USER GUIDE
Clearing Messages
SWIFT ISO 15022: MT54x
SR 2013
Last update 11/11/2013
Participant Locations
Location
BP2S Athens
Budapest
Frankfurt
HK
Milan
Warsow
Chennai
Madrid
UK
Singapore
Brussels
Zurich
France
Madrid
Brasil
Luxembourg
USER GUIDE_MT54X
No changes or not relevant
No changes
No changes
No changes or not relevant
No changes or not relevant
No changes or not relevant
No changes or not relevant
No changes or not relevant
No changes or not relevant
No changes or not relevant
No changes or not relevant
Not relevant
No changes or not relevant
No changes or not relevant
No changes or not relevant
No changes or not relevant
New SWIFT ISO 15022 Clearing Messages
MT 540 RECEIVE FREE OF PAYMENT .....................................................................................................................................................5
MT 541 RECEIVE AGAINST PAYMENT .................................................................................................................................................. 17
MT 542 DELIVER FREE OF PAYMENT ................................................................................................................................................... 29
MT 543 DELIVER AGAINST PAYMENT .................................................................................................................................................. 41
MT544 RECEIVE FREE OF PAYMENT CONFIRMATION ....................................................................................................................... 55
MT545 RECEIVE AGAINST PAYMENT CONFIRMATION ...................................................................................................................... 76
MT546 DELIVER FREE OF PAYMENT CONFIRMATION ....................................................................................................................... 88
MT547 DELIVER AGAINST PAYMENT CONFIRMATION....................................................................................................................... 98
MT 548 SETTLEMENT STATUS AND PROCESSING ADVICE ............................................................................................................ 109
Booklet for New SWIFT 54X Instruction Messages
• MT 540 Receive Free
• MT 541 Receive Against Payment
• MT 542 Deliver Free
• MT 543 Deliver Against Payment
MT 540 Receive Free of Payment
Sequence A : Mandatory General Information
Field
16R
20C
Paribas
Status
M
M
Qualifier
Field Definition
Content
Example
GENL
SEME
Start and name of the block
Sender’s Reference Number
:16R:GENL
:20C::SEME//16x
Function of the Message
Qualifier GENL
Qualifier SEME followed by //
and by your reference (max of 16
characters)
NEWM : to instruct a new
settlement transaction
CANC : to cancel a previous
instruction
Sub codewords possible are :
CODU : Copy Duplicate
COPY : Copy.
DUPL : Duplicate
Information not required
Qualifier SETT is required in
case of trades linkage
Qualifier TOSE is required in
case of trades linkages or pool
23G
M
NEWM
or
CANC
98a
99B
O
O
PREP
SETT
99B
O
TOSE
Preparation date and time
Current settlement instruction
number
Number Count
Comment
:23G:NEWM
or
:23G:NEWM/DUPL
CODU, COPY and DUPL will be process as repairs.
:99B::SETT/001
Used in Euronext
:99B::TOSE//nnn (where nnn is
the total of linked instructions)
Used in Euronext
5/122
Repetitive Optional Subsequence A1 : Linkages.
This subsequence is however mandatory for cancellation or linkage requests. It is not required in other cases. However in order to automate the process of trades LINKAGES
(based on case G-contingent upon linkages and I-Block trades of the SWIFT SMPG on LINKAGES) it is recommended to use it.
If received no automatic process, instruction is in repair and processed manually.
London : this subsequence is mandatory in case of Stock Deposit Link
Field
16R
22F
Paribas
Status
M
O
13A
O
LINK
20C
M
PREV
or
POOL
or
RELA
16S
M
Qualifier
Field Definition
Content
Example
Comment
LINK
LINK
Start and name of the block
Not required for cancellation
Can be used for linkages.
WITH, mandatory in Madrid
for automated linkage
processing
Qualifier LINK
Qualifier LINK followed by
//AFTE , BEFO or WITH.
The instruction is to be
executed after, before or with
the linked instruction.
:16R:LINK
:22F::LINK//AFTE
:22F::LINK//WITH
Used and mandatory only in Madrid to automate
trades linkage proccessing
Number Id of the MT of the
linked transaction
Reference of instruction which
is linked to current instruction.
Information not required
LINK
:20C:: PREV//16x
End and name of the block
Qualifier PREV is mandatory
for linkage and cancellation
request. It specifies the
reference of the linked message
previously sent or reference of
the instruction to cancel.
Qualifier POOL is mandatory
for block trades or pool
instructions.
Qualifier LINK
Field Definition
Content
Example
Start and name of the block
Qualifier LINK
Qualifier LINK followed by
//CRST//DPLK
or //CRST//SDRF
in case of Deposit Link with or
without stamp duty
:16R:LINK
:22F::LINK//CRST/DPLK
or :22F::LINK//CRST/SDRF
PREV is used in Athens and Euronext, POOL is used
in Euronext, RELA is used in Madrid for linked trades
or
:20C::POOL//BLOCK123
or
:20C::RELA//16x
:16S:LINK
London only:
Field
16R
22F
Paribas
Status
M
M
Qualifier
LINK
LINK
Comment
Used and mandatory for London to indicate a Stock
Deposit Link : if without stamp duty, populate DPLK
and if with stamp duty, populate with SDRF
6/122
13A
O
LINK
20C
M
RELA
16S
M
LINK
Number Id of the MT of the
linked transaction
Reference of instruction which
is linked to current instruction.
Information not required
Qualifier RELA is mandatory
for specific case ( described in
beside columns
:20C::RELA//16x
End and name of the block
Qualifier LINK
:16S:LINK
End and name of the block
Qualifier GENL
RELA is used in London for Stock deposit details
- if previously field 22F has been populated
with :22F::LINK//CRST/DPLK, beside field RELA
must be followed by:
Expected settlement date and Stock Deposit Link Drop
number
- if previously field 22F has been populated
with :22F::LINK//CRST/SDRF, beside field RELA
must be followed by: Participant ID (5c) and
Transaction reference
End of Sequence A
16S
M
GENL
:16S:GENL
Sequence B : Mandatory Trade Details
Field
16R
94B
Status
M
O
Qualifier
TRADDET
TRAD
Field Definition
Start and name of the block
Place of Trade
Content
Example
Qualifier TRADDET
:16R:TRADDET
:94B::TRAD//EXCH//MTS
•
Qualifier TRAD followed
by //EXCH to indicate that
the place of trade is a stock
exchange or a regulated
market. When EXCH is
used, it must be followed by
the Market Indicator Code
(MIC)
•
Qualifier TRAD followed
by //OTCO to indicate that
the trade was executed offmarket.
Comments
7/122
98a
M
SETT
Date and time
98a
M
TRAD
Date and time
90a
O
99A
O
35B
M
DEAL
DAAC
Deal Price
Number of Days Accrued
Identification of Financial
Instrument
In option A:
•
Qualifier SETT followed
by // with settlement date at
which securities are to be
exchanged.
In option A: Qualifier TRAD
followed by // with trade date at
which the deal was agreed.
In option C
Qualifier TRAD followed by //
with trade date/time at which the
deal was agreed.
:98A::SETT//19990125
Option A
Qualifier DEAL followed by
//PRCT to report a deal price
inpercentage form.
:90A::DEAL//PRCT//15d
:98A::TRAD//19990125
:98C::TRAD//19990125154312
Option B:
Qualifier DEAL followed by
ACTU to report a deal price as
an amount
Qualifier DAAC followed by the :99A::DAAC//3!n
number of days accrued
The ISIN code + security
description
or non ISIN Identifier using ISO
2 digit country code followed by
the national numbering scheme
:35B:ISIN FR0000131104
BNP PARIBAS
or
:35B:/FR/13110
Milan: if the information is received, it will be stored
and re-used for the confirmation, but it will not be
processed.
Milan: if the information is received, it will be stored
and re-used for the confirmation, but it will not be
processed.
To be noted that if a local code is used, it is mandatory
to include the country code in the ISO 2 digits form.
Optional Subsequence B1 : Financial Instrument Attributes
Field
16R
22F
Status Qualifier
M
FIA
O
FORM
22F
O/O
12a
O
PAYS
Field Definition
Start and name of the block
Country of register
Traditional options
Type of Financial Instrument
Content
FIA
Qualifier FORM followed by
/CRST/CR2!a (country code)
Qualifier PAYS followed by
/CRST/TO2!a
Example
Comments
:22F::FORM/CRST/CRGB
Used in London for on-exchange activity
:22F::PAYS/CRST/TO code
(Please contact our London
office for the list of codes)
Used in London for on-exchange activity
Information not required
8/122
11A
98A
92A
13a
17B
90a
36B
70E
O
O
O
O
O
O
O
O
DENO
FIAN
Currency of denomination
Date
Rate
Number ID
Flag
Price
Quantity of Financial Instrument
Narrative
Information not required
Information not required
Information not required
Information not required
Information not required
Information not required
Information not required
Qualifier FIAN followed by // and :70E::FIAN//REPO/5,00
Used by London only to identify REPO margin (e.g
5,00 for 5%) and stocklending margin STLD
- REPO/3n,2 for REPO margin
or
- STLD/n for stock lending margin
16S
M
FIA
End and name of the block
FIA
Priority indicator
Qualifier PRIR followed by// and :22F::PRIR//0001
End of sub sequence B1
22F
O
PRIR
the priority number
Used in London to indicate the exceution priority of
the instruction
Priority ranged from 0001(high) to 9999 (low)
22F
22F
M
O
RPOR
PROC
Transaction Report Marker
Qualifier RPOR followed by//
Indicator
with a codeword of 4 characters
( this field indicates how the
(either: :
transaction should be reported to
a regulatory organisation)
•
CRST/TRMD
or
•
CRST/TRMT
or
•
CRST/TRMX
or
•
CRST/TRMY
or
•
CRST/TRMZ
or
•
EXCH
or
•
TRRE
Processing Indicator (this field
Qualifier PROC followed by/
:22F::RPOR//EXCH
Used in London with beside codes ( including CREST
ones)
or
:22F::RPOR//CREST/XXXX
:22F::PROC/CRST/AXXX
Used in London
9/122
indicates whether the inputting
participant is acting as an agent
or a principle role)
11A
25D
70E
O
O
O
16S
M
Currency
Status
SPRO
TRADDET
End and name of the block
followed by CRST followed by/ A
(Agent) , P( Principal Purchase) ,
N( Not applicable)
or S ( Principal Sale)
Information not required
Information not required
Qualifier SPRO followed by/ and / :70E::SPRO/RPRT
•
RPRT/ to instruct a
repo returns
or
•
AMND/ to instruct an
amendment of repo
return date or interest
rate
•
TTCO//2c to indicate
the bargain
•
conditions(RO, RP, PD,
FD, BL, BN )
•
/SECC/ to indicate a
stock lending return
•
STLD/ for surpress
information (SRVY or
SRVN)
Qualifier TRADDET
Used in London to informa about the repo return,
bargain conditions and surpress revaluation
:16S:TRADDET
Sequence C: Repetitive Mandatory Financial Instrument/Account
Field
16R
36B
19A
70D
13B
97A
Status Qualifier
M
FIAC
M
SETT
O
O
O
M
SETT
DENC
CERT
SAFE
Field Definition
Content
Start and name of the block
Qualifier FIAC
Quantity of Financial Instrument •
Qualifier SETT followed by
//FAMT (face amount) or
//UNIT (number of shares)
Amount
Not required
Narrative
Not required
Number Identification
Information not required
Account
In option A:
Example
:16R:FIAC
:36B::SETT//UNIT/1000,
or
:36B::SETT//FAMT/10000000,
‰
Comments
Euronext :97A::SAFE//11c
10/122
•
97A
16S
O
M
CASH
FIAC
Account
End and name of the block
Qualifier SAFE
followed by // and the
Safekeeping a/c holding ‰
securities. Account
number is on 21
characters for long form
or from 5 to 11
characters for short form.
In option A:
‰
•
Qualifier CASH followed by
// the cash account to indicate
if the cash account is different ‰
from the default one.
The code word : FIAC
or
:97A::SAFE//21!c
Branches
:97A::SAFE//accountnr
Euronext :97A::CASH//11c
or
:97A::CASH//21!c
Branches
:97A::CASH// accountnr
Euronext : this information will be ignored in
Euronext while it will be processed STP in the
branches.
Except in Paris : only the account number will be
processed STP.
:16S:FIAC
Sequence D: Optional : Repo Details. This section is mandatory for repos transactions.
For more details please refer to the Markets specifications document.
Sequence E : Mandatory Settlement Details
Field
16R
22F
Status Qualifier
M
SETDET
M
SETR
Field Definition
Start and name of the block
Indicator
Content
Qualifier SETDET
Qualifier SETR followed by:
•
//TRAD. or
•
//SECL for stock
lending open and return
or
•
//REPU
Example
:16R:SETDET
:22F::SETR//TRAD
or
:22F::SETR//SECL
or
:22F::SETR//REPU
Comments
Belgium: NBB uses this field to report the
transaction types. This will replicate the current
ATXN BOC code reporting in Tag 72.
:22F::SETR/PARB/XXXX (XXXX being the same
BOC codes as the one used in tag 72 in current
format)
SECL is used for London to indicate a stock lending
open and return
REPU is used in London for repo activity
11/122
Field
22F
Status Qualifier
O
STCO
Field Definition
Indicator (indicates to regulators
the type of trade (average price
deal,..)
Content
Qualifier STCO followed by
/CRST followed by / TI2!c
where: TI - Transaction
Information; 2c!-indicates a free
format field
Qualifier STCO followed by
:22F::STCO/CRST/NCCY
/CRST followed by /NCC1!a
Where: NCC- NC Condition; !1a Y or N.
(Should only be used if trade is not
to settle in CREST ('Y')
Qualifier STCO followed by
:22F::STCO/CRST/CLO
/CRST/CLO!a
Used in London for on-exchange activity
NC Condition Should be used if trade is not to
settle in CREST ('Y')
Qualifier STCO followed by
//SPDL or PHYS or RPTO
SPDL to be used in London to indicate a Special
Delivery, New Deposit Link
22F
O
STCO
Indicator ( flag indicating that
this transaction will never settle
in CREST, defaults to N when
this field is applicable)
22F
O
STCO
Indicator
22F
O
STCO
Indicator
Example
:22F::STCO/CRST/TIXX
:22F::STCO//SPDL
22F::STCO//PHYS
Comments
Used in London for on-exchange activity to report
a 'sundry transaction information'
Used in London to indicate the counter location
PHYS to be used in London to indicate Physical
securities, Residual indicator
RPTO (Reporting) : Relates to a transaction that is
for reporting purposes only.
CLNT to be used in London to indicate a Client
side Transaction
MAKT to be used in London to indicate a Market
side Transaction
Used in London for on-exchange activity to precise
the dealing capacity : SAGE to populate when
settlings as an Agent and SPRI when settling as a
principal
22F
O
MACL
Party Capacity Indicator ( shows Qualifier MACL followed by
whether the transaction is
/CRST followed by //CLNT or
market or client side)
//MAKT
:22F::MACL//CLNT
:22F::MACL//MAKT
22F
O
TRCA
Indicator ( shows whether a
participant is acting in agent or
principal capacity )
Qualifier TRCA followed by //
and 4!c. Where 4!c = SAGE - i f
settling as an Agent or = SPRI - if
settling as a Principal
:22F::TRCA//SAGE
Stamp Duty Indicator (this field
indicates the stamp duty
information needed by BNP
Paribas to fulfil the stamp flag in
CREST).
Securities Real Ttime Gross
Settlment Indicator
Qualifier STAM followed by
/CRST/ and codewords to be
determined by BNP Paribas (see
list of codewords in All Market
specifications )
•
Qualifier RTGS followed by
//YRTG (for the french
RTGS system) or //NRTG
:22F::STAM/CRST/xxxx
Used in London for transaction stamp status
:22F:: RTGS//YRTG (for the
french RTGS system)
:22F:: RTGS//NRTG (for the
The usage of this field is specific to Euronext
activity.
22F
O
STAM
22F
O
RTGS
:22F::TRCA//SPRI
12/122
Field
Status Qualifier
Field Definition
22F
O
REGT
Registration indicator
22F
M
BLOC
Block trade indicator
Content
(for the french non-RTGS
system).
This field specifies if the
transaction has to settle in an
RTGS system or not. If not
present, default option is
applied.
•
Qualifier REGT followed by
//YRTG or //NRTG.
In addition beneficiary
information requested in the
settlement chain.
•
Qualifier BLOC foolowed by
//BLPA or BLCH indicating
if the transaction is a parent or
a child
Example
french non-RTGS system)
Comments
:22F::REGT//YRTG
:22F::REGT//NRTG
The usage of this field is specific to Euronext
activity.
:22F::BLOC//BLPA or
:22F::BLOC//BLCH
Used in Euronext markets
Repetitive Mandatory Subsequence E1 Settlement Parties.
The presence of the full settlement chain is highly recommended. The client of the counterparty is a mandatory information.
It is mandatory for BNP Paribas Securities Services to have at least the 2 previous elements of the settlement chain (Delivering Agent DEAG and the seller SELL). However if
other parts of the settlement chain are provided they will be processed (or DECU (if 3 levels) or DEIn (if n+3 levels) for example [DEAG+DEIM+DECU+SELL+…]).
A special format is required by Milan for guaranteed and non guaranteed on -exchange trades ( please refer to the document Market specific requirements")
16R
95a
20C
M
M
O
SETPRTY
DEAG
PROC
Start and name of the block
Delivering agent Party
Processing reference
Qualifier SETPRTY
•
Option P : DEAG followed
by Bic code of the
counterparty or
•
Option Q: DEAG followed
by name of counterpaty. This
option is NOT processed
STP.
•
Option R: DEAG followed by
Sicovam code or CREST
participant id with format
SICVnnn (max 12 digits).
In option C
:16R: SETPRTY
:95P::DEAG//PARBFRPP
or
:95Q::DEAG//Paribas Paris
or
:95R::DEAG/SICV/030
or
Milan: we recommend to use the BIC code whenever
possible
:95R::DEAG/CRST/030
:20C::PROC/xxxxxxxxxxx
Used in London for on-exchange activity, in order
13/122
Qualifier PROC followed by //16x
70a
O
DECL
Party Contact Narrative (a
reference for the delivering
agent's client)
End and name of the block
16S
M
SETPRTY
16R
95a
M
M
SETPRTY Start and name of the block
SELL
Seller
(if 2 levels)
95a
M
ALTE
Alternative ID
97A
M
SAFE
Account
20C
O
PROC
Processing Reference
70a
O
DECL
Party Contact Narrative (a
reference for the delivering
In option E
Qualifier DECL followed by
//6*30x
Qualifier SETPRTY
Qualifier SETPRTY
This field is mandatory for
internal trades; optional but
highly recommended for external
trades.
•
Option P : SELL followed by
Bic code of the counterparty’s
client or
•
Option Q: SELL followed by
name of counterparty’s client.
This option is NOT processed
STP.
•
Option R (London only):
SELL followed by Crest
Participant Code
In option S:
Qualifier ALTE followed by //
CHTY/2!a/30x
to identify the party reference
:70E::DECL//xxxxxxxxxxx
:16S:SETPRTY
:16R : SETPRTY
:95P::SELL//Seller Bic Code
or
:95Q::SELL//Seller Name.
or
Only Option P and R will be processed STP
The population of this field is mandatory for each
SMPG.
Frankfurt: This field is always mandatory.
:95R: SELL// ABC01 (London
only)
:95S::ALTE//CHTY/GB/123
In option A:
‰ Amsterdam :97A::SAFE//11
c
•
Qualifier SAFE
or
followed by // and the
:97A::SAFE//21!c
Safekeeping a/c holding
securities. Account
number is on 21
characters for long form
or from 5 to 11
characters for short form.
In option C
:20C::PROC//XXXXXXXX
Qualifier PROC followed by //16x
In option E
Qualifier DECL followed by //
Used in London for on-exchange activity, in order
to identify shared note
:70E::DECL//XXXXXXXX
Used in London to identify a chariry ID
Used in Milan to report the tax id in case of
taxbreakdown for an omnibus account (ref our
document Market specific requirements)
Netherland only : it is a market requirement to have
the account number of the client of the counterparty.
Milan : regarding transactions with a counterparty
using BP2S Milan as local agent, the safekeeping
account of your counterparty must be quoted if
known
Used in London for on-exchange activity in order
to identify the 'party reference'
Used in London for on-exchange activit to identify
selling/buying hidden client id
14/122
70a
O
PACO
16S
M
SETPRTY
agent's client)
Party Contact Narrative (a
reference for the delivering
agent's client)
End and name of the block
and //6*30x
Qualifier PACO followed by //30x :70C::PACO/xxxxxxxxxxx
:70C::PACO/CVS/XXX/X/XXX
Qualifier SETPRTY
Used in London for on-exchange activity in order
to identify selling:buying shared client ID
Used in Milan for CVS regulatory reporting
:16S:SETPRTY
The following subsequence is optional for SWIFT but is highly recommended by the SWIFT Market Practice Groups, therefore we would like to receive it.
16R
95a
O
M
SETPRTY Start and name of the block
PSET
Place of Settlement
Qualifier SETPRTY
•
Option P : PSET followed by
BIC code of Central
Depository
:16R: SETPRTY
:95P::PSET//MOTIITMMXXX
:95P::PSET//SCLVESMM
95P::PSET//CRESTGB22
16S
O
SETPRTY End and name of the block
Qualifier SETPRTY
:16S:SETPRTY
Milan: for cross border trades, in case of direct link
between CSDs, the BIC code of the foreign CSD
must be quoted (e.g Deutsche Boerse Clearing)
Milan :for instructions with Euroclear or
Clearstream that are using an Italian settlement
agent, MOTIITMMXXX must be quoted
( further details available in Market specific
requirements)
Repetitive Optional Sub-sequence E3 Amounts - London only
This occurrence of the block is only included in this message if SDRT (stamp duty) is to be paid and the stampable consideration needs to be quoted.
16R
19A
O/M
O/M
AMT
DEAL
16S
O/M
AMT
Start and name of the block
Amount - stampable
consideration
End and Name of block
Qualifier AMT
:16R:AMT
Qualifier DEAL followed by
:19A::DEAL//GBP25000
//[N]3!a15d (currency and amount)
Qualifier AMT
:16S:AMT
End and name of the block
Qualifier SETDET
End of sequence E
16S
M
SETDET
:16S:SETDET
Repetitive Optional Sequence F Other Parties
15/122
Field
16R
95a
Paribas Qualifier
Field Definition
Status
M
OTHRPRTY Start and name of the block
O
MERE
Party which is the final
destination of the message
95C
O/M
INVE
95P or
95R
M
EXCH
97A
70a
O
O
70E
O
70a
O
20C
O
16S
M
DECL
PROC
Content
Example
Qualifier OTHRPRTY
Option P:
‰ Qualifier MERE followed by
BPSS BIC code. This field is
not STP criteria.
Qualifier INVE followed by //2!a
Where - 2!a = Country code
:16R: OTHRPRTY
:95P::MERE//PARBFRPP
Represents a country code
(ISO3166) indicating the
nationality of the principal to
trade (required for certain
UK stocks)
Party - identifying the trade
Qualifier EXCH// followed by the
place ID, required if quoting trade place's BIC code (if field is
a trade reference
95P)
or
Qualifier EXCH/ followed by
8c/34x (if field is 95R)
Account
Information not required
Narrative
Information not required unless
you wish to cross off or register
securities.
Format should be:
Option C,D or E:
‰ Qualifier REGI followed by
//, Name and address of
beneficiary owner
Party Contact Narrative
In option E
Qualifier DECL followed by //
and //6*30x
Narrative.
Processing Reference (Trade
Reference)
OTHRPRTY End and name of block
Comments
:95C::INVE//2!a
Used in London to identify the nationality
declaration
:95P::EXCH/BIC Code
Used in London for on-exchange activity
:70D::REGI//
Name of final beneficiary
Address of final beneficiary
:70E::DECL//XXXXXXXX
Qualifier PROC followed by // and :20C::PROC//trade reference
16x trade reference
Qualifier OTHRPRTY
:16S:OTHRPRTY
Milan: will report the taxbreakdown of the omnibus
account ( ref. our document Market specific
requirements)
Depending upon branches
Used in London for on-exchange activity
16/122
MT 541 Receive Against Payment
Sequence A : Mandatory General Information
Field
16R
20C
Paribas
Status
M
M
Qualifier
Field Definition
Content
Example
GENL
SEME
Start and name of the block
Sender’s Reference Number
:16R:GENL
:20C::SEME//16x
Function of the Message
Qualifier GENL
Qualifier SEME followed by //
and by your reference (max of 16
characters)
NEWM : to instruct a new
settlement transaction
CANC : to cancel a previous
instruction
Sub codewords possible are :
CODU : Copy Duplicate
COPY : Copy.
DUPL : Duplicate
Information not required
Qualifier SETT is required in
case of trades linkage
Qualifier TOSE required if
linkage is used followed by //
and total number of settlement
instructions linked together
23G
M
NEWM
or
CANC
98a
99B
O
O
PREP
SETT
99B
O
TOSE
Preparation date and time
Current settlement instruction
number
Number Count
Comment
:23G:NEWM
or
:23G:NEWM/DUPL
CODU, COPY and DUPL will be process as repairs.
:99B::SETT/001
Used in Euronext
:99B::TOSE//nnn (where nnn is
total of instructions linked)
17/122
Repetitive Optional Subsequence A1 : Linkages.
This subsequence is however mandatory for cancellation or linkage requests. It is not required in other cases.
If received no automatic process, instruction is in repair and processed manually.London : this subsequence is mandatory in case of Stock Deposit Link
Field
16R
22F
Paribas
Status
M
O
13A
O
LINK
20C
M
PREV
or
POOL
or
RELA
16S
M
Qualifier
Field Definition
Content
Example
Comment
LINK
LINK
Start and name of the block
Not required for cancellation
Can be used for linkages.
WITH, mandatory in Madrid
for automated linkage
processing
Qualifier LINK
Qualifier LINK followed by
//AFTE , BEFO or WITH.
The instruction is to be
executed after, before or with
the linked instruction.
:16R:LINK
:22F::LINK//AFTE
:22F::LINK//WITH
Used and mandatory only in Madrid to automate
trades linkage proccessing
Number Id of the MT of the
linked transaction
Reference of instruction which
is linked to current instruction.
Information not required
:20C:: PREV//16x
End and name of the block
Qualifier PREV is mandatory
for linkage and cancellation
request. It specifies the
reference of the linked message
previously sent or reference of
the instruction to cancel.
