 Option F |
:4!c/[8c]/4!c |
(Qualifier)(Data Source Scheme)(Indicator) |
Mandatory in mandatory sequence E
(Error code(s): T89)
| Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
| 1 |
M |
SETR |
N |
|
F |
Type of Settlement Transaction Indicator |
| 2 |
O |
STCO |
R |
C9 |
F |
Settlement Transaction Condition Indicator |
| 3 |
O |
STAM |
N |
|
F |
Stamp Duty Indicator |
| 4 |
O |
RTGS |
N |
|
F |
Securities Real-Time Gross Settlement Indicator |
| 5 |
O |
REGT |
N |
|
F |
Registration Indicator |
| 6 |
O |
BENE |
N |
|
F |
Beneficial Ownership Indicator |
| 7 |
O |
CASY |
N |
|
F |
Cash Settlement System Indicator |
| 8 |
O |
MACL |
N |
|
F |
Market Side Indicator |
| 9 |
O |
REPT |
N |
|
F |
Repurchase Type Indicator |
This qualified generic field specifies:
| BENE |
Beneficial Ownership Indicator |
Specifies whether there is change of beneficial ownership. |
| CASY |
Cash Settlement System Indicator |
Specifies what cash settlement system is instructed to be used. |
| MACL |
Market Side Indicator |
Specifies whether an instruction is for a market side or a client side transaction. |
| REGT |
Registration Indicator |
Specifies whether registration should occur upon receipt. |
| REPT |
Repurchase Type Indicator |
Specifies the type of repurchase transaction. |
| RTGS |
Securities Real-Time Gross Settlement Indicator |
Specifies whether the settlement transaction is to be settled through an RTGS or a non RTGS system. |
| SETR |
Type of Settlement Transaction Indicator |
Specifies underlying information regarding the type of settlement transaction. |
| STAM |
Stamp Duty Indicator |
Specifies the stamp duty type or exemption reason applicable to the settlement instruction. |
| STCO |
Settlement Transaction Condition Indicator |
Specifies the conditions under which the order/trade is to be settled. |
If Qualifier is SETR and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| BSBK |
Buy Sell Back |
Relates to a buy sell back transaction. |
| CNCB |
Central Bank Collateral Operation |
Relates to a collateral delivery/receipt to a National Central Bank for central bank credit operations. |
| COLI |
Collateral In |
Relates to a collateral transaction, from the point of view of the collateral taker or its agent. |
| COLO |
Collateral Out |
Relates to a collateral transaction, from the point of view of the collateral giver or its agent. |
| NETT |
Netting |
Relates to the netting of settlement instructions. |
| OWNE |
External Account Transfer |
Relates to an account transfer involving more than one instructing party (messages sender) and/or account servicer (messages receiver). |
| OWNI |
Internal Account Transfer |
Relates to an account transfer involving one instructing party (messages sender) at one account servicer (messages receiver). |
| PAIR |
Pair-Off |
Relates to a pair-off: the transaction is paired off and netted against one or more previous transactions. |
| PLAC |
Placement |
Relates to the placement/new issue of a financial instrument. |
| PORT |
Portfolio Move |
Relates to a portfolio move from one investment manager to another and/or from an account servicer to another. It is generally charged differently than another account transfer (OWNE, OWNI, INSP), hence the need to identify this type of transfer as such. |
| PREA |
Pre-Advice |
Relates to a pre-advice, that is for matching purposes only. |
| REAL |
Realignment |
Relates to a realignment of positions. |
| REDM |
Redemption (Funds) |
Relates to a redemption of Funds (Funds Industry ONLY). |
| REPU |
Repo |
Relates to a repurchase agreement transaction. |
| RVPO |
Reverse Repo |
Relates to a reverse repurchase agreement transaction. |
| SECB |
Securities Borrowing |
Relates to a securities borrowing operation. |
| SECL |
Securities Lending |
Relates to a securities lending operation. |
| SUBS |
Subscription (Funds) |
Relates to a subscription to funds (Funds Industry ONLY). |
| TRAD |
Trade |
Relates to the settlement of a trade. |
| TRPO |
Triparty Repo |
Relates to a triparty repurchase agreement. |
| TRVO |
Triparty Reverse Repo |
