Instruction specifications - Xact via SWIFT and Xact File Transfer - Turkey
In the following tables, M=Mandatory; O=Optional; C=Conditional;
Seq=SWIFT Message (sub)sequence.
| MT540 | Receive Free | Seq | ||
| M | :98a: | :TRAD | //Trade date/time | B |
| Ca | :94B: | :TRAD | //Place of tradeb | |
| M | :90a: | :DEAL | //Deal price c | |
| M | :70E: | :SPRO | ///TAX/xxxxxxxxxx d | |
| C e | :22F: | :BENE | //NBEN | E |
| M | :95P: | :PSET | //MKKCTRISXXX | E1 |
| M | :95P: | :DEAG | //Counterparty’s BIC f | |
| or | :95Q: | :DEAG | //Counterparty’s name and address f | |
| O | :95P: | :SELL | //Ordering party’s BIC f | |
| or | :95Q: | :SELL | //Ordering party’s name (if BIC does not exist) | |
| O | :97A: | :SAFE | //Ordering party’s account | |
MT541 | Receive Against Payment | Seq | ||
| M | :98a: | :TRAD | //Trade date/time | B |
| Ca | :94B: | :TRAD | //Place of tradeb | |
| M | :90a: | :DEAL | //Deal price c | |
| M | :70E: | :SPRO | ///TAX/xxxxxxxxxx d | |
| M | :95P: | :PSET | //MKKCTRISXXX | E1 |
| M | :95P: | :DEAG | //Counterparty’s BIC f | |
| or | :95Q: | :DEAG | //Counterparty’s name and address f | |
| O | :95P: | :SELL | //Ordering party’s BIC f | |
| or | :95Q: | :SELL | //Ordering party’s name (if BIC does not exist) | |
| O | :97A: | :SAFE | //Ordering party’s account | |
MT542 | Deliver Free | Seq | ||
| M | :98a: | :TRAD | //Trade date/time | B |
| Ca | :94B: | :TRAD | //Place of tradeb | |
| M | :90a: | :DEAL | //Deal price c | |
| M | :70E: | :SPRO | ///TAX/xxxxxxxxxx d | |
| C e | :22F: | :BENE | //NBEN | E |
| M | :95P: | :PSET | //MKKCTRISXXX | E1 |
| M | :95P: | :REAG | //Counterparty’s BIC f | |
| or | :95Q: | :REAG | //Counterparty’s name and address f | |
| M | :95P: | :BUYR | //Beneficiary’s BIC f | |
| or | :95Q: | :BUYR | //Beneficiary’s name (if BIC does not exist) | |
| M | :97A: | :SAFE | //Beneficiary’s account | |
MT543 | Deliver Against Payment | Seq | ||
| M | :98a: | :TRAD | //Trade date/time | B |
| Ca | :94B: | :TRAD | //Place of tradeb | |
| M | :90a: | :DEAL | //Deal price c | |
| M | :70E: | :SPRO | ///TAX/xxxxxxxxxx d | E1 |
| M | :95P: | :PSET | //MKKCTRISXXX | |
| M | :95P: | :REAG | //Counterparty’s BIC f | |
| or | :95Q: | :REAG | //Counterparty’s name and address f | |
| O | :95P: | :BUYR | //Beneficiary’s BIC f | |
| or | :95Q: | :BUYR | //Beneficiary’s name (if BIC does not exist) | |
| O | :97A: | :SAFE | //Beneficiary’s account | |
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a. Mandatory for Borsa Istanbul equities trades.
b. For Borsa Istanbul trades, the place of trade is either EXCH/XIST or EXCH/XEQY. Customers are advised to use :94B::TRAD//EXCH/XIST.
c. See Specific settlement rules / settlement restrictions.
d. For Receive Free/Receive Against Payment instructions: The receiving beneficial owner's tax ID (or, in the case of a Turkish resident individual, the Turkish national ID number), registered against the customer's Clearstream Banking account pursuant to the General information/Trading prerequisite section of the Market Taxation Guide - Turkey is mandatory. If it is not provided, the transaction will be rejected by Clearstream Banking.
For Deliver Free/Deliver Against Payment instructions: The delivering beneficial owner's tax ID (or, in the case of a Turkish resident individual, the Turkish national ID number), registered against the customer's Clearstream Banking account pursuant to the General information/Trading prerequisite section of the Market Taxation Guide - Turkey is mandatory. If it is not provided, the transaction will be rejected by Clearstream Banking.
e. Mandatory when there is no change of beneficial owner.
f. If no BIC exists for the Delivering/Receiving Agent or for the Seller/Buyer, the :95Q: Name and Address field 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.