Qualifier POOL is mandatory
for block trades or pool
instructions.
Qualifier LINK
Field Definition
Content
Example
LINK
LINK
Start and name of the block
Qualifier LINK
Qualifier LINK followed by
//CRST//DPLK
or //CRST//SDRF
in case of Deposit Link with or
without stamp duty
:16R:LINK
:22F::LINK//CRST/DPLK
or :22F::LINK//CRST/SDRF
Number Id of the MT of the
linked transaction
Reference of instruction which
LINK
PREV is used in Athens and Euronext, POOL is used
in Euronext, RELA is used in Madrid for linked trades.
or
:20C::POOL//BLOCK123
or
:20C::RELA//16x
:16S:LINK
London only:
Field
16R
22F
Paribas
Status
M
M
Qualifier
13A
O
LINK
20C
M
RELA
Comment
Used and mandatory for London to indicate a Stock
Deposit Link : if without stamp duty, populate DPLK
and if with stamp duty, populate with SDRF
Information not required
Qualifier RELA is mandatory
:20C::RELA//16x
RELA is used in London for Stock deposit details
18/122
16S
M
LINK
is linked to current instruction.
for specific case ( described in
beside columns
- if previously field 22F has been populated
with :22F::LINK//CRST/DPLK, beside field RELA
must be followed by:
Expected settlement date and Stock Deposit Link Drop
number
- if previously field 22F has been populated
with :22F::LINK//CRST/SDRF, beside field RELA
must be followed by: Participant ID (5c) and
Transaction reference
End and name of the block
Qualifier LINK
End and name of the block
Qualifier GENL
:16S:GENL
Content
Qualifier TRADDET
•
Qualifier TRAD followed
by //EXCH to indicate that
the place of trade is a stock
exchange or a regulated
market. When EXCH is
used, it must be followed by
the Market Indicator Code
(MIC)
•
Qualifier TRAD followed
by //OTCO to indicate that
the trade was executed offmarket.
In option A:
•
Qualifier SETT followed
by // with settlement date at
Example
:16R:TRADDET
:94B::TRAD//EXCH//MTS
:16S:LINK
End of Sequence A
16S
M
GENL
Sequence B : Mandatory Trade Details
Field
16R
94B
98a
Status
M
O
M
Qualifier
TRADDET
TRAD
or
OTCO
SETT
Field Definition
Start and name of the block
Place of Trade
Date and time
Comments
:98A::SETT//19990125
19/122
98a
M
TRAD
Date and time
90a
O
DEAL
Deal Price
99A
O
DAAC
Number of Days Accrued
35B
M
Identification of Financial
Instrument
which securities are to be
exchanged.
In option A: Qualifier TRAD
followed by // with trade date at
which the deal was agreed.
In option C
Qualifier TRAD followed by //
with trade date/time at which the
deal was agreed.
:98A::TRAD//19990125
:98C::TRAD//19990125154312
Qualifier DEAL followed by
:90A::DEAL//PRCT//15d
//PRCT to report a deal price
inpercentage form.
Qualifier DAAC followed by the :99A::DAAC//3!n
number of days accrued
The ISIN code + security
description
or non ISIN Identifier using ISO
2 digit country code followed by
the national numbering scheme
:35B:ISIN FR0000131104
BNP PARIBAS
or
:35B:/FR/13110
Milan: if the information is received, it will be stored
and re-used for the confirmation, but it will not be
processed.
Milan: if the information is received, it will be stored
and re-used for the confirmation, but it will not be
processed.
To be noted that if a local code is used, it is mandatory
to include the country code in the ISO 2 digits form.
Optional Subsequence B1 : Financial Instrument Attributes:
Field
16R
22F
Status Qualifier
M
FIA
O
FORM
22F
O/O
12a
11A
98A
92A
13a
17B
90a
36B
70E
O
O
O
O
O
O
O
O
O
PAYS
DENO
FIAN
Field Definition
Start and name of the block
Country of register
Traditional options
Type of Financial Instrument
Currency of denomination
Date
Rate
Number ID
Flag
Price
Quantity of Financial Instrument
Narrative
Content
FIA
Qualifier FORM followed by
/CRST/CR2!a (country code)
Qualifier PAYS followed by
/CRST/TO2!a
Example
Comments
:22F::FORM/CRST/CRGB
Used in London for on-exchange activity
:22F::PAYS/CRST/TO code
(Please contact our London
office for the list of codes)
Used in London for on-exchange activity
Information not required
Information not required
Information not required
Information not required
Information not required
Information not required
Information not required
Information not required
Qualifier FIAN followed by // and :70E::FIAN//REPO/5,00
Used by London only to identify REPO margin (e.g
20/122
5,00 for 5%) and stocklending margin STLD
- REPO/3n,2 for REPO margin
or
- STLD/n for stock lending margin
16S
M
FIA
End and name of the block
FIA
Priority indicator
Qualifier PRIR followed by// and :22F::PRIR//0001
End of subsequence B1
22F
O
PRIR
the priority number
22F
M
22F
O
11A
25D
70E
O
O
O
RPOR
PROC
SPRO
Transaction Report Marker
Qualifier RPOR followed by//
Indicator
with a codeword of 4 characters
( this field indicates how the
(either: :
transaction should be reported to
a regulatory organisation)
•
CRST/TRMD
or
•
CRST/TRMT
or
•
CRST/TRMX
or
•
CRST/TRMY
or
•
CRST/TRMZ
or
•
/EXCH
or
•
TRRE
Processing Indicator (this field
indicates whether the inputting
participant is acting as an agent
or a principle role)
Currency
Status
Settlement Instruction
Processing Narrative
:22F::RPOR//EXCH
Used in London to indicate the exceution priority of
the instruction
Priority ranged from 0001(high) to 9999 (low)
Used in London with beside codes ( including CREST
ones)
or
:22F::RPOR//CREST/XXXX
Qualifier PROC followed by/
:22F::PROC/CRST/AXXX
followed by CRST followed by/
with A (Agent) , P( Principal
Purchase) , N( Not applicable)
or S ( Principal Sale)
Information not required
Information not required
Qualifier SPRO followed by/ and / :70E::SPRO/RPRT
Used in London
Used in London to informa about the repo return,
bargain conditions and surpress revaluation
21/122
•
RPRT/ to instruct a
repo returns
•
AMND/ to instruct an
amendment of repo
return date or interest
rate
TTCO//2c to indicate
the bargain
conditions(RO, RP, PD,
FD, BL, BN )
/SECC/ to indicate a
stock lending return
STLD/ for surpress
information (SRVY or
SRVN)
or
•
•
•
•
16S
M
TRADDET
End and name of the block
Qualifier TRADDET
:16S:TRADDET
Sequence C: Repetitive Mandatory Financial Instrument/Account
Field
16R
36B
19A
70D
13B
97A
Status Qualifier
M
FIAC
M
SETT
O
O
O
M
SETT
DENC
CERT
SAFE
Field Definition
Content
Start and name of the block
Qualifier FIAC
Quantity of Financial Instrument •
Qualifier SETT followed by
//FAMT (face amount) or
//UNIT (number of shares)
Amount
Not required
Narrative
Not required
Number Identification
Information not required
Account
In option A:
•
Qualifier SAFE
followed by // and the
Safekeeping a/c holding
securities. Account
number is on 21
characters for long form
or from 5 to 11
Example
:16R:FIAC
:36B::SETT//UNIT/1000,
or
:36B::SETT//FAMT/10000000,
‰
‰
Comments
Euronext :97A::SAFE//11c
or
:97A::SAFE//21!c
Branches
:97A::SAFE//accountnr
22/122
97A
16S
O
M
CASH
FIAC
Account
End and name of the block
characters for short form.
In option A:
‰
•
Qualifier CASH followed by
// the cash account to indicate
if the cash account is different ‰
from the default one.
The code word : FIAC
Euronext :97A::CASH//11c
or
:97A::CASH//21!c
Branches
:97A::CASH// accountnr
Euronext : this information will be ignored in
France while it will be processed STP in the
branches.
Except in Paris : only the account number will be
processed STP.
:16S:FIAC
Sequence D: Optional : Repo Details. This section is mandatory for repos transactions
For more details please refer to the Markets specifications document.
Sequence E : Mandatory Settlement Details
Field
16R
22F
Status Qualifier
M
SETDET
M
SETR
22F
O
STCO
22F
O
STCO
Field Definition
Start and name of the block
Indicator
Content
Qualifier SETDET
Qualifier SETR followed by
•
//TRAD for
delivery:receiving inx or
•
//SECL, for stock
lending open and retuor
•
//REPU.
Example
:16R:SETDET
:22F::SETR//TRAD
Indicator (shows transaction
type for REPO)
:22F:: SETR//REPU
Indicator (indicates to regulators Qualifier STCO followed by
:22F::STCO/CRST/TIXX
the type of trade (average price /CRST followed by / TI2!c
deal,..)
where: TI - Transaction
Information; 2c!-indicates a free
format field
Indicator ( flag indicating that
Qualifier STCO followed by
:22F::STCO/CRST/NCCY
this transaction will never settle /CRST followed by /NCC1!a
in CREST, defaults to N when
Where: NCC- NC Condition; !1a this field is applicable)
Y or N.
(Should only be used if trade is not
Comments
Belgium: NBB uses this field to report the
transaction types. This will replicate the current
ATXN BOC code reporting in Tag 72.
:22F::SETR/PARB/XXXX (XXXX being the same
BOC codes as the one used in tag 72 in current
format)
SECL used in London for stock lending open
Used in London for REPO activity
Used in London for on-exchange activity
Sundry Transaction Information
Used in London for on-exchange activity
NC Condition. Should only be used if trade is not
to settle in CREST ('Y')
23/122
Field
22F
Status Qualifier
O
STCO
22F
O
MACL
22F
O
STCO
22F
O
TRCA
22F
O
STAM
22F
O
RTGS
22F
O
REGT
Field Definition
Indicator
Party Capacity Indicator (shows
whether the transaction is
market or client side)
Party Capacity Indicator (shows
whether the transaction is
market or client side)
Content
to settle in CREST ('Y')
Qualifier STCO followed by:
//SPDL or
//PHYS or
/CRST/CLO!a
Qualifier MACL followed by
•
//CLNT, for client side
•
//MAKT for market side
Qualifier STCO followed by
/CRST followed by /MCI1!a
Where: MCI - Market Client
Indicator; 1!a is C ( client ) or
M( Market)
Indicator ( shows whether a
Qualifier TRCA followed by //
participant is acting in agent or
and 4!c. Where 4!c = SAGE - if
principal capacity )
settling as an Agent or = SPRI - if
settling as a Principal
Stamp Duty Indicator (this field Qualifier STAM followed by
indicates the stamp duty
/CRST/ and codewords to be
information needed by BNP
determined by BNP Paribas (see
Paribas to fulfil the stamp flag in list in our separate 'All Market
CREST).
specifications' document )
Indicator
•
Qualifier RTGS followed by
//YRTG (for the french
RTGS system) or //NRTG
(for the french non-RTGS
system).
This field specifies if the
transaction has to settle in an
RTGS system or not. If not
present, default option is
applied.
Indicator
•
Qualifier REGT followed by
//YRTG or //NRTG.
In addition beneficiary
information requested in the
Example
Comments
:22F::STCO//SPDL
or
:22F::STCO//PHYS
or
:22F::STCO/CRST/CLO
:22F::MACL//CLNT
Special Delivery, New deposit link
Physical securities, Residual indicator
Counter location
:22F::STCO/CRST/MCIC
Used in London for on-exchange activity
:22F::TRCA//SAGE
Used in London for on-exchange activity
Dealing Capacity
:22F::STAM/CRST/xxxx
Used in London for transaction stamp status
:22F:: RTGS//YRTG (for the
french RTGS system)
:22F:: RTGS//NRTG (for the
french non-RTGS system)
The usage of this field is specific to Euronext
activity.
:22F::REGT//YRTG
:22F::REGT//NRTG
The usage of this field is specific to Euronext
activity.
Used in London for on-exchange activity
24/122
Field
22F
Status Qualifier
M
BLOC
Field Definition
Block trade indicator
Content
Example
settlement chain.
•
Qualifier BLOC foolowed by :22F::BLOC//BLPA or
//BLPA or BLCH indicating :22F::BLOC//BLCH
if the transaction is a parent or
a child
Comments
Used in Euronext markets
Repetitive Mandatory Subsequence E1 Settlement Parties.
The presence of the full settlement chain is highly recommended. The client of the counterparty is a mandatory information.
It is mandatory for BNP Paribas Securities Services to have at least the 2 previous elements of the settlement chain (Delivering Agent DEAG and the seller SELL). However if
other parts of the settlement chain are provided they will be processed (or DECU (if 3 levels) or DEIn (if n+3 levels) for example [DEAG+DEIM+DECU+SELL+…]).
A special format is required by Milan for guaranteed and non guaranteed on -exchange trades ( please refer to the document Market specific requirements")
16R
95a
M
M
SETPRTY
DEAG
Start and name of the block
Delivering agent Party
20C
O
PROC
Processing reference
70a
O
DECL
16S
M
SETPRTY
Party Contact Narrative (a
reference for the delivering
agent's client)
End and name of the block
16R
95a
M
M
SETPRTY Start and name of the block
SELL
Seller
(if 2 levels)
Qualifier SETPRTY
•
Option P : DEAG followed
by Bic code of the
counterparty or
•
Option Q: DEAG followed
by name of counterpaty. This
option is NOT processed
STP.
•
Option R: DEAG followed by
Sicovam code with format
SICVnnn (max 12 digits).
In option C
Qualifier PROC followed by //16x
:16R: SETPRTY
:95P::DEAG//PARBFRPP
or
:95Q::DEAG//Paribas Paris
or
:95R::DEAG/SICV/030
Milan: we recommend to use the BIC code whenever
possible
:20C::PROC/xxxxxxxxxxx
Used in London for on-exchange activity, in order
to identify the party reference
:70E::DECL//xxxxxxxxxxx
Used in London for on-exchange activity, in order
to identify shared note
In option E
Qualifier DECL followed by
//6*30x
Qualifier SETPRTY
:16S:SETPRTY
Qualifier SETPRTY
This field is mandatory for
internal trades; optional but
highly recommended for external
:16R : SETPRTY
:95P::SELL//Seller Bic Code
or
:95Q::SELL//Seller Name.
Only Option P and R will be process STP
The population of this field is mandatory for each
SMPG.
25/122
trades.
•
Option P : SELL followed by
Bic code of the counterparty’s
client or
•
Option Q: SELL followed by
name of counterparty’s client.
This option is NOT processed
STP.
•
Option R (London only):
SELL followed by Crest
Participant Code
Option S:
•
ALTE followed by
//CHTY/2!a/30x
or
:95R:: SELL// ABC01 (London
only)
95a
O
ALTE
alternative ID to identify the
charity ID
97A
M
SAFE
Account
In option A:
‰
•
Qualifier SAFE
followed by // and the
Safekeeping a/c holding
securities. Account
number is on 21
characters for long form
or from 5 to 11
characters for short form.
98a
20C
20C
O
O
O
PROC
PROC
PROC
Date/time
Reference
Processing reference
Information not required
Information not required
In option C
:20C::PROC/xxxxxxxxxxx
Qualifier PROC followed by //16x
Used in London for on-exchange activity, in order
to identify the client market link
70a
O
PACO
Qualifier PACO followed by //30x :70C::PACO/xxxxxxxxxxx
:70C::PACO/CVS/XXX/X/XXX
Used in London for on-exchange activity
Used in Milan for CVS regulatory reporting
70a
O
DECL
M
SETPRTY
In option E
Qualifier DECL followed by //
and //6*30x
Qualifier SETPRTY
Used in London for on-exchange activity in order
to identify selling/buying hidden client id
16S
Party Contact Narrative (a
reference for the delivering
agent's client)
Party Contact Narrative (a
reference for the delivering
agent's client)
End and name of the block
:95S::ALTE//CHTY/GB/123
Amsterdam :97A::SAFE//11
c
or
:97A::SAFE//21!c
:70E::DECL//XXXXXXXX
Used in Milan to report the tax id in case of
taxbreakdown for an omnibus account (ref our
document Market specific requirements)
Netherland only : it is a market requirement to have
the account number of the client of the counterparty
London: Safekeeping account of the client
counterpart or
safekeeping account of the client of the client of
counterpart.
Milan : regarding transactions with a counterparty
using BP2S Milan as local agent, the safekeeping
account of your counterparty must be quoted if
known
:16S:SETPRTY
26/122
The following subsequence is optional for SWIFT but is highly recommended by the SWIFT Market Practice Groups, therefore we would like to receive it.
16R
95a
O
M
SETPRTY Start and name of the block
PSET
Place of Settlement
Qualifier SETPRTY
•
Option P : PSET followed by
BIC code of Central
Depository
:16R: SETPRTY
:95P::PSET//MOTIITMMXXX
:95P::PSET//SCLVESMM
16S
O
SETPRTY End and name of the block
Qualifier SETPRTY
:16S:SETPRTY
Milan: for cross border trades, in case of direct link
between CSDs, the BIC code of the foreign CSD
must be quoted (e.g Deutsche Boerse Clearing)
Milan :for instructions with Euroclear or
Clearstream that are using an Italian settlement
agent, MOTIITMMXXX must be quoted
( further details available in Market specific
requirements)
Repetitive Optional Sub-sequence E3 Amounts
This occurrence of the block is only included in this message if SDRT (stamp duty) is to be paid and the stampable consideration needs to be quoted.
16R
19A
O/M
O/M
AMT
DEAL
Start and name of the block
Amount - stampable
consideration
Qualifier AMT
:16R:AMT
Qualifier DEAL followed by
:19A::DEAL//GBP25000
//[N]3!a15d (currency and amount)
19A
M
SETT
16S
O/M
AMT
Amount - consideration of
transaction
End and Name of block
Qualifier SETT followed by
:19A::SETT//-GBP25000
//[N]3!a15d (currency and amount)
Qualifier AMT
:16S:AMT
End and name of the block
Qualifier SETDET
:16S:SETDET
Content
Example
Qualifier OTHRPRTY
:16R: OTHRPRTY
This occurrence of the block is only included in this
message if SDRT (stamp duty) is to be paid and the
stampable consideration needs to be quoted.
End of sequence E
16S
M
SETDET
Repetitive Optional Sequence F Other Parties
Field
16R
Paribas Qualifier
Field Definition
Status
M
OTHRPRTY Start and name of the block
Comments
27/122
95a
M
MERE
Party which is the final
destination of the message
95C
O/M
INVE
95P or
95R
O/O
EXCH
97A
70a
O
O
70E
O
70a
O
Represents a country code
(ISO3166) indicating the
nationality of the principal to
trade (required for certain
UK stocks)
Party - identifying the trade
Qualifier EXCH// followed by the
place ID, required if quoting trade place's BIC code (if field is
a trade reference
95P)
or
Qualifier EXCH/ followed by
8c/34x (if field is 95R)
Account
Information not required
Narrative
Information not required unless
you wish to cross off or register
securities.
Format should be:
Option C,D or E:
‰ Qualifier REGI followed by
//, Name and address of
beneficiary owner
Party Contact Narrative
In option E
Qualifier DECL followed by //
and //6*30x
Narrative.
20C
O
16S
M
DECL
PROC
Processing Reference (Trade
Reference)
OTHRPRTY End and name of block
Option P:
‰ Qualifier MERE followed by
BPSS BIC code. This field is
not STP criteria.
Qualifier INVE followed by //2!a
Where - 2!a = Country code
:95P::MERE//PARBFRPP
:95C::INVE//2!a
Used in London to identify the nationality
declaration
:95P::EXCH/BIC Code
Used in London for on-exchange activity
:70D::REGI//
Name of final beneficiary
Address of final beneficiary
:70E::DECL//XXXXXXXX
Qualifier PROC followed by // and :20C::PROC//trade reference
16x trade reference
Qualifier OTHRPRTY
:16S:OTHRPRTY
Milan: will report the taxbreakdown of the omnibus
account ( ref. our document Market specific
requirements)
Depending upon branches
Used in London for on-exchange activity
28/122
MT 542 Deliver Free of Payment
Sequence A : Mandatory General Information
Field
16R
20C
Paribas
Status
M
M
Qualifier
Field Definition
Content
Example
GENL
SEME
Start and name of the block
Sender’s Reference Number
:16R:GENL
:20C::SEME//16x
Function of the Message
Qualifier GENL
Qualifier SEME followed by //
and by your reference (max of 16
characters)
NEWM : to instruct a new
settlement transaction
CANC : to cancel a previous
instruction
Sub codewords possible are :
CODU : Copy Duplicate
COPY : Copy.
DUPL : Duplicate
Information not required
Qualifier SETT is required in
case of trades linkage
Qualifier TOSE is required in
case of trades linkages or pool
23G
M
NEWM
or
CANC
98a
99B
O
O
PREP
SETT
99B
O
TOSE
Preparation date and time
Current settlement instruction
number
Number Count
Comment
:23G:NEWM
or
:23G:NEWM/DUPL
CODU, COPY and DUPL will be process as repairs.
:99B::SETT/001
Used in Euronext
:99B::TOSE//nnn (where nnn is
the total of linked instructions)
Used in Euronext
29/122
Repetitive Optional Subsequence A1 : Linkages.
This subsequence is however mandatory for cancellation or linkage requests. It is not required in other cases.
If received no automatic process, instruction is in repair and processed manually.
London : this subsequence is mandatory in case of Stock Deposit Link
Field
16R
22F
Paribas
Status
M
O
13A
O
LINK
20C
M
PREV
or
POOL
or
RELA
16S
M
Qualifier
Field Definition
Content
Example
Comment
LINK
LINK
Start and name of the block
Not required for cancellation
Can be used for linkages.
WITH, mandatory in Madrid
for automated linkage
processing
Qualifier LINK
Qualifier LINK followed by
//AFTE , BEFO or WITH.
The instruction is to be
executed after, before or with
the linked instruction.
:16R:LINK
:22F::LINK//AFTE
:22F::LINK//WITH
Used and mandatory only in Madrid to automate
trades linkage proccessing
Number Id of the MT of the
linked transaction
Reference of instruction which
is linked to current instruction.
Information not required
:20C:: PREV//16x
End and name of the block
Qualifier PREV is mandatory
for linkage and cancellation
request. It specifies the
reference of the linked message
previously sent or reference of
the instruction to cancel.
Qualifier POOL is mandatory
for block trades or pool
instructions.
Qualifier LINK
Field Definition
Content
Example
LINK
LINK
Start and name of the block
Qualifier LINK
Qualifier LINK followed by
//CRST//DPLK
or //CRST//SDRF
in case of Deposit Link with or
without stamp duty
:16R:LINK
:22F::LINK//CRST/DPLK
or :22F::LINK//CRST/SDRF
LINK
Number Id of the MT of the
linked transaction
LINK
PREV is used in Athens and Euronext, POOL is used
in Euronext, RELA is used in Madrid for linked trades.
or
:20C::POOL//BLOCK123
or
:20C::RELA//16x
:16S:LINK
London only:
Field
16R
22F
Paribas
Status
M
M
13A
O
Qualifier
Comment
Used and mandatory for London to indicate a Stock
Deposit Link : if without stamp duty, populate DPLK
and if with stamp duty, populate with SDRF
Information not required
30/122
20C
M
RELA
Reference of instruction which
is linked to current instruction.
Qualifier RELA is mandatory
for specific case ( described in
beside columns
:20C::RELA//16x
16S
M
LINK
End and name of the block
Qualifier LINK
:16S:LINK
End and name of the block
Qualifier GENL
RELA is used in London for Stock deposit details
- if previously field 22F has been populated
with :22F::LINK//CRST/DPLK, beside field RELA
must be followed by:
Expected settlement date and Stock Deposit Link Drop
number
- if previously field 22F has been populated
with :22F::LINK//CRST/SDRF, beside field RELA
must be followed by: Participant ID (5c) and
Transaction reference
End of Sequence A
16S
M
GENL
:16S:GENL
Sequence B : Mandatory Trade Details
Field
16R
94B
Status
M
O
Qualifier
TRADDET
TRAD
Field Definition
Start and name of the block
Place of Trade
Content
Example
Qualifier TRADDET
:16R:TRADDET
:94B::TRAD//EXCH//MTS
•
Qualifier TRAD followed
by //EXCH to indicate that
the place of trade is a stock
exchange or a regulated
market. When EXCH is
used, it must be followed by
the Market Indicator Code
(MIC)
•
Qualifier TRAD followed
by //OTCO to indicate that
Comments
31/122
98a
M
SETT
Date and time
98a
M
TRAD
Date and time
90a
O
DEAL
Deal Price
99A
O
DAAC
Number of Days Accrued
35B
M
Identification of Financial
Instrument
the trade was executed offmarket.
In option A:
•
Qualifier SETT followed
by // with settlement date at
which securities are to be
exchanged.
In option A: Qualifier TRAD
followed by // with trade date at
which the deal was agreed.
In option C
Qualifier TRAD followed by //
with trade date/time at which the
deal was agreed.
:98A::SETT//19990125
:98A::TRAD//19990125
:98C::TRAD//19990125154312
Qualifier DEAL followed by
:90A::DEAL//PRCT//15d
//PRCT to report a deal price
inpercentage form.
Qualifier DAAC followed by the :99A::DAAC//3!n
number of days accrued
The ISIN code + security
description
or non ISIN Identifier using ISO
2 digit country code followed by
the national numbering scheme
:35B:ISIN FR0000131104
BNP PARIBAS
or
:35B:/FR/13110
Milan: if the information is received, it will be stored
and re-used for the confirmation, but it will not be
processed.
Milan: if the information is received, it will be stored
and re-used for the confirmation, but it will not be
processed.
To be noted that if a local code is used, it is mandatory
to include the country code in the ISO 2 digits form.
