20140116 - Instruction formats NBB › sites › default › files › content...Apr il 201 4 Page 4 of 146 7.1 SWIFT protocol 65 7.2 RNI protocol 70 7.3 X-TRM proprietary format 72

Monte Titoli Instruction formats for Cross Border links

April 2014 Version

April 2014

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1.0 Introduction 6

2.0 Austria - OeKB 7

2.1 SWIFT protocol 7 2.2 RNI protocol 12 2.3 X-TRM proprietary format 14

3.0 Belgium - Euroclear Belgium (ESES) 18


4.0 Belgium – National Bank of Belgium (NBB) 29


5.0 France - Euroclear France (ESES) 40


6.0 Germany - Clearstream Banking Frankfurt 51


7.0 Luxembourg – VP Lux 65

Contents

April 2014

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8.0 Netherlands - Euroclear Nederland (ESES) 76


9.0 Spain - Iberclear 87

9.1 SWIFT protocol 87 9.2 RNI protocol 91

10.0 Switzerland – SIX SIS 93


11.0 UK and Ireland - Euroclear UK&Ireland (operated by Citi) 104


12.0 United States - DTCC 115

12.1 SWIFT protocol 115 12.2 RNI protocol 119

13.0 Euroclear Bank 121


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14.0 Clearstream Banking Luxembourg132


Appendix 143

Custody systems codes 143

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1.0 Introduction

This document contains a detailed description of the instruction formats for all the markets

served by Monte titoli, within its Cross Border Securities Services (CBSS).

A specific chapter will be dedicated to each market, covering all technical protocols available.

The following markets are covered:

• Domestic CSDs:

o Austria - OeKB

o Belgium - Euroclear Belgium (ESES)

o Belgium - National ank of Belgium (NBB)

o France - Euroclear France (ESES)

o Germany - Clearstream Banking Frankfurt

o Netherlands - Euroclear Nederland (ESES)

o Spain - Iberclear

o Switzerland - SIX SIS

o UK and Ireland - Euroclear UK&Ireland (operated by Citi)

o United States - DTCC

• International CSDs:

o Euroclear Bank

o Clearstream Banking Luxembourg

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2.0 Austria - OeKB

Monte Titoli has a DvP link in place with Austria's domestic CSD, OeKB.

The following instruction types can be managed through the link, using the indicated protocols:

• Delivery Free of Payment:

o SWIFT message MT542

o RNI message 710

o X-TRM proprietary format message

• Receive Free of Payment:



• Delivery Against Payment:



• Receive Against Payment:



2.1 SWIFT protocol

2.1.1 MT540/1/2/3 – Receive/Deliver Free of/Against Payment

Sequence A – General information MANDATORY

M/O

for

SWIFT

Tag Qualifier Format M/O for

Monte

Titoli

Notes

M :16R: GENL

M :20C: SEME :4!c//16x M REFERENCE-CODE:

it must contain the unique message ID

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M :23G: NEWM

CANC

:4!c M MESSAGE FUNCTION:

NEWM for new messages

CANC for cancellations

Sub-sequence A1 – Linkages This occurrence is MANDATORY for X-TRM, only for cancellations

M :16R: LINK

M :20C: PREV :4!c//16x M PREVIOUS MESSAGE REFERENCE:

Only for cancellations, it must contain the X-TRM reference

of the instruction that needs to be cancelled (max 6

alphanumerics)

M :16S: LINK

End of Sub-sequence A1

Sub-sequence A1 – Linkages MANDATORY

M :16R: LINK

M :20C: TRRF :4!c//16x M DEAL REFERENCE:

it must contain the instruction ID assigned by the user

M :16S: LINK


M :16S: GENL

End of Sequence A

Sequence B – Trade details MANDATORY

M :16R: TRADDET

M :98C: SETT

:4!c//8!n6!n M SETTLEMENT DATE:

This format allows to indicate settlement date and

settlement Time Out. Time Out is not applicable for CBSS,

so it must be filled in with zeroes, e.g.:

:SETT//20110823000000

O :98A: TRAD :4!c//8!n M TRADE DATE:

e.g.:

