Instruction specifications - Xact Web Portal - CBF, CBL and LuxCSD - Italy
In the following tables, M=Mandatory; O=Optional; C=Conditional.
Receive Free
O | Common ID a | Client reference |
C | Settlement instruction processing additional details | /TAX/Tax identification number b |
M | Trade date |
|
Cc | Deal price |
|
O | Trade transaction cond.. | XCPN - Ex coupon or |
O | Sett. transaction cond. | NOMC - No automatic market claim d |
O | Partial settlement e | PART - Partial allowed (default in T2S) |
| Delivering settlement parties |
|
M | Depository Format | BIC |
Depository Identifier | MOTIITMMXXX f | |
M | Party 1 Format | BIC |
Party 1 Identifier | counterparty’s BIC | |
O | Party 1 Safekeeping account a | counterparty’s account in T2S |
O | Party 2 Format | BIC |
Party 2 Identifier | ordering party’s BIC | |
or | Party 2 Format a | Name |
Party 2 Identifier | ordering party’s name | |
or | Party 2 Format a | Proprietary |
Party 2 Issuer | ordering party’s proprietary (DSS) code | |
| Party 2 Identifier | ordering party’s proprietary value |
O | Party 2 Safekeeping account | ordering party's account |
| Receiving settlement parties |
|
O | Depository Format | BIC |
O | Depository Identifier | BIC of receiving settlement party depository |
| Party 1 Format | BIC |
| Party 1 Identifier | DAKVDEFFXXX |
| Party 1 Safekeeping account | (T2S SAC number) MOTIDAKVDEFFXXX8131800 |
O | Party 2 Format | Buyer’s format: BIC, Name or Proprietaryg |
| Party 2 Issuer | If Format is Proprietary: Buyer’s proprietary (DSS) code |
| Party 2 Identifier | Buyer’s BIC or Name or Proprietary value |
Receive Against Payment
O | Common IDa | Client reference |
C | Settlement instruction processing additional details | /TAX/Tax identification number b |
M | Trade date | |
Cc | Deal price | |
O | Trade transaction cond. | XCPN - Ex coupon or |
O | Sett. transaction cond. | NOMC - No automatic market claim d |
O | Partial settlement e | PART - Partial allowed (default in T2S) |
| Delivering settlement parties |
|
M | Depository Format | BIC |
Depository Identifier | MOTIITMMXXX f | |
M | Party 1 Format | BIC |
Party 1 Identifier | counterparty’s BIC | |
O | Party 1 Safekeeping account a | counterparty’s account in T2S |
O | Party 2 Format | BIC |
Party 2 Identifier | ordering party’s BIC | |
or | Party 2 Format a | Name |
Party 2 Identifier | ordering party’s name | |
or | Party 2 Format a | Proprietary |
Party 2 Issuer | ordering party’s proprietary (DSS) code | |
| Party 2 Identifier | ordering party’s proprietary value |
O | Party 2 Safekeeping account | ordering party's account |
| Receiving settlement parties |
|
O | Depository Format | BIC |
O | Depository Identifier | BIC of receiving settlement party depository |
| Party 1 Format | BIC |
| Party 1 Identifier | DAKVDEFFXXX |
| Party 1 Safekeeping account | (T2S SAC number) MOTIDAKVDEFFXXX8131800 |
O | Party 2 Format | Buyer’s format: BIC, Name or Proprietary g |
| Party 2 Issuer | If Format is Proprietary:Buyer’s proprietary (DSS) code |
| Party 2 Identifier | Buyer’s BIC or Name or Proprietary value |
Deliver Free
O | Common IDa | Client reference |
C | Settlement instruction processing additional details | /TAX/Tax identification number b |
M | Trade date | |
Cc | Deal price | |
O | Trade transaction cond. | XCPN - Ex coupon or |
O | Sett. transaction cond. | NOMC - No automatic market claim d |
O | Partial settlement e | PART - Partial allowed (default in T2S) |
| Receiving settlement parties | |
M | Depository Format | BIC |
