Instruction specifications - Xact via SWIFT and Xact File Transfer - CBL, CBF OneClearstream - Belgium (Euroclear Belgium)

09.04.2018

In the following tables, M=Mandatory; O=Optional; C=Conditional;
Seq=SWIFT Message (sub)sequence.

Instruments eligible in Euroclear Belgium

MT540 Receive Free

Seq
O:20C::COMM//common reference aA1
M:98a::TRAD//Trade date/timeB
O:22F::TTCO//CCPN or XCPN b
O:22F::STCO//NPAR cE
O:22F::STCO//NOMC c
M:95P::PSET//CIKBBEBBXXXE1
M:95P::DEAG//Counterparty’s BIC8 or BIC 11 d
:97A::SAFE a//Counterparty's account in T2S
O:95P::SELL a//Ordering party’s BIC 8 or BIC11, if different from DEAG b
or:95Q::SELL a//Ordering party’s name, if different from DEAG
or:95R::SELL a//Ordering party’s proprietary code, if different from DEAG
O:97A::SAFE//Ordering party’s account
O:95a::BUYR e//Beneficiary

MT541 Receive Against Payment

Seq
O:20C::COMM//common reference aA1
M:98a::TRAD//Trade date/timeB
O:22F::TTCO//CCPN or XCPN b
O:22F::STCO//NPAR cE
O:22F::STCO//NOMC c
M:95P::PSET//CIKBBEBBXXXE1
M:95P::DEAG//Counterparty’s BIC8 or BIC 11 d
:97A::SAFE a//Counterparty's account in T2S
O:95P::SELL a//Ordering party’s BIC 8 or BIC11, if different from DEAG b
or:95Q::SELL a//Ordering party’s name, if different from DEAG
or:95R::SELL a//Ordering party’s proprietary code, if different from DEAG
O:97A::SAFE//Ordering party’s account
O:95a::BUYR e//Beneficiary

MT542 Deliver Free

Seq
O:20C::COMM//common reference aA1
M:98a::TRAD//Trade date/timeB
O:22F::TTCO//CCPN or XCPN b
O:22F::STCO//NPAR cE
O:22F::STCO//NOMC c
M:95P::PSET//CIKBBEBBXXXE1
M:95P::REAG//Counterparty’s BIC8 or BIC 11 d
:97A::SAFE a//Counterparty's account in T2S
O:95P::BUYR a//Beneficiary’s BIC 8 or BIC11, if different from DEAG b
or:95Q::BUYR a//Beneficiary’s name, if different from DEAG
or:95R::BUYR a//Beneficiary’s proprietary code, if different from DEAG
O:97A::SAFE//Beneficiary’s account
O:95a::SELL e//Ordering party

MT543 Deliver Against Payment

Seq
O:20C::COMM//common reference aA1
M:98a::TRAD//Trade date/timeB
O:22F::TTCO//CCPN or XCPN b
O:22F::STCO//NPAR cE
O:22F::STCO//NOMC c
M:95P::PSET//CIKBBEBBXXXE1
M:95P::REAG//Counterparty’s BIC8 or BIC 11 d
:97A::SAFE a//Counterparty's account in T2S
O:95P::BUYR a//Beneficiary’s BIC 8 or BIC11, if different from DEAG b
or:95Q::BUYR a//Beneficiary’s name, if different from DEAG
or:95R::BUYR a//Beneficiary’s proprietary code, if different from DEAG
O:97A::SAFE//Beneficiary’s account
O:95a::SELL e//Ordering party

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a. Optional matching fields.

b. Additional matching fields. 

c. Only provide in order to prevent partial settlement. Euroclear Belgium only accepts indicators COEX/PARQ and COEX/PARC when instructing in ISO20022.

d. If a customer uses a BIC8, Clearstream Banking shall be entitled to modify the BIC8 by adding the default XXX suffix to comply with T2S settlement rules. Accordingly, such customers remain liable for any settlement fails that the use of the BIC8 may cause.

e. This optional matching field will be forwarded as received.  T2S will only match if provided with format BIC or proprietary.  If a customer uses a BIC8, Clearstream Banking will add the default XXX suffix to comply with T2S settlement rules. If not present, Clearstream will default the customer’s matching BIC for the instructing account (refer to Announcement A16033).

 

Physical transactions

(CBL via BNP Paribas Securities Services only)

MT540Receive FreeSeq
M:98a::TRAD//Trade date/timeB
O:90a::DEAL//Deal price
M:22F::STCO//PHYSE
M:95C::PSET//BEE1
M:95P::DEAG//Counterparty’s BIC a
O:95P::SELL//Ordering party’s BIC, if different from DEAG a
O:97A::SAFE//Ordering party’s account

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a. If no BIC exists for the Delivering Agent or for the Seller, 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.

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