Instruction specifications - Xact Web Portal - UK equities, corporate bonds and investment trusts - 1

27.07.2020

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

Book-entry

	Receive Free
M	Trade date
O	Deal price
M	Sec. transaction type	Code: As appropriate
M	Place of trade type	Code
	P. of trade identifier	Stock exchange
	P. of trade identification	Code: As appropriate
	Delivering settlement parties
M	Depository Format	BIC
	Depository Identifier	CRSTGB22XXX
M	Party 1 Format	CRESTCo
	Party 1 Identifier	counterparty’s CREST code
C^a	Party 2 Format	BIC
	Party 2 Identifier	ordering party’s BIC
or	Party 2 Format	Name (if BIC does not exist)
	Party 2 Identifier	ordering party’s name
C^a	Party 2 Safekeeping account	ordering party’s account
C^b	Amounts – Other amounts	Other amounts:Trade amount Other amounts: Currency Other amounts:Amount
C^b	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.
	Receive Against Payment
M	Trade date
O	Deal price
M	Sec. transaction type	Code: As appropriate
M	Place of trade type	Code
	P. of trade identifier	Stock exchange
	P. of trade identification	Code: As appropriate
	Delivering settlement parties
M	Depository Format	BIC
	Depository Identifier	CRSTGB22XXX
M	Party 1 Format	CRESTCo
	Party 1 Identifier	counterparty’s CREST code
C^a	Party 2 Format	BIC
	Party 2 Identifier	ordering party’s BIC
or	Party 2 Format	Name (if BIC does not exist)
	Party 2 Identifier	ordering party’s name
C^a	Party 2 Safekeeping account	ordering party’s account
C^b	Amounts – Other amounts	Other amounts:Trade amount Other amounts: Currency Other amounts:Amount
C^b	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.
	Deliver Free
M	Trade date
O	Deal price
M	Sec. transaction type	Code: As appropriate
M	Place of trade type	Code
	P. of trade identifier	Stock exchange
	P. of trade identification	Code: As appropriate
	Receiving settlement parties
M	Depository Format	BIC
	Depository Identifier	CRSTGB22XXX
M	Party 1 Format	CRESTCo
	Party 1 Identifier	counterparty’s CREST code
C^a	Party 2 Format	BIC
	Party 2 Identifier	beneficiary’s BIC
or	Party 2 Format	Name (if BIC does not exist)
	Party 2 Identifier	beneficiary’s name
C^a	Party 2 Safekeeping account	beneficiary’s account
C^b	Amounts – Other amounts	Other amounts:Trade amount Other amounts: Currency Other amounts:Amount
C^b	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.
	Deliver Against Payment
M	Trade date
O	Deal price
M	Sec. transaction type	Code: As appropriate
M	Place of trade type	Code
	P. of trade identifier	Stock exchange
	P. of trade identification	Code: As appropriate
	Receiving settlement parties
M	Place of Settlement	BIC
	Party	CRSTGB22XXX
M	Depository Format	CRESTCo
	Depository Identifier	counterparty’s CREST code
C^a	Party 1 Format	BIC
	Party 1 Identifier	beneficiary’s BIC
or	Party 2 Format	Name (if BIC does not exist)
	Party 2 Identifier	beneficiary’s name
C^a	Party 2 Safekeeping account	beneficiary’s account
C^b	Amounts – Other amounts	Other amounts:Trade amount Other amounts: Currency Other amounts:Amount
C^b	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.

------------------------------------------
a. This field must be left blank for transfers between accounts of the same CREST participant.
b. The use of this field is dependent on whether the transaction is subject to or exempt from stamp duty and on the appropriate accountability. Please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).

Note: For the instruction to be processed by the CBL custodian on an STP basis, the narrative must either contain standard code words, each between "/" characters, or be left blank.