Optional Subsequence B1 : Financial Instrument Attributes:
Field
16R
22F
Status Qualifier
M
FIA
O
FORM
22F
O/O
12a
11A
98A
92A
O
O
O
O
PAYS
DENO
Field Definition
Start and name of the block
Country of register
Traditional options
Type of Financial Instrument
Currency of denomination
Date
Rate
Content
FIA
Qualifier FORM followed by
/CRST/CR2!a (country code)
Qualifier PAYS followed by
/CRST/TO2!a
Example
Comments
:22F::FORM/CRST/CRGB
Used in London for on-exchange activity
:22F::PAYS/CRST/TO code
(Please contact our London
office for the list of codes)
Used in London for on-exchange activity
Information not required
Information not required
Information not required
Information not required
32/122
13a
17B
90a
36B
70E
O
O
O
O
O
FIAN
Number ID
Flag
Price
Quantity of Financial Instrument
Narrative
Information not required
Information not required
Information not required
Information not required
Qualifier FIAN followed by // and :70E::FIAN//REPO/5,00
Used by London only to identify REPO margin (e.g
5,00 for 5%) and stocklending margin STLD
- REPO/3n,2 for REPO margin
or
- STLD/n for stock lending margin
16S
M
FIA
End and name of the block
FIA
Priority indicator
Qualifier PRIR followed by// and :22F::PRIR//0001
End of subsquence B1
22F
O
PRIR
the priority number
22F
22F
M
O
RPOR
PROC
Transaction Report Marker
Qualifier RPOR followed by//
Indicator
with a codeword of 4 characters
( this field indicates how the
(either: :
transaction should be reported to
a regulatory organisation)
•
CRST/TRMD
or
•
CRST/TRMT
or
•
CRST/TRMX
or
•
CRST/TRMY
or
•
CRST/TRMZ
or
•
/EXCH
or
•
TRRE
Processing Indicator (this field
indicates whether the inputting
participant is acting as an agent
or a principle role)
Qualifier PROC followed by/
followed by CRST followed by/
with A (Agent) , P( Principal
Purchase) , N( Not applicable)
:22F::RPOR//EXCH
Used in London to indicate the exceution priority of
the instruction
Priority ranged from 0001(high) to 9999 (low)
Used in London with beside codes ( including CREST
ones)
or
:22F::RPOR//CREST/XXXX
:22F::PROC/CRST/AXXX
Used in London
33/122
11A
25D
70E
O
O
O
SPRO
16S
M
TRADDET
Currency
Status
Settlement Instruction
Processing Narrative
End and name of the block
or S ( Principal Sale)
Information not required
Information not required
Qualifier SPRO followed by/ and / :70E::SPRO/RPRT
•
RPRT/ to instruct a
repo returns
or
•
AMND/ to instruct an
amendment of repo
return date or interest
rate
•
TTCO//2c to indicate
the bargain
•
conditions(RO, RP, PD,
FD, BL, BN )
•
/SECC/ to indicate a
stock lending return
•
STLD/ for surpress
information (SRVY or
SRVN)
Qualifier TRADDET
Used in London to informa about the repo return,
bargain conditions and surpress revaluation
:16S:TRADDET
Sequence C: Repetitive Mandatory Financial Instrument/Account
Field
16R
36B
19A
70D
13B
97A
Status Qualifier
M
FIAC
M
SETT
O
O
O
M
SETT
DENC
CERT
SAFE
Field Definition
Content
Start and name of the block
Qualifier FIAC
Quantity of Financial Instrument •
Qualifier SETT followed by
//FAMT (face amount) or
//UNIT (number of shares)
Amount
Not required
Narrative
Not required
Number Identification
Information not required
Account
In option A:
•
Qualifier SAFE
followed by // and the
Safekeeping a/c holding
Example
:16R:FIAC
:36B::SETT//UNIT/1000,
or
:36B::SETT//FAMT/10000000,
‰
‰
Comments
Euronext :97A::SAFE//11c
or
:97A::SAFE//21!c
Branches
34/122
97A
16S
O
M
CASH
FIAC
Account
End and name of the block
securities. Account
number is on 21
characters for long form
or from 5 to 11
characters for short form.
In option A:
‰
•
Qualifier CASH followed by
// the cash account to indicate
if the cash account is different ‰
from the default one.
The code word : FIAC
:97A::SAFE//accountnr
Euronext :97A::CASH//11c
or
:97A::CASH//21!c
Branches
:97A::CASH// accountnr
Euronext : this information will be ignored in
France while it will be processed STP in the
branches.
Except in Paris : only the account number will be
processed STP.
:16S:FIAC
Sequence D: Optional : Repo Details. This section is mandatory for repos transactions
For more details please refer to the Market specifications document.
Sequence E : Mandatory Settlement Details
Field
16R
22F
Status Qualifier
M
SETDET
M
SETR
22F
O
STCO
22F
O
STCO
Field Definition
Start and name of the block
Indicator
Content
Example
Qualifier SETDET
:16R:SETDET
Qualifier SETR followed by:
:22F::SETR//TRAD
•
//TRAD. for
delivery/receiving inx
•
//SECL for stock
lending open and returne
•
//REPU
Indicator (indicates to regulators Qualifier STCO followed by
the type of trade (average price /CRST followed by / TI2!c
deal,..)
where: TI - Transaction
Information; 2c!-indicates a free
format field
Indicator ( flag indicating that
Qualifier STCO followed by
:22F::STCO/CRST/TIXX
:22F::STCO/CRST/NCCY
Comments
Belgium: NBB uses this field to report the
transaction types. This will replicate the current
ATXN BOC code reporting in Tag 72.
:22F::SETR/PARB/XXXX (XXXX being the same
BOC codes as the one used in tag 72 in current
format)
SECL used in London for stock lending open
(REPU) Used in London for REPO activity
Used in London for on-exchange activity
Sundry Transaction Information
Used in London for on-exchange activity
35/122
Field
22F
Status Qualifier
O
STCO
22F
O
MACL
22F
O
STCO
22F
O
TRCA
22F
O
STAM
22F
O
RTGS
Field Definition
this transaction will never settle
in CREST, defaults to N when
this field is applicable)
Indicator
Party Capacity Indicator (shows
whether the transaction is
market or client side)
Party Capacity Indicator (shows
whether the transaction is
market or client side)
Content
/CRST followed by /NCC1!a
Where: NCC- NC Condition; !1a Y or N.
(Should only be used if trade is not
to settle in CREST ('Y')
Qualifier STCO followed by:
//SPDL or
//PHYS or
/CRST/CLO!a or
//RPTO
Qualifier MACL followed by
•
//CLNT, for client side
//MAKT for market side
Qualifier STCO followed by
/CRST followed by /MCI1!a
Where: MCI - Market Client
Indicator; 1!a is C ( client ) or
M( Market)
Indicator ( shows whether a
Qualifier TRCA followed by //
participant is acting in agent or
and 4!c. Where 4!c = SAGE - if
principal capacity )
settling as an Agent or = SPRI - if
settling as a Principal
Stamp Duty Indicator (this field Qualifier STAM followed by
indicates the stamp duty
/CRST/ and codewords to be
information needed by BNP
determined by BNP Paribas (see
Paribas to fulfil the stamp flag in list in our separate 'All Market
CREST).
specifications' document )
Indicator
•
Qualifier RTGS followed by
//YRTG (for the french
RTGS system) or //NRTG
(for the french non-RTGS
system).
This field specifies if the
transaction has to settle in an
RTGS system or not. If not
present, default option is
applied.
Example
Comments
NC Condition. Should only be used if trade is not
to settle in CREST ('Y')
:22F::STCO//SPDL
or
:22F::STCO//PHYS
or
:22F::STCO/CRST/CLO
:22F::MACL//CLNT
Special Delivery, New deposit link
Physical securities, Residual indicator
Counter location
RPTO (Reporting): relates to a transaction that is
for reporting purposes only
Used in London for on-exchange activity
:22F::STCO/CRST/MCIC
Used in London for on-exchange activity
:22F::TRCA//SAGE
Used in London for on-exchange activity
Dealing capacity
:22F::STAM/CRST/xxxx
Used in London for transaction stamp status
:22F:: RTGS//YRTG (for the
french RTGS system)
:22F:: RTGS//NRTG (for the
french non-RTGS system)
The usage of this field is specific to Euronext
activity.
36/122
Field
22F
22F
Status Qualifier
O
REGT
M
BLOC
Field Definition
Indicator
Block trade indicator
Content
•
Qualifier REGT followed by
//YRTG or //NRTG.
In addition beneficiary
information requested in the
settlement chain.
•
Qualifier BLOC foolowed by
//BLPA or BLCH indicating
if the transaction is a parent or
a child
Example
:22F::REGT//YRTG
:22F::REGT//NRTG
Comments
The usage of this field is specific to Euronext
activity.
:22F::BLOC//BLPA or
:22F::BLOC//BLCH
Used in Euronext markets
Repetitive Mandatory Subsequence E1 Settlement Parties.
The presence of the full settlement chain is highly recommended. The client of the counterparty is a mandatory information.
It is mandatory for BNP Paribas Securities Services to have at least the 2 previous elements of the settlement chain (Receiving Agent REAG and the buyer BUYR). However if
other parts of the settlement chain are provided they will be processed (or RECU (if 3 levels) or REIn (if n+3 levels) for example [BUYR+REAG+RECU+REIn+…]).
A special format is required by Milan for guaranteed and non guaranteed on -exchange trades ( please refer to the document Market specific requirements")
16R
95a
M
M
SETPRTY
REAG
Start and name of the block
Receiving agent Party
Qualifier SETPRTY
•
Option P : REAG followed
by Bic code of the
counterparty or
•
Option Q: REAG followed
by name of counterpaty. This
option is NOT processed
STP.
•
Option R: DEAG followed by
Sicovam code with format
SICVnnn (max 12 digits).
In option C
Qualifier PROC followed by //16x
:16R: SETPRTY
:95P::REAG//PARBFRPP
or
:95Q::REAG//Paribas Paris
or
:95R::REAG/SICV/030
20C
O
PROC
Processing reference
70a
O
DECL
16S
M
SETPRTY
Party Contact Narrative (a
reference for the delivering
agent's client)
End and name of the block
In option E
Qualifier DECL followed by
//6*30x
Qualifier SETPRTY
:16S:SETPRTY
16R
M
SETPRTY
Start and name of the block
Qualifier SETPRTY
:16R : SETPRTY
Milan: we recommend to use the BIC code whenever
possible
:20C::PROC/xxxxxxxxxxx
Used in London for on-exchange activity, in order
to identify the party reference
:70E::DECL//xxxxxxxxxxx
Used in London for on-exchange activity, in order
to identify shared note
37/122
BUYR
BUYRer
(if 2 levels)
95P::BUYR//Buyer Bic Code
or
:95Q:: BUYR //Buyer Name
Only Option P will be process STP
The population of this field is mandatory for each
SMPWG.
:95S::ALTE//CHTY/GB/123
•
Used in Milan to report the tax id in case of
taxbreakdown for an omnibus account (ref our
document Market specific requirements)
95a
M/O
95a
M
ALTE
alternative ID to identify the
charity ID
97A
M
SAFE
Account
In option A:
‰
•
Qualifier SAFE
followed by // and the
Safekeeping a/c holding
securities. Account
number is on 21
characters for long form
or from 5 to 11
characters for short form.
98a
20C
O
O
PROC
PROC
Date/time
Processing reference
Information not required
In option C
:20C::PROC/xxxxxxxxxxx
Qualifier PROC followed by //16x
Used in London for on-exchange activity, in order
to identify the client market link
70a
O
PACO
Qualifier PACO followed by //30x :70C::PACO/xxxxxxxxxxx
:70C::PACO/CVS/XXX/X/XXX
Used in London for on-exchange activity
Used in Milan for CVS regulatory reporting
70a
O
DECL
Party Contact Narrative (a
reference for the delivering
agent's client)
Party Contact Narrative (a
reference for the delivering
agent's client)
In option E
Qualifier DECL followed by //
and //6*30x
:70E::DECL//XXXXXXXX
Used in London for on-exchange activity to identify
selling/buying hidden client ID
16S
M
SETPRTY
End and name of the block
Qualifier SETPRTY
:16S:SETPRTY
This field is mandatory for
internal trades; optional but
highly recommended for external
trades.
•
Option P : BUYR followed
by Bic code of the
counterparty’s client or
•
Option Q: BUYR followed by
name of counterparty’s client.
This option is NOT processed
STP.
Option S:
•
ALTE followed by
//CHTY/2!a/30x
Amsterdam :97A::SAFE//11
c
or
:97A::SAFE//21!c
Netherland only : it is a market requirement to have
the account number of the client of the counterparty
London: Safe keeping account of the client of the
counterpart or
Safekeeping account of the client of the client of
counterpart.
Milan : regarding transactions with a counterparty
using BP2S Milan as local agent, the safekeeping
account of your counterparty must be quoted if
known
38/122
The following subsequence is optional for SWIFT but is highly recommended by the SWIFT Market Practice Groups, therefore we would like to receive it.
16R
95a
M
M
SETPRTY Start and name of the block
PSET
Place of Settlement
Qualifier SETPRTY
Option P : PSET followed by BIC
code of Central Depository
:16R: SETPRTY
:95P::PSET//MOTIITMMXXX
:95P::PSET//SCLVESMM
16S
M
SETPRTY End and name of the block
Qualifier SETPRTY
:16S:SETPRTY
Milan: for cross border trades, in case of direct link
between CSDs, the BIC code of the foreign CSD
must be quoted (e.g Deutsche Boerse Clearing)
Milan :for instructions with Euroclear or
Clearstream that are using an Italian settlement
agent, MOTIITMMXXX must be quoted
( further details available in Market specific
requirements)
Repetitive Optional Sub-sequence E3 Amounts
This occurrence of the block is only included in this message if SDRT (stamp duty) is to be paid and the stampable consideration needs to be quoted.
16R
19A
O/M
O/M
AMT
DEAL
16S
O/M
AMT
Start and name of the block
Amount - stampable
consideration
End and Name of block
Qualifier AMT
:16R:AMT
Qualifier DEAL followed by
:19A::DEAL//GBP25000
//[N]3!a15d (currency and amount)
Qualifier AMT
:16S:AMT
End and name of the block
Qualifier SETDET
:16S:SETDET
Content
Example
Qualifier OTHRPRTY
Option P:
‰ Qualifier MERE followed by
:16R: OTHRPRTY
:95P::MERE//PARBFRPP
Used in London
End of sequence E
16S
M
SETDET
Repetitive Optional Sequence F Other Parties
Field
16R
95a
Paribas Qualifier
Field Definition
Status
M
OTHRPRTY Start and name of the block
O
MERE
Party which is the final
destination of the message
Comments
39/122
95C
O/M
INVE
95P or
95R
M
EXCH
97A
70a
O
O
70E
O
70a
O
20C
O
16S
M
Narrative (it represents a
country code (ISO3166)
indicating the nationality of
the principal to trade
(required for certain UK
stocks)
Party - identifying the trade
place ID, required if quoting
a trade reference
Account
Narrative
DECL
Party Contact Narrative
BPSS BIC code. This field is
not STP criteria.
Qualifier INVE followed by //2!a
Where - 2!a = Country code
Qualifier EXCH// followed by the
trade place's BIC code (if field is
95P)
or
Qualifier EXCH/ followed by
8c/34x (if field is 95R)
Information not required
Information not required unless
you wish to cross off or register
securities.
Format should be:
Option C,D or E:
‰ Qualifier REGI followed by
//, Name and address of
beneficiary owner
In option E
Qualifier DECL followed by //
and //6*30x
:95C::INVE//2!a
Used in London to identify the nationality
declaration
:95P::EXCH/BIC Code
Used in London for on-exchange activity
:70D::REGI//
Name of final beneficiary
Address of final beneficiary
:70E::DECL//XXXXXXXX
Narrative.
PROC
Processing Reference (Trade
Reference)
OTHRPRTY End and name of block
Qualifier PROC followed by // and :20C::PROC//trade reference
16x trade reference
Qualifier OTHRPRTY
:16S:OTHRPRTY
Milan: will report the taxbreakdown of the omnibus
account ( ref. our document Market specific
requirements)
Depending upon branches
Used in London for on-exchange activity
40/122
MT 543 Deliver Against Payment
Sequence A : Mandatory General Information
Field
16R
20C
Paribas
Status
M
M
Qualifier
Field Definition
Content
Example
GENL
SEME
Start and name of the block
Sender’s Reference Number
:16R:GENL
:20C::SEME//16x
Function of the Message
Qualifier GENL
Qualifier SEME followed by //
and by your reference (max of 16
characters)
NEWM : to instruct a new
settlement transaction
CANC : to cancel a previous
instruction
Sub codewords possible are :
CODU : Copy Duplicate
COPY : Copy.
DUPL : Duplicate
Information not required
Qualifier SETT is required in
case of trades linkage
Qualifier TOSE is required in
case of trades linkages or pool
23G
M
NEWM
or
CANC
98a
99B
O
O
PREP
SETT
99B
O
TOSE
Preparation date and time
Current settlement instruction
number
Number Count
Comment
:23G:NEWM
or
:23G:NEWM/DUPL
CODU, COPY and DUPL will be process as repairs.
:99B::SETT/001
Used in Euronext
:99B::TOSE//nnn (where nnn is
the total of linked instructions)
U in Euronext
41/122
Repetitive Optional Subsequence A1 : Linkages.
This subsequence is however mandatory for cancellation or linkage requests. It is not required in other cases.
If received no automatic process, instruction is in repair and processed manually.
London : this subsequence is mandatory in case of Stock Deposit Link
Field
16R
22F
Paribas
Status
M
O
13A
O
LINK
20C
M
PREV
or
POOL
or
RELA
16S
M
Qualifier
Field Definition
Content
Example
Comment
LINK
LINK
Start and name of the block
Not required for cancellation
Can be used for linkages.
WITH, mandatory in Madrid
for automated linkage
processing
Qualifier LINK
Qualifier LINK followed by
//AFTE , BEFO or WITH.
The instruction is to be
executed after, before or with
the linked instruction.
:16R:LINK
:22F::LINK//AFTE
:22F::LINK//WITH
Used and mandatory only in Madrid to automate
trades linkage proccessing
Number Id of the MT of the
linked transaction
Reference of instruction which
is linked to current instruction.
Information not required
LINK
:20C:: PREV//16x
End and name of the block
Qualifier PREV is mandatory
for linkage and cancellation
request. It specifies the
reference of the linked message
previously sent or reference of
the instruction to cancel.
Qualifier POOL is mandatory
for block trades or pool
instructions.
Qualifier LINK
Field Definition
Content
Example
Start and name of the block
Qualifier LINK
Qualifier LINK followed by
//CRST//DPLK
or //CRST//SDRF
in case of Deposit Link with or
without stamp duty
:16R:LINK
:22F::LINK//CRST/DPLK
or :22F::LINK//CRST/SDRF
PREV is used in Athens and Euronext, POOL is used
in Euronext, RELA is used in Madrid for linked trades.
or
:20C::POOL//BLOCK123
or
:20C::RELA//16x
:16S:LINK
London only:
Field
16R
22F
Paribas
Status
M
M
Qualifier
LINK
LINK
Comment
Used and mandatory for London to indicate a Stock
Deposit Link : if without stamp duty, populate DPLK
and if with stamp duty, populate with SDRF
42/122
13A
O
LINK
20C
M
RELA
16S
M
LINK
Number Id of the MT of the
linked transaction
Reference of instruction which
is linked to current instruction.
Information not required
Qualifier RELA is mandatory
for specific case ( described in
beside columns
:20C::RELA//16x
End and name of the block
Qualifier LINK
:16S:LINK
End and name of the block
Qualifier GENL
RELA is used in London for Stock deposit details
- if previously field 22F has been populated
with :22F::LINK//CRST/DPLK, beside field RELA
must be followed by:
Expected settlement date and Stock Deposit Link Drop
number
- if previously field 22F has been populated
with :22F::LINK//CRST/SDRF, beside field RELA
must be followed by: Participant ID (5c) and
Transaction reference
End of Sequence A
16S
M
GENL
:16S:GENL
Sequence B : Mandatory Trade Details
Field
16R
94B
Status
M
O
Qualifier
TRADDET
TRAD
Field Definition
Start and name of the block
Place of Trade
Content
Example
Qualifier TRADDET
:16R:TRADDET
:94B::TRAD//EXCH//MTS
•
Qualifier TRAD followed
by //EXCH to indicate that
the place of trade is a stock
exchange or a regulated
market. When EXCH is
used, it must be followed by
Comments
43/122
98a
M
SETT
Date and time
98a
M
TRAD
Date and time
the Market Indicator Code
(MIC)
•
Qualifier TRAD followed
by //OTCO to indicate that
the trade was executed offmarket.
In option A:
•
Qualifier SETT followed
by // with settlement date at
which securities are to be
exchanged.
In option A: Qualifier TRAD
followed by // with trade date at
which the deal was agreed.
:98A::SETT//19990125
:98A::TRAD//19990125
:98C::TRAD//19990125154312
In option C
Qualifier TRAD followed by //
with trade date/time at which the
deal was agreed.
90a
O
DEAL
Deal Price
99A
O
DAAC
Number of Days Accrued
35B
M
Identification of Financial
Instrument
Qualifier DEAL followed by
:90A::DEAL//PRCT//15d
//PRCT to report a deal price
inpercentage form.
Qualifier DAAC followed by the :99A::DAAC//3!n
number of days accrued
The ISIN code + security
description
or non ISIN Identifier using ISO
2 digit country code followed by
the national numbering scheme
:35B:ISIN FR0000131104
BNP PARIBAS
or
:35B:/FR/13110
Milan: if the information is received, it will be stored
and re-used for the confirmation, but it will not be
processed.
Milan: if the information is received, it will be stored
and re-used for the confirmation, but it will not be
processed.
To be noted that if a local code is used, it is mandatory
to include the country code in the ISO 2 digits form.
Optional Subsequence B1 : Financial Instrument Attributes:
Field
16R
22F
22F
Status Qualifier
M
FIA
O
FORM
O/O
PAYS
Field Definition
Start and name of the block
Country of register
Traditional options
Content
FIA
Qualifier FORM followed by
/CRST/CR2!a (country code)
Qualifier PAYS followed by
/CRST/TO2!a
Example
Comments
:22F::FORM/CRST/CRGB
Used in London for on-exchange activity
:22F::PAYS/CRST/TO code
(Please contact our London
Used in London for on-exchange activity
44/122
12a
11A
98A
92A
13a
17B
90a
36B
70E
O
O
O
O
O
O
O
O
O
DENO
FIAN
Type of Financial Instrument
Currency of denomination
Date
Rate
Number ID
Flag
Price
Quantity of Financial Instrument
Narrative
office for the list of codes)
Information not required
Information not required
Information not required
Information not required
Information not required
Information not required
Information not required
Information not required
Qualifier FIAN followed by // and :70E::FIAN//REPO/5,00
Used by London only to identify REPO margin (e.g
5,00 for 5%) and stocklending margin STLD
- REPO/3n,2 for REPO margin
or
- STLD/n for stock lending margin
16S
M
FIA
End and name of the block
FIA
Priority indicator
Qualifier PRIR followed by// and :22F::PRIR//0001
End of subsequence B1
22F
O
PRIR
the priority number
22F
M
RPOR
Transaction Report Marker
Qualifier RPOR followed by//
Indicator
with a codeword of 4 characters
( this field indicates how the
(either: :
transaction should be reported to
a regulatory organisation)
•
CRST/TRMD
or
•
CRST/TRMT
or
•
CRST/TRMX
or
•
CRST/TRMY
or
•
CRST/TRMZ
or
•
/EXCH
or
•
TRRE
:22F::RPOR//EXCH
Used in London to indicate the exceution priority of
the instruction
Priority ranged from 0001(high) to 9999 (low)
Used in London with beside codes ( including CREST
ones)
or
:22F::RPOR//CREST/XXXX
45/122
22F
O
11A
25D
70E
O
O
O
PROC
SPRO
Processing Indicator (this field
indicates whether the inputting
participant is acting as an agent
or a principle role)
Currency
Status
Settlement Instruction
Processing Narrative
Qualifier PROC followed by/
:22F::PROC/CRST/AXXX
followed by CRST followed by/
with A (Agent) , P( Principal
Purchase) , N( Not applicable)
or S ( Principal Sale)
Information not required
Information not required
Qualifier SPRO followed by/ and / :70E::SPRO/RPRT
•
RPRT/ to instruct a
repo returns
•
AMND/ to instruct an
amendment of repo
return date or interest
rate
TTCO//2c to indicate
the bargain
conditions(RO, RP, PD,
FD, BL, BN )
/SECC/ to indicate a
stock lending return
STLD/ for surpress
information (SRVY or
SRVN)
Used in London
Used in London to informa about the repo return,
bargain conditions and surpress revaluation
or
•
•
•
•
16S
M
TRADDET
End and name of the block
Qualifier TRADDET
:16S:TRADDET
Sequence C: Repetitive Mandatory Financial Instrument/Account
Field
16R
36B
Status Qualifier
M
FIAC
M
SETT
Field Definition
Content
Start and name of the block
Qualifier FIAC
Quantity of Financial Instrument •
Qualifier SETT followed by
Example
:16R:FIAC
:36B::SETT//UNIT/1000,
Comments
46/122
19A
70D
13B
97A
97A
16S
O
O
O
M
O
M
SETT
DENC
CERT
SAFE
CASH
FIAC
Amount
Narrative
Number Identification
Account
Account
End and name of the block
//FAMT (face amount) or
//UNIT (number of shares)
Not required
Not required
Information not required
In option A:
•
Qualifier SAFE
followed by // and the
Safekeeping a/c holding
securities. Account
number is on 21
characters for long form
or from 5 to 11
characters for short form.
In option A:
•
Qualifier CASH followed by
// the cash account to indicate
if the cash account is different
from the default one.
The code word : FIAC
or
:36B::SETT//FAMT/10000000,
‰
‰
‰
‰
Euronext :97A::SAFE//11c
or
:97A::SAFE//21!c
Branches
:97A::SAFE//accountnr
Euronext :97A::CASH//11c
or
:97A::CASH//21!c
Branches
:97A::CASH// accountnr
Euronext : this information will be ignored in
France while it will be processed STP in the
branches.
Except in Paris : only the account number will be
processed STP.
:16S:FIAC
Sequence D: Optional : Repo Details. This section is mandatory for repos transactions.
For more details please refer to the Market specificationsdocument.
Sequence E : Mandatory Settlement Details
Field
16R
22F
Status Qualifier
M
SETDET
O
STCO
Field Definition
Start and name of the block
Indicator (indicates to regulators
the type of trade (average price
deal,..)
Content
Qualifier SETDET
Qualifier STCO followed by
/CRST followed by / TI2!c
where: TI - Transaction
Information; 2c!-indicates a free
Example
:16R:SETDET
:22F::STCO/CRST/TIXX
Comments
Used in London for on-exchange activity
Sundry Transaction information
47/122
22F
O
STCO
Indicator ( flag indicating that
this transaction will never settle
in CREST, defaults to N when
this field is applicable)
22F
O
STCO
Indicator
22F
O
MACL
Party Capacity Indicator (shows
whether the transaction is
market or client side)
Party Capacity Indicator (shows
whether the transaction is
market or client side)
22F
O
STCO
22F
M
SETR
Indicator
22F
O
TRCA
Indicator ( shows whether a
participant is acting in agent or
principal capacity )
22F
O
STAM
22F
O
RTGS
format field
Qualifier STCO followed by
/CRST followed by /NCC1!a
Where: NCC- NC Condition; !1a Y or N.
