Instruction specifications - SWIFT ISO 15022 ICP mode - CBF - Spain

30.11.2020

Note: The SWIFT formats below are those that are recommended by CBF. Ordering parties and beneficiaries can also be specified in other combinations, but the counterparty information must contain a BIC11.

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

MT542 Deliver Free

    

Seq

O

:20C:

:COMM

//common referencea

A1

M

:98A:

:TRAD

//Trade date

B

O

:22F:

:TTCO

//CCPN or XCPNb


O

:22F:

:STCO

//PART or NPARc


O

:22F:

:STCO

//NOMCb


M

:97A:

:SAFE

//4-digit account master or 7-digit account in CASCADE

C

M

:95P:

:PSET

//DAKVDEFFXXX

E1

M

:95P:

:REAG

//IBRCESMMXXX

E1

O

:97A:

:SAFE

//4710000d

E1

M

:95P:

:RECU

//Iberclear participant T2S Party BIC11

E1

M

:95P:

:BUYR a, g

//Iberclear participant beneficiary BIC

 

or

:95R:

:BUYR a, g

/IBRC/Ordering party’s CODnnnnnnnn (8-digits) or Tax ID

 

Note: Common Trade reference, Opt-out and Ex-trd indicators, P1-BIC11, P1-SAC, P2-BIC11 and P2-SAC will be forwarded as matching relevant information to T2S.

MT543 Delivery against Payment (DvP), Delivery with Payment (DwP) and Payment Free of Delivery (PFoD DELI e)

    

Seq

O

:20C:

:COMM

//common referencea

A1

M

:98A:

:TRAD

//Trade date

B

O

:22F:

:TTCO

//CCPN or XCPNb


O

:22F:

:STCO

//PART or NPARc


O

:22F:

:STCO

//NOMCb


M:

:19A:

:SETT

//Currency, cash equivalent (in EUR) f

E3

M

:97A:

:SAFE

//4-digit account master or 7-digit account in CASCADE

C

M

:95P:

:PSET

//DAKVDEFFXXX

E1

M

:95P:

:REAG

//IBRCESMMXXX

E1

O

:97A:

:SAFE

//4710000d

E1

M

:95P:

:RECU

//Iberclear participant T2S Party BIC11

E1

M

:95P:

:BUYR a, g

//Iberclear participant beneficiary BIC

 

or

:95R:

:BUYR a, g

/IBRC/Ordering party’s CODnnnnnnnn (8-digits) or Tax ID

 

M:

:19A:

:SETT

//Currency, cash equivalent (in EUR) f

E3

Note: Common Trade reference, Opt-out and Ex-trd indicators, P1-BIC11, P1-SAC, P2-BIC11 and P2-SAC will be forwarded as matching relevant information to T2S.

MT540 Receive Free

    

Seq

O

:20C:

:COMM

//common referencea

A1

M

:98A:

:TRAD

//Trade date

B

O

:22F:

:TTCO

//CCPN or XCPNb


O

:22F:

:STCO

//PART or NPARc


O

:22F:

:STCO

//NOMCb


M

:97A:

:SAFE

//4-digit account master or 7-digit account in CASCADE

C

M

:95P:

:PSET

//DAKVDEFFXXX

E1

M

:95P:

:DEAG

//IBRCESMMXXX

E1

O

:97A:

:SAFE

//4710000d

E1

M

:95P:

:DECU

//Iberclear participant T2S Party BIC11

E1

M

:95P:

:SELL a, g

//Iberclear participant beneficiary BIC

 

or

:95R:

:SELL a, g

/IBRC/Beneficiary’s CODnnnnnnnn (8-digits) or Tax ID

 

Note: Common Trade reference, Opt-out and Ex-trd indicators, P1-BIC11, P1-SAC, P2-BIC11 and P2-SAC will be forwarded as matching relevant information to T2S.

MT541 Receive against Payment (RvP), Receive with Payment (RwP) and Payment Free of Delivery (PFoD RECEe)

    

Seq

O

:20C:

:COMM

//common referencea

A1

M

:98A:

:TRAD

//Trade date

B

O

:22F:

:TTCO

//CCPN or XCPNb


O

:22F:

:STCO

//PART or NPARc


O

:22F:

:STCO

//NOMCb


M

:97A:

:SAFE

//4-digit account master or 7-digit account in CASCADE

C

M

:95P:

:PSET

//DAKVDEFFXXX

E1

M

:95P:

:DEAG

//IBRCESMMXXX

E1

O

:97A:

:SAFE

//4710000d

E1

M

:95P:

:DECU

//Iberclear participant T2S Party BIC11

E1

M

:95P:

:SELL a, g

//Iberclear participant beneficiary BIC

 

or

:95R:

:SELL a, g

/IBRC/Beneficiary’s CODnnnnnnnn (8-digits) or Tax ID

 

M:

:19A:

:SETT

//Currency, cash equivalent (in EUR) f

E3

Note: Common Trade reference, Opt-out and Ex-trd indicators, P1-BIC11, P1-SAC, P2-BIC11 and P2-SAC will be forwarded as matching relevant information to T2S.


a. Optional Matching field.
b. Additional Matching field.
c. Only provide in order to prevent Partial Settlement.
d. This account number can also be used for the delivery/receipt of German securities to/from local market participants.
e. The cash delivering party instructs a securities delivery (PFoD RECE) with the securities nominal amount zero.
f. For a Receive with Payment (RwP) instruction, the cash amount is entered with a negative (- sign) prefix.
g. If the counterparty is a Spanish resident, the Tax ID must be provided. If the counterparty is not a Spanish resident, then either the BIC or, if the BIC is not available, Iberclear's assigned CODnnnnnnnn code must be provided. If the DEAG/REAG is specified by BIC, the SELL/BUYR field must indicate the registration party, using the BIC, CODnnnnnnnn or Tax ID, as appropriate.

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