:TRAD//20011023

M :35B: [ISIN1!e12!c] M ISIN CODE:

ISIN code of the financial instrument

M :16S: TRADDET

End of sequence B

Sequence C – Financial Instrument/Account MANDATORY

M :16R: FIAC

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M :36B: SETT :4!c//4!c/15d M QUANTITY OF FINANCIAL INSTRUMENT: it can be

expressed either as units number (UNIT) or face amount

(FAMT). It can contain maximum 11 integers and 3 decimals

M :97B: SAFE/MOTI/CEND :4!c/[8c]/4!c/35x M SECURITY SETTLEMENT ACCOUNT:

The issuer code must mandatorily contain the word ‘MOTI’.

The account type code must be ‘CEND’

The settlement account number (35x) contains the following

data, separated by a “-“:

• Settlement system code (‘O’ for OeKB)

• Code of the custody system of the counterparty (see table in Appendix)

• Account code of the counterparty at the cross-border custody system

• BIC code of the beneficiary /customer of the counterparty (opt.)

• Account code of the beneficiary /customer of the counterparty (opt.)

• Account code of the trading member at Monte Titoli (opt.)

M :16S: FIAC

End of sequence C

Sequence E – Settlement details MANDATORY

M :16R: SETDET

M :22F: SETR :4!c/[8c]/4!c M TYPE OF SETTLEMENT TRANSACTION INDICATOR:

It must contain DSS ‘MOTI’ and Indicator ‘OCTC’, i.e.:

:SETR/MOTI/OCTC

O :22F: TRCA :4!c//4!c M PARTY CAPACITY INDICATOR:

‘SPRI’ = own account

‘SAGE’ = third party account

Sub-sequence E1– Settlement parties MANDATORY

M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]

O PLACE OF SETTLEMENT:

this field is not taken into account by Monte Titoli

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O :70C: PACO :4!c//6*35x M PARTY NARRATIVE:

It contains codeword ‘COSL’ (settlement system code),

followed by fixed value ‘00’, i.e.:

:PACO//COSL:00

M :16S: SETPRTY

End of Sub-sequence E1


M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

O DELIVERING/RECEIVING AGENT:


REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:

It must contain DSS ‘MOTI’ and Indicator CODE ‘617’

(Monte Titoli), i.e.:

:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT543

M :16S: SETPRTY


Sub-sequence E1– Settlement parties OPTIONAL occurrence

M :16R: SETPRTY

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O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:

It is only mandatory when the trading member is different to

the sender of the message.

It is made of maximum 11 alphanumerics

The following coding types are admitted:

BIC code

+ 'MOTI' -> CED code

+ 'ITIT' -> ABI code

SELL

For messages

MT543

M :16S: SETPRTY


Sub-sequence E3 – Amounts MANDATORY

M :16R: AMT

M :19A: SETT

:4!c//[N]3!a15d M SETTLEMENT AMOUNT:

It is the countervalue of the instruction (max 11 integers and

3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

April 2014

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2.2 RNI protocol

2.2.1 710 – Delivery Free of Payment

IDC DESCRIPTION FORMAT EXAMPLE NOTES

01 MESSAGE TYPE “3”b 01:710 Fixed value

040 SENDER “5”n(/”5”n/”2”b) 040:60394 ABI code

050 RECEIVER “5”n(/”5”n/”2”b) 050:12930 Fixed value (Monte

Titoli)

031 REFERENCE DATE “6”n 031:260711 DDMMYY

020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526

751 FORM NUMBER “9”n 751:861551018 Unique code per

instruction and

intermediary

717 REFERENCES 20x 717:EOS1107200019405 Free text

706 PARTICIPANT CODE “7”n 706:8145100 Fixed value for OeKB

701 SECURITY CODE “14”b 701:AT000038611500 ISIN code + suffix

718 QUANTITY – NOMINAL VALUE 15n 718:3500000

741 TRANSFER INSTRUCTIONS 2 * 50x 741:MGTCBEBE Information for the

beneficiary – free text

759 ACTIVITY CODES 1b/1b E/1 Fixed value

774 BENEFICIARY CODE Q S 774:Q/22429 29107 Possible formats:

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Q: description

S: BIC code

778 INSTITUTIONAL CUSTOMER

FLAG

“1”x 778:S Fixed value

7E5 FOREIGN INTERMEDIARY CODE R

1b/29x

7E5:R/O Fixed value for OeKB

7E6 FOREIGN INTERMEDIARY

ACCOUNT CODE

B/35x 7E6:B/7204

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2.3 X-TRM proprietary format

