Instruction specifications - Xact Web Portal - Norway

10.06.2024

In the following tables, M=Mandatory; O=Optional; C=Conditional.

Receive Free

M

Trade date

O

Deal price

Receiving settlement parties

 

M

Depository Format

BIC

Depository Identifier

 

M

Party 1 Format

VPSN

Party 1 Identifier

counterparty's 5-digit VPS ID

or

Party 1 Format

BIC

Party 1 Identifier

counterparty's BIC

or

Party 1 Format

Name

Part 1 Identifier

counterparty’s name

M

Party 2 Format

BIC a

Part 2 Identifier

ordering party's BIC

O

Party 2 Safekeeping account

ordering party's account

Receive Against Payment

M

Trade date

O

Deal price

 

Receiving settlement parties

 

M

Depository Format

BIC

 

Depository Identifier

VPSNNOKKXXX

M

Party 1 Format

VPSN

 

Party 1 Identifier

counterparty's 5-digit VPS ID

or

Party 1 Format

BIC

 

Party 1 Identifier

counterparty's BIC

or

Party 1 Format

Name

 

Party 1 Identifier

counterparty’s name

M

Party 2 Format

BIC a

 

Party 2 Identifier

ordering party's BIC

O

Party 2 Safekeeping account

ordering party's account

Deliver Free

M

Trade date

O

Deal price

 

Delivering settlement parties

 

M

Depository Format

BIC

 

Depository Identifier

VPSNNOKKXXX

M

Party 1 Format

VPSN

 

Party 1 Identifier

counterparty's 5-digit VPS ID

or

Party 1 Format

BIC

 

Party 1 Identifier

counterparty's BIC

or

Party 1 Format

Name

 

Party 1 Identifier

counterparty’s name

M

Party 2 Format

BIC a

 

Party 2 Identifier

beneficiary's BIC

O

Party 2 Safekeeping account

beneficiary's account

Deliver Against Payment

M

Trade date

O

Deal price

 

Delivering settlement parties

 

M

Depository Format

BIC

 

Depository Identifier

VPSNNOKKXXX

M

Party 1 Format

VPSN

 

Party 1 Identifier

counterparty's 5-digit VPS ID

or

Party 1 Format

BIC

 

Party 1 Identifier

counterparty's BIC

or

Party 1 Format

Name

 

Party 1 Identifier

counterparty’s name

M

Party 2 Format

BIC a

 

Party 2 Identifier

beneficiary's BIC

O

Party 2 Safekeeping account

beneficiary's account

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a. If no BIC exists for the Seller/Buyer, the Name and Address option can be used instead in each case. If the appropriate BIC does exist but is not provided, STP cannot be guaranteed and there is a risk of incurring eventual charges and settlement delays.