The following table lists all message types defined in Category 5.
For each message type, there is a short description, an indicator whether the message type is signed (Y/N), the maximum message length (2,000 or 10,000 characters) and whether the use of the message requires registration with SWIFT for use in a message user group (Y/N).
 MT |
MT Name |
Purpose |
Signed
(1) |
Max. Length |
MUG |
|---|---|---|---|---|---|
| 500 |
Instruction to Register |
Instructs the registration, deregistration or reregistration of a financial instrument at the registration provider |
Y |
10,000 |
N |
| 501 |
Confirmation of Registration or Modification |
Confirms the registration, reregistration or deregistration of a beneficial owner or shareholder with the registration provider. Confirm the modification of registration details |
Y |
10,000 |
N |
| 502 |
Order to Buy or Sell |
Instructs the purchase or sale of a given quantity of a specified financial instrument under specified conditions |
Y |
10,000 |
N |
| 503 |
Collateral Claim |
Requests new or additional collateral, or the return or recall of collateral |
Y |
10,000 |
Y |
| 504 |
Collateral Proposal |
Proposes new or additional collateral |
Y |
10,000 |
Y |
| 505 |
Collateral Substitution |
Proposes or requests the substitution of collateral held |
Y |
10,000 |
Y |
| 506 |
Collateral and Exposure Statement |
Provides the details of the valuation of both the collateral and the exposure |
Y |
10,000 |
Y |
| 507 |
Collateral Status and Processing Advice |
Advises the status of a collateral claim, a collateral proposal, or a proposal/request for collateral substitution |
Y |
10,000 |
Y |
| 508 |
Intra-Position Advice |
Reports on the movement of securities within the holding |
Y |
10,000 |
N |
| 509 |
Trade Status Message |
Provides information about the status of a previously executed trade |
Y |
10,000 |
N |
| 510 |
Registration Status and Processing Advice |
Advises the status of a registration instruction or modification, or the status of the registration process previously sent by the account owner |
Y |
10,000 |
N |
| 513 |
Client Advice of Execution |
Provides brief and early information about a securities deal, for example, a block trade that is to be allocated before final confirmation |
Y |
10,000 |
N |
| 514 |
Trade Allocation Instruction |
Instructs the allocation of a block trade |
Y |
10,000 |
N |
| 515 |
Client Confirmation of Purchase or Sale |
Provides a detailed accounting of financial instruments purchased or sold by the Sender on behalf of the Receiver or its client. It may also convey the payment details of the purchase or sale. It may also be sent by, or via an ETC service provider |
Y |
10,000 |
N |
| 516 |
Securities Loan Confirmation |
Confirms the details of a securities loan, including collateral arrangements. It may also confirm the details of a partial recall or return of securities previously out on loan |
Y |
2,000 |
N |
| 517 |
Trade Confirmation Affirmation |
Positively affirms the details of a previously received confirmation/contract note |
Y |
10,000 |
N |
| 518 |
Market-Side Securities Trade Confirmation |
Confirms the details of a trade and, where necessary, its settlement to a trading counterparty |
Y |
10,000 |
N |
| 519 |
Modification of Client Details |
Instructs the modification of client details at the registration provider |
Y |
10,000 |
N |
| 524 |
Intra-Position Instruction |
Instructs the movement of securities within the holding |
Y |
10,000 |
N |
| 526 |
General Securities Lending/Borrowing Message |
Requests the borrowing of securities or notifies the return or recall of securities previously out on loan. It may also be used to list securities available for lending |
Y |
2,000 |
N |
| 527 |
Triparty Collateral Instruction |
Performs a specific action on a collateral management transaction |
Y |
10,000 |
Y |
| 530 |
Transaction Processing Command |
Requests the modification of a processing indicator or other non-matching information. |
Y |
10,000 |
N |
| 535 |
Statement of Holdings |
Reports at a specified time, the quantity and identification of securities and other holdings which the account servicer holds for the account owner |
Y |
10,000 |
N |
| 536 |
Statement of Transactions |
Provides details of increases and decreases of holdings which occurred during a specified period |
Y |
10,000 |
N |
| 537 |
Statement of Pending Transactions |
Provides details of pending increases and decreases of holdings at a specified time. |
Y |
10,000 |
N |
| 538 |
Statement of Intra-Position Advices |
Provides details of increases and decreases in securities within the holding during a specified period |
Y |
10,000 |
N |
| 540 |
Receive Free |
Instructs a receipt of financial instruments free of payment. It may also be used to request a cancellation or preadvise an instruction |
Y |
10,000 |
N |
| 541 |
Receive Against Payment |
Instructs a receipt of financial instruments against payment. It may also be used to request a cancellation or preadvise an instruction |
Y |
10,000 |
N |
| 542 |
Deliver Free |
Instructs a delivery of financial instruments free of payment. It may also be used to request a cancellation or preadvise an instruction |
Y |
10,000 |
N |
| 543 |
Deliver Against Payment |
Instructs a delivery of financial instruments against payment. It may also be used to request a cancellation or preadvise an instruction |
Y |
10,000 |
N |
| 544 |
Receive Free Confirmation |