2.3.1 Proprietary format message – Delivery/Receive Against/Free of Payment

LU 6.2 protocol is taken as an example:

DESCRIPTION TYPE LENGTH M/O NOTES

MARKET SOURCE A 3 M 'LU6'

TRADE TYPE ABBREVIATION A 3 M ‘CTC’

OPTION TYPE ABBREVIATION A 3 O Not applicable

ACTION REQUIRED A 1 M ‘I’ = input

‘C’ = cancellation

X-TRM IDENTIFIER A 6 O Only for cancellations

TRADE IDENTIFIER FOR THE TRADING

MEMBER

A 6 M Identifier assigned to the instruction by the

trading member

TRADING MEMBER IDENTIFIER A 11 M Code of the declaring trading member,

according to the type of coding specified

below

TRADING MEMBER TYPE OF CODING A 1 O ‘A’ = ABI

‘B’ = BIC

'C' = CED

SIGN A 1 O ‘A’ = deliver

'D' = receive

COUNTERPARTY IDENTIFIER A 11 M ‘617’ (CED code of Monte Titoli)

COUNTERPARTY TYPE OF CODING A 1 O 'C'

CODE OF THE TRADED SECURITY A 12 M ISIN code of the security

TYPE OF CODING OF THE TRADED

SECURITY

A 1 O 'I'

MARKET IDENTIFIER A 3 O 'FME'

NEGOTIATION TYPE OF THE TRADING

MEMBER

A 1 M ‘P’ = own account

‘T’ = third party account

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QUANTITY A 19 M 15 integers and 3 decimals (explicit decimal

comma)

PRICE A 15 O Not applicable

EXCHANGE RATE A 13 O Not applicable

SIGN OF THE COUNTERVALUE A 1 O Blank (assuming countervalue has opposite

sign with respect to quantity)

COUNTERVALUE A 16 O 0 for FoP transfers

Maximum 3 decimals (according to

settlement currency rules)

CODE OF THE SETTLEMENT CURRENCY A 3 O 'EUR'

TRADE DATE N 8 M YYYYMMDD

TRADE TIME N 6 O Not applicable

SETTLEMENT DATE N 8 M YYYYMMDD

END VALIDITY DATE N 8 O Not applicable

UNITARY ACCRUED INTEREST A 8 O Not applicable

OPTION PRICE A 10 O Not applicable

DATE OF PREMIUM OUTCOME N 8 O Not applicable

PREMIUM OPERATION IDENTIFIER A 6 O Not applicable

TRADING MEMBER'S CENTRAL

COUNTERPARTY CODE

A 11 O Not applicable


COUNTERPARTY CODE TYPE


TRADING MEMBER'S SETTLEMENT

AGENT CODE



AGENT CODE TYPE


CODE OF THE SETTLEMENT SYSTEM N 2 M ‘00’

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TRADING MEMBER'S CUSTODY SYSTEM

CODE

A 4 O ‘MOTI’

TRADING MEMBER'S SECURITY

SETTLEMENT ACCOUNT

A 35 O It contains the following data, separated by

a “-“:

• Settlement system code (‘O’ for OeKB)





• Account code of the trading member at Monte Titoli

TRADING MEMBER'S GENERAL

CLEARING MEMBER CODE



CLEARING MEMBER CODE TYPE


COSTS AMOUNT A 10 O Not applicable

COSTS DEBIT INDICATOR A 1 O Not applicable

COMMISSION TYPE A 1 O Not applicable

COMMISSION A 10 O Not applicable

INDICATOR FOR COMMISSION RATE A 1 O Not applicable

STAMP DUTY ISSUE INDICATOR A 1 O Not applicable

STAMP DUTY DEBIT INDICATOR A 1 O Not applicable

STAMP DUTY CATEGORY A 1 O Not applicable

CODE OF THE BENEFICIARY/ CUSTOMER

OF THE TRADING MEMBER


BUYER OF THE TRADING MEMBER CODE

TYPE

N 2 O Not applicable

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TRADING MEMBER'S ORDER IDENTIFIER A 20 O Not applicable