(Should only be used if trade is not
to settle in CREST ('Y')
Qualifier STCO followed by:
//SPDL or
//PHYS or
/CRST/CLO!a or
//RPTO
Qualifier MACL followed by
•
//CLNT, for client side
//MAKT for market side
Qualifier STCO followed by
/CRST followed by /MCI1!a
Where: MCI - Market Client
Indicator; 1!a is C ( client ) or
M( Market)
•
Qualifier SETR followed by
//REPU in case of a
repurchase transaction or
//TRAD in case of a trade or
//SECL for stock lending
open and return.
:22F::STCO/CRST/NCCY
Used in London for on-exchange activity
NC Condition. Should only be used if trade is not to
settle in CREST ('Y')
:22F::STCO//SPDL
or
:22F::STCO//PHY
or
:22F::STCO/CRST/CLO
:22F::MACL//CLNT
Special Delivery, New deposit link
Physical securities, Residual indicator
Counter location
RPTO (Reporting): relates to a transaction that is
for reporting purposes only.
Used in London for on-exchange activity
:22F::STCO/CRST/MCIC
Used in London for on-exchange activity
:22F::SETR//REPU
or
:22F::SETR//TRAD
Belgium: NBB uses this field to report the
transaction types. This will replicate the current
ATXN BOC code reporting in Tag 72.
:22F::SETR/PARB/XXXX (XXXX being the same
BOC codes as the one used in tag 72 in current
format)
The usage of REPO is specific to Paris.
SECL used in London for stock lending open
(REPU) Used in London for REPO activity
Used in London for on-exchange activity
Dealing capacity
Qualifier TRCA followed by //
:22F::TRCA//SAGE
and 4!c. Where 4!c = SAGE - if
settling as an Agent or = SPRI - if
settling as a Principal
Stamp Duty Indicator (this field Qualifier STAM followed by
:22F::STAM/CRST/xxxx
indicates the stamp duty
/CRST/ and codewords to be
information needed by BNP
determined by BNP Paribas (
Paribas to fulfil the stamp flag in (see list in our separate 'All Market
CREST).
specifications' document )
Indicator
•
Qualifier RTGS followed by :22F:: RTGS//YRTG (for the
//YRTG (for the french
french RTGS system)
Used in London
Used in London for transaction stamp status
The usage of this field is specific to Paris activity.
48/122
22F
O
REGT
Indicator
•
22F
M
BLOC
Block trade indicator
•
RTGS system) or //NRTG
(for the french non-RTGS
system).
This field specifies if the
transaction has to settle in an
RTGS system or not. If not
present, default option is
applied.
Qualifier REGT followed by
//YRTG or //NRTG.
In addition beneficiary
information requested in the
settlement chain.
Qualifier BLOC foolowed by
//BLPA or BLCH indicating
if the transaction is a parent or
a child
:22F:: RTGS//NRTG (for the
french non-RTGS system)
:22F::REGT//YRTG
:22F::REGT//NRTG
The usage of this field is specific to Paris activity.
:22F::BLOC//BLPA or
:22F::BLOC//BLCH
Used in Euronext markets
Repetitive Mandatory Subsequence E1 Settlement Parties.
The presence of the full settlement chain is highly recommended. The client of the counterparty is a mandatory information.
It is mandatory for BNP Paribas Securities Services to have at least the 2 previous elements of the settlement chain (Receiving Agent REAG and the buyer BUYR). However if
other parts of the settlement chain are provided they will be processed (or RECU (if 3 levels) or REIn (if n+3 levels) for example [BUYR+REAG+RECU+REIn+…]).
A special format is required by Milan for guaranteed and non guaranteed on -exchange trades ( please refer to the document Market specific requirements")
16R
95a
M
M
SETPRTY
REAG
20C
O
PROC
Start and name of the block
Receiving agent Party
Processing reference
Qualifier SETPRTY
•
Option P : REAG followed
by Bic code of the
counterparty or
•
Option Q: REAG followed
by name of counterpaty. This
option is NOT processed
STP.
•
Option R: DEAG followed by
Sicovam code with format
SICVnnn (max 12 digits).
In option C
Qualifier PROC followed by //16x
:16R: SETPRTY
:95P::REAG//PARBFRPP
or
:95Q::REAG//Paribas Paris
or
:95R::REAG/SICV/030
:20C::PROC/xxxxxxxxxxx
Milan: we recommend to use the BIC code whenever
possible
Used in London for on-exchange activity, in order
to identify the party reference
49/122
70a
O
DECL
Party Contact Narrative (a
reference for the delivering
agent's client)
End and name of the block
16S
M
SETPRTY
16R
95a
M
M/O
95S
M
ALTE
Charity Identifier of the
underlying client for whom
stamp exemption is claimed
97A
M
SAFE
Account
98a
20C
20C
O
O
O
PROC
PROC
PROC
Date/time
Reference
Processing reference
Information not required
Information not required
In option C
:20C::PROC/xxxxxxxxxxx
Qualifier PROC followed by //16x
Used in London for on-exchange activity, in order
to identify the client market link
70a
O
PACO
Party Contact Narrative (a
Qualifier PACO followed by //30x :70C::PACO/xxxxxxxxxxx
Used in London for on-exchange activity
SETPRTY Start and name of the block
BUYR
BUYRer
(if 2 levels)
In option E
Qualifier DECL followed by
//6*30x
Qualifier SETPRTY
Qualifier SETPRTY
This field is mandatory for
internal trades; optional but
highly recommended for external
trades.
•
Option P : BUYR followed
by Bic code of the
counterparty’s client or
•
Option Q: BUYR followed by
name of counterparty’s client.
This option is NOT processed
STP.
Qualifier ALTE followed by
/CRST followed by /CHTY
followed by
/2!a followed by /30x. Where
2a=GBorI E AND 30x= Charity
ID
In option A:
•
Qualifier SAFE
followed by // and the
Safekeeping a/c holding
securities. Account
number is on 21
characters for long form
or from 5 to 11
characters for short form.
:70E::DECL//xxxxxxxxxxx
Used in London for on-exchange activity, in order
to identify shared note
:16S:SETPRTY
:16R : SETPRTY
95P::BUYR//Buyer Bic Code
or
:95Q:: BUYR //Buyer Name
Only Option P will be process STP
The population of this field is mandatory for each
SMPWG.
:95S::ALTE/CRST/CHTY/GB/xx
Used in London
Used in Milan to report the tax id in case of
taxbreakdown for an omnibus account (ref our
document Market specific requirements)
‰
Netherland only : it is a market requirement to have
the account number of the client of the counterparty
London: Safekeeping account of the client of the
counterpart or
Safekeeping account of the client of counterpart.
Milan : regarding transactions with a counterparty
using BP2S Milan as local agent, the safekeeping
account of your counterparty must be quoted if
known
Amsterdam :97A::SAFE//11
c
or
:97A::SAFE//21!c
50/122
70a
O
DECL
16S
M
SETPRTY
reference for the delivering
agent's client)
Party Contact Narrative (a
reference for the delivering
agent's client)
End and name of the block
In option E
Qualifier DECL followed by //
and //6*30x
Qualifier SETPRTY
:70C::PACO/CVS/XXX/X/XXX
Used in Milan for CVS regulatory reporting
:70E::DECL//XXXXXXXX
Used in London for on-exchange activity, in order
to identify selling/uying hidden client ID e
:16S:SETPRTY
.
The following subsequence is optional for SWIFT but is highly recommended by the SWIFT Market Practice Groups, therefore we would like to receive it.
16R
95a
M
M
SETPRTY Start and name of the block
PSET
Place of Settlement
Qualifier SETPRTY
Option P : PSET followed by BIC
code of Central Depository
:16R: SETPRTY
:95P::PSET//MOTIITMMXXX
:95P::PSET//SCLVESMM
16S
M
SETPRTY End and name of the block
Qualifier SETPRTY
:16S:SETPRTY
Qualifier AMT
•
Qualifier SETT followed by
// and currency and amount
Information not required
Information not required
Qualifier AMT
:16R: AMT
:19A::SETT//EUR5000000,
Milan: for cross border trades, in case of direct link
between CSDs, the BIC code of the foreign CSD
must be quoted (e.g Deutsche Boerse Clearing)
Milan :for instructions with Euroclear or
Clearstream that are using an Italian settlement
agent, MOTIITMMXXX must be quoted
( further details available in Market specific
requirements)
Repetitive Mandatory Subsequence E3 Amounts.
16R
19A
M
M
AMT
SETT
Start and name of the block
Amount
98a
92B
16S
O
O
M
VALU
EXCH
AMT
Value date and time
Rate
End and name of block
:16S:AMT
Repetitive Mandatory Subsequence E3 Amounts.(London only)
This occurrence of the block is only included in this message if SDRT (stamp duty) is to be paid and the stampable consideration needs to be quoted.
16R
M
AMT
Start and name of the block
Qualifier AMT
:16R: AMT
51/122
19A
M
DEAL
16S
M
AMT
•
Amount - stampable
consideration
End and name of block
Qualifier DEAL followed by
// and currency and amount
Qualifier AMT
:16S:AMT
End and name of the block
Qualifier SETDET
:16S:SETDET
Content
Example
Qualifier OTHRPRTY
Option P:
‰ Qualifier MERE followed by
BPSS BIC code. This field is
not STP criteria.
Qualifier INVE followed by //2!a
Where - 2!a = Country Code
:16R: OTHRPRTY
:95P::MERE//PARBFRPP
:95C::INVE//2!a
Used in London to identify the nationality
declaration
Qualifier EXCH// followed by the
trade place's BIC code (if field is
95P)
or
Qualifier EXCH/ followed by
8c/34x (if field is 95R)
Information not required
Information not required unless
you wish to cross off or register
securities.
Format should be:
Option C,D or E:
:95P::EXCH/BIC Code
Used in London for on-exchange activity
:19A::DEAL//GBP5000000,
Used in London
End of sequence E
16S
M
SETDET
Repetitive Optional Sequence F Other Parties
Field
16R
95a
Paribas Qualifier
Field Definition
Status
M
OTHRPRTY Start and name of the block
O
MERE
Party which is the final
destination of the message
95C
O/M
INVE
95P or
95R
M
EXCH
97A
70a
O
O
Narrative (it represents a
country code (ISO3166)
indicating the nationality of
the principal to trade
(required for certain UK
Stocks)
Party - identifying the trade
place ID, required if quoting
a trade reference
Account
Narrative
Comments
:70D::REGI//
Name of final beneficiary
Address of final beneficiary
52/122
‰
70a
O
70E
O
DECL
20C
O
PROC
16S
M
Qualifier REGI followed by
//, Name and address of
beneficiary owner
Narrative.
Party Contact Narrative
Processing Reference (Trade
Reference)
OTHRPRTY End and name of block
Depending upon branches
In option E
:70E::DECL//XXXXXXXX
Qualifier DECL followed by //
and //6*30x
Qualifier PROC followed by // and :20C::PROC//trade reference
16x trade reference
Qualifier OTHRPRTY
:16S:OTHRPRTY
Milan: will report the taxbreakdown of the omnibus
account ( ref. our document Market specific
requirements)
Used in London for on-exchange activity
53/122
Booklet for New SWIFT 54X Confirmation Messages
• MT 544 Receive Free Confirmation
• MT 545 Receive Against Payment Confirmation
• MT 546 Deliver Free Confirmation
• MT 547 Deliver Against Payment Confirmation
MT544 Receive Free of Payment Confirmation
Sequence A : Mandatory General Information
Field
16R
20C
Paribas
Status
M
M
Qualifier
Field Definition
Content
Example
GENL
SEME
Start and name of the block
Sender’s Reference Number
:16R:GENL
:20C::SEME//16x
Function of the Message
Qualifier GENL
Qualifier SEME followed by //
Paribas Reference
NEWM : to confirm a new
settlement transaction
Information not transmitted
Qualifier PARS (Partial
Settlement Indicator) followed by
//PAIN (Partial Settlement) or
//PARC (Previously Partially
23G
M
NEWM
98a
22F
O
O
PREP
PARS
Preparation date and time
Partial Settlement Indicator
In ABSC Reference will be made of the order number
+ instruction number.
:23G:NEWM
:22F:PARS//PAIN
Confirmed)
PARC is used only in the Euronext Markets and in
Frankfurt and Milan
Milan: PARC reports the settlement of the last leg of
partial or shaped trades
London: PAIN is always reported for DBV-related
transaction : TDO, DBV, TDR, DBR, TDI, TDM,
TDG, TDE, TDS, TDA
Repetitive Mandatory Subsequence A1 : Linkages.
Field
16R
22F
13A
Paribas
Status
M
O
O
20C
M
Qualifier
LINK
LINK
LINK
RELA
Field Definition
Content
Example
Start and name of the block
Linkage type indicator
Number Id of the MT of the
linked transaction
Reference of your instruction
Qualifier LINK
Information not transmitted
Information not transmitted
:16R:LINK
Reference of MT54x
If not available, RELA to be
followed by NONREF
Qualifier RELA followed by //
and the client’s reference of
the MT54I/Fax
Format: 16x
:20C::RELA//16x
or
:20C::RELA//NONREF
or
:20C::RELA//123456789
NONREF is populated by Milan, Madrid,Athens,
Zürich, Francfort
London :
Reference of the client instruction
For a Unit Trust redemption/subscription order
executed by BNP Paribas Luxemburg (FDS), the client
reference of the original order will be quoted
For a transformation the original client reference of the
transformed transaction will be reported in RELA
55/122
For a split in CREST the original client reference of
the split transaction will be reported in RELA
For centrally generated transactions the following
rules will be applied:
- Self-collateralising REPO (SCR) or Direct Input: the
CREST ID of the transaction is reported in tag RELA,
- Stock Loan Return (SLR): the client reference of the
loan opening is reported or the client reference of the
loan closure (for a delivery and if the client has
instructed the return with the proper SWIFT format),
- Stock Loan Revaluation (SLD): the CREST ID of the
open Stock Loan Return (SLR) is reported,
- REPO Return (RPR): the client reference of the
REPO opening instruction,
- DBV collateral movements or interest: the client
reference of the original DBV instruction is reported.
16S
16R
20C
M
M
M
LINK
LINK
COMM
End and name of the block
Qualifier LINK
Start and name of the block
Qualifier LINK
Reference of the market
Reference for external trade
reference // Common reference
:16S:LINK
:16R:LINK
:20C::COMM//16x
:20C::COMM//TMQ0498521
Milan: mandatory information to report the market
reference provided by the local CSD
London :
CREST ID reference assigned to the transaction
For instructions not settling in CREST (e.g. Physicals)
this tag will not be reported
This is an optional reporting: the client has to request
it to be set up in BNP Paribas London's system.
16S
16R
20C
M
M
O
LINK
LINK
CORP
End and name of the block
Start and name of the block
Corporate Action reference
Qualifier LINK
Qualifier LINK
BNP Paribas London
Corporate Action reference
Format: 16x
:16S:LINK
:16R:LINK
:20C::CORP//10042052
16S
M
LINK
End and name of the block
Qualifier LINK
:16S:LINK
16S
M
LINK
End and name of the block
Qualifier LINK
:16S:LINK
Reference used to identify the reorganisation event
which resulted in the transformation of an open
instruction - This is the same reference as reported in
the MT564 notification messages (tag 20C::CORP)
56/122
End of Sequence A
16S
M
GENL
End and name of the block
Qualifier GENL
:16S:GENL
Content
Qualifier TRADDET
Qualifier CLEA followed by //
and the bic code of the clearing
counterparty
Qualifier TRAD followed by
• //EXCH to indicate that the
place of trade is a stock
exchange or a regulated
market. When EXCH is
used, it must be followed by
the Market Indicator Code
(MIC)
or
•
//OTCO to indicate that the
trade was executed offmarket.
or
•
//VARI to indicate that the
trade was executed on
various places of trading
Example
:16R:TRADDET
:94H::CLEA//BICCODE
In option A:
•
Qualifier ESET : Effective
settlement date
In option A:
•
Qualifier TRAD followed
by // with trade date at
which the deal was agreed.
In option C
:98A::ESET//19990125
Sequence B : Mandatory Trade Details
Field
16R
94H
Status
M
O
Qualifier
TRADDET
CLEA
Field Definition
Start and name of the block
Place of Clearing
94B
O
TRAD
Place of Trade
98A
M
ESET
Date
98a
M
TRAD
Date and time
:94B::TRAD//EXCH/XLON
:94B::TRAD//VARI
:98A::TRAD//19990125
Comments
London : Added in SR2010:
This tag is only reported if present in the client's
MT54I
London: VARI Added in SR2010:
This code is only reported if present in the client's
MT54I
London: The option depends on what was quoted on
the client's original MT54I
:98C::TRAD//19990125154312
57/122
•
90a
O
DEAL
Deal Price
99A
O
DAAC
Number of Days Accrued
35B
M
22F
O
TRCA
Indicator for execution place
70E
O
SPRO
Settlement Instruction
Processing Narrative
Identification of Financial
Instrument
Qualifier TRAD followed
by // with trade date/time at
which the deal was agreed.
Option B:
:90B::DEAL//ACTU/10,52
• Qualifier DEAL followed
by //ACTU and the
deal price
Information not transmitted
:99A::DAAC//98
London, Milan: if the information is received in the
original instruction, it will be re-sent in the
confirmation.
Qualifier SPRO followed by ///
and one of the following codes:
• TDO/
• DBV/
• TDR/
• DBR/
• TDI/
• DBI/
• TDM/
• TDA/
• TDG/
• TDE/
• TDS/
London: Used for DBV reporting to qualify each stock
or cash movement:
Milan: if the information is received in the original
instruction, it will be re-sent in the confirmation.
Not reported in London
The ISIN code + security
:35B:ISIN FR0000131104
If a local is used, the specification of the country code
description or non ISIN
BNP PARIBAS
with the 2 digits ISO form is mandatory.
Identifier using ISO 2 digit
or
London: For cash-only transactions (e.g. stock loan
country code followed by the
:35B:/FR/13110
revaluation, DBV interest, cash transformation,...)
national numbering scheme
or
BNP Paribas London will report:
:35B:ISIN GB00B16GWD56
ISIN XXCASH000001
Vodafone Group Plc Ordinary CASH ONLY TRADE
Shares
Qualifier TRCA followed by:
Used in Athens and Frankfurt
Not reported in London
•
//RMKT, Regulated Market
•
//MLTF, Multi lateral
trading facility
•
//SINT, systematic
internaliser
:70E::SPRO///TDO/
TDO: Term DBV Opening Leg
DBV: Overnight DBV Opening Leg
TDR: Term DBV return
DBR: Overnight DBV return
TDI: Term DBV Interest
DBI: Overnight DBV Interest
TDM: Term DBV Mark-to-Market
TDG: Term DBV Giver Recall Substitution
TDE: Term DBV Automated Eligibility Substitution
TDS: Term DBV Manual Substitution
TDA: Term DBV Adjustment
58/122
16S
M
TRADDET
End of Transaction Details
Sequence
Qualifier TRADDET
:16S:TRADDET
Sequence C : Repetitive Mandatory Financial Instrument/Account
Field
16R
36B
Status Qualifier
M
FIAC
M
ESTT
Field Definition
Content
Start and name of the block
Qualifier FIAC
Quantity of Financial Instrument •
Qualifier ESTT followed by
Settled
// FAMT (face amount) or
//UNIT (number of shares)
•
36B
O
RSTT
19A
70D
13B
97A
O
O
O
M
SETT
DENC
CERT
SAFE
Amount
Narrative
Number Identification
Safekeeping Account
97A
O
CASH
Cash Account
16S
M
FIAC
End and name of the block
Example
:16R:FIAC
: 36B::ESTT//FAMT/10000000,
or
:36B::ESTT//UNIT/1000,
:36B::RSTT//FAMT/100
or
:36B::RSTT//UNIT/100
Information not transmitted
Information not transmitted
Information not transmitted
In option A:
‰ Paris
:97A::SAFE//11c
•
Qualifier SAFE
or
followed by // and the
:97A::SAFE//21!c
Safekeeping a/c holding
Branches
securities. Account
:97A::SAFE//Accountnr
number is on 21
characters for long form
or from 5 to 11
characters for short form.
In option A:
:97A::CASH//1012345671
•
Qualifier CASH followed by
// and the client's cash account
at BNP Paribas London
The code word : FIAC
Comments
London: For cash-only transactions (e.g. stock loan
revaluation, DBV interest, cash transformation,...)
BNP Paribas London will report:
:36B::ESTT//UNIT/0,
The code word RSTT in used in the Euronext
markets in case of partial settlements to indicate the
rest quantity to be settled.
London: Reported in against payment confirmations
(i.e. MT545 and MT547)
:16S:FIAC
59/122
Sequence D: Optional : Repo Details
This sequence is not used in London in settlement confirmations
For more details please refer to the Market specific document.
Field Status Qualifier
Field Definition
Content
16R
M
REPO
Start and name of the block
Qualifier REPO
98a
M
TERM
Repurchase date/time
Option A:
‰ Qualifier TERM followed by
// and maturity date of the
repo or followed by //OPEN
if opening a repo.
22F
M
RERT
Indicator
Repurchase maturity rate type:
•
Qualifier RERT//FIXE when
repurchase rate is fixed
or
•
Qualifier RERT//VARI
when repurchase rate is
variable.
20C
O
SECO
Second Leg Reference
Not transmitted
92a
M
VASU
Rate of repo
Repurchase rate:
or
If fixed rate, then OptionA :
REPO
‰ Qualifier REPO followed by
// and rate
If variable rate, then Option A :
‰ Qualifier VASU followed by
//EONIA
92a
O
RSPR
Margin over or under an index
If variable rate not flat,
determining the repurchase rate Option A :
‰ Qualifier RSPR followed by
// and margin
99B
O
CADE
Repurchase call delay
CADE followed by number of
days notice. If non callable,
CADE//999.
19A
O
TRTE
'Termination Transaction
TRTE followed by termination
Amount
transaction amount
19A
O
FORF
Repo with forfeit amount
FORF followed by currency and
forfeit amount
70C
O
SECO
Repurchase narrative
Qualifier SECO followed by
//BSBK and the value
·
Y - buy/sell back yes
or
Example
:16R:REPO
:98A::TERM//YYYYMMDD
or
:98A::TERM//OPEN
:22F::RERT//FIXE
or
:22F::RERT//VARI
:92A::REPO//[N]nn,nnnn
or
:92C::VASU//EONIA
For a Term DBV qualifier TERM will be reported
on the settlement confirmation of a TDO, TDR or
TDA
This qualifier is not reported for a REPO trade in
London.
Not reported in London
Not reported in London
Not reported in London
:92A::RSPR//[N]nn,nnnn
Not reported in London
:99B::CADE//nnn
Not reported in London
19A:
19A::TRTE//
:TRTE//EUR177768156,67
EUR177768156,67 Used only in Paris, Brussels, Madrid and Athens
:19A::FORF//EURamount,
Not reported in London
:70C::SECO//BSBKY
Used in London to indicate the bus/sell back
Paris, Brussels : to report any narrative specific to a
repo
60/122
70C
16S
O
M
REPO
REPO
Repurchase Narrative
End and name of the block
·
N - buy/sell back no
Information not transmitted
Qualifier REPO
:16S:REPO
Sequence E : Mandatory Settlement Details
Field
16R
22F
Status Qualifier
M
SETDET
M
SETR
Field Definition
Start and name of the block
Indicator // Type of Settlement
Transaction Indicator
Content
Qualifier SETDET
•
Qualifier SETR followed by
//TRAD in case of a trade.
•
or //SECL, for stock lending
open and return, REPU for
repo, RVPO for reverse
•
repo, BSBK for buy-sell
back instruction and
SBBK for Sell-buy back
instruction
//OWNI
Example
:16R:SETDET
:22F::SETR//TRAD
:22F::SETR//REPU
or
:22F::SETR//RVPO
or
:22F::SETR//BSBK
or
:22F::SETR//SBBK
or
•
Comments
SECL used in for stock lending open
Repo and reverse repo only used in Paris, Brussels
Buy- sell back only used by Paria, Athens and
Brussels
Sell-buy back only used by Paris and Brussels
London: When trade type is SLO (stock lending
opening leg) or SLR (stock lending return leg):
ƒ SETR//SECL
It is also possible to report SECB for an SLO receipt
or an SLR delivery or to report SECL for an SLO
delivery or an SLR receipt: this has to be set up in
BNP Paribas London's system.
//OWNE
When trade type is OAT (own account transfer):
ƒ SETR//OWNI
For a Unit Trust Transfer In or Out:
ƒ SETR//OWNE
22F
O
STCO
Settlement Transaction
Condition Indicator
Qualifier STCO followed by:
•
//PHYS
•
or
•
//NOMC
•
or
•
//TRAN
:22F::STCO//PHYS
Lonndon:
PHYS: Only reported for Physical securities:
Residuals, or outside of CREST Physicals or Stock
Withdrawals or Stock Deposits
NOMC: No Automatic Market Claim _ if the
information is received in the original instruction, it
will be re-sent in the confirmation - Added in
61/122
22F
O
REGT
Registration Indicator
Qualifier REGT followed by:
•
//YREG
:22F::REGT//YREG
SR2010
TRAN: flag used to identify a transaction resulting
from a transformation
London: Only reported for Physical securities:
Residuals, or outside of CREST Physicals or Stock
Withdrawals or Stock Deposits
Repetitive Mandatory Subsequence E1 Settlement Parties.
The presence of the full settlement chain is highly recommended.
16R
95a
M
M
SETPRTY
REAG
Start and name of the block
Receiving agent Party
Qualifier SETPRTY
•
Option P : REAG
followed by Bic code of
the counterparty or
•
Option R : REAG
followed by the issuer
code and Paribas internal
code.
for Paris : REAG
followed by Sicovam
code with format
SICVnnn (max 12
digits).