Relates to a triparty reverse repurchase agreement. |
| TURN |
Turnaround |
Relates to a turnaround: the same security is bought and sold to settle the same day, to or from different brokers. |
If Qualifier is REPT and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| CADJ |
Swap/Substitution |
Relates to a repo collateral substitution. |
| TOPU |
Top-Up |
Relates to a cover of securities position due to deficit of collateral following mark to market valuation. |
| WTHD |
Withdrawal |
Relates to a return of securities position due to excess of collateral following mark to market valuation. |
If Qualifier is STCO and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| CLEN |
Clean |
Tax-exempt financial instruments are to be settled. |
| DIRT |
Dirty |
Taxable financial instruments are to be settled. |
| DLWM |
Delivery Without Matching |
Matching receipt instruction not required (only for concerned ICSD and CSD). |
| DRAW |
Drawn |
Settlement transactions relates to drawn securities. |
| NOMC |
No Automatic Market Claim |
No market claim should be automatically generated. |
| NPAR |
No Partial Settlement Allowed |
Partial settlement is not allowed. |
| PART |
Partial Settlement Allowed |
Partial settlement is allowed. |
| PHYS |
Physical |
Securities are to be physically settled. |
| SPDL |
Special Delivery |
Settlement transactions to be settled with special delivery. |
| SPST |
Split Settlement |
Money and financial instruments settle in different locations. |
If Qualifier is STAM, the Data Source Scheme must be used to indicate the stamp duty type or reason, for example, in the United Kingdom and Ireland (CRST), in South Africa (STRA), etc.
If Qualifier is RTGS and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| NRTG |
Non-RTGS |
Settle through the non-RTGS system. If there is a standing instruction in place for settlement through the RTGS instruction, then this standing instruction is to be ignored. |
| YRTG |
RTGS |
Settle through the RTGS system. If there is a standing instruction in place for settlement through the non-RTGS system, then this standing instruction is to be ignored. |
If Qualifier is REGT and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| NREG |
Street Name |
Hold the securities in street name. If there is a standing instruction in place to register on receipt, then this standing instruction is to be ignored. |
| YREG |
Register |
Register on receipt. If there is a standing instruction in place to hold the securities in street name, then this standing instruction is to be ignored. |
If Qualifier is BENE and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| NBEN |
NCBO |
No Change of Beneficial Ownership (NCBO). If a standing instruction is in place for change of beneficial ownership (CBO), then this standing instruction is to be ignored. |
| YBEN |
CBO |
Change of Beneficial Ownership (CBO). If a standing instruction is in place for no change of beneficial ownership (NCBO), then this standing instruction is to be ignored. |
If Qualifier is CASY and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| GROS |
Gross Settlement System |
Settle money through gross settlement system. |
| NETS |
Net Settlement System |
Settle money through net settlement system. |
If Qualifier is MACL and Data Source Scheme is not present, Indicator must contain one of the following codes (Error code(s): K22):
| CLNT |
Client Side |
Instruction is for a client side transaction. |
| MAKT |
Market Side |
Instruction is for a market side transaction. |
The code PREA with the Qualifier SETR is to be used only in communications between (I)CSDs and their participants.
The conditions of the use of the codes for the qualifiers BENE, CASY, REGT, REPT, RTGS and STCO must be pre-agreed between account owner and account.
The cash settlement system codes are to be used only by agents directly involved in the settlement process, such as local settlement agents, CSD's and central banks.
The use of settlement transaction type codes REAL and NETT, is governed by the existence of a bilateral agreement.