TRADING MEMBER'S ORDER DATE N 8 O Not applicable

FORWARD PRICE A 15 O Not applicable

FORWARD LEG'S STAMP DUTY DEBITING

INDICATOR


EXCHANGE RATE OF THE FORWARD

LEG


UNIT ACCRUED INTEREST OF THE

FORWARD LEG


SETTLEMENT DATE OF THE FORWARD

LEG


END VALIDITY DATE OF THE FORWARD

LEG


PRIORITY A 1 O Not applicable

TIME OUT A 4 O Not applicable

PRIORITY OF THE FORWARD LEG A 1 O Not applicable

TIME OUT OF THE FORWARD LEG A 4 O Not applicable

TRADING MEMBER BENEFICIARY A 35 O Not applicable

FILLER A 1 O

HOLD-RELEASE INDICATOR A 1 O Not applicable

SETTLEMENT CYCLE A 2 O Not applicable

CORPORATE ACTION INDICATOR A 1 O Not applicable

NEGATIVE UNIT ACCRUED INTEREST

INDICATOR



INDICATOR OF THE FORWARD LEG


COUNTERPARTY BENEFICIARY A 35 O Not applicable

FILLER A 118

April 2014

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3.0 Belgium - Euroclear Belgium (ESES)

Monte Titoli has a DvP link in place with Belgium's domestic CSD for equities and part of the

corporate debt, Euroclear Belgium (ESES platform).




o RNI message 710











3.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



April 2014

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M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC

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• Settlement system code (‘F’ for ESES platform)

• Code of the custody system of the counterparty (‘G’ for Euroclear Belgium)





M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]



April 2014

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:PACO//COSL:00

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

April 2014

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O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:





BIC code



SELL

For messages

MT543

M :16S: SETPRTY



M :16R: AMT

M :19A: SETT



3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

April 2014

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3.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary


706 PARTICIPANT CODE “7”n 706:8134600 Fixed value for

Euroclear Belgium

701 SECURITY CODE “14”b 701: BE000380118100 ISIN code + suffix




April 2014

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774 BENEFICIARY CODE Q S 774:Q/93251F Possible formats:

Q: description

S: BIC code


FLAG



1b/29x

7E5:R/G Fixed value for

Euroclear Belgium


ACCOUNT CODE

B/35x 7E6:B/00030

April 2014

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MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

April 2014

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COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

April 2014

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SETTLEMENT ACCOUNT


a “-“:


• Code of the custody system of the counterparty (‘G’ for Euroclear Belgium)























TYPE


April 2014

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INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

April 2014

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4.0 Belgium – National Bank of Belgium (NBB)

Monte Titoli has a DvP link in place with Belgium's domestic CSD for Government Bonds and

part of the corporate debt, the National Bank of Belgium (NBB).




o RNI message 710











4.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



April 2014

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M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC

April 2014

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• Settlement system code (‘L’ for NBB)

• Code of the custody system of the counterparty (‘L’ for NBB)





M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]



April 2014

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:PACO//COSL:00

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

April 2014

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O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:





BIC code



SELL

For messages

MT543

M :16S: SETPRTY



M :16R: AMT

M :19A: SETT



3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

April 2014

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4.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary



Euroclear Belgium

701 SECURITY CODE “14”b 701:BE00003009600 ISIN code + suffix




April 2014

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774 BENEFICIARY CODE Q S 774:Q/93251F Possible formats:

Q: description

S: BIC code


FLAG



1b/29x

7E5:R/L Fixed value for NBB


ACCOUNT CODE

B/35x 7E6:B/00030

April 2014

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MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

April 2014

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COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

April 2014

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SETTLEMENT ACCOUNT


a “-“:

• Settlement system code (‘L’ for NBB platform)