:16R: SETPRTY
:95P::REAG//PARBFRPP
or
:95R::REAG/SICV/030
or
:95P::REAG//PARBGB2LXXX
or
:95R::REAG/CRST/5IKAV
or
:95Q::REAG//MARKS AND
SPENCER UNIT TRUST
BNP Paribas London always reports one qualifier
REAG and one qualifier DEAG in all settlement
confirmations; one of these qualifiers is an option P:
:95P::DEAG//PARBGB2LXXX is always reported
in MT546/547
:95P::REAG//PARBGB2LXXX is always reported
in MT544/545
Option R is used for a CREST transaction
Option Q is used for a Unit Trust
:95R::REAG/PARB/CCSS is reported for a Stock
Withdrawal
16S
M
SETPRTY
End and name of the block
Qualifier SETPRTY
:16S:SETPRTY
16R
95a
M
M
SETPRTY
DEAG
Start and name of the block
Delivering agent Party
Qualifier SETPRTY
•
Option P : DEAG
followed by Bic code of
the counterparty or
•
Option R : DEAG
followed by the issuer
code and Paribas internal
code
for Paris DEAG
followed by Sicovam
:16R: SETPRTY
:95P::DEAG//PARBFRPP
or
:95R::DEAG/SICV/030
or
:95P::DEAG//PARBGB2LXXX
or
:95R::DEAG/CRST/ELKAV
or
:95Q::DEAG//AURORA
BNP Paribas London always reports one qualifier
REAG and one qualifier DEAG in all settlement
confirmations; one of these qualifiers is an option P:
:95P::DEAG//PARBGB2LXXX
MT546/547
is
reported
in
:95P::REAG//PARBGB2LXXX
MT544/545
is
reported
in
62/122
16S
M
SETPRTY
End and name of the block
16R
M
95a
O
SETPRT Start and name of the
Y
block
BUYR or Buyer or Seller
SELL
code with format
SICVnnn (max 12
digits).
Option Q:
•
DEAG// followed by a
narrative
NOMINEES LIMITED
Qualifier SETPRTY
:16S:SETPRTY
Qualifier SETPRTY
•
•
Option Q : BUYR or
SELL followed name of
your account at Paribas
Option R : BUYR or
SELL followed by /the Data
Source Scheme
(DSS)/Account number
Option R is used for a CREST transactions
Option Q is used for a Unit Trust
:95R::DEAG/PARB/CCSS is reported for a Stock
Deposit
:16R: SETPRTY
:95Q::SELL//BICCODE1
or
:95Q::BUYR//6005
Standard settlement confirmation will report SELL
(if information received in the instruction)
London:
•
The client of counterpart, if only the client of
counterpart exists
•
otherwise the value UNKNOWN is reported
London:
BUYR is reported in MT546/547
SELL is reported in MT544/545
70D
O
REGI
16S
M
16R
M
95a
M
SETPRT
Y
SETPRT
Y
PSET
Registration details
Qualifier REGI followed by // and
the registration details as quoted in
the client's original MT54I
instruction
:70D::REGI//Mr Smith
55 Moorgate, 4th Floor, London
EC2R 6PA
End and name of the
block
Start and name of the
block
Place of Settlement
Qualifier SETPRTY
:16S:SETPRTY
Qualifier SETPRTY
:16R: SETPRTY
•
:95P::PSET//MOTIITMMXXX
:95P::PSET//SCLVESMM
•
Option P : PSET followed by
BIC code of Central
Depository
Option Q: PSET followed by:
Where no qualifier BUYR or SELL is quoted in the original
MT54I instruction, the settlement confirmation will quote:
:95Q::BUYR(or SELL)//UNKNOWN BENEFICIARY
or
:95Q::BUYR(or SELL)//Unknown
London: REGI is reported in the settlement confirmations of
Unit Trust transfers in/out as originally quoted on the client's
instruction
Two types of trades are settled in Frankfurt:
FKV trades (settled at Clearstream Frankfurt) ;
NCS trades (trades settled in a different depository).
63/122
RES for residual
PHYS for physical
16S
M
16R
M
95a
O
16S
M
16R
M
95a
M
16S
M
SETPRT
Y
SETPRT
Y
DECU or
RECU
End and name of the
block
Start and name of the
block
Deliverer or Receiver's
custodian
SETPRT
Y
SETPRT
Y
PSET
End and name of the
block
Start and name of the
block
Place of Settlement
SETPRT
Y
End and name of the
block
For FKV trades, 95P::PSET//DAKVDEFF.
For NCS trades, 95P::PSET//CEDELULL
Qualifier SETPRTY
:16S:SETPRTY
Qualifier SETPRTY
:16R:SETPRTY
Option Q:
:95Q::RECU//CITIHKHXXXX
• DECU or RECU followed by
// and a narrative as quoted in
the client's original MT54I
instruction (only the 1st line is
reported)
Qualifier SETPRTY
:16S:SETPRTY
Qualifier SETPRTY
:16R:SETPRTY
PSET followed by // and:
Option Q:
•
RES for Residuals
•
PHYS for Physicals
•
CRE for CREST
transactions, Stock
Withdrawals and Stock
Deposits
•
UTM for Unit Trust
•
UTC for a Unit Trust
settling in CREST (not
live yet)
:95Q::PSET//CRE
:95Q::PSET//PHYS
Qualifier SETPRTY
:16S:SETPRTY
End of sequence E
16S
M
SETDET
End and name of the block
Qualifier SETDET
:16S:SETDET
64/122
Repetitive Optional Subsequence E3 Amounts.
Field Paribas
Status
16R
M
19A
M
Qualifier
Field Definition
Content
Example
AMT
ESTT
Start and name of the block
Settled Amount
Qualifier AMT
:16R:AMT
Qualifier ESTT followed by // and :19A::ESTT//GBP5000000,
currency code and amount
16S
16R
19A
M
M
O
AMT
AMT
DEAL
End and name of block
Start and name of the block
Amount - stampable
consideration
Qualifier AMT
Qualifier AMT
Qualifier DEAL followed by
//[N]3!a15d (currency code and
amount)
:16S:AMT
:16R:AMT
:19A::DEAL//GBP25000,
16S
M
AMT
End and name of block
Qualifier AMT
:16S:AMT
Qualifier OTHRPRTY
Option Q:
‰ Qualifier MERE followed by
// and attention’s name.
:16R: OTHRPRTY
:95Q::MERE// name of contact or
department.
If the message is sent before
confirmation from SICOVAM or
Banque de France
See Specific Transactions
Document
Information not transmitted
See Specific Transactions
Document
See Specific Transactions
Document
Qualifier OTHRPRTY
Settled subject to confirmation
from Sicovam or BdF
Comments
This qualifier is only reported for against payment
settlement confirmations, i.e. MT545/547
This qualifier is only reported if the information is
received in the client's original instruction
Repetitive Optional Sequence F Other Parties
This sequence is not used in London and Milan
16R
95a
M
M
OTHRPRTY
MERE
Start and name of the block
Party
97A
70C
O
O
PACO
Account
Narrative
20C
O
PROC
Reference
16S
M
OTHRPRTY
End and name of block
:16S:OTHRPRTY
65/122
MT54K Settlement Confirmation
Sequence A: Mandatory General Information
Field
16R
20C
Paribas
Status
M
M
Qualifier
Field Definition
Content
Example
GENL
SEME
Start and name of the block
Sender’s Reference Number
:16R:GENL
:20C::SEME//1 ORD10623696321
Function of the Message
Qualifier GENL
Qualifier SEME followed by //
BNP Paribas London Reference
Format: 16x
NEWM to confirm a settlement
transaction
Qualifier PREP followed by date
and time of the generation of the
message.
Format:
YYYYMMDDHHMMSS
Qualifier
PARS
(Partial
Settlement Indicator) followed by
//PAIN (Partial Settlement)
or
//PARC (confirmation of the
remaining settlement)
23G
M
NEWM
98C
O
PREP
Preparation Date/time
22F
O
PARS
Partial Settlement Indicator
:23G:NEWM
:98C::PREP//20120610001005
:22F::PARS//PAIN
PAIN is always reported for DBV-related
transactions: TDO, DBV, TDR, DBR, TDI, DBI,
TDM, TDG, TDE, TDS, TDA
Repetitive Mandatory Subsequence A1: Linkages.
Field
16R
20C
Paribas
Status
M
M
Qualifier
LINK
RELA
Field Definition
Content
Example
Start and name of the block
Reference of your instruction
Qualifier LINK
:16R:LINK
Qualifier RELA followed by // :20C::RELA//123456789
and the client’s reference of
the MT54I/Fax
Format: 16x
Reference of the client instruction
For a Unit Trust redemption/subscription order
executed by BNP Paribas Luxemburg (FDS), the
client reference of the original order will be quoted
For a transformation the original client reference of
the transformed transaction will be reported in
RELA
For a split in CREST the original client reference of
the split transaction will be reported in RELA
66/122
Field
Paribas
Status
Qualifier
Field Definition
Content
Example
For centrally generated transactions the following
rules will be applied:
- Self-collateralising REPO (SCR) or Direct Input:
the CREST ID of the transaction is reported in tag
RELA,
- Stock Loan Return (SLR): the client reference of
the loan opening is reported or the client reference of
the loan closure (for a delivery and if the client has
instructed the return with the proper SWIFT format),
- Stock Loan Revaluation (SLD): the CREST ID of
the open Stock Loan Return (SLR) is reported,
- REPO Return (RPR): the client reference of the
REPO opening instruction,
- DBV collateral movements or interest: the client
reference of the original DBV instruction is reported.
16S
16R
20C
M
M
O
LINK
LINK
COMM
End and name of the block
Start and name of the block
Common reference
Qualifier LINK
Qualifier LINK
Qualifier COMM
Format: 16x
:16S:LINK
:16R:LINK
:20C::COMM//TMQ0498521
CREST ID reference assigned to the transaction
For instructions not settling in CREST (e.g.
Physicals) this tag will not be reported
This is an optional reporting: the client has to request
it to be set up in BNP Paribas London's system.
16S
16R
20C
M
M
O
LINK
LINK
CORP
End and name of the block
Start and name of the block
Corporate Action reference
Qualifier LINK
Qualifier LINK
BNP Paribas London
Corporate Action reference
Format: 16x
:16S:LINK
:16R:LINK
:20C::CORP//10042052
16S
M
LINK
End and name of the block
Qualifier LINK
:16S:LINK
16S
M
GENL
End and name of the block
Qualifier GENL
:16S:GENL
Content
Example
Reference used to identify the reorganisation event
which resulted in the transformation of an open
instruction - This is the same reference as reported in
the MT564 notification messages (tag 20C::CORP)
Sequence B: Mandatory Trade Details
Field
Paribas
Status
Qualifier
Field Definition
Comments
67/122
16R
94H
M
O
TRADDET
CLEA
Start and name of the block
Place of Clearing
Qualifier TRADDET
Qualifier CLEA followed by //
and the bic code of the clearing
counterparty
Qualifier TRAD followed by
• //EXCH to indicate that the
place of trade is a stock
exchange or a regulated
market. When EXCH is
used, it must be followed by
the Market Indicator Code
(MIC)
or
•
//OTCO to indicate that the
trade was executed offmarket.
or
•
//VARI to indicate that the
trade was executed on
various places of trading
:16R:TRADDET
:94H::CLEA//BICCODE
94B
O
TRAD
Place of Trade
98A
M
ESET
Effective Settlement Date
In option A:
:98A::ESET//20120125
•
Qualifier ESET : Effective
settlement date
98a
M
TRAD
Trade Date/Time
In option A:
:98A::TRAD//20120125
•
Qualifier TRAD followed :98C::TRAD//20120125093005
by // and trade date at which
the deal was agreed
In option C:
•
Qualifier TRAD followed
by // and trade date/time at
which the deal was agreed
The option depends on what was quoted on the client's
original MT54I
90a
O
DEAL
Deal Price
Option B:
:90B::DEAL//ACTU/10,52
• Qualifier DEAL followed
by //ACTU and the
deal price
If the information is received in the original
instruction, it will be re-sent in the confirmation.
99A
O
DAAC
Number of Days Accrued
:94B::TRAD//EXCH/XLON
:94B::TRAD//VARI
:99A::DAAC//98
Added in SR2010:
This tag is only reported if present in the client's
MT54I
VARI Added in SR2010:
This code is only reported if present in the client's
MT54I
Not reported in London
68/122
35B
M
22F
O
TRCA
Party Capacity Indicator
Qualifier TRCA followed by:
•
//RMKT, Regulated Market
•
//MLTF, Multi lateral
trading facility
•
//SINT, systematic
internaliser
70E
O
SPRO
Settlement Instruction
Processing Narrative
Qualifier SPRO followed by ///
and one of the following codes:
• TDO/
• DBV/
• TDR/
• DBR/
• TDI/
• DBI/
• TDM/
• TDA/
• TDG/
• TDE/
• TDS/
:70E::SPRO///TDO/
Qualifier TRADDET
:16S:TRADDET
16S
M
Identification
Instrument
TRADDET
of
Financial The ISIN
description
End of Transaction Details
Sequence
code
+
security :35B:ISIN GB00B16GWD56
For cash-only transactions (e.g. stock loan revaluation,
Vodafone Group Plc Ordinary DBV interest, cash transformation,...) BNP Paribas
Shares
London will report:
ISIN XXCASH000001
CASH ONLY TRADE
Not reported in London
Used for DBV reporting to qualify each stock or cash
movement:
TDO: Term DBV Opening Leg
DBV: Overnight DBV Opening Leg
TDR: Term DBV return
DBR: Overnight DBV return
TDI: Term DBV Interest
DBI: Overnight DBV Interest
TDM: Term DBV Mark-to-Market
TDG: Term DBV Giver Recall Substitution
TDE: Term DBV Automated Eligibility Substitution
TDS: Term DBV Manual Substitution
TDA: Term DBV Adjustment
Sequence C: Repetitive Mandatory Financial Instrument/Account
Field
16R
36B
Paribas
Status
M
M
Qualifier
FIAC
ESTT
Field Definition
Content
Example
Start and name of the block
Qualifier FIAC
:16R:FIAC
Quantity
of
Financial Qualifier ESTT followed by // : 36B::ESTT//FAMT/10000000,
Instrument Settled
FAMT (face amount)
or
or
:36B::ESTT//UNIT/1000,
//UNIT (number of shares)
Comments
For cash-only transactions (e.g. stock loan
revaluation, DBV interest, cash transformation,...)
BNP Paribas London will report:
:36B::ESTT//UNIT/0,
69/122
97A
M
SAFE
Safekeeping Account
In option A:
•
Qualifier SAFE followed by
// and the safekeeping a/c
holding securities at BNP
Paribas London
97A
O
CASH
Cash Account
In option A:
:97A::CASH//1012345671
•
Qualifier CASH followed by
// and the client's cash account
at BNP Paribas London
16S
M
FIAC
End and name of the block
Qualifier FIAC
:97A::SAFE//1234567
Reported in against payment confirmations (i.e.
MT545 and MT547)
:16S:FIAC
Sequence D: Optional Repo Details
Field
16R
98a
Status Qualifier
M
REPO
M
TERM
Field Definition
Start and name of the block
Repurchase date/time
22F
O
RERT
Indicator
22F
O
REPT
Indicator
Content
Example
Qualifier REPO
:16R:REPO
Option A:
:98A::TERM//20130126
‰ Qualifier TERM followed by
// and the return date of a
Term DBV
Format: YYYYMMDD
Repurchase maturity rate type:
•
Qualifier RERT//FIXE when
repurchase rate is fixed
or
•
Qualifier RERT//VARI when
repurchase rate is variable.
Repo indicator:
‰ Qualifier REPT//REPO in
case of a opening repurchase
transaction
Or
•
Qualifier REPT//REPC in
case of a closure repurchase
transaction.
For a Term DBV qualifier TERM will be reported
on the settlement confirmation of a TDO, TDR or
TDA
This qualifier is not reported for a REPO trade in
London.
:22F::RERT//FIXE
or
:22F::RERT//VARI
Not reported in London
:22F::REPT//REPO
or
:22F::REPT//REPC
Not reported in London
70/122
20C
O
SECO
Second Leg Reference
Not transmitted
Not reported in London
92a
O
VASU
or
REPO
Rate of repo
:92A::REPO//[N]nn,nnnn
or
:92C::VASU//EONIA
Not reported in London
92a
O
RSPR
Margin over or under an index
determining the repurchase rate
:92A::RSPR//[N]nn,nnnn
Not reported in London
99B
O
CADE
Repurchase call delay
:99B::CADE//nnn
Not reported in London
19A
O
FORF
Repo with forfeit amount
:19A::FORF//EURamount,
Not reported in London
70C
O
REPO
Repurchase Narrative
Repurchase rate:
If fixed rate, then OptionA :
‰ Qualifier REPO followed by
// and rate
If variable rate, then Option A :
‰ Qualifier VASU followed by
//EONIA
If variable rate not flat,
Option A :
‰ Qualifier RSPR followed by
// and margin
CADE followed by number of
days notice. If non callable,
CADE//999.
FORF followed by currency and
forfeit amount
Information not transmitted
16S
M
REPO
End and name of the block
Qualifier REPO
:16S:REPO
Content
Example
Not reported in London
Sequence E: Mandatory Settlement Details
Field
16R
22F
Paribas
Status
M
M
Qualifier
Field Definition
SETDET Start and name of the block
Qualifier SETDET
SETR
Type of Settlement Transaction Qualifier SETR (Type of
Indicator
Settlement Transaction) followed
by:
•
//TRAD
or
•
//SECL
or
•
//OWNI
or
•
//OWNE
:16R:SETDET
:22F::SETR//TRAD
Comments
When trade type is SLO (stock lending opening leg)
or SLR (stock lending return leg):
ƒ SETR//SECL
It is also possible to report SECB for an SLO receipt
or an SLR delivery or to report SECL for an SLO
delivery or an SLR receipt: this has to be set up in
BNP Paribas London's system.
When trade type is OAT (own account transfer):
ƒ SETR//OWNI
For a Unit Trust Transfer In or Out:
71/122
ƒ
22F
O
STCO
Settlement Transaction
Condition Indicator
Qualifier STCO followed by:
•
//PHYS
•
or
•
//NOMC
•
or
•
//TRAN
:22F::STCO//PHYS
SETR//OWNE
PHYS: Only reported for Physical securities:
Residuals, or outside of CREST Physicals or Stock
Withdrawals or Stock Deposits
NOMC: No Automatic Market Claim _ if the
information is received in the original instruction, it
will be re-sent in the confirmation - Added in
SR2010
TRAN: flag used to identify a transaction resulting
from a transformation
22F
O
REGT
Registration Indicator
Qualifier REGT followed by:
•
//YREG
:22F::REGT//YREG
Only reported for Physical securities: Residuals, or
outside of CREST Physicals or Stock Withdrawals
or Stock Deposits
Repetitive Mandatory Subsequence E1 Settlement Parties.
Field Paribas
Status
16R
M
95a
M
Qualifier
SETPRTY
REAG
Field Definition
Content
Example
Start and name of the block
Receiving agent Party
Qualifier SETPRTY
Option P:
•
REAG followed by Bic code
of the counterparty or
Option R:
•
REAG/CRST (or PARB)/
followed by a local code or
Option Q:
•
REAG// followed by a
narrative
:16R:SETPRTY
:95P::REAG//PARBGB2LXXX
or
:95R::REAG/CRST/5IKAV
or
:95Q::REAG//MARKS AND
SPENCER UNIT TRUST
Comments
BNP Paribas London always reports one qualifier
REAG and one qualifier DEAG in all settlement
confirmations; one of these qualifiers is an option P:
:95P::DEAG//PARBGB2LXXX is always reported in
MT546/547
:95P::REAG//PARBGB2LXXX is always reported in
MT544/545
Option R is used for a CREST transaction
Option Q is used for a Unit Trust
:95R::REAG/PARB/CCSS is reported for a Stock
Withdrawal
16S
M
SETPRTY
End and name of the block
Qualifier SETPRTY
:16S:SETPRTY
72/122
Field Paribas
Status
16R
M
95a
M
Qualifier
SETPRTY
DEAG
Field Definition
Content
Example
Start and name of the block
Delivering agent Party
Qualifier SETPRTY
Option P:
•
DEAG followed by Bic code
of the counterparty or
Option R:
•
DEAG/CRST (or PARB)/
followed by a local code or
Option Q:
•
DEAG// followed by a
narrative
:16R:SETPRTY
:95P::DEAG//PARBGB2LXXX
or
:95R::DEAG/CRST/ELKAV
or
:95Q::DEAG//AURORA
NOMINEES LIMITED
Comments
BNP Paribas London always reports one qualifier
REAG and one qualifier DEAG in all settlement
confirmations; one of these qualifiers is an option P:
:95P::DEAG//PARBGB2LXXX
MT546/547
is
reported
in
:95P::REAG//PARBGB2LXXX
MT544/545
is
reported
in
Option R is used for a CREST transactions
Option Q is used for a Unit Trust
:95R::DEAG/PARB/CCSS is reported for a Stock
Deposit
16S
16R
95a
M
M
O
SETPRTY
SETPRTY
BUYR
Or
SELL
70D
O
REGI
16S
16R
95a
M
M
O
SETPRTY
SETPRTY
DECU or
RECU
End and name of the block
Start and name of the block
Buyer or Seller
Qualifier SETPRTY
:16S:SETPRTY
Qualifier SETPRTY
:16R:SETPRTY
Option Q:
:95Q::BUYR//6005
•
BUYR or SELL followed by
// and the name of the
counterparty as quoted in the
client's
original
MT54I
instruction (only the 1st line is
reported)
Registration details
Qualifier REGI followed by // and :70D::REGI//Mr Smith
the registration details as quoted in 55 Moorgate, 4th Floor, London
the client's original MT54I
EC2R 6PA
instruction
End and name of the block
Start and name of the block
Deliverer or Receiver's
custodian
Qualifier SETPRTY
:16S:SETPRTY
Qualifier SETPRTY
:16R:SETPRTY
Option Q:
:95Q::RECU//CITIHKHXXXX
• DECU or RECU followed by
// and a narrative as quoted in
BUYR is reported in MT546/547
SELL is reported in MT544/545
Where no qualifier BUYR or SELL is quoted in the
original
MT54I
instruction,
the
settlement
confirmation will quote:
:95Q::BUYR(or SELL)//UNKNOWN BENEFICIARY
or
:95Q::BUYR(or SELL)//Unknown
REGI is reported in the settlement confirmations of
Unit Trust transfers in/out as originally quoted on the
client's instruction
73/122
Field Paribas
Status
Qualifier
Field Definition
Content
Example
Comments
the client's original MT54I
instruction (only the 1st line is
reported)
16S
16R
95a
M
M
M
SETPRTY
SETPRTY
PSET
End and name of the block
Start and name of the block
Place of Settlement
Qualifier SETPRTY
Qualifier SETPRTY
PSET followed by // and:
Option Q:
•
RES for Residuals
•
PHYS for Physicals
•
CRE for CREST
transactions, Stock
Withdrawals and Stock
Deposits
•
UTM for Unit Trust
•
UTC for a Unit Trust
settling in CREST (not
live yet)
:16S:SETPRTY
:16R:SETPRTY
:95Q::PSET//CRE
:95Q::PSET//PHYS
16S
M
SETPRTY
End and name of the block
Qualifier SETPRTY
:16S:SETPRTY
Field Definition
Content
Example
AMT
ESTT
Start and name of the block
Settled Amount
Qualifier AMT
:16R:AMT
Qualifier ESTT followed by // and :19A::ESTT//GBP5000000,
currency code and amount
Repetitive Optional Subsequence E3 Amounts.
Field Paribas
Status
16R
M
19A
M
Qualifier
16S
16R
19A
M
M
O
AMT
AMT
DEAL
End and name of block
Start and name of the block
Amount - stampable
consideration
Qualifier AMT
Qualifier AMT
Qualifier DEAL followed by
//[N]3!a15d (currency code and
amount)
:16S:AMT
:16R:AMT
:19A::DEAL//GBP25000,
16S
M
AMT
End and name of block
Qualifier AMT
:16S:AMT
Comments
This qualifier is only reported for against payment
settlement confirmations, i.e. MT545/547
This qualifier is only reported if the information is
received in the client's original instruction
74/122
16S
M
SETDET
End and name of the block
Qualifier SETDET
:16S:SETDET
Content
Example
Qualifier OTHRPRTY
Option Q:
‰ Qualifier MERE followed by
// and attention’s name
Format: 20x
or
Option P:
• Qualifier MERE followed by
// and BIC Code
:16R:OTHRPRTY
:95Q::MERE// name of contact or This information has to be set up/stored in our static
department.
data
Repetitive Optional Sequence F Other Parties
Field Paribas
Status
16R
M
95a
M
Qualifier
Field Definition
OTHRPRTY Start and name of the block
MERE
Recipient of message
Comments
97A
O
Account
Information not transmitted
Not reported in London
70a
O
Narrative.
Not reported in London
16S
M
Option E:
•
Qualifier DECL followed by
// and attention’s name.
•
Qualifier REGI followed by
// and attention’s name.
Qualifier OTHRPRTY
:16S:OTHRPRTY
OTHRPRTY End and name of block
75/122
MT545 Receive Against Payment Confirmation
Sequence A : Mandatory General Information
Field
16R
20C
Paribas
Status
M
M
Qualifier
Field Definition
Content
Example
GENL
SEME
Start and name of the block
Sender’s Reference Number
:16R:GENL
:20C::SEME//16x
Function of the Message
Qualifier GENL
Qualifier SEME followed by //
Paribas Reference
NEWM : to confirm a new
settlement transaction
Information not transmitted
Qualifier PARS (Partial
Settlement Indicator) followed by
//PAIN (Partial Settlement) or
//PARC (Previously Partially
23G
M
NEWM
98a
22F
O
O
PREP
PARS
Preparation date and time
Partial Settlement Indicator
In ABSC Reference will be made of the order number
+ instruction number.
:23G:NEWM
:22F:PARS//PAIN
Confirmed)
PARC is used only in the Euronext Markets and in
Frankfurt and Milan
Milan: PARC reports the settlement of the last leg of
partial or shaped trades
London: PAIN is always reported for DBV-related
transactions: TDO, DBV, TDR, DBR, TDI, DBI,
TDM, TDG, TDE, TDS, TDA
Repetitive Mandatory Subsequence A1 : Linkages.
