Instruction specifications - Xact via SWIFT and Xact File Transfer - Spain

30.11.2020

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

MT540 Receive Free

    

Seq

O

:20C:

:COMM

//common reference a

A1

M

:98a:

:TRAD

//Trade date/time

B

O

:22F:

:TTCO

//CCPN or XCPN b

 

O

:22F:

:STCO

//NPAR c

E

O

:22F:

:STCO

//NOMC b

 

M

:95P:

:PSET

//IBRCESMMXXX

E1

M

:95P:

:DEAG

//Counterparty’s BIC11

 

O

:97A:

:SAFE a

//Counterparty's account in T2S

 

M

:95P:

:SELL a, c

//Ordering party’s BIC11, if different from DEAG b

 

or

:95R:

:SELL a, c

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

 

O

:97A:

:SAFE

//Ordering party’s account

 

MT541 Receive Against Payment

    

Seq

O

:20C:

:COMM

//common reference a

A1

M

:98a:

:TRAD

//Trade date/time

B

O

:22F:

:TTCO

//CCPN or XCPN b

 

O

:22F:

:STCO

//NPAR c

E

O

:22F:

:STCO

//NOMC b

 

M

:95P:

:PSET

//IBRCESMMXXX

E1

M

:95P:

:DEAG

//Counterparty’s BIC11

 

O

:97A:

:SAFE a

//Counterparty's account in T2S

 

M

:95P:

:SELL a, c

//Ordering party’s BIC11, if different from DEAG b

 

or

:95R:

:SELL a, c

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

 

O

:97A:

:SAFE

//Ordering party’s account

 

 MT542 Deliver Free

    

Seq

O

:20C:

:COMM

//common reference a

A1

M

:98a:

:TRAD

//Trade date/time

B

O

:22F:

:TTCO

//CCPN or XCPN b

 

O

:22F:

:STCO

//NPAR c

E

O

:22F:

:STCO

//NOMC b

 

M

:95P:

:PSET

//IBRCESMMXXX

E1

M

:95P:

:REAG

//Counterparty’s BIC11

 

O

:97A:

:SAFE a

//Counterparty's account in T2S

 

M

:95P:

:BUYR a, c

//Beneficiary’s BIC11, if different from REAG b

 

or

:95R:

:BUYR a, c

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

 

O

:97A:

:SAFE

//Beneficiary’s account

 

 MT543 Deliver Against Payment

    

Seq

O

:20C:

:COMM

//common reference a

A1

M

:98a:

:TRAD

//Trade date/time

B

O

:22F:

:TTCO

//CCPN or XCPN b

 

O

:22F:

:STCO

//NPAR c

E

O

:22F:

:STCO

//NOMC b

 

M

:95P:

:PSET

//IBRCESMMXXX

E1

M

:95P:

:REAG

//Counterparty’s BIC11

 

O

:97A:

:SAFE a

//Counterparty's account in T2S

 

M

:95P:

:BUYR a, c

//Beneficiary’s BIC11, if different from REAG b

 

or

:95R:

:BUYR a, c

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

 

O

:97A:

:SAFE

//Beneficiary’s account

 

------------------------------------------

a. Optional matching fields.
b. Additional matching fields. 
c. 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.

    Related Links