Depository Identifier | MOTIITMMXXX f | |
M | Party 1 Format | BIC |
Party 1 Identifier | counterparty’s BIC | |
O | Party 1 Safekeeping account a | counterparty’s account in T2S |
O | Party 2 Format a | BIC |
Party 2 Identifier | beneficiary’s BIC | |
or | Party 2 Format | Name |
Party 2 Identifier | beneficiary’s name | |
or | Party 2 Format a | Data source scheme |
Party 2 Issuer | beneficiary’s proprietary (DSS) code | |
| Party 2 Identifier | beneficiary’s proprietary value |
O | Party 2 Safekeeping account | beneficiary’s account |
| Delivering settlement parties |
|
O | Depository Format | BIC |
O | Depository Identifier | BIC of delivering settlement party depository |
| Party 1 Format | BIC |
| Party 1 Identifier | DAKVDEFFXXX |
| Party 1 Safekeeping account | (T2S SAC number) MOTIDAKVDEFFXXX8131800 |
O | Party 2 Format | Seller’s format: BIC, Name or Proprietary g |
| Party 2 Issuer | If Format is Proprietary: Seller’s proprietary (DSS) code |
| Party 2 Identifier | Seller’s BIC or Name or Proprietary value |
Deliver Against Payment
O | Common IDa | Client reference |
C | Settlement instruction processing additional details | /TAX/Tax identification number b |
M | Trade date |
|
Cc | Deal price | |
O | Trade transaction cond. | XCPN - Ex coupon or |
O | Sett. transaction cond. | NOMC - No automatic market claim d |
O | Partial settlement e | PART - Partial allowed (default in T2S) |
| Receiving Settlement parties |
|
M | Depository Format | BIC |
Depository Identifier | MOTIITMMXXX f | |
M | Party 1 Format | BIC |
Party 1 Identifier | counterparty’s BIC | |
O | Party 1 Safekeeping account | counterparty’s account in T2S |
O | Party 2 Format | BIC |
Party 2 Identifier | beneficiary’s BIC | |
or | Party 2 Format | Name |
Party 2 Identifier | beneficiary’s name | |
or | Party 2 Format a | Proprietary |
Party 2 Issuer | beneficiary’s proprietary (DSS) code | |
| Party 2 Identifier | beneficiary’s proprietary value |
O | Party 2 safekeeping account | beneficiary’s account |
| Delivering Settlement parties |
|
O | Depository Format | BIC |
O | Depository Identifier | BIC of delivering settlement party depository |
| Party 1 Format | BIC |
| Party 1 Identifier | DAKVDEFFXXX |
| Party 1 Safekeeping account | (T2S SAC number) MOTIDAKVDEFFXXX8131800 |
O | Party 2 Format | Seller’s format: BIC, Name or Proprietary g |
| Party 2 Issuer | If Format is Proprietary: Seller’s proprietary (DSS) code |
| Party 2 Identifier | Seller’s BIC or Name or Proprietary value |
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a. Optional matching fields.
b. The Tax Identification Number (TIN) is mandatory in instructions related to exempt omnibus beneficial owner accounts and to securities subject to the withholding tax system applicable as of 1 January 1997. It must be one of the TINs specified in the documentation received from the customer concerned - the self certification or other valid documentation required concerning an Italian company or partnership - and the exact format must be input.
c. Mandatory on instructions related to “strip” bonds to enable Clearstream Banking to calculate the substitutive tax.
d. Additional matching fields.
e. Only provide in order to prevent Partial settlement or to allow Partial settlement from a predefined cash or quantity threshold.
f. For cross-border transactions, the Place of Settlement must contain the BIC of the counterparty’s CSD.
g. This optional matching field will be forwarded as received. T2S will only match if provided with a BIC or proprietary code.