Field
16R
22F
13A
Paribas
Status
M
O
O
20C
M
Qualifier
LINK
LINK
LINK
RELA
Field Definition
Content
Example
Start and name of the block
Linkage type indicator
Number Id of the MT of the
linked transaction
Reference of your instruction
Qualifier LINK
Information not transmitted
Information not transmitted
:16R:LINK
Reference of MT54x
If not available, RELA to be
followed by NONREF
:20C::RELA//16x
or
:20C::RELA//NONREF
NONREF is populated by Milan, Madrid,Athens,
Zürich, Francfort
Reference of the client instruction
London:
For a Unit Trust redemption/subscription order
executed by BNP Paribas Luxemburg (FDS), the client
reference of the original order will be quoted
For a transformation the original client reference of the
76/122
transformed transaction will be reported in RELA
For a split in CREST the original client reference of
the split transaction will be reported in RELA
For centrally generated transactions the following
rules will be applied:
- Self-collateralising REPO (SCR) or Direct Input: the
CREST ID of the transaction is reported in tag RELA,
- Stock Loan Return (SLR): the client reference of the
loan opening is reported or the client reference of the
loan closure (for a delivery and if the client has
instructed the return with the proper SWIFT format),
- Stock Loan Revaluation (SLD): the CREST ID of the
open Stock Loan Return (SLR) is reported,
- REPO Return (RPR): the client reference of the
REPO opening instruction,
- DBV collateral movements or interest: the client
reference of the original DBV instruction is reported.
16S
16R
20C
M
M
M
LINK
LINK
COMM
End and name of the block
Start and name of the block
Reference of the market
reference
Qualifier LINK
Qualifier LINK
Reference for external trade
:16S:LINK
:16R:LINK
:20C::COMM//16x
Milan: mandatory information to report the market
reference provided by the local CSD
London:
CREST ID reference assigned to the transaction.
For instructions not settling in CREST (e.g. Physicals)
this tag will not be reported.
This is an optional reporting: the client has to request
it to be set up in BNP Paribas London's system.
16S
16R
20C
M
M
O
LINK
LINK
CORP
End and name of the block
Start and name of the block
Corporate Action reference
Qualifier LINK
Qualifier LINK
BNP Paribas London Corporate
Action reference
Format: 16x
:16S:LINK
:16R:LINK
:20C::CORP//10042052
16S
M
LINK
End and name of the block
Qualifier LINK
:16S:LINK
London: Reference used to identify the reorganisation
event which resulted in the transformation of an open
instruction - This is the same reference as reported in
the MT564 notification messages (tag 20C::CORP)
End of Sequence A
77/122
16S
M
GENL
End and name of the block
Qualifier GENL
:16S:GENL
Content
Qualifier TRADDET
Qualifier CLEA followed by //
and the bic code of the clearing
counterparty
Qualifier TRAD followed by
• //EXCH to indicate that the
place of trade is a stock
exchange or a regulated
market. When EXCH is
used, it must be followed by
the Market Indicator Code
(MIC)
or
•
//OTCO to indicate that the
trade was executed offmarket.
or
•
//VARI to indicate that the
trade was executed on
various places of trading
Example
:16R:TRADDET
:94H::CLEA//BICCODE
In option A:
•
Qualifier ESET : Effective
settlement date
In option A:
•
Qualifier TRAD followed
by // with trade date/ at
which the deal was agreed.
In option C
Qualifier TRAD followed by //
with trade date/time at which the
deal was agreed.
Option B:
:98A::ESET//19990125
Sequence B : Mandatory Trade Details
Field
16R
94H
Status
M
O
Qualifier
TRADDET
CLEA
Field Definition
Start and name of the block
Place of Clearing
94B
O
TRAD
Place of Trade
98A
M
ESET
Date
98a
M
TRAD
Date and time
90a
O
DEAL
Deal Price
:94B::TRAD//EXCH/XLON
:94B::TRAD//VARI
Comments
Added in SR2010:
This tag is only reported if present in the client's
MT54I
London: VARI Added in SR2010:
This code is only reported if present in the client's
MT54I
:98A::TRAD//19990125
or
:98C::TRAD//19990125154312
The option depends on what was quoted on the client's
original MT541
:90B::DEAL//ACTU/10,52
Milan and London: if the information is received in
78/122
•
99A
O
35B
M
22F
O
70E
16S
O
M
DAAC
TRCA
SPRO
TRADDET
Number of Days Accrued
Qualifier DEAL followed
by //ACTU and the
deal price
Information not transmitted
Identification of Financial
Instrument
The ISIN code + security
description or non ISIN
Identifier using ISO 2 digit
country code followed by the
national numbering scheme
Indicator for execution place
TRCA//RMKT for 'Regulated
market'
TRCA//MLTF for 'Multi lateral
trading facility' or TRCA//SINT
for 'Systematic Internaliser
Qualifier SPRO followed by ///
and one of the following codes:
• TDO/
• DBV/
• TDR/
• DBR/
• TDI/
• DBI/
• TDM/
• TDA/
• TDG/
• TDE/
• TDS/
Settlement Instruction
Processing Narrative
End of Transaction Details
Sequence
Qualifier TRADDET
the original instruction, it will be re-sent in the
confirmation.
Milan: if the information is received in the original
instruction, it will be re-sent in the confirmation.
Not reported in London
:35B:ISIN FR0000131104
If a local is used, the specification of the country code
BNP PARIBAS
with the 2 digits ISO form is mandatory.
or
London:
:35B:/FR/13110
For cash-only transactions (e.g. stock loan revaluation,
or
DBV interest, cash transformation,...) BNP Paribas
:35B:ISIN GB00B16GWD56
London will report:
Vodafone Group Plc Ordinary ISIN XXCASH000001
Shares
CASH ONLY TRADE
Used in Athens and Frankfurt
Not reported in London
:70E::SPRO///TDO/
London:
Used for DBV reporting to qualify each stock or cash
movement:
TDO: Term DBV Opening Leg
DBV: Overnight DBV Opening Leg
TDR: Term DBV return
DBR: Overnight DBV return
TDI: Term DBV Interest
DBI: Overnight DBV Interest
TDM: Term DBV Mark-to-Market
TDG: Term DBV Giver Recall Substitution
TDE: Term DBV Automated Eligibility Substitution
TDS: Term DBV Manual Substitution
TDA: Term DBV Adjustment
:16S:TRADDET
Sequence C : Repetitive Mandatory Financial Instrument/Account
79/122
Field
16R
36B
Status Qualifier
M
FIAC
M
ESTT
Field Definition
Content
Start and name of the block
Qualifier FIAC
Quantity of Financial Instrument •
Qualifier ESTT followed by
Settled
// FAMT (face amount) or
//UNIT (number of shares)
19A
70D
13B
97A
O
O
O
M
SETT
DENC
CERT
SAFE
Amount
Narrative
Number Identification
Safekeeping Account
97A
M
CASH
Cash Account
16S
M
FIAC
End and name of the block
Example
:16R:FIAC
: 36B::ESTT//FAMT/10000000,
or
:36B::ESTT//UNIT/1000,
Information not transmitted
Information not transmitted
Information not transmitted
In option A:
‰ Paris
:97A::SAFE//11c
•
Qualifier SAFE
or
followed by // and the
:97A::SAFE//21!c
Safekeeping a/c holding
Branches
securities. Account
:97A::SAFE//Accountnr
number is on 21
characters for long form
or from 5 to 11
characters for short form.
In option A:
•
Qualifier CASH followed by
// the cash account to indicate
if the cash account is different
from the default one.
The code word : FIAC
:16S:FIAC
Comments
London: For cash-only transactions (e.g. stock loan
revaluation, DBV interest, cash transformation,...)
BNP Paribas London will report:
:36B::ESTT//UNIT/0,
London: Reported in against payment confirmations
(i.e. MT545 and MT547)
Sequence D: Optional : Repo Details
This sequence is not used in London for settlement confirmations
Field
16R
98a
Status Qualifier
M
REPO
M
TERM
Field Definition
Start and name of the block
Repurchase date/time
Content
Qualifier REPO
Option A:
‰ Qualifier TERM followed by
// and maturity date of the
repo or followed by //OPEN
if opening a repo.
‰ Qualifier TERM followed by
// and the return date of a
Term DBV
Example
:16R:REPO
:98A::TERM//YYYYMMDD
or
:98A::TERM//OPEN
For a Term DBV qualifier TERM will be reported
on the settlement confirmation of a TDO, TDR or
TDA
This qualifier is not reported for a REPO trade in
London.
80/122
Second leg repo's narrative
Format: YYYYMMDD
Repurchase maturity rate type:
•
Qualifier RERT//FIXE when
repurchase rate is fixed
or
•
Qualifier RERT//VARI
when repurchase rate is
variable.
Not transmitted
Repurchase rate:
If fixed rate, then OptionA :
‰ Qualifier REPO followed by
// and rate
If variable rate, then Option A :
‰ Qualifier VASU followed by
//EONIA
If variable rate not flat,
Option A :
‰ Qualifier RSPR followed by
// and margin
CADE followed by number of
days notice. If non callable,
CADE//999.
TRTE followed by termination
transaction amount
FORF followed by currency and
forfeit amount
Information transmitted
End and name of the block
Qualifier REPO
:16S:REPO
22F
M
RERT
Indicator
20C
92a
O
O
SECO
VASU
or
REPO
Second Leg Reference
Rate of repo
92a
O
RSPR
Margin over or under an index
determining the repurchase rate
99B
O
CADE
Repurchase call delay
O
TRTE
19A
O
FORF
'Termination Transaction
Amount
Repo with forfeit amount
70C
O
SECO
16S
M
REPO
19A
:22F::RERT//FIXE
or
:22F::RERT//VARI
:92A::REPO//[N]nn,nnnn
or
:92C::VASU//EONIA
Not reported in London
Not reported in London
Not reported in London
:92A::RSPR//[N]nn,nnnn
Not reported in London
:99B::CADE//nnn
Not reported in London
19A: :TRTE// EUR177768156,67
Used only in Paris, Brussels, Madrid and Athens
:19A::FORF//EURamount,
Not reported in London
:70C::SECO// free narrative
For Paris, Brussels
Not reported in London
81/122
Sequence E : Mandatory Settlement Details
Field
16R
22F
Status Qualifier
M
SETDET
M
SETR
Field Definition
Start and name of the block
Indicator
Content
Qualifier SETDET
‰ Qualifier SETR followed by
//TRAD in case of a trade.
‰ Qualifier SETR followed by
//REPU in case of opening or
closure repurchase transaction
‰ Qualifier SETR followed by
//SECL for stock lending
open and return
‰ Qualifier SETR followed by
Example
:16R:SETDET
:22F::SETR//TRAD
or
:22F::SETR//REPU
or
22F::SETR//SECL
Comments
SECL used in London for stock lending open
Repo and reverse repo only used in Paris, Brussels
Buy- sell back only used by Paria, Athens and
Brussels
Sell-buy back only used by Paris and Brussels
London: When trade type is SLO (stock lending
opening leg) or SLR (stock lending return leg):
RVPO for reverse repo,
BSBK for buy-sell back
instruction and SBBK for
Sell-buy back instruction
ƒ SETR//SECL
It is also possible to report SECB for an SLO receipt
or an SLR delivery or to report SECL for an SLO
delivery or an SLR receipt: this has to be set up in
BNP Paribas London's system.
Qualifier SETR followed by:
‰ //OWNI
or
‰ //OWNE
When trade type is OAT (own account transfer):
ƒ SETR//OWNI
For a Unit Trust Transfer In or Out:
ƒ SETR//OWNE
22F
O
STCO
Settlement Transaction
Condition Indicator
Qualifier STCO followed by:
•
//PHYS
•
or
•
//NOMC
•
or
•
//TRAN
:22F::STCO//PHYS
PHYS: Only reported for Physical securities:
Residuals, or outside of CREST Physicals or Stock
Withdrawals or Stock Deposits
NOMC: No Automatic Market Claim _ if the
information is received in the original instruction, it
will be re-sent in the confirmation - Added in
SR2010
TRAN: flag used to identify a transaction resulting
from a transformation
22F
O
REGT
Registration Indicator
Qualifier REGT followed by:
:22F::REGT//YREG
Only reported for Physical securities: Residuals, or
82/122
•
outside of CREST Physicals or Stock Withdrawals
or Stock Deposits
//YREG
Repetitive Mandatory Subsequence E1 Settlement Parties.
The presence of the full settlement chain is highly recommended.
16R
95a
M
M
SETPRTY
REAG
Start and name of the block
Receiving agent Party
Qualifier SETPRTY
•
Option P : REAG
followed by Bic code of
the counterparty or
•
Option R : REAG
followed by the issuer
code and Paribas internal
code.
for Paris : REAG
followed by Sicovam
code with format
SICVnnn (max 12
digits).
:16R: SETPRTY
:95P::REAG//PARBFRPP
or
:95R::REAG/SICV/030
or
:95Q::REAG//MARKS AND
SPENCER UNIT TRUST
BNP Paribas London always reports one qualifier
REAG and one qualifier DEAG in all settlement
confirmations; one of these qualifiers is an option P:
:95P::DEAG//PARBGB2LXXX is always reported in
MT546/547
:95P::REAG//PARBGB2LXXX is always reported in
MT544/545
Option R is used for a CREST transaction
Option Q is used for a Unit Trust
:95R::REAG/PARB/CCSS is reported for a Stock
Withdrawal
16S
16R
95a
M
M
M
SETPRTY
SETPRTY
DEAG
End and name of the block
Start and name of the block
Delivering agent Party
Qualifier SETPRTY
Qualifier SETPRTY
Option P:
•
DEAG followed by Bic code
of the counterparty or
Option R:
•
DEAG/CRST (or PARB)/
followed by a local code or
Option Q:
•
DEAG// followed by a
narrative
:16S:SETPRTY
:16R: SETPRTY
:95P::DEAG//PARBGB2LXXX
or
:95R::DEAG/CRST/ELKAV
or
:95Q::DEAG//AURORA
NOMINEES LIMITED
BNP Paribas London always reports one qualifier
REAG and one qualifier DEAG in all settlement
confirmations; one of these qualifiers is an option P:
:95P::DEAG//PARBGB2LXXX
MT546/547
is
reported
in
:95P::REAG//PARBGB2LXXX
MT544/545
is
reported
in
Option R is used for a CREST transactions
Option Q is used for a Unit Trust
:95R::DEAG/PARB/CCSS is reported for a Stock
83/122
Deposit
16S
16R
95a
M
M
O
SETPRTY
SETPRTY
BUYR
Or
SELL
End and name of the block
Start and name of the block
Buyer or Seller
70D
O
REGI
Registration details
16S
16R
95a
M
M
O
SETPRTY
SETPRTY
DECU or
RECU
End and name of the block
Start and name of the block
Deliverer or Receiver's
custodian
16S
16R
95a
M
M
M
SETPRTY
SETPRTY
PSET
End and name of the block
Start and name of the block
Place of Settlement
Qualifier SETPRTY
:16S:SETPRTY
Qualifier SETPRTY
:16R: SETPRTY
Option Q:
:95Q::BUYR//6005
•
BUYR or SELL followed by
// and the name of the
counterparty as quoted in the
client's
original
MT54I
instruction (only the 1st line is
reported)
Qualifier REGI followed by // and
the registration details as quoted in
the client's original MT54I
instruction
Qualifier SETPRTY
Qualifier SETPRTY
Option Q:
• DECU or RECU followed by
// and a narrative as quoted in
the client's original MT54I
instruction (only the 1st line is
reported)
Qualifier SETPRTY
Qualifier SETPRTY
PSET followed by // and:
Option Q:
•
RES for Residuals
•
PHYS for Physicals
•
CRE for CREST
transactions, Stock
Withdrawals and Stock
Deposits
•
UTM for Unit Trust
•
UTC for a Unit Trust
settling in CREST (not
live yet)
:70D::REGI//Mr Smith
55 Moorgate, 4th Floor, London
EC2R 6PA
BUYR is reported in MT546/547
SELL is reported in MT544/545
Where no qualifier BUYR or SELL is quoted in the
original MT54I instruction, the settlement confirmation
will quote:
:95Q::BUYR(or SELL)//UNKNOWN BENEFICIARY
or
:95Q::BUYR(or SELL)//Unknown
London: REGI is reported in the settlement
confirmations of Unit Trust transfers in/out as
originally quoted on the client's instruction
:16S:SETPRTY
:16R: SETPRTY
:95Q::RECU//CITIHKHXXXX
:16S:SETPRTY
:16R:SETPRTY
:95Q::PSET//CRE
:95Q::PSET//PHYS
84/122
16S
M
SETPRTY
End and name of the block
Qualifier SETPRTY
:16S:SETPRTY
16R
95a
M
M
SETPRTY
DEAG
Start and name of the block
Delivering agent Party
:16R: SETPRTY
:95P::DEAG//PARBFRPP
or
:95R::DEAG/SICV/030
16S
M
SETPRTY
End and name of the block
Qualifier SETPRTY
•
Option P : DEAG
followed by Bic code of
the counterparty or
•
Option R : DEAG
followed by the issuer
code and Paribas internal
code
for Paris DEAG
followed by Sicovam
code with format
SICVnnn (max 12
digits).
Qualifier SETPRTY
16R
95a
M
O
SETPRTY Start and name of the block
BUYR or
Buyer or Seller
SELL
16S
16R
95a
M
M
M
SETPRTY End and name of the block
SETPRTY Start and name of the block
PSET
Place of Settlement
16S
M
SETPRTY End and name of the block
Qualifier SETPRTY
Option Q:
•
BUYR or SELL
followed name of your
account at Paribas.
Option R:
•
BUYR or SELL
followed by /the Data
Source Scheme
(DSS)/Account number
Qualifier SETPRTY
Qualifier SETPRTY
•
Option P : PSET followed by
BIC code of Central
Depository
•
Option Q: PSET followed by:
RES for residual
PHYS for physical
Qualifier SETPRTY
:16S:SETPRTY
:16R: SETPRTY
:95Q::SELL//BICCODE1
Standard settlement confirmation will report SELL
(if information received in the instruction)
London:
•
The client of counterpart, if only the client of
the counterpart exist
•
otherwise the value UNKNOWN is reported
:16S:SETPRTY
:16R: SETPRTY
:95P::PSET//MOTIITMMXXX
:95P::PSET//SCLVESMM
Two types of trades are settled in Frankfurt:
FKV trades (settled at Clearstream
Frankfurt) ;
NCS trades (trades settled in a different
depository).
For FKV trades, 95P::PSET//DAKVDEFF.
For NCS trades, 95P::PSET//CEDELULL.
:16S:SETPRTY
85/122
Repetitive Mandatory Subsequence E3 Amounts.
16R
19A
M
M
AMT
ESTT
Start and name of the block
Amount
Qualifier AMT
Qualifier ESTT followed by //
and currency and amount
:16R: AMT
:19A::ESTT//EUR5000000,
19A
O/M
DEAL
Amount - stampable
consideration
Qualifier DEAL followed by
:19A::DEAL//GBP25000
//[N]3!a15d (currency and amount)
London: This qualifier is only reported for against
payment settlement confirmations, i.e. MT545/547
This occurrence of the block is only included in this
message if SDRT (stamp duty) is to be paid and the
stampable consideration needs to be quoted.
London: This qualifier is only reported if the
information is received in the client's original
instruction
98a
92B
16S
O
O
M
VALU
EXCH
AMT
Value date and time
Rate
End and name of block
Information not required
Information not required
Qualifier AMT
:16S:AMT
End and name of the block
Qualifier SETDET
:16S:SETDET
Qualifier OTHRPRTY
Option Q:
‰ Qualifier MERE followed by
// and attention’s name.
:16R: OTHRPRTY
:95Q::MERE// name of contact or
department.
If the message is sent before
confirmation from SICOVAM or
Banque de France
See Specific Transactions
Document
Information not transmitted
See Specific Transactions
Settled subject to confirmation
from Sicovam or BdF
End of sequence E
16S
M
SETDET
Repetitive Optional Sequence F Other Parties
This sequence is not used in London and Milan
16R
95a
97A
70C
M
M
O
O
OTHRPRTY
MERE
PACO
Start and name of the block
Party
Account
Narrative
London: This information has to be set up/stored in
our static data
Not reported in London
Not reported in London
86/122
20C
O
PROC
16S
M
OTHRPRTY
Reference
End and name of block
Document
See Specific Transactions
Document
Qualifier OTHRPRTY
:16S:OTHRPRTY
87/122
MT546 Deliver Free of Payment Confirmation
Sequence A : Mandatory General Information
Field
16R
20C
Paribas
Status
M
M
Qualifier
Field Definition
Content
Example
GENL
SEME
Start and name of the block
Sender’s Reference Number
:16R:GENL
:20C::SEME//16x
Function of the Message
Qualifier GENL
Qualifier SEME followed by //
Paribas Reference
NEWM : to confirm a new
settlement transaction
Information not transmitted
Qualifier PARS (Partial
Settlement Indicator) followed by
//PAIN (Partial Settlement) or
//PARC (Previously Partially
23G
M
NEWM
98a
22F
O
O
PREP
PARS
Preparation date and time
Partial Settlement Indicator
In ABSC Reference will be made of the order number
+ instruction number.
:23G:NEWM
:22F:PARS//PAIN
Confirmed)
PARC is used only in the Euronext Markets and in
Frankfur and Milan
Milan: PARC reports the settlement of the last leg of
partial or shaped trades
Not used in London.
London: PAIN is always reported for DBV-related
transactions: TDO, DBV, TDR, DBR, TDI, DBI,
TDM, TDG, TDE, TDS, TDA
Repetitive Mandatory Subsequence A1 : Linkages.
Field
16R
22F
13A
Paribas
Status
M
O
O
20C
M
Qualifier
LINK
LINK
LINK
RELA
Field Definition
Content
Example
Start and name of the block
Linkage type indicator
Number Id of the MT of the
linked transaction
Reference of your instruction
Qualifier LINK
Information not transmitted
Information not transmitted
:16R:LINK
Reference of MT54x
If not available, RELA to be
followed by NONREF
:20C::RELA//16x
or
:20C::RELA//NONREF
NONREF is populated by Milan, Madrid,Athens,
Zürich,London, Francfort
London:
Reference of the client instruction
For a Unit Trust redemption/subscription order
executed by BNP Paribas Luxemburg (FDS), the client
reference of the original order will be quoted
For a transformation the original client reference of the
transformed transaction will be reported in RELA
88/122
For a split in CREST the original client reference of
the split transaction will be reported in RELA
For centrally generated transactions the following
rules will be applied:
- Self-collateralising REPO (SCR) or Direct Input: the
CREST ID of the transaction is reported in tag RELA,
- Stock Loan Return (SLR): the client reference of the
loan opening is reported or the client reference of the
loan closure (for a delivery and if the client has
instructed the return with the proper SWIFT format),
- Stock Loan Revaluation (SLD): the CREST ID of the
open Stock Loan Return (SLR) is reported,
- REPO Return (RPR): the client reference of the
REPO opening instruction,
- DBV collateral movements or interest: the client
reference of the original DBV instruction is reported
16S
16R
20C
M
M
M
LINK
LINK
COMM
End and name of the block
Start and name of the block
Reference of the market
reference
Qualifier LINK
Qualifier LINK
Reference for external trade
:16S:LINK
:16R:LINK
:20C::COMM//16x
Milan: mandatory information to report the market
reference provided by the local CSD
London:
CREST ID reference assigned to the transaction.
For instructions not settling in CREST (e.g. Physicals)
this tag will not be reported.
This is an optional reporting: the client has to request
it to be set up in BNP Paribas London's system.
16S
16R
20C
M
M
O
LINK
LINK
CORP
End and name of the block
Start and name of the block
Corporate Action reference
Qualifier LINK
Qualifier LINK
BNP Paribas London Corporate
Action reference
Format: 16x
:16S:LINK
:16R:LINK
:20C::CORP//10042052
16S
M
LINK
End and name of the block
Qualifier LINK
:16S:LINK
End and name of the block
Qualifier GENL
Reference used to identify the reorganisation event
which resulted in the transformation of an open
instruction - This is the same reference as reported in
the MT564 notification messages (tag 20C::CORP)
End of Sequence A
16S
M
GENL
:16S:GENL
89/122
Sequence B : Mandatory Trade Details
Field
16R
94B
98A
Status
M
O
M
Qualifier
TRADDET
TRAD
ESET
Field Definition
Start and name of the block
Place of Trade
Date
Content
Qualifier TRADDET
Information not transmitted
In option A:
•
Qualifier ESET : Effective
settlement date
In option A:
•
Qualifier TRAD followed
by // with trade date at
which the deal was agreed.
In option C
Qualifier TRAD followed by //
with trade date/time at which the
deal was agreed.
or
•
//OTCO to indicate that the
trade was executed offmarket.
or
•
//VARI to indicate that the
trade was executed on
various places of trading
98a
M
TRAD
Date and time
90a
O
DEAL
Deal Price
Information not transmitted
99A
O
DAAC
Number of Days Accrued
Information not transmitted
35B
M
Identification of Financial
Instrument
22F
O
The ISIN code + security
description or non ISIN
Identifier using ISO 2 digit
country code followed by the
national numbering scheme
TRCA//RMKT for 'Regulated
TRCA
Indicator for execution place
Example
:16R:TRADDET
:98A::ESET//19990125
:98A::TRAD//19990125
or
:98C::TRAD//19990125154312
or
:94B::TRAD//VARI
:35B:ISIN FR0000131104
BNP PARIBAS
or
:35B:/FR/13110
Comments
Added in SR2010:
This tag is only reported if present in the client's
MT54I
VARI Added in SR2010:
This code is only reported if present in the client's
MT54I
Milan and London: if the information is received in
the original instruction, it will be re-sent in the
confirmation.
Milan: if the information is received in the original
instruction, it will be re-sent in the confirmation.
Not reported in London
If a local is used, the specification of the country code
with the 2 digits ISO form is mandatory.
Used in London, Athens and Frankfurt
90/122
70E
16S
O
M
Settlement instruction
Narrative Processing
TRADDET
End of Transaction Details
Sequence
market'
TRCA//MLTF for 'Multi lateral
trading facility' or TRCA//SINT
for 'Systematic Internaliser
Qualifier SPRO followed by ///
and one of the following codes:
• TDO/
• DBV/
• TDR/
• DBR/
• TDI/
• DBI/
• TDM/
• TDA/
• TDG/
• TDE/
• TDS/
Qualifier TRADDET
:70E::SPRO///TDO/
Used for DBV reporting to qualify each stock or cash
movement:
TDO: Term DBV Opening Leg
DBV: Overnight DBV Opening Leg
TDR: Term DBV return
DBR: Overnight DBV return
TDI: Term DBV Interest
DBI: Overnight DBV Interest
TDM: Term DBV Mark-to-Market
TDG: Term DBV Giver Recall Substitution
TDE: Term DBV Automated Eligibility Substitution
TDS: Term DBV Manual Substitution
TDA: Term DBV Adjustment
:16S:TRADDET
Sequence C : Repetitive Mandatory Financial Instrument/Account
Field
16R
36B
19A
70D
13B
97A
Status Qualifier
M
FIAC
M
ESTT
O
O
O
M
SETT
DENC
CERT
SAFE
Field Definition
Start and name of the block
Quantity of Financial
Instrument Settled
Content
Qualifier FIAC
•
Qualifier ESTT followed by
// FAMT (face amount) or
//UNIT (number of shares)
Example
:16R:FIAC
: 36B::ESTT//FAMT/10000000,
or
:36B::ESTT//UNIT/1000,
Amount
Narrative
Number Identification
Safekeeping Account
Information not transmitted
Information not transmitted
Information not transmitted
In option A:
•
Qualifier SAFE followed by
// and the safekeeping a/c
holding securities at BNP
Paribas London
:97A::SAFE//1234567
Comments
London: For cash-only transactions (e.g. stock loan
revaluation, DBV interest, cash transformation,...)
