| Option B | :4!c/[8c]/4!c[/30x] | (Qualifier)(Data Source Scheme)(Place Code)(Narrative) |
| Option C | :4!c//2!a | (Qualifier)(Country) |
| Option F | :4!c//4!c/4!a2!a2!c[3!c] | (Qualifier)(Place)(BIC/BEI) |
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
1 |
O |
SAFE |
N |
|
B, C, or F |
Place of Safekeeping |
This qualified generic field specifies:
SAFE |
Place of Safekeeping |
Location where the financial instruments are/will be safekept. |
In option B, if Data Source Scheme is not present, Place Code must contain the following code :
SHHE |
Shares Held Elsewhere |
Used for certain financial instruments, eg, US mutual funds, where settlement is internal only, ie, there is no external movement of securities. |
In option F, Place must contain one of the following codes :
CUST |
Local Custodian |
Financial instruments held at a local custodian. |
ICSD |
International Central Securities Depository |
Financial instruments held at an International Central Securities Depository. |
NCSD |
National Central Securities Depository |
Financial instruments held at a National Central Securities Depository. |
SHHE |
Shares Held Elsewhere |
Used for certain financial instruments, eg, US mutual funds, where settlement is internal only, ie, there is no external movement of securities. |
Country must be a valid ISO country code .
The BIC/BEI must be a SWIFT registered address, either connected or non-connected .
Narrative (Format Option B) must not start or end with a slash '/' and not contain two consecutive slashes '//' .
The Place of Safekeeping functionality in the settlement instructions is only to be used by global custodians that allow their clients to specify where the securities are to be held, eg, in an ICSD account versus an account at the local CSD.