MT 304 Format Specifications

The MT 304 consists of five sequences:

• Sequence A General Information contains general information about the transaction.

• Sequence B Forex Transaction Details contains information about the foreign exchange transaction.

• Sequence C Optional General Information contains additional information about the transaction.

• Sequence D Accounting Information provides information needed for accounting purposes.

• Sequence E Net Amount to be Settled provides information related to the net amount to be settled.

MT 304 Advice/Instruction of a Third Party Deal

Status	Tag	Field Name	Content/Options	No.
Mandatory Sequence A General Information
M	15A	New Sequence	Empty field	1
M	20	Sender's Reference	16x	2
O	21	Related Reference	16x	3
M	22A	Type of Operation	4!c	4
M	94A	Scope of Operation	4!c	5
O	17O	Open Indicator	1!a	6
O	17F	Final Close Indicator	1!a	7
O	17N	Net Settlement Indicator	1!a	8
M	83a	Fund	A, D, or J	9
M	82a	Fund Manager	A, D, or J	10
M	87a	Executing Broker	A, D, or J	11
O	81a	Central Counterparty Clearing House (CCP)	A, D, or J	12
O	89a	Clearing Broker	A, D, or J	13
O	17I	Payment versus Payment Settlement Indicator	1!a	14
O	77H	Type, Date, Version of the Agreement	6a[/8!n][//4!n]	15
O	14C	Year of Definitions	4!n	16
O	32E	Settlement Currency	3!a	17
O	30U	Valuation Date	8!n	18
----->
O	14S	Settlement Rate Source	3!a2n[/4!n/4!c]	19
-----|
O	21A	Reference to Opening Instruction	16x	20
O	14E	Clearing or Settlement Session	35x	21
End of Sequence A General Information
Mandatory Sequence B Forex Transaction Details
M	15B	New Sequence	Empty field	22 17
M	30T	Trade Date	8!n	23 18
M	30V	Value Date	8!n	24 19
M	36	Exchange Rate	12d	25 20
Mandatory Subsequence B1 Amount Bought
M	32B	Currency, Amount Bought	3!a15d	26 21
M	53a	Delivery Agent	A, D, or J	27 22
O	56a	Intermediary	A, D, or J	28 23
O	57a	Receiving Agent	A, D, or J	29 24
End of Subsequence B1 Amount Bought
Mandatory Subsequence B2 Amount Sold
M	33B	Currency, Amount Sold	3!a15d	30 25
O	53a	Delivery Agent	A, D, or J	31 26
O	56a	Intermediary	A, D, or J	32 27
M	57a	Receiving Agent	A, D, or J	33 28
O	58a	Beneficiary Institution	A, D, or J	34 29
End of Subsequence B2 Amount Sold
End of Sequence B Forex Transaction Details
Optional Sequence C Optional General Information
M	15C	New Sequence	Empty field	35 30
O	21A	Reference to the Associated Trade	16x	36 31
O	21G	Executing Broker's Reference	16x	37 32
-----> Optional Repetitive Subsequence C1 Unique Transaction Identifier
M	22L	Reporting Jurisdiction	35x	38 33
M	22M	UTI Namespace/Issuer Code	30x	39 34
M	22N	Transaction Identifier	32x	40 35
-----> Optional Repetitive Subsequence C1a Prior Unique Transaction Identifier
M	22P	PUTI Namespace/Issuer Code	30x	41 36
M	22R	Prior Transaction Identifier	32x	42 37
-----| End of Subsequence C1a Prior Unique Transaction Identifier
-----| End of Subsequence C1 Unique Transaction Identifier
O	22U	Underlying Product Identifier	6a	43 38
O	35B	Identification of Financial Instrument	[ISIN1!e12!c] [4*35x]	44
O	22V	Execution Venue	35x	45 39
O	98D	Execution Timestamp	8!n6!n[,3n][/[N]2!n[2!n]]	46 40
O	98G	Confirmation Timestamp	8!n6!n[,3n][/[N]2!n[2!n]]	47 41
O	98H	Clearing Timestamp	6!n[,3n][/[N]2!n[2!n]]	48 42
O	29A	Contact Information	4*35x	49 43
O	72	Sender to Receiver Information	6*35x	50 44
End of Sequence C Optional General Information
Optional Sequence D Accounting Information
M	15D	New Sequence	Empty field	51 45
----->
M	21P	Reference to Previous Deals	16x	52 46
-----|
M	17G	Gain (Loss) Indicator	1!a	53 47
M	32G	Currency, Amount	3!a15d	54 48
O	34B	Commission and Fees - Currency and Amount	3!a15d	55 49
O	30F	Commission and Fees - Settlement Date	8!n	56 50
End of Sequence D Accounting Information
Optional Sequence E Net Amount to be Settled
M	15E	New Sequence	Empty field	57 51
M	17G	Gain (Loss) Indicator	1!a	58 52
M	32G	Currency, Amount	3!a15d	59 53
O	53a	Delivery Agent	A, D, or J	60 54
O	56a	Intermediary	A, D, or J	61 55
O	57a	Receiving Agent	A, D, or J	62 56
O	58a	Beneficiary Institution	A, D, or J	63 57
End of Sequence E Net Amount to be Settled
M = Mandatory, O = Optional - Network Validated Rules may apply