Physical transactions (Non-Crest-eligible securities)

	Receive Free
M	Trade date
O	Deal price
M	Sett. transaction cond. PHYS – Physical
	Delivering settlement parties
M	Depository Format	Country Code
	Depository Identifier	GB - United Kingdom Physical
M	Party 1 Format	Name
	Party 1 Identifier	full name and address of the registered certificate holder and full address under which the registered holder is known in the registrar’s books
O	Party 2 Format	Name
	Party 2 Identifier	ordering party's name, if different from Delivering Agent
O	Party 2 Safekeeping account	ordering party’s account
C^a	Amounts – Other amounts	Other amounts:Trade amount Other amounts: Currency Other amounts:Amount
C^a	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.
	Receive Against Payment
M	Trade date
O	Deal price
M	Sett. transaction cond. PHYS – Physical
	Delivering settlement parties
M	Depository Format	Country Code
	Depository Identifier	GB - United Kingdom Physical
M	Party 1 Format	Name
	Party 1 Identifier	full name and address of the registered certificate holder and full address under which the registered holder is known in the registrar’s books
O	Party 2 Format	Name
	Party 2 Identifier	ordering party's name, if different from Delivering Agent
O	Party 2 Safekeeping account	ordering party’s account
C^a	Amounts – Other amounts	Other amounts:Trade amount Other amounts: Currency Other amounts:Amount
C^a	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.
	Deliver Free
M	Trade date
O	Deal price
M	Sett. transaction cond. PHYS – Physical
	Receiving settlement parties
M	Depository Format	Country Code
	Depository Identifier	GB - United Kingdom Physical
M	Party 1 Format	Name
	Party 1 Identifier	full name and address of the certificate holder to be registered
O	Party 2 Format	Name
	Party 2 Identifier	full name and address of the receiving party, if different from Receiving Agent
O	Party 2 Safekeeping account	beneficiary’s account
C^a	Amounts – Other amounts	Other amounts:Trade amount Other amounts: Currency Other amounts:Amount
C^a	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.
	Deliver Against Payment
M	Trade date
O	Deal price
M	Sett. transaction cond. PHYS – Physical
	Receiving settlement parties
M	Depository Format	Country Code
	Depository Identifier	GB - United Kingdom Physical
M	Party 1 Format	Name
	Party 1 Identifier	full name and address of the certificate holder to be registered
O	Party 2 Format	Name
	Party 2 Identifier	full name and address of the receiving party, if different from Receiving Agent
O	Party 2 Safekeeping account	beneficiary’s account
C^a	Amounts – Other amounts	Other amounts:Trade amount Other amounts: Currency Other amounts:Amount
C^a	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.

------------------------------------------
a. The use of this field is dependent on whether the transaction is subject to or exempt from stamp duty and on the appropriate accountability. Please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).

Physical transactions (Crest-eligible securities)

	Receive Free (Crest deposit)
M	Settlement instruction processing additional details	/STCO/PHYS/
M	Place of Safekeeping	CRSTGB22
M	Trade date
M	Sec. transaction type	Code: As appropriate
M	Place of trade type	Code
	P. of trade identifier	Stock exchange
	P. of trade identification	Code: As appropriate
	Delivering settlement parties
M	Depository Format	BIC
	Depository Identifier	CRSTGB22
M	Party 1 Format	CRESTCo
	Party 1 Identifier	CREST
M	Party 2 Format	Name
	Party 2 Identifier	full name and address of the registered certificate holder and full address under which the registered holder is known in the registrar’s books
O	Party 2 Safekeeping account	ordering party’s account
C^a	Amounts – Other amounts	Other amounts: Trade amount Other amounts: Currency Other amounts: Amount
C^a	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.
	Deliver Free (Crest withdrawal)
M	Place of Safekeeping	CRSTGB22
M	Trade date
O	Deal price
M	Sec. transaction type	Code: As appropriate
M	Place of trade type	Code
	P. of trade identifier	Stock exchange
	P. of trade identification	Code: As appropriate
M	Sett. transaction cond. PHYS – Physical	M
	Receiving settlement parties
M	Depository Format	Country Code
	Depository Identifier	GB
M	Party 1 Format	Name
	Party 1 Identifier	full name and address of the certificate holder to be registered
O	Party 2 Format	Name
	Party 2 Identifier	full name and address of the receiving party, if different from Receiving Agent
O	Party 2 Safekeeping account	beneficiary’s account
C^a	Amounts – Other amounts	Other amounts: Trade amount Other amounts: Currency Other amounts: Amount
C^a	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.

