| End of Subsequence A2 Status

M 16S     End of Block GENL 18

End of Sequence A General Information

Optional Sequence B Depositary Receipt Details

M 16R     Start of Block DRDETL 19

----->

O 98a 4!c Date/Time (see qualifier description) A or C 20

-----|

O 95a ACOW Party Account Owner P or R 21
O 97A SAFE Account Safekeeping Account :4!c//35x 22

-----> Optional Repetitive Subsequence B1 Details of Financial Instrument

M 16R     Start of Block FIDETL 23
M 35B     Identification of the Financial Instrument [ISIN1!e12!c]
[4*35x]
24
O 12a 4!c Type of Financial Instrument (see qualifier description) A, B, or C 25
M 36B QSEC Quantity of Financial Instrument Quantity of Securities :4!c//4!c/15d 26
M 16S     End of Block FIDETL 27

-----| End of Subsequence B1 Details of Financial Instrument

-----> Optional Repetitive Subsequence B2 Depositary Receipt Parties

M 16R     Start of Block DRPRTY 28

----->

M 95a 4!c Party (see qualifier description) P, Q, R, or S 29

-----|

----->

O 97A 4!c Account (see qualifier description) :4!c//35x 30

-----|

O 70E PACO Narrative Party Narrative :4!c//10*35x 31
M 16S     End of Block DRPRTY 32

-----| End of Subsequence B2 Depositary Receipt Parties

M 16S     End of Block DRDETL 33

End of Sequence B Depositary Receipt Details

Optional Sequence C Additional Information

M 16R     Start of Block ADDINFO 34

----->

O 70E ADTX Narrative Additional Text :4!c//10*35x 35

-----|

----->

O 95a 4!c Party (see qualifier description) P, Q, or R 36

-----|

M 16S     End of Block ADDINFO 37

End of Sequence C Additional Information


 

MT589 Network Validated Rules