• Code of the custody system of the counterparty (‘L’ for NBB)























TYPE



April 2014

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INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

April 2014

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5.0 France - Euroclear France (ESES)

Monte Titoli has a DvP link in place with France's domestic CSD, Euroclear France (ESES

platform).




o RNI message 710











5.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



April 2014

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M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC

April 2014

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• Code of the custody system of the counterparty (‘F’ for Euroclear France)





M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]



April 2014

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:PACO//COSL:00

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

April 2014

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O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:





BIC code



SELL

For messages

MT543

M :16S: SETPRTY



M :16R: AMT

M :19A: SETT



3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

April 2014

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5.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary



Euroclear France

701 SECURITY CODE “14”b 701:FR000013000700 ISIN code + suffix




April 2014

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774 BENEFICIARY CODE Q S 774:Q/47591N Possible formats:

Q: description

S: BIC code


FLAG



1b/29x

7E5:R/F Fixed value for

Euroclear France


ACCOUNT CODE

B/35x 7E6:B/00030

April 2014

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MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

April 2014

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COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

April 2014

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SETTLEMENT ACCOUNT


a “-“:


• Code of the custody system of the counterparty (‘F’ for Euroclear France)























TYPE



April 2014

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INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

April 2014

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6.0 Germany - Clearstream Banking Frankfurt

Monte Titoli has a DvP link in place with Germany's domestic CSD, Clearstream Banking

Frankfurt (CBF).




o RNI message 710







6.1 SWIFT protocol

5.1.1 MT542 – Deliver Free of Payment


M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL


it must contain the keyword MOTI- followed by a string of 9

characters

M :23G: NEWM

:4!c M NEWM

April 2014

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O :98A: PREP :4!c//8!n M PREPARATION DATE

Sub-sequence A1 – Linkages MANDATORY for X-TRM

M :16R: LINK


it must contain the mandatory instruction number from

Monte Titoli composed of 9 numeric positions

M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98A: SETT :4!c//8!n M SETTLEMENT DATE:


M :35B: [ISIN1!e12!c]

[4*35]

M ISIN-CODE: the suffix must be mandatorily input with the

keyword SUFF: followed by the suffix in the first characters

of the first line of 35x

O :70E: SPRO :4!c//10*35

O

O

SETTLEMENT INSTRUCTION:

R717: references

R741:instructions

The max length of instructions must be of 100 characters on

three consecutive lines

M :16S: TRADDET

End of sequence B


M :16R: FIAC

April 2014

Page 53 of 146



(FAMT). It must contain maximum two decimals

M :97B: SAFE/MOTI/CEND :4!c/[8c]/4!c/35x M It represents the DELIVERING AGENT that is the

sender’s account:

It must mandatorily be a Monte Titoli participant code with

issuer code (DSS) MOTI

M :16S: FIAC

End of sequence C


M :16R: SETDET

M :22F: SETR :4!c/[8c]/4!c ACTIVITY CODE:

it must contain the data source scheme MOTI and activity

code 00E1


M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]

PLACE OF SETTLEMENT: this field is not taken into

account by Monte Titoli

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

:95P:

REAG

:4!c/8c/34x

:4!c//4!a2!a2!c[3!c]

M RECEIVING AGENT:

Option R: Data Source Scheme ‘DAKV’ plus code of the

foreign intermediary, in the CSD’s proprietary type of

coding.

Option P: it must contain the BIC Code of the foreign

counterpart

April 2014

Page 54 of 146

O :97B: :SAFE/DAKV/CEND

/

:4!c/[8c]/4!c/35x O SAFEKEEPING ACCOUNT: Data Source Scheme

‘DAKV’,type code ‘CEND’ plus code of foreign intermediary

account

M :16S: SETPRTY



M :16R: SETPRTY

M

:95Q:

:95P:

BUYR

:4!c/8c/34x

:4!c//4!a2!a2!c[3!c]

O BUYER (Party that receives the financial instrument).

