This report is used by the account servicer to report on all settled or booked transactions including affected cash and free movements.
In responding to a request for statement, the MT 549, and where the report is being sent outside the agreed on frequency, the linkage sequence must contain the reference to the MT 549 previously sent by the account owner.
Where the statement period contains only free asset movements, the opening and closing cash balances will be the same.
Where the report covers a single day's activities, the to and from dates in the statement period will be identical.
Where there is no activity in a currency, the opening and closing balances must be present and be equal. Where there is no activity in the account for the period for all currencies, each currency must be reported as having an opening and closing balance of the same amount.
Where a 'free' transaction is listed, the free asset activity sequence must be used. The following types of transactions must be identified in the following sequences:
 Types of transaction: |
Sequence: |
| Deliver Versus Payment |
Cash and Securities Movement Details sequence |
| Receive Versus Payment |
Cash and Securities Movement Details sequence |
| Free Asset Delivery |
Free Asset Movement sequence |
| Free Asset Receipt |
Free Asset Movement sequence |
| Securities Income (corporate action-transactions) cash and securities involved |
Cash and Securities Movement Details sequence |
| Securities Income (corporate action-transactions) no cash involved |
Free Asset Movement sequence |
| Securities Income (corporate action-transactions) only cash involved |
Cash Only Movement Details sequence |
| Cash Credit |
Cash Only Movement Details sequence |
| Cash Debit |
Cash Only Movement Details sequence |
The specification of the cash and safekeeping accounts is linked to combination accounts.
Where the report is sent for a given safekeeping account linked to one cash account (maintaining separate cash sub-accounts by currency), the safekeeping account must be specified in the general information sequence and not in the cash and securities movement details sequence nor in the Free Asset Movement sequence. The cash account activity sequence must appear only once.
Where the report is sent for a given safekeeping account linked to multiple cash accounts (maintaining separate cash sub-accounts by currency), the safekeeping account must be specified in the sequence General Information and not in the cash and securities movement details sequence nor in the free asset movement sequence. For each cash account an separate sequence Cash Account Activity must be used.
Where the report is sent for a given cash account (maintaining separate cash sub-accounts by currency) linked to multiple safekeeping accounts, the safekeeping account field must not be used in the sequence General Information but in the safekeeping account must be specified in each occurrence of the Cash and securities movement details sequence and in the free asset movement sequence. The cash account activity sequence must appear only once.