BNP Paribas London will report:
:36B::ESTT//UNIT/0,
91/122
97A
O
CASH
Cash Account
In option A:
:97A::CASH//1012345671
•
Qualifier CASH followed by
// and the client's cash account
at BNP Paribas London
Reported in against payment confirmations (i.e.
MT545 and MT547)
97A
M
SAFE
Safekeeping Account
Reported in against payment confirmations (i.e.
MT545 and MT547)
16S
M
FIAC
End and name of the block
In option A:
‰ Paris
:97A::SAFE//11c
•
Qualifier SAFE
or
followed by // and the
:97A::SAFE//21!c
Safekeeping a/c holding
Branches
securities. Account
:97A::SAFE//Accountnr
number is on 21
characters for long form
or from 5 to 11
characters for short form.
The code word : FIAC
:16S:FIAC
Sequence D: Optional : Repo Details
This sequence is not used in London in settlement confirmations messages
For more details please refer to the Market specific document
Field Status Qualifier
Field Definition
Content
16R
M
REPO
Start and name of the block
Qualifier REPO
98a
O
TERM
Repurchase date/time
Option A:
‰ Qualifier TERM followed by
// and maturity date of the
repo or followed by //OPEN
if opening a repo.
22F
O
RERT
Indicator
20C
92a
O
O
SECO
VASU
or
Second Leg Reference
Rate of repo
Repurchase maturity rate type:
•
Qualifier RERT//FIXE when
repurchase rate is fixed
or
•
Qualifier RERT//VARI
when repurchase rate is
variable.
Not transmitted
Repurchase rate:
If fixed rate, then OptionA :
Example
:16R:REPO
:98A::TERM//YYYYMMDD
or
:98A::TERM//OPEN
:22F::RERT//FIXE
or
:22F::RERT//VARI
:92A::REPO//[N]nn,nnnn
or
For a Term DBV qualifier TERM will be reported
on the settlement confirmation of a TDO, TDR or
TDA.
This qualifier is not reported for a REPO trade in
London.
Not reported in London
Not reported in London
Not reported in London
92/122
‰
REPO
92a
O
RSPR
Margin over or under an index
determining the repurchase rate
99B
O
CADE
Repurchase call delay
O
TRTE
19A
O
FORF
'Termination Transaction
Amount
Repo with forfeit amount
70C
16S
O
M
SECO
REPO
Second leg repo's narrative
End and name of the block
19A
Qualifier REPO followed by
// and rate
If variable rate, then Option A :
‰ Qualifier VASU followed by
//EONIA
If variable rate not flat,
Option A :
‰ Qualifier RSPR followed by
// and margin
CADE followed by number of
days notice. If non callable,
CADE//999.
TRTE followed by termination
transaction amount
FORF followed by currency and
forfeit amount
Information transmitted
Qualifier REPO
:92C::VASU//EONIA
:16S:REPO
Content
Qualifier SETDET
•
Qualifier SETR followed by
//TRAD in case of a trade.
•
Qualifier SETR followed by
//SECL, for stock lending
open and return
Qualifier SETR followed by
REPU for repo, RVPO for
Example
:16R:SETDET
:22F::SETR//TRAD
or
:22F::SETR//SECL
or
:22F::SETR//REPU
or
:22F::SETR//RVPO
:92A::RSPR//[N]nn,nnnn
Not reported in London
:99B::CADE//nnn
Not reported in London
19A: :TRTE// EUR177768156,67
Used only in Paris, Brussels, Madrid and Athens
:19A::FORF//EURamount,
Not reported in London
For Paris, Brussels, London only
Sequence E : Mandatory Settlement Details
Field
16R
22F
Status Qualifier
M
SETDET
M
SETR
Field Definition
Start and name of the block
Indicator
reverse repo, BSBK for buysell back instruction and SBBK
for Sell-buy back instruction
Comments
SECL used in London for stock lending open
Repo and reverse repo only used in Paris, Brussels
Buy- sell back only used by Paria, Athens and
Brussels
Sell-buy back only used by Paris and Brussels
London: When trade type is SLO (stock lending
opening leg) or SLR (stock lending return leg):
ƒ SETR//SECL
It is also possible to report SECB for an SLO receipt
or an SLR delivery or to report SECL for an SLO
delivery or an SLR receipt: this has to be set up in
BNP Paribas London's system.
93/122
When trade type is OAT (own account transfer):
ƒ SETR//OWNI
For a Unit Trust Transfer In or Out:
ƒ SETR//OWNE
22F
O
STCO
Settlement Transaction
Condition Indicator
Qualifier STCO followed by:
•
//PHYS
•
or
•
//NOMC
•
or
•
//TRAN
:22F::STCO//PHYS
London: PHYS: Only reported for Physical
securities: Residuals, or outside of CREST Physicals
or Stock Withdrawals or Stock Deposits
NOMC: No Automatic Market Claim _ if the
information is received in the original instruction, it
will be re-sent in the confirmation - Added in
SR2010
TRAN: flag used to identify a transaction resulting
from a transformation
22F
O
REGT
Registration Indicator
Qualifier REGT followed by:
•
//YREG
:22F::REGT//YREG
London: Only reported for Physical securities:
Residuals, or outside of CREST Physicals or Stock
Withdrawals or Stock Deposits
Repetitive Mandatory Subsequence E1 Settlement Parties.
The presence of the full settlement chain is highly recommended.
16R
95a
M
O
SETPRTY
DEAG
Start and name of the block
Delivering agent Party
Qualifier SETPRTY
•
Option P : DEAG followed
by Bic code of the
counterparty or
•
Option R : DEAG followed
by the issuer code and Paribas
internal code
for Paris DEAG followed by
Sicovam code with format
SICVnnn (max 12 digits).
:16R: SETPRTY
:95Q::DEAG//account’s title
or
:95R::DEAG/SICV/030
BNP Paribas London always reports one qualifier
REAG and one qualifier DEAG in all settlement
confirmations; one of these qualifiers is an option P:
:95P::DEAG//PARBGB2LXXX
MT546/547
is
reported
in
:95P::REAG//PARBGB2LXXX
MT544/545
is
reported
in
Option R is used for a CREST transactions
94/122
Option Q is used for a Unit Trust
:95R::DEAG/PARB/CCSS is reported for a Stock
Deposit
16S
M
SETPRTY
End and name of the block
Qualifier SETPRTY
:16S:SETPRTY
16R
95a
M
M
SETPRTY
REAG
Start and name of the block
Receiving agent Party
Qualifier SETPRTY
•
Option P : REAG
followed by Bic code of
the counterparty or
•
Option R : REAG
followed by the issuer
code and Paribas internal
code
for Paris : REAG
followed by Sicovam
code with format
SICVnnn (max 12
digits).
:16R: SETPRTY
:95P::REAG//PARBFRPP
or
:95R::REAG/SICV/030
London: BNP Paribas London always reports one
qualifier REAG and one qualifier DEAG in all
settlement confirmations; one of these qualifiers is
an option P:
:95P::DEAG//PARBGB2LXXX is always reported
in MT546/547
:95P::REAG//PARBGB2LXXX is always reported
in MT544/545
Option R is used for a CREST transaction
Option Q is used for a Unit Trust
:95R::REAG/PARB/CCSS is reported for a Stock
Withdrawal
16S
M
SETPRTY
End and name of the block
16R
95a
M
O
SETPRTY Start and name of the block
BUYR
Buyer or Seller
Or
SELL
Qualifier SETPRTY
:16R: SETPRTY
Qualifier SETPRTY
Option Q:
•
BUYR or SELL
followed name of your
account at Paribas.
Option R:
•
BUYR or SELL
followed by /the Data
Source Scheme
(DSS)/Account number
:16R: SETPRTY
:95Q::BUYR//BICCODE1
Standard settlement confirmation will report BUYR
(if information received in the instruction)
London:
•
The client of counterpart, if only the client of
the counterpart exist
•
otherwise the value UNKNOWN is reported
BUYR is reported in MT546/547
SELL is reported in MT544/545
Where no qualifier BUYR or SELL is quoted in the
original MT54I instruction, the settlement
confirmation will quote:
:95Q::BUYR(or SELL)//UNKNOWN BENEFICIARY
or
95/122
70D
O
REGI
Registration details
Qualifier REGI followed by // and :70D::REGI//Mr Smith
the registration details as quoted in 55 Moorgate, 4th Floor, London
EC2R 6PA
the client's original MT54I
instruction
16S
16R
95a
M
M
M
SETPRTY End and name of the block
SETPRTY Start and name of the block
PSET
Place of Settlement
Qualifier SETPRTY
Qualifier SETPRTY
•
Option P : PSET followed by
BIC code of Central
Depository
•
Option Q: PSET followed by:
RES for residual
PHYS for physical
:16S:SETPRTY
:16R: SETPRTY
:95P::PSET//MOTIITMMXXX
:95P::PSET//SCLVESMM
16S
M
SETPRTY End and name of the block
Qualifier SETPRTY
:16S:SETPRTY
:95Q::BUYR(or SELL)//Unknown
REGI is reported in the settlement confirmations of
Unit Trust transfers in/out as originally quoted on
the client's instruction
Two types of trades are settled in Frankfurt:
FKV trades (settled at Clearstream Frankfurt) ;
NCS trades (trades settled in a different
depository).
For FKV trades, 95P::PSET//DAKVDEFF.
For NCS trades, 95P::PSET//CEDELULL.
Repetitive Mandatory Subsequence E3 Amounts (London only)
16R
19A
M
M
AMT
ESTT
Start and name of the block
Settled Amount
Qualifier AMT
:16R:AMT
Qualifier ESTT followed by // and :19A::ESTT//GBP5000000,
currency code and amount
16S
16R
19A
M
M
O
AMT
AMT
DEAL
End and name of block
Start and name of the block
Amount - stampable
consideration
Qualifier AMT
Qualifier AMT
Qualifier DEAL followed by
//[N]3!a15d (currency code and
amount)
:16S:AMT
:16R:AMT
:19A::DEAL//GBP25000,
16S
M
AMT
End and name of block
Qualifier AMT
:16S:AMT
Qualifier SETDET
:16S:SETDET
Qualifier SETDET
:16S:SETDET
16S
M
SETDET
End and name of the block
This qualifier is only reported for against payment
settlement confirmations, i.e. MT545/547
This qualifier is only reported if the information is
received in the client's original instruction
End of sequence E
16S
M
SETDET
End and name of the block
96/122
Repetitive Optional Sequence F Other Parties
This sequence is not used in London and Milan
16R
95a
M
M
OTHRPRTY
MERE
Start and name of the block
Party
Qualifier OTHRPRTY
Option Q:
‰ Qualifier MERE followed by
// and attention’s name.
:16R: OTHRPRTY
:95Q::MERE// name of contact or
department.
If the message is sent before
confirmation from SICOVAM or
Banque de France
See Specific Transactions
Document
Settled subject to confirmation
from Sicovam or BdF
London: This information has to be set up/stored in
our static data
or
Option P:
• Qualifier MERE followed by
// and BIC Code
97A
70C
O
O
PACO
Account
Narrative
20C
O
PROC
Reference
16S
M
OTHRPRTY
End and name of block
Information not transmitted
See Specific Transactions
Document
See Specific Transactions
Document
Qualifier OTHRPRTY
:16S:OTHRPRTY
97/122
MT547 Deliver Against Payment Confirmation
Sequence A : Mandatory General Information
Field
16R
20C
Paribas
Status
M
M
Qualifier
Field Definition
Content
Example
GENL
SEME
Start and name of the block
Sender’s Reference Number
:16R:GENL
:20C::SEME//16x
Function of the Message
Qualifier GENL
Qualifier SEME followed by //
Paribas Reference
NEWM : to confirm a new
settlement transaction
Information not transmitted
Qualifier PARS (Partial
Settlement Indicator) followed by
//PAIN (Partial Settlement) or
//PARC (Previously Partially
23G
M
NEWM
98a
22F
O
O
PREP
PARS
Preparation date and time
Partial Settlement Indicator
In ABSC Reference will be made of the order number
+ instruction number.
:23G:NEWM
:22F:PARS//PAIN
Confirmed)
PARC is used only in the Euronext Markets and in
Frankfurt and Milan
Milan: PARC reports the settlement of the last leg of
partial or shaped trades
London : PAIN is always reported for DBV-related
transactions: TDO, DBV, TDR, DBR, TDI, DBI,
TDM, TDG, TDE, TDS, TDA
Repetitive Mandatory Subsequence A1 : Linkages.
Field
16R
22F
13A
Paribas
Status
M
O
O
20C
M
Qualifier
LINK
LINK
LINK
RELA
Field Definition
Content
Example
Start and name of the block
Linkage type indicator
Number Id of the MT of the
linked transaction
Reference of your instruction
Qualifier LINK
Information not transmitted
Information not transmitted
:16R:LINK
Reference of MT54x
If not available, RELA to be
followed by NONREF
:20C::RELA//16x
or
:20C::RELA//NONREF
NONREF is populated by Milan, Madrid,Athens,
Zürich,London, Francfort
London :
For a Unit Trust redemption/subscription order
executed by BNP Paribas Luxemburg (FDS), the client
reference of the original order will be quoted
98/122
For a transformation the original client reference of the
transformed transaction will be reported in RELA
For a split in CREST the original client reference of
the split transaction will be reported in RELA
For centrally generated transactions the following
rules will be applied:
- Self-collateralising REPO (SCR) or Direct Input: the
CREST ID of the transaction is reported in tag RELA,
- Stock Loan Return (SLR): the client reference of the
loan opening is reported or the client reference of the
loan closure (for a delivery and if the client has
instructed the return with the proper SWIFT format),
- Stock Loan Revaluation (SLD): the CREST ID of the
open Stock Loan Return (SLR) is reported,
- REPO Return (RPR): the client reference of the
REPO opening instruction,
- DBV collateral movements or interest: the client
reference of the original DBV instruction is reported.
16S
16R
20C
M
M
M
LINK
LINK
COMM
End and name of the block
Start and name of the block
Reference of the market
reference
Qualifier LINK
Qualifier LINK
Reference for external trade
:16S:LINK
:16R:LINK
:20C::COMM//16x
Milan: mandatory information to report the market
reference provided by the local CSD
London:
CREST ID reference assigned to the
transaction
For instructions not settling in CREST (e.g. Physicals)
this tag will not be reported
This is an optional reporting: the client has to request
it to be set up in BNP Paribas London's system.
16S
20C
M
O
LINK
CORP
End and name of the block
Corporate Action reference
Qualifier LINK
BNP Paribas London Corporate
Action reference
Format: 16x
:16S:LINK
:20C::CORP//10042052
London: Reference used to identify the reorganisation
event which resulted in the transformation of an open
instruction - This is the same reference as reported in
the MT564 notification messages (tag 20C::CORP)
End of Sequence A
99/122
16S
M
GENL
End and name of the block
Qualifier GENL
:16S:GENL
Content
Qualifier TRADDET
Qualifier CLEA followed by //
and the bic code of the clearing
counterparty
Qualifier TRAD followed by
• //EXCH to indicate that the
place of trade is a stock
exchange or a regulated
market. When EXCH is
used, it must be followed by
the Market Indicator Code
(MIC)
or
•
//OTCO to indicate that the
trade was executed offmarket.
or
•
//VARI to indicate that the
trade was executed on
various places of trading
In option A:
•
Qualifier ESET : Effective
settlement date
In option A:
•
Qualifier TRAD followed
by // with trade date/ at
which the deal was agreed.
In option C
Qualifier TRAD followed by //
with trade date/time at which the
deal was agreed.
Information not transmitted
Example
:16R:TRADDET
:94H::CLEA//BICCODE
Sequence B : Mandatory Trade Details
Field
16R
94H
Status
M
O
Qualifier
TRADDET
CLEA
Field Definition
Start and name of the block
Place of Clearing
94B
O
TRAD
Place of Trade
98A
M
ESET
Date
98a
M
TRAD
Date and time
90a
O
DEAL
Deal Price
:94B::TRAD//EXCH/XLON
:94B::TRAD//VARI
Comments
London: Added in SR2010:
This tag is only reported if present in the client's
MT54I
London: VARI Added in SR2010:
This code is only reported if present in the client's
MT54I
:98A::ESET//19990125
:98A::TRAD//19990125
London: The option depends on what was quoted on
the client's original MT54I
:98C::TRAD//19990125154312
Milan and London: if the information is received in
the original instruction, it will be re-sent in the
100/122
99A
O
35B
M
22F
O
70E
16S
DAAC
TRCA
O
M
Number of Days Accrued
Information not transmitted
Identification of Financial
Instrument
The ISIN code + security
description or non ISIN
Identifier using ISO 2 digit
country code followed by the
national numbering scheme
Indicator for execution place
TRCA//RMKT for 'Regulated
market'
TRCA//MLTF for 'Multi lateral
trading facility' or TRCA//SINT
for 'Systematic Internaliser
Qualifier SPRO followed by ///
and one of the following codes:
• TDO/
• DBV/
• TDR/
• DBR/
• TDI/
• DBI/
• TDM/
• TDA/
• TDG/
• TDE/
• TDS/
Settlement Instruction
Processing Narrative
TRADDET
End of Transaction Details
Sequence
Qualifier TRADDET
:35B:ISIN FR0000131104
BNP PARIBAS
or
:35B:/FR/13110
confirmation.
Milan: if the information is received in the original
instruction, it will be re-sent in the confirmation.
If a local is used, the specification of the country code
with the 2 digits ISO form is mandatory.
London: For cash-only transactions (e.g. stock loan
revaluation, DBV interest, cash transformation,...)
BNP Paribas London will report:
ISIN XXCASH000001
CASH ONLY TRADE
Used in Athens and Frankfurt
Not reported in London
:70E::SPRO///TDO/
London: Used for DBV reporting to qualify each stock
or cash movement:
TDO: Term DBV Opening Leg
DBV: Overnight DBV Opening Leg
TDR: Term DBV return
DBR: Overnight DBV return
TDI: Term DBV Interest
DBI: Overnight DBV Interest
TDM: Term DBV Mark-to-Market
TDG: Term DBV Giver Recall Substitution
TDE: Term DBV Automated Eligibility Substitution
TDS: Term DBV Manual Substitution
TDA: Term DBV Adjustment
:16S:TRADDET
Sequence C : Repetitive Mandatory Financial Instrument/Account
Field
16R
36B
Status Qualifier
M
FIAC
M
ESTT
Field Definition
Content
Start and name of the block
Qualifier FIAC
Quantity of Financial Instrument •
Qualifier ESTT followed by
Settled
// FAMT (face amount) or
Example
:16R:FIAC
: 36B::ESTT//FAMT/10000000,
or
Comments
London: For cash-only transactions (e.g. stock loan
revaluation, DBV interest, cash transformation,...)
101/122
//UNIT (number of shares)
19A
70D
13B
97A
O
O
O
M
SETT
DENC
CERT
SAFE
Amount
Narrative
Number Identification
Safekeeping Account
97A
M
CASH
Cash Account
16S
M
FIAC
End and name of the block
:36B::ESTT//UNIT/1000,
Information not transmitted
Information not transmitted
Information not transmitted
In option A:
‰ Paris
:97A::SAFE//11c
•
Qualifier SAFE
or
followed by // and the
:97A::SAFE//21!c
Safekeeping a/c holding
Branches
securities. Account
:97A::SAFE//Accountnr
number is on 21
characters for long form
or from 5 to 11
characters for short form.
In option A:
•
Qualifier CASH followed by
// the cash account to indicate
if the cash account is different
from the default one.
The code word : FIAC
:16S:FIAC
BNP Paribas London will report:
:36B::ESTT//UNIT/0,
London: Reported in against payment confirmations
(i.e. MT545 and MT547)
Sequence D: Optional : Repo Details
This sequence is not used in London in settlement confirmations messagesFor more details please refer to the Market specific document.
Field Status Qualifier
Field Definition
Content
Example
16R
M
REPO
Start and name of the block
Qualifier REPO
:16R:REPO
98a
O
TERM
Repurchase date/time
Option A:
:98A::TERM//YYYYMMDD
‰ Qualifier TERM followed by or
// and maturity date of the
:98A::TERM//OPEN
repo or followed by //OPEN
if opening a repo.
22F
O
RERT
Indicator
Repurchase maturity rate type:
:22F::RERT//FIXE
•
Qualifier RERT//FIXE when or
:22F::RERT//VARI
repurchase rate is fixed
or
•
Qualifier RERT//VARI
when repurchase rate is
variable.
London: For a Term DBV qualifier TERM will be
reported on the settlement confirmation of a TDO,
TDR or TDA
This qualifier is not reported for a REPO trade in
London.
Not reported in London
102/122
20C
92a
O
O
SECO
VASU
or
REPO
Second Leg Reference
Rate of repo
92a
O
RSPR
Margin over or under an index
determining the repurchase rate
99B
O
CADE
Repurchase call delay
O
TRTE
'Termination Transaction
Amount
19A
O
FORF
Repo with forfeit amount
70C
16S
O
M
SECO
REPO
Second leg repo's narrative
End and name of the block
19A
Not transmitted
Repurchase rate:
If fixed rate, then OptionA :
‰ Qualifier REPO followed by
// and rate
If variable rate, then Option A :
‰ Qualifier VASU followed by
//EONIA
If variable rate not flat,
Option A :
‰ Qualifier RSPR followed by
// and margin
CADE followed by number of
days notice. If non callable,
CADE//999.
TRTE followed by termination
transaction amount
FORF followed by currency and
forfeit amount
SECO followed by narrative
Qualifier REPO
:92A::REPO//[N]nn,nnnn
or
:92C::VASU//EONIA
Not reported in London
:92A::RSPR//[N]nn,nnnn
Not reported in London
:99B::CADE//nnn
Not reported in London
19A:
19A::TRTE//
:TRTE//EUR177768156,67
EUR177768156,67 Used only in Paris, Brussels, Madrid and Athens
:19A::FORF//EURamount,
Not reported in London
19A::SECO//free narrative,
:16S:REPO
For Paris, Brussels, London only
Example
:16R:SETDET
:22F::SETR//TRAD
or
:22F::SETR//REPU
or
:22F::SETR//SECL
Comments
Sequence E : Mandatory Settlement Details
Field
16R
22F
Status Qualifier
M
SETDET
M
SETR
Field Definition
Start and name of the block
Indicator
Content
Qualifier SETDET
‰ Qualifier SETR followed by
//TRAD in case of a trade.
‰ Qualifier SETR followed by
//REPU in case of opening or
closure repurchase transaction
‰ Qualifier SETR followed by
//SECL, for stock lending
open and return
‰ Qualifier SETR followed by
RVPO for reverse repo,
BSBK for buy-sell back
instruction and SBBK for
SECL used in London for stock lending open
Repo and reverse repo only used in Paris, Brussels
Buy- sell back only used by Paria, Athens and
Brussels
Sell-buy back only used by Paris and Brussels
London:
When trade type is SLO (stock lending opening leg)
103/122
or SLR (stock lending return leg):
Sell-buy back instruction
ƒ SETR//SECL
It is also possible to report SECB for an SLO receipt
or an SLR delivery or to report SECL for an SLO
delivery or an SLR receipt: this has to be set up in
BNP Paribas London's system.
When trade type is OAT (own account transfer):
ƒ SETR//OWNI
For a Unit Trust Transfer In or Out:
ƒ SETR//OWNE
22F
22F
O
O
STCO
REGT
Settlement Transaction
Condition Indicator
Registration Indicator
Qualifier STCO followed by:
•
//PHYS
•
or
•
//NOMC
•
or
•
//TRAN
Qualifier REGT followed by:
•
//YREG
:22F::STCO//PHYS
London:
PHYS: Only reported for Physical securities:
Residuals, or outside of CREST Physicals or Stock
Withdrawals or Stock Deposits
NOMC: No Automatic Market Claim _ if the
information is received in the original instruction, it
will be re-sent in the confirmation - Added in
SR2010
:22F::REGT//YREG
TRAN: flag used to identify a transaction resulting
from a transformation
London:
Only reported for Physical securities: Residuals, or
outside of CREST Physicals or Stock Withdrawals
or Stock Deposits
Repetitive Mandatory Subsequence E1 Settlement Parties.
The presence of the full settlement chain is highly recommended.
16R
95a
M
O
SETPRTY
DEAG
Start and name of the block
Delivering agent Party
Qualifier SETPRTY
•
Option P : DEAG followed
by Bic code of the
counterparty or
:16R: SETPRTY
:95Q::DEAG//account’s title
or
:95R::DEAG/SICV/030
London: BNP Paribas London always reports one
qualifier REAG and one qualifier DEAG in all
settlement confirmations; one of these qualifiers is
104/122
•
Option R : DEAG followed
by the issuer code and Paribas
internal code
for Paris DEAG followed by
Sicovam code with format
SICVnnn (max 12 digits).
or
:95P::DEAG//PARBGB2LXXX
or
:95R::DEAG/CRST/ELKAV
or
:95Q::DEAG//AURORA
NOMINEES LIMITED
an option P:
:95P::DEAG//PARBGB2LXXX
MT546/547
is
reported
in
:95P::REAG//PARBGB2LXXX
MT544/545
is
reported
in
Option R is used for a CREST transactions
Option Q is used for a Unit Trust
:95R::DEAG/PARB/CCS
16S
M
SETPRTY
End and name of the block
Qualifier SETPRTY
:16S:SETPRTY
16R
95a
M
M
SETPRTY
REAG
Start and name of the block
Receiving agent Party
Qualifier SETPRTY
•
Option P : REAG
followed by Bic code of
the counterparty or
•
Option R : REAG
followed by the issuer
code and Paribas internal
code
for Paris : REAG
followed by Sicovam
code with format
SICVnnn (max 12
digits).