Confirms a receipt of financial instruments free of payment. It may also be used to cancel or reverse a confirmation |
Y |
10,000 |
N |
| 545 |
Receive Against Payment Confirmation |
Confirms a receipt of financial instruments against payment. It may also be used to cancel or reverse a confirmation |
Y |
10,000 |
N |
| 546 |
Deliver Free Confirmation |
Confirms a delivery of financial instruments free of payment. It may also be used to cancel or reverse a confirmation |
Y |
10,000 |
N |
| 547 |
Deliver Against Payment Confirmation |
Confirms a delivery of financial instruments against payment. It may also be used to cancel or reverse a confirmation |
Y |
10,000 |
N |
| 548 |
Settlement Status and Processing Advice |
Advises the status of a settlement instruction or replies to a cancellation request |
Y |
10,000 |
N |
| 549 |
Request for Statement/Status Advice |
Requests a statement or a status message |
Y |
10,000 |
N |
| 558 |
Triparty Collateral Status and Processing Advice |
Provides validation results and status advice re collateral instructions and proposed collateral movements |
Y |
10,000 |
Y |
| 559 |
Paying Agent's Claim |
Claims reimbursement of income or redemption proceeds, or a combination of both |
Y |
2,000 |
N |
| 564 |
Corporate Action Notification |
Provides an account owner with details of a corporate action event and the choices available to the account owner. It also provides the account owner with details on the impact a corporate action event will have on a safekeeping or cash account, for example, entitlement calculation |
Y |
10,000 |
N |
| 565 |
Corporate Action Instruction |
Instructs the custodian on the investment decision made by an account owner relative to a corporate action event |
Y |
10,000 |
N |
| 566 |
Corporate Action Confirmation |
Confirms to the account owner that securities and/or cash have been credited/debited to an account as a result of a corporate action event |
Y |
10,000 |
N |
| 567 |
Corporate Action Status and Processing Advice |
Indicates the status, or a change in status, of a corporate action-related transaction previously instructed by, or executed on behalf of, the account owner |
Y |
10,000 |
N |
| 568 |
Corporate Action Narrative |
Provides complex instructions or narrative details relating to a corporate action event |
Y |
10,000 |
N |
| 569 |
Triparty Collateral and Exposure Statement |
Provides the details of the valuation of both the collateral and the exposure |
Y |
10,000 |
Y |
| 574 IRSLST |
IRS 1441 NRA-IRS Beneficial Owners' List
(2) |
Provides owner or pooled income information for a period of time arranged between the intermediary and the withholding agent |
Y |
10,000 |
N |
| 574 W8BENO |
IRS 1441 NRA-Form W8-BEN
(3) |
Certifies the foreign status of a beneficial owner for United States tax withholding |
Y |
10,000 |
N |
| 575 |
Report of Combined Activity |
Reports on all securities and cash activity for a given combination of safekeeping and cash accounts |
Y |
10,000 |
Y |
| 576 |
Statement of Open Orders |
Provides details of orders to buy or to sell financial instruments, as at a specified date, which have been accepted by the Sender, but which have not yet been executed |
Y |
10,000 |
N |
| 577 |
Statement of Numbers |
Provides certificate numbers of securities |
Y |
10,000 |
N |
| 578 |
Settlement Allegement |
Advises the account owner that a counterparty has alleged a settlement instruction on the account owner's account |
Y |
10,000 |
N |
| 579 |
Certificate Numbers |
Replaces or supplements the 'certificate numbers' field in a primary message, for example, MT 577 |
Y |
2,000 |
N |
| 581 |
Collateral Adjustment Message |
Claims or notifies a change in the amount of collateral held against securities out on loan or for other reasons |
Y |
2,000 |
N |
| 586 |
Statement of Settlement Allegements |
Provides details of pending settlement allegements |
Y |
10,000 |
N |
| 590 |
Advice of Charges, Interest and Other Adjustments |
Advises an account owner of charges, interest or other adjustments to its account |
Y |
2,000 |
N |
| 591 |
Request for Payment of Charges, Interest and Other Expenses |
Requests payment of charges, interest or other expenses |
Y |
2,000 |
N |
| 592 |
Request for Cancellation |
Requests the Receiver to consider cancellation of the message identified in the request |
Y |
2,000 |
N |
| 595 |
Queries |
Requests information relating to a previous message or amendment to a previous message |
Y |
2,000 |
N |
| 596 |
Answers |
Responds to an MT 595 Queries or MT 592 Request for Cancellation or other message where no specific message type has been provided for the response |
Y |
2,000 |
N |
| 598 |
Proprietary Message |
Contains formats defined and agreed to between users and for those messages not yet live |
Y |
10,000 |
N |
| 599 |
Free Format Message |
Contains information for which no other message type has been defined |
Y |
2,000 |
N |
(1) A Relationship Management Application (RMA) authorisation is required in order to sign a message.
(2) The appropriate format validation of the IRS Beneficial Owners' List of the MT 574 IRS 1441 NRA is triggered by the code IRSLST in field 119 ({3:{119:IRSLST}}) of the user header of the message (block 3).
(3) The appropriate format validation of the IRS Form W8-BEN of the MT 574 IRS 1441 NRA is triggered by the code W8BENO in field 119 ({3:{119:W8BENO}}) of the user header of the message (block 3).
| Note: |
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