Account transfers between 0.5% related CBL accounts

	Receive Free
M	Place of Safekeeping	CRSTGB22
M	Trade date
M	Sec. transaction type	Code: As appropriate
M	Place of trade type	Code
	P. of trade identifier	Stock exchange
	P. of trade identification	Code: As appropriate
	Delivering settlement parties
M	Depository Format	BIC
	Depository Identifier	CRSTGB22
M	Party 1 Format	CRESTCo
	Party 1 Identifier	00XJJ
M^a	Party 2 Format	BIC
	Party 2 Identifier	CEDELULL
M	Party 2 Safekeeping account	6008985995
C^b	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.
	Deliver Free
M	Place of Safekeeping	CRSTGB22
M	Trade date
M	Sec. transaction type	Code: As appropriate
M	Place of trade type	Code
	P. of trade identifier	Stock exchange
	P. of trade identification	Code: As appropriate
	Receiving settlement parties
M	Depository Format	BIC
	Depository Identifier	CRSTGB22
M	Party 1 Format	CRESTCo
	Party 1 Identifier	00XJJ
M^a	Party 2 Format	BIC
	Party 2 Identifier	CEDELULL
M	Party 2 Safekeeping account	6008985995
C^b	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.

-----------------------------------------
a. This field is not used for matching purposes in CREST but the content will be used to reduce settlement delays in cases of mismatch.
b. The use of this field is dependent on whether the transaction is subject to or exempt from stamp duty and on the appropriate accountability. Please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).

Account transfers from a 0.5% SDRT CBL account to a 1.5% SDRT CBL account

	Receive Free
M	Place of Safekeeping	CRSTGB22
M	Trade date
M	Sec. transaction type	Code: As appropriate
M	Place of trade type	Code
	P. of trade identifier	Stock exchange
	P. of trade identification	Code: As appropriate
	Delivering settlement parties
M	Depository Format	BIC
	Depository Identifier	CRSTGB22
M	Party 1 Format	CRESTCo
	Party 1 Identifier	00XJJ
M^a	Party 2 Format	BIC
	Party 2 Identifier	CEDELULL
M	Party 2 Safekeeping account	6008985995
C^b	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.
	Deliver Free
M	Place of Safekeeping	CRSTGB22
M	Trade date
M	Sec. transaction type	Code: As appropriate
M	Place of trade type	Code
	P. of trade identifier	Stock exchange
	P. of trade identification	Code: As appropriate
	Receiving settlement parties
M	Depository Format	BIC
	Depository Identifier	CRSTGB22
M	Party 1 Format	CRESTCo
	Party 1 Identifier	14XKL
M^a	Party 2 Format	BIC
	Party 2 Identifier	CEDELULL
M	Party 2 Safekeeping account	6008888248
C^b	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.

------------------------------------------
a. This field is not used for matching purposes in CREST but the content will be used to reduce settlement delays in cases of mismatch.
b. The use of this field is dependent on whether the transaction is subject to or exempt from stamp duty and on the appropriate accountability. Please refer to “Input of UK stamp duty fields” under UK Stamp Duty Reserve Tax (SDRT).

Account transfers from a 1.5% SDRT CBL account to a 0.5% SDRT CBL account

	Receive Free
M	Place of Safekeeping	CRSTGB22
M	Trade date
M	Sec. transaction type	Code: As appropriate
M	Place of trade type	Code
	P. of trade identifier	Stock exchange
	P. of trade identification	Code: As appropriate
	Delivering settlement parties
M	Depository Format	BIC
	Depository Identifier	CRSTGB22
M	Party 1 Format	CRESTCo
	Party 1 Identifier	14XKL
M^a	Party 2 Format	BIC
	Party 2 Identifier	CEDELULL
M	Party 2 Safekeeping account	6008888248
C^b	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.
	Deliver Free
M	Place of Safekeeping	CRSTGB22
M	Trade date
M	Sec. transaction type	Code: As appropriate
M	Place of trade type	Code
	P. of trade identifier	Stock exchange
	P. of trade identification	Code: As appropriate
	Receiving settlement parties
M	Place of Settlement	BIC
	Party	CRSTGB22
M	Depository Format	CRESTCo
	Depository Identifier	00XJJ
M^a	Party 1 Format	BIC
	Party 1 Identifier	CEDELULL
M	Party 2 Format	6008985995
C^b	Settlement parameters - Stamp duty tax basis Amount - Stamp duty indicator	Code as appropriate Tick, if net proceeds will include stamp duty amount, else untick.

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