Instruction specifications - Xact Web Portal - CEU OneClearstream - Hong Kong
Reference
In the following tables, M=Mandatory; O=Optional; C=Conditional.
Receive Free and Receive Against Payment
CCASS-eligible equities and warrants - Buyer/Seller is direct client of Delivering/Receiving Agent | ||
M | Safekeeping Account | |
M | Trade date | |
O | Common ID a | |
Delivering settlement parties | ||
M | Depository Format | BIC |
Depository Identifier | XHKCHKH1XXX | |
M | Party 1 Format | BIC |
Party 1 Identifier | Counterparty's BIC | |
M | Party 2 Format | BIC |
Part 2 Identifier | Ordering party's BIC if different from P1 | |
M | Party 3 Format | Name |
Party 3 Identifier | UNKNOWN | |
M | Party 3 Safekeeping account | Ordering party account |
Deliver Free and Deliver Against Payment
CCASS-eligible equities and warrants - Buyer/Seller is direct client of Delivering/Receiving Agent | ||
M | Safekeeping Account | |
M | Trade date | |
O | Common ID a | |
Receiving settlement parties | ||
M | Depository Format | BIC |
Depository Identifier | XHKCHKH1XXX | |
M | Party 1 Format | BIC |
Party 1 Identifier | Counterparty's BIC | |
M | Party 2 Format | BIC |
Part 2 Identifier | Beneficiary BIC if different from P1 | |
M | Party 3 Format | Name |
Party 3 Identifier | UNKNOWN | |
M | Party 3 Safekeeping account | Beneficiary account |
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a. The Common Reference may be populated based on market practices and in coordination with local counterparties.
Receive Free and Receive Against Payment
CMU instruments | ||
M | Safekeeping Account | |
M | Trade date | |
O | Common ID a | |
Delivering settlement parties | ||
M | Depository Format | BIC |
Depository Identifier | HKMAHKHCXXX | |
M | Party 1 Format | BIC |
Party 1 Identifier | Counterparty's BIC | |
M | Party 1 Safekeeping account | Counterparty’s CMU account |
C b | Party 2 Format | BIC |
Part 2 Identifier | Ordering party's BIC if different from P1 | |
C b | Party 3 Format | Name |
Party 3 Identifier | UNKNOWN | |
C b | Party 3 Safekeeping account | Ordering party account |
Deliver Free and Deliver Against Payment
CMU instruments | ||
M | Safekeeping Account | |
M | Trade date | |
O | Common ID a | |
Receiving settlement parties | ||
M | Depository Format | BIC |
Depository Identifier | HKMAHKHCXXX | |
M | Party 1 Format | BIC |
Party 1 Identifier | Counterparty`s BIC | |
M | Party 1 Safekeeping account | Counterparty’s CMU account |
C b | Party 2 Format | BIC |
Part 2 Identifier | Beneficiary BIC if different from P1 | |
C b | Party 3 Format | Name |
Party 3 Identifier | UNKNOWN | |
C b | Party 3 Safekeeping account | Beneficiary account |
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a. The Common Reference may be populated based on market practices and in coordination with local counterparties.
b. This field becomes mandatory when Clearstream's depository (Citibank Hong Kong) is also the counterparty.
If no Beneficiary's account, then there should be no Party 3 and Beneficiary's BIC or Beneficiary's name should be input in Party 2.
If there is no Beneficiary’s account to mention, then the below is to be specified in the instruction
Party 2 - BIC: Beneficiary’s BIC
If there is a Beneficiary’s account to mention, then the below is to be specified in the instruction
Party 2- BIC: Beneficiary’s BIC
Party 3 - Name and address: UNKNOWN
Party 3 - safekeeping account: Beneficiary’s account