:16R: SETPRTY
:95P::REAG//PARBFRPP
or
:95R::REAG/SICV/030
or
:95P::REAG//PARBGB2LXXX
or
:95R::REAG/CRST/5IKAV
or
:95Q::REAG//MARKS AND
SPENCER UNIT TRUST
BNP Paribas London always reports one qualifier
REAG and one qualifier DEAG in all settlement
confirmations; one of these qualifiers is an option P:
:95P::DEAG//PARBGB2LXXX is always reported
in MT546/547
:95P::REAG//PARBGB2LXXX is always reported
in MT544/545
Option R is used for a CREST transaction
Option Q is used for a Unit Trust
:95R::REAG/PARB/CCSS is reported for a Stock
Withdrawal
16S
M
SETPRTY
End and name of the block
16R
95a
M
O
SETPRTY Start and name of the block
BUYR
Buyer or Seller
Or
SELL
Qualifier SETPRTY
:16R: SETPRTY
Qualifier SETPRTY
Option Q:
•
BUYR or SELL
followed name of your
account at Paribas.
Option R:
•
BUYR or SELL
followed by /the Data
Source Scheme
:16R: SETPRTY
:95Q::BUYR//BICCODE1
Standard settlement confirmation will report BUYR
(if information received in the instruction)
London:
•
The client of counterpart, if only the client of
the counterpart exist
•
otherwise the value UNKNOWN is reported
105/122
16S
16R
95a
M
M
M
SETPRTY End and name of the block
SETPRTY Start and name of the block
PSET
Place of Settlement
16S
M
SETPRTY End and name of the block
(DSS)/Account number
Qualifier SETPRTY
:16S:SETPRTY
Qualifier SETPRTY
:16R: SETPRTY
•
Option P : PSET followed by
BIC code of Central
Depository
•
Option Q: PSET followed by:
RES for residual
PHYS for physical
Qualifier SETPRTY
:16S:SETPRTY
:16R: AMT
:19A::ESTT//EUR5000000,
Repetitive Mandatory Subsequence E3 Amounts.
16R
19A
M
M
AMT
ESTT
Start and name of the block
Amount
Qualifier AMT
Qualifier ESTT followed by //
and currency and amount
19A
O/M
DEAL
Amount - stampable
consideration
Qualifier DEAL followed by
:19A::DEAL//GBP25000
//[N]3!a15d (currency and amount)
98a
92B
16S
O
O
M
VALU
EXCH
AMT
Value date and time
Rate
End and name of block
Information not required
Information not required
Qualifier AMT
:16S:AMT
End and name of the block
Qualifier SETDET
:16S:SETDET
Qualifier OTHRPRTY
Option Q:
:16R: OTHRPRTY
:95Q::MERE// name of contact or
This occurrence of the block is only included in this
message if SDRT (stamp duty) is to be paid and the
stampable consideration needs to be quoted.
End of sequence E
16S
M
SETDET
Repetitive Optional Sequence F Other Parties
This sequence is not used in London and Milan
16R
95a
M
M
OTHRPRTY
MERE
Start and name of the block
Party
London: This information has to be set/up stored in
106/122
‰
97A
70C
O
O
PACO
Account
Narrative
20C
O
PROC
Reference
16S
M
OTHRPRTY
End and name of block
Qualifier MERE followed by
// and attention’s name.
If the message is sent before
confirmation from SICOVAM or
Banque de France
See Specific Transactions
Document
Information not transmitted
See Specific Transactions
Document
See Specific Transactions
Document
Qualifier OTHRPRTY
department.
our static data
Settled subject to confirmation
from Sicovam or BdF
Not reported in London
Not reported in London
:16S:OTHRPRTY
107/122
Booklet for New SWIFT 548
Settlement Status and Processing Advice Message
MT 548 Settlement Status and Processing Advice
Sequence A : Mandatory General Information
Field
16R
20C
Paribas
Status
M
M
23G
M
98C
O
Qualifier
Field Definition
Content
Example
GENL
SEME
Start and name of the block
Sender’s Reference Number
•
•
:16R:GENL
:20C::SEME//16x
CAST
or
INST
Function of the Message
•
PREP
Preparation date and time
•
Qualifier GENL
Qualifier SEME followed
by // Paribas Reference
Qualifier CAST :
Cancellation Request Status
Qualifier INST : Transaction
Status Status
Comment
:23G:CAST
or
:23G:INST
London: The generation of CAST message is optional
and this reporting has to be set up in our system: it
must be requested by the client.
:98C::PREP//20000215152030
Option C used in London
:16R:LINK
:20C::RELA//16x
or
:20C::RELA//NONREF
NONREF is populated by Milan, Madrid,Athens,
Zürich,London, Francfort
Repetitive Mandatory Subsequence A1 : Linkages.
16R
20C
M
M
LINK
RELA
Start and name of the block
Reference of your instruction
•
Qualifier LINK
Reference of MT54x
If not available, RELA to be
followed by NONREF
London:
Reference of the client instruction
For a MT548 CAST the reference quoted will be the
client's reference of the cancellation request.
For a Unit Trust redemption/subscription order
executed by BNP Paribas Luxemburg (FDS), the client
reference of the original order will be reported
For a transformation the original client reference of the
transformed transaction will be reported in RELA
For a split in CREST the original client reference of
the split transaction will be reported in RELA for each
sibling
For centrally generated transactions the following
rules will be applied:
109/122
- Direct Input: the CREST ID of the transaction is
reported in tag RELA,
- Stock Loan Return (SLR): the client reference of the
loan opening is reported or the client reference of the
loan closure (for a delivery and if the client has
instructed the return with the proper SWIFT format),
- REPO Return (RPR): the client reference of the
REPO opening instruction,
- Stock Loan Revaluation (SLD): the CREST ID of the
open Stock Loan Return (SLR) is reported,
- DBV collateral movements or interest: the client
reference of the original DBV instruction is reported.
16S
M
LINK
End and name of the block
16R
20C
M
M
LINK
COMM
Start and name of the block
Common reference
•
Qualifier LINK
:16S:LINK
•
•
:16R:LINK
:20C::COMM//16x
or
:20C::COMM//TMQ0498521
Qualifier LINK
Qualifier COMM
Available under subscription in London only
Reports thee unique reference of the settlement
instruction processed on Euroclear UK & Ireland
market.
London: CREST ID reference assigned to the
transaction
For instructions not settling in CREST (e.g. Physicals)
this tag will not be reported
For instructions that have not reached CREST yet, this
tag will not be reported
16S
16R
20C
M
M
O
LINK
LINK
CORP
End and name of the block
Start and name of the block
Corporate Action reference
•
Qualifier LINK
•
Qualifier LINK
BNP Paribas London
Corporate Action reference
Format: 16x
:16S:LINK
:16R:LINK
:20C::CORP//10042052
16S
M
LINK
End and name of the block
Qualifier LINK
:16S:LINK
•
Qualifier STAT
See XL sheet
:16R:STAT
:25D::MTCH//NMAT
London: Reference used to identify reorganisation
event which resulted in the transformation of an open
instruction - This is the same reference as reported in
the MT564 notification messages (tag 20C::CORP)
Repetitive Mandatory Subsequence A2 : Status.
16R
25D
M
M
STAT
Start and name of the block
Status
See §4.1 for a list of codes reported by BNP Paribas
London in field 25D
110/122
Repetitive Optional Subsequence A2a : Reason.
16R
24B
70D
M
M
O
REAS
REAS
REAS
Start and name of the block
Reason
Reason Narrative
•
Qualifier REAS
y
Qualifier REAS
Reason Narrative, should
always be populated in
addition of codewords
:16R:REAS
:24B::NMAT//ICAG
:70D: REAS//The instruction has
not been matched, incorrect
delivering or receiving agent.
London: In case of multiple mismatches between an
unmatched and alleged transaction, tags 24B:: and
70D:: REAS will be repeated for each mismatch
reason
Example:
:16R:REAS
:24B::NMAT//DMON
:70D::REAS//UNMATCHED VALUE GBP1234.99
ALLEGED VALUE GBP5678.99
:16S:REAS
:16R:REAS
:24B::NMAT//DTRD
:70D::REAS//UNMATCHED VALUE 01 AUG 2011
ALLEGED VALUE 02 AUG 2011
:16S:REAS
Where a mismatch reason is reported, both the
unmatched and alleged values will be reported in tag
70D::REAS
24B
M
Reason
:24B::NMAT//CMIS
In case of multiple mismatches between an unmatched
and alleged transaction, tags 24B:: and 70D:: REAS
will be repeated for each mismatch reason
Example:
:16R:REAS
:24B::NMAT//DMON
:70D::REAS//UNMATCHED VALUE GBP1234.99
ALLEGED VALUE GBP5678.99
:16S:REAS
:16R:REAS
:24B::NMAT//DTRD
:70D::REAS//UNMATCHED VALUE 01 AUG 2011
ALLEGED VALUE 02 AUG 2011
:16S:REAS
111/122
16S
M
REAS
•
•
Start and name of the block
Qualifier REAS
:16S:REAS
End of Repetitive Mandatory Subsequence A2 : Status.
16S
M
STAT
End and name of the block
•
Qualifier STAT
:16S:STAT
Qualifier GENL
:16S:GENL
End of Sequence A : Mandatory General Information
16S
M
GENL
End and name of the block
•
Sequence B : Optional Settlement Transaction Details
16R
94H
M
O
94B
O
SETTRAN Start and name of the block
CLEA
Place of Clearing
TRAD
Place of Trade
•
Qualifier SETTRAN
Qualifier CLEA followed by //
and the bic code of the clearing
counterparty
:16R: SETTRAN
:94H::CLEA//BICCODE
Qualifier TRAD followed by
:94B::TRAD//EXCH/XLON
• //EXCH to indicate that the :94B::TRAD//VARI
place of trade is a stock
exchange or a regulated
market. When EXCH is
used, it must be followed by
the Market Indicator Code
(MIC)
or
•
//OTCO to indicate that the
trade was executed offmarket.
or
•
//VARI to indicate that a
trade was executed on
various places of trading
London:
Added in SR2010:
This tag is only reported if present in the client's
MT54I
London:
VARI Added in SR2010:
This code is only reported if present in the client's
MT54I
112/122
35B
M
36B
M
SETT
Identification of Financial
Instrument
The ISIN code + security
description or non ISIN Identifier
using ISO 2 digit country code
followed by the national
numbering scheme
:35B:ISIN FR0000131104
BNP PARIBAS
or
:35B:/FR/13110
Quantity of Financial
Instrument Settled
•
:36B::SETT//UNIT/1000,
19A
O/M
SETT
Amount
•
97A
M
SAFE
Account
‰
‰
22F
M
SETR
Indicator of transaction type
•
or
•
or
•
Qualifier SETT followed
by :
//FAMT face amount or
//UNIT number of shares.
or
: 36B::SETT//FAMT/10000000,
Qualifier SETT folllowed by :19A:SETT//EUR5000000,
// and the Currency and
Settlement Amount
Paris
:97A::SAFE//11c
or
:97A::SAFE//21!c
Branches
:97A::SAFE//Account
number
Qualifier SETR (Type of
Settlement Transaction)
followed by :
//TRAD Trade or
//REPU Repo Opening
for repo, RVPO for
reverse repo, BSBK for
buy-sell back instruction
and SBBK for Sell-buy
back instruction
//OWNI
//OWNE
:97A::SAFE//99999L
:97A::SAFE//300260010000000
99999L
‰ Branches
:97A::SAFE//Account
number
:22F:SETR//TRAD
If a local is used, the specification of the country code
with the 2 digits ISO form is mandatory.
London: For cash-only transactions (e.g. stock loan
revaluation, DBV interest, cash transformation,...)
BNP Paribas London will report:
ISIN XXCASH000001
CASH ONLY TRADE
London: For cash-only transactions (e.g. stock loan
revaluation, DBV interest, cash transformation,...)
BNP Paribas London will report:
:36B::SETT//UNIT/0,
If the instruction is against payment
(:22H::PAYM//APMT) then it is mandatory to specify
a settlement amount (field :19A::SETT)
London: This qualifier will be reported for against
payment transactions (:22H::PAYM//APMT)
Repo and reverse repo only used in Paris, Brussels
Buy- sell back only used by Paris, Athens and Brussels
Sell-buy back only used by Paris and Brussels
London: When trade type is SLO (stock lending
opening leg) or SLR (stock lending return leg):
ƒ SETR//SECL
It is also possible to report SECB for an SLO receipt
or an SLR delivery or to report SECL for an SLO
delivery or an SLR receipt: this is a specific set up that
has to be requested by the client.
When trade type is OAT (own account transfer):
ƒ SETR//OWNI
113/122
For a Unit Trust Transfer In or Out:
ƒ SETR//OWNE
22H
M
REDE
Indicator of transaction type
•
22H
M
PAYM
Indicator of transaction type
•
22F
O
STCO
Settlement Transaction
Condition Indicator
Qualifier REDE
(Receive/Deliver
Indicator) followed by
//DELI Deliver or
//RECE Receive.
:22H:REDE//DELI
:22H:PAYM//APMT
Qualifier PAYM (Payment
Indicator) folowed by
//APMT Against Payment or
//FREE Free of Payment.
Qualifier STCO followed by // :22F::STCO//NOMC
and:
NOMC
or
TRAN
London:
NOMC:
Added in SR2010
When no automatic market claim should be
automatically generated (in case of migration for
example) - Only reported if present in the client's
MT54I instruction
TRAN:
Added in SR2011
Flag used to identify a transaction resulting from a
transformation
98a
M
SETT
Date/Time
98A
O
TRAD
Date
70E
M/O
SPRO
Settlement Instruction
Processing Narrative
•
Option A: SETT followed by 98A:SETT//20000101
Settlement Date/Time.
•
Option B : SETT followed
by //UKWN (unknown) in
case we don’t have the date
or haven’t been abble to read
it.
In option A:
:98A::TRAD//19990125
•
Qualifier TRAD followed by
// with trade date/time at
which the deal was agreed.
Qualifier SPRO followed by ///
:70E::SPRO//TRAD/20001501
and one of the following codes:
• TDR
• TDM
• TDI
Trade date will be put in this tag always on the first
line as there are not other place to put it and as we
estimate the information necessary for our clients.
Additional narrative can be added depending on
branches from line 2.
114/122
•
•
•
•
•
•
London:
Used for Term DBV reporting to qualify each stock or
cash movement:
TDA
TDS
TDG
TDE
DBI
DBR
TDR: Term DBV return
DBR: Overnight DBV return
TDI: Term DBV Interest
DBI: Overnight DBV Interest
TDM: Term DBV Mark-to-Market
TDG: Term DBV Giver Recall Substitution
TDE: Term DBV Automated Eligibility Substitution
TDS: Term DBV Manual Substitution
TDA: Term DBV Adjustment
Optional Subsequence B1 : Settlement Parties :
The presence of the full settlement chain is highly recommended. The client of the counterparty is a mandatory information.
16R
95a
M
O/M
SETPRTY
REAG
Start and name of the block
Receiving agent Party
•
•
•
•
Qualifier SETPRTY
Option Q : REAG followed
name of your account at
Paribas.
Option P : REAG followed
by Bic code of the
counterparty
Option R: REAG followed by
Sicovam code with format
SICOnnn where nnn is the
Sicovam code (max 12
digits).
:16R: SETPRTY
:95Q::REAG//account’s title
or
:95P::REAG//PARBGB2LXXX
or
:95R::REAG/CRST/5IKAV
or
:95Q::REAG//MARKS AND
SPENCER UNIT TRUST
Mandatory for a Delivery
BNP Paribas London reports one qualifier REAG and
one qualifier DEAG in all MT548 messages; one of
these qualifiers is an option P:
:95P::DEAG//PARBGB2LXXX is always reported for
delivery transactions
:95P::REAG//PARBGB2LXXX is always reported for
receipt transactions
Option R is used for a CREST transaction
Option Q is used for a Unit Trust
:95R::REAG/PARB/CCSS is reported for a Stock
Withdrawal
16S
M
SETPRTY
End and name of the block
•
Qualifier SETPRTY
:16S:SETPRTY
16R
95a
M
O/M
SETPRTY
DEAG
Start and name of the block
Delivering agent Party
•
•
Qualifier SETPRTY
Option Q : DEAG followed
name of your account at
Paribas.
:16R: SETPRTY
:95P::DEAG//PARBFRPP
or
:95R::DEAG/SICO/030
or
Mandatory for a Receipt
London:
BNP Paribas London reports one qualifier REAG and
115/122
•
•
Option P : DEAG followed
by Bic code of the
counterparty or
Option R: DEAG followed by
Sicovam code with format
SICOnnn where nnn is the
Sicovam code (max 12
digits).
:95P::DEAG//PARBGB2LXXX
or
:95R::DEAG/CRST/ELKAV
or
:95Q::DEAG//AURORA
NOMINEES LIMITED
one qualifier DEAG in all settlement confirmations;
one of these qualifiers is an option P:
:95P::DEAG//PARBGB2LXXX is always reported for
delivery transactions
:95P::REAG//PARBGB2LXXX is always reported for
receipt transactions
Option R is used for a CREST transactions
Option Q is used for a Unit Trust
:95R::DEAG/PARB/CCSS is reported for a Stock
Deposit
16S
M
SETPRTY
End and name of the block
•
Qualifier SETPRTY
16R
95a
M
O/M
SETPRTY
BUYR
Or
SELL
Start and name of the block
Buyer or Seller
•
•
:16R: SETPRTY
Qualifier SETPRTY
:95P::BUYR//BICCODE1
Option Q : BUYR or SELL
followed name of your
account at Paribas.
Option P : BUYR or SELL
followed by Bic code of the
counterparty or
Option R: BUYR or SELL
followed by Sicovam code
with format SICOnnn where
nnn is the Sicovam code (max
12 digits).
•
•
:16S:SETPRTY
16S
M
SETPRTY
End and name of the block
•
Qualifier SETPRTY
:16S:SETPRTY
16R
95a
M
M
SETPRTY Start and name of the block
PSET
Place of Settlement
•
•
Qualifier SETPRTY
Option P : PSET followed by
BIC code of Central
Depository
:16R: SETPRTY
:95P::PSET//MOTIITMMXXX
:95P::PSET//SCLVESMM
Option P (UK):
•
PSET followed by //
and BIC code of Central
Depository for a CREST
transaction or a Stock
BUYR or SELL depending on the sens of the
transaction
London:
BUYR is reported for delivery instructions
SELL is reported for receipt instructions
Where no qualifier BUYR or SELL is quoted in the
original
MT54I
instruction,
the
settlement
confirmation will quote:
:95Q::BUYR(or SELL)//UNKNOWN BENEFICIARY
or
:95Q::BUYR(or SELL)//Unknown
Two types of trades are settled in Frankfurt:
FKV trades (settled at Clearstream Frankfurt) ;
NCS trades (trades settled in a different
depository).
For FKV trades, 95P::PSET//DAKVDEFF.
For NCS trades, 95P::PSET//CEDELULL.
London: For option P, CRSTGB22 or
CRSTGB22XXX
116/122
Withdrawal
Deposit
or
a
Stock
or Option Q:
•
RES for Residuals
•
PHYS for Physicals
•
UTM for Unit Trust
•
UTC for a Unit Trust
settling in CREST (not
live yet)
16S
M
SETPRTY End and name of the block
Or Option C:
• PSET//GB
•
Qualifier SETPRTY
:16S:SETPRTY
End of sequence B : Settlement Transaction Details
16S
M
SETTRAN
•
End and name of the block
Qualifier SETTRAN
:16S: SETTRAN
Optional Subsequence C : Additional Information :
Repo informations for Paris will be in this Sequence before Repo block available in MT548
16R
M
95a
O
16S
M
ADDINFO
Start and name of the block
•
Qualifier ADDINFO
:16R: ADDINFO
Not reported in London
:16S: ADDINFO
Repo Informations will be present in that field, waiting
for SWIFT evolution.
Not reported in London
Not reported in London
Party
ADDINFO
End and name of the block
•
Qualifier ADDINFO
117/122
List of codes and narratives reported in fields 25D, 24B and 70D:
Field 25D:
Qualifier
IPRC
IPRC
IPRC
IPRC
IPRC
IPRC
Code
CAND
CANP
CPRC
PACK
PPRC
REJT
Comments
Instruction has been cancelled
Pending cancellation
A cancellation request from your counterparty for this transaction is pending waiting for your cancellation request
Used for a Fund transfer in/out – acknowledgment of the client instruction – account is already open at the Transfer Agent
Processing of the transaction is pending
Instruction has been rejected for further processing
CPRC
CPRC
CPRC
CPRC
CAND
CANP
DEND
REJT
Cancellation has been completed
Cancellation is pending
Cancellation will not be executed
Cancellation has been rejected for further processing
MTCH
MTCH
MACH
NMAT
Instruction has been matched
Instruction has not been matched
SETT
SETT
PENF
PEND
Instruction is failing. Settlement at the instructed settlement date is not longer possible
Instruction is pending. Settlement at the instructed settlement date is still possible
Qualifier
CAND
CAND
Code
CANI
CANS
CAND
CAND
CAND
CAND
CANT
CANZ
CSUB
NARR
Comments
Instruction has been cancelled as per your request
Instruction has been cancelled by the settlement system – used for automatic cancellation of unmatched instructions after 30 days
or for orders centrally deleted by CREST (e.g. TDR orders)
Transformed, will never settled
Original instruction has been cancelled and replaced to allow a partial or split settlement
Instruction has been cancelled by the agent
See narrative field for reason
CANP
CANP
CONF
NARR
Awaiting confirmation of cancellation from the counterparty
See narrative field for reason
Field 24B:
118/122
DEND
DEND
DCAN
DSET
Cancellation request was denied since the instruction has already been cancelled
Cancellation request was denied because the instruction was already settled
NMAT
NMAT
NMAT
NMAT
NMAT
NMAT
NMAT
NMAT
NMAT
NMAT
NMAT
NMAT
NMAT
NMAT
NMAT
CMIS
DDAT
DDEA
DELN
DQUA
DSEC
DTRD
FRAP
ICAG
NARR
NCRR
PLCE
PODU
REGD
SETR
Matching instruction not found
Disagreement settlement date
Disagreement deal price
Disagreement direction of trade
Disagreement quantity
Disagreement security
Disagreement trade date
Disagreement payment type
Delivering or receiving agent (counterparty) does not match
See narrative field for reason
Disagreement currency settlement amount
Disagreement place of trade
Instruction has not been matched. It is a possible duplicate instruction
Registration details linked to the transaction are incorrect
Disagreement settlement transaction
PENF
PENF
PENF
PENF
PENF
PENF
PENF
PENF
PENF
PENF
BLOC
BYIY
CLAC
CMON
LACK
NARR
NCON
REFS
REGT
SBLO
Your account is blocked, no instruction can settle over the account
A buy-in procedure has started on the market
Insufficient deliverable financial instruments in counterparty’s account or counterparty does not hold financial instruments
Insufficient money in counterparty’s account
Insufficient deliverable financial instruments in your account
See narrative field for reason
Confirmation of settlement has not yet been received
Delivery/receipt was refused because physical financial instruments are not in good order
Certificate rejected (used for stock deposits rejected by the registrar)
Financial instruments are blocked due to a corporate action event, realignment, etc…
PEND
PEND
PEND
PEND
PEND
DOCC
NARR
NCON
PART
SBLO
Awaiting documents, registration instruction or endorsements from counterparty
See narrative field for reason
Confirmation of settlement has not yet been received
Trade will settle in partials
Financial instruments are blocked due to a corporate action event, realignment, etc…
119/122
PPRC
PPRC
NARR
CAIS
See narrative field for reason
Awaiting securities
REJT
REJT
REJT
REJT
REJT
REJT
REJT
DQUA
DEPT
ICUS
NARR
NRGM
SDUT
SETS
Unrecognised or invalid settlement quantity
Place of settlement rejection
Unrecognised or invalid receiving or delivering custodian
See narrative field for reason
Cancellation request has been rejected since none or more than one instruction matches to the cancellation criteria
Required stamp duty information is missing – added in SR2010
Settlement system/Method rejection
Field 70D:
Qualifier
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
Narrative
Account not open at TA
Already cancelled, can't comply
Already settled, can't comply
Application form sent to TA
AWAITING SECURITIES FROM CPTY
BUY IN PROCEDURE HAS STARTED
CA trnsfrmtion. Pls contact CA team
CANCELLATION PENDING
CANCELLED BY US,FORMATTED INCORRECTLY
CANCELLED WILL NEVER SETTLE
Can't find original instruction
Centrally deleted by CREST
CP HAS NOT YET CONFIRMED CANCELLATI
Cpty Disagrees With Settle Currency
CPTY HAS DIFFERENT QUANTITY
CPTY HAS DIFFERENT TRADE DATE CPTY HAS DIFFERENT CASH
cpty has different settlement date
COMPLEX FUNDS NOT PART OF THE AGREED SERVICE Disagreement in Stock Loan Margin
DISAGREEMENT IN DEAL PRICE
email sent to you today
120/122
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
with further details
FAILED AT SSE
FAILED, BLOCKED CAP
FAILED, BLOCKED CENTRAL BANK
FAILED, BLOCKED CMA
FAILED, BLOCKED CSD
FAILED, BLOCKED CURRENCY
FAILED, BLOCKED MEMBER ACCOUNT
FAILED, BLOCKED PARTICIPANT ACCOUNT
FAILED, BLOCKED PAYMENT BANK
FAILED, BLOCKED SECURITY
Matched and actioned
Matched awaiting CCSS/Buyer Accept
MATCHED CPY LACKS MONEY
MATCHED CPY LACKS POSITION
MATCHED YOU LACK STOCK
Matched, we deleted before accept
Matched, we deleted before ISD
Matched, we deleted delayed trade
Missing stamp duty information - was added in SR2010
No Matching started
NOT YET PREMATCHED
Order from orig. instr. not found
PENDING WAITING FOR C/P ANSWER
PENDING WAITING FOR SC/CPTY ANSWER
POSITION FROZEN
Possible Duplicate Instruction
Problem in Cash
SEE NARRATIVE FOR FURTHER DETAILS
Settled but bad delivered
STF received and matched STF sent to UTM for processing
STF sent to counterp for processing Trade cancelled 30 days after ISD
Transaction Matched but Delayed
Transaction netted, will not settle
Transaction split before matching
121/122
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
70D::REAS//
Transaction split, will not settle
Transformed, transaction delayed
Transformed, transaction ready
Transformed, will never settled
Unmatched, alleged by us
YOUR INSTRUCTION HAS BEEN CANCELLED
UTM contacted re transfer
122/122