Clearstream Banking1 reminds customers that when instructing in T2S for Austrian securities they must instruct using the counterparty’s new T2S account number, otherwise the instruction will be rejected by T2S.
Please do not instruct using a settlement date before 6 February 2017 otherwise the instruction will be rejected in T2S. Please use a settlement date of 6 February 2017 or later.
Xact via SWIFT and Xact File Transfer – Austria
Receive Free / Against Payment
Mandatory :95P::DEAG//Counterparty’s BIC8 or BIC11
Optional :97A::SAFE//OCSDxxxxxx Counterparty’s account in T2S
Deliver Free / Against Payment
Mandatory :95P::REAG//Counterparty’s BIC8 or BIC11
Optional :97A::SAFE //OCSDxxxxxx Counterparty’s account in T2S
Creation Online
Receive Free / Against Payment
Mandatory Delivering Agent Counterparty’s BIC8 or BIC11
Optional Account OCSDxxxxxx Counterparty’s account in T2S
Deliver Free / Against Payment
Mandatory Receiving Agent Counterparty’s BIC8 or BIC11
Optional Account OCSDxxxxxx Counterparty’s account in T2S
Instruction specifications - Xact via SWIFT and Xact File Transfer – Austria
MT540
Receive Free
Seq
O
:20C:
:COMM
//common referencea
A1
M
:98a:
:TRAD
//Trade date/time
B
O
:22F:
:TTCO
//CCPN or XCPNb
O
:22F:
:STCO
//NPARc
E
O
:22F:
:STCO
//NOMCc
M
:95P:
:PSET
//OCSDATWWXXX
E1
M
:95P:
:DEAG
//Counterparty’s BIC8 or BIC11 d
O
:97A:
:SAFEa
//OCSDxxxxxx Counterparty’s account in T2S
O
:95P:
:SELLa
//Ordering party’s BIC8 or BIC11, if different from DEAG d
or
:95Q:
:SELL
//Ordering party’s name, if different from DEAG
or
:95R:
:SELLa
//Ordering party’s proprietary code, if different from DEAG
O
:97A:
:SAFE
//Ordering party’s account
O
:95a:e
:BUYR
//Beneficiary
MT541
Receive Against Payment
Seq
O
:20C:
:COMM
//common referencea
A1
M
:98a:
:TRAD
//Trade date/time
B
O
:22F:
:TTCO
//CCPN or XCPNb
O
:22F:
:STCO
//NPARc
E
O
:22F:
:STCO
//NOMCb
M
:95P:
:PSET
//OCSDATWWXXX
E1
M
:95P:
:DEAG
//Counterparty’s BIC8 or BIC11d
O
:97A:
:SAFEa
//OCSDxxxxxx Counterparty’s account in T2S
O
:95P:
:SELLa
//Ordering party’s BIC8 or BIC11, if different from DEAG d
or
:95Q:
:SELL
//Ordering party’s name, if different from DEAG
or
:95R:
:SELLa
//Ordering party’s proprietary code, if different from DEAG
O
:97A:
:SAFE
//Ordering party’s account
O
:95a:e
:BUYR
//Beneficiary
MT542
Deliver Free
Seq
O
:20C:
:COMM
//common referencea
A1
M
:98a:
:TRAD
//Trade date/time
B
O
:22F:
:TTCO
//CCPN or XCPNb
O
:22F:
:STCO
//NPARc
E
O
:22F:
:STCO
//NOMCb
M
:95P:
:PSET
//OCSDATWWXXX
E1
M
:95P:
:REAG
//Counterparty’s BIC8 or BIC11 d
O
:97A:
:SAFEa
//OCSDxxxxxx Counterparty’s account in T2S
O
:95P:
:BUYRa
//Beneficiary’s BIC8 or BIC11, if different from REAG d
or
:95Q:
:BUYR
//Beneficiary’s name, if different from REAG
or
:95R:
:BUYRa
//Beneficiary’s proprietary code, if different from REAG
O
:97A:
:SAFE
//Beneficiary’s account
O
:95a:e
:SELL
//Ordering Party
MT543
Deliver Against Payment
Seq
O
:20C:
:COMM
//common referencea
A1
M
:98a:
:TRAD
//Trade date/time
B
O
:22F:
:TTCO
//CCPN or XCPNb
O
:22F:
:STCO
//NPARc
E
O
:22F:
:STCO
//NOMCb
M
:95P:
:PSET
//OCSDATWWXXX
E1
M
:95P:
:REAG
//Counterparty’s BIC8 or BIC11 d
O
:97A:
:SAFEa
//OCSDxxxxxx Counterparty’s account in T2S
O
:95P:
:BUYRa
//Beneficiary’s BIC8 or BIC11, if different from REAG d
or
:95Q:
:BUYR
//Beneficiary’s name, if different from REAG
or
:95R:
:BUYRa
//Beneficiary’s proprietary code, if different from REAG
O
:97A:
:SAFE
//Beneficiary’s account
O
:95a:e
:SELL
//Ordering Party
------------------------------------------
a. Optional matching fields.
b. Additional matching fields.
c. Only provide in order to prevent partial settlement. OeKB only accepts indicators COEX/PARQ and COEX/PARC when instructing in ISO20022.
d. If a customer uses a BIC8, Clearstream Banking shall be entitled to modify the BIC8 by adding the default XXX suffix to comply with T2S settlement rules. Accordingly, such customers remain liable for any settlement fails that the use of the BIC8 may cause.
e. This optional matching field will be forwarded as received. T2S will only match if provided with format BIC or proprietary. If a customer uses a BIC8, Clearstream Banking will add the default XXX suffix to comply with T2S settlement rules. If not present, Clearstream will default the customer’s matching BIC for the instructing account (refer to Announcement A16119).
Instruction specifications - CreationOnline - Austria
Receive Free
O
Common Referencea
O
Partial Settlementb
Partial allowed (default in T2S)
Partial not allowed
M
Trade Date
M
Place of Settlement
BIC
Party
OCSDATWWXXX - Austria
M
Delivering Agent
BIC
Party
Counterparty’s BIC
O
Accounta
OCSDxxxxxx Counterparty’s account in T2S
O
Sellera
BIC
Party
ordering party’s BIC
or
Seller
Name and Address
Party
ordering party’s Name
or
Sellera
Data source scheme
Party
ordering party’s proprietary code
O
Account
ordering party’s account
O
Other Parties
Type: Buyerc
Format: BIC, Name and Address or Data source scheme
O
Additional Indicators:
Type: Trade Transaction Condition Indicator
Code: Ex Coupon or Cum Coupond
O
Additional Indicators:
Type: Settlement Transaction Condition Indicator
Code: No Automatic Market Claimd
Receive Against Payment
O
Common Referencea
O
Partial Settlementb
Partial allowed (default in T2S)
Partial not allowed
M
Trade Date
M
Place of Settlement
BIC
Party
OCSDATWWXXX - Austria
M
Delivering Agent
BIC
Party
Counterparty’s BIC
O
Accounta
OCSDxxxxxx Counterparty’s account in T2S
O
Sellera
BIC
Party
ordering party’s BIC
or
Seller
Name and Address
Party
ordering party’s Name
or
Sellera
Data source scheme
Party
ordering party’s proprietary code
O
Account
ordering party’s account
O
Other Parties
Type: Buyerc
Format: BIC, Name and Address or Data source scheme
O
Additional Indicators:
Type: Trade Transaction Condition Indicator
Code: Ex Coupon or Cum Coupond
O
Additional Indicators:
Type: Settlement Transaction Condition Indicator
Code: No Automatic Market Claimd
Deliver Free
O