If option Q is used, it contains the description of the

customer of the foreign intermediary that is the beneficiary

of the operation (format Q of the IDC 774)

If option P is used it must contain the Bic Code of the

foreign intermediary that is the beneficiary of the operation

M :16S: SETPRTY


M :16S: SETDET

End of Sequence E

5.1.2 MT540 – Receive Free of Payment

Customers are automatically credited of the incoming securities without need of instructing,

conditional the correct format of the instruction of the counterpart.

April 2014

Page 55 of 146

5.1.3 MT541/3 – Receive/Deliver Against Payment


M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

April 2014

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M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC









• Settlement system code (‘A’ for CBF)






M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC

April 2014

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M :16R: SETPRTY

M :95P: PSET :4!c//4!a2!a2!c[3!c] O PLACE OF SETTLEMENT:





:PACO//COSL:00

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M :95R: SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



April 2014

Page 58 of 146

BUYR

For messages

MT543

:BUYR/MOTI/617

Or

:SELL/MOTI/617

M :16S: SETPRTY



M :16R: SETPRTY

O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:





BIC code



SELL

For messages

MT543

M :16S: SETPRTY



M :16R: AMT

M :19A: SETT :4!c//[N]3!a15d M SETTLEMENT AMOUNT:


3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

April 2014

Page 59 of 146

6.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary


706 PARTICIPANT CODE “7”n 706:8131800 Fixed value for CBF

701 SECURITY CODE “14”b 701:DE000352796800 ISIN code + suffix




April 2014

Page 60 of 146




Q: description

S: BIC code


FLAG



1b/29x

S

1b/”4”b/”

2”b/”2”b(

/”3”b)

7E5:R/MGTCBEBE Possible formats:

R: CSD proprietary

code

S: BIC code


ACCOUNT CODE

B/35x 7E6:B/7204

7E7 SETTLEMENT DATE “8”n 7E7:20072011 DDMMYYYY

7E8 TRADE DATE “8”n 7E8:20072011 DDMMYYYY

April 2014

Page 61 of 146












MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

April 2014

Page 62 of 146






COUNTERVALUE A 16 O Maximum 3 decimals (according to












COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

April 2014

Page 63 of 146



SETTLEMENT ACCOUNT


a “-“:

• Settlement system code (‘A’ for CBF)
























TYPE



April 2014

Page 64 of 146





INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

April 2014

Page 65 of 146

7.0 Luxembourg – VP Lux

Monte Titoli has a DvP link in place with Luxembourg's domestic CSD, VP Lux.




o RNI message 710











7.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



April 2014

Page 66 of 146

M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC

April 2014

Page 67 of 146









• Settlement system code (‘V’ for VP Lux)






M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]



April 2014

Page 68 of 146




:PACO//COSL:00

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

April 2014

Page 69 of 146

O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:





BIC code



SELL

For messages

MT543

M :16S: SETPRTY



M :16R: M :16R:

M :19A: M :19A:

M :16S: M :16S:


M :16S: M :16S:

End of Sequence E

April 2014

Page 70 of 146

7.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary


706 PARTICIPANT CODE “7”n 706:8575000 Fixed value for VP

Lux

701 SECURITY CODE “14”b 701:LU000193348900 ISIN code + suffix




April 2014

Page 71 of 146




Q: description

S: BIC code


FLAG



1b/29x

7E5:R/V Fixed value for VP

Lux


ACCOUNT CODE

B/35x 7E6:B/7204

April 2014

Page 72 of 146












MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

April 2014

Page 73 of 146



















COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

April 2014

Page 74 of 146



SETTLEMENT ACCOUNT


a “-“:

• Settlement system code (‘V’ for VP Lux)
























TYPE



April 2014

Page 75 of 146





INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

April 2014

Page 76 of 146

8.0 Netherlands - Euroclear Nederland (ESES)

Monte Titoli has a DvP link in place with the Netherlands' domestic CSD, Euroclear Nederland

(ESES platform).




o RNI message 710











8.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL

April 2014

Page 77 of 146



M :23G: NEWM

Documents

20140116 - Instruction formats NBB › sites › default › files › content...Apr il 201 4 Page 4 of 146 7.1 SWIFT protocol 65 7.2 RNI protocol 70 7.3 X-TRM proprietary format 72