Instruction specifications - Swift ISO 15022 ICP mode - CEU - Australia
Reference
Note: The Swift formats below are those that are recommended by CEU. Ordering parties and beneficiaries can also be specified in other combinations but the counterparty information must contain a BIC11.
In the following tables M=Mandatory; O=Optional; C=Conditional; Seq=Swift Message (sub)sequence.
MT542 Deliver Free / MT543 Delivery against Payment
Seq | ||||
C | :20C: | :COMM | //common reference a | A1 |
M | :98A: | :TRAD | //Trade date | B |
M | :97A: | :SAFE | //4-digit account master or 7-digit account in CASCADE | C |
M | :95P: | :PSET | //DAKVDEFFXXX | E1 |
M | :95P: | :REAG | //CAETAU21XXX b or ACLRAU2SXXX c | E1 |
M | :95P: | :RECU | //Counterparty's BIC d | E1 |
M | :95P: | :BUYR | //Beneficiary BIC | E1 |
O | :97A: | :SAFE | //Beneficiary Party’s account | E1 |
MT540 Receive Free / MT541 Receive against Payment
Seq | ||||
C | :20C: | :COMM | //common reference a | A1 |
M | :98A: | :TRAD | //Trade date | B |
M | :97A: | :SAFE | //4-digit account master or 7-digit account in CASCADE | C |
M | :95P: | :PSET | //DAKVDEFFXXX | E1 |
M | :95P: | :DEAG | //CAETAU21XXX b or ACLRAU2SXXX c | E1 |
M | :95P: | :DECU | //Counterparty's BIC d | E1 |
M | :95P: | :SELL | //Beneficiary BIC | E1 |
O | :97A: | :SAFE | //Beneficiary Party’s account | E1 |
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a. The Common Trade Reference serves as an additional matching criterion for settlements in CHESS. If one party includes this field, both parties must populate it with the identical value; otherwise, the settlement instruction will fail to match.
b. To be used for Equity-related instruments and listed debt securities eligible in CHESS
c. To be used for Unlisted debt securities eligible in Austraclear
d. If no beneficiary party is provided, the counterparty's BIC is to be specified in the BUYR/SELL field.
