This message type is sent by a depositary bank or its authorised representative to an instructing party, eg, broker-dealer. It may also be sent by a custodian to the owner of a depositary receipt.
It is used to advise the status, or the change in status, of a depositary receipt transaction previously instructed by or executed on behalf of the Receiver.
It may also be used to:
reply to a request to cancel a depositary receipt instruction
reply to a request for status of a depositary receipt transaction
re-send a depositary receipt status and processing advice previously sent
provide a third party with a copy of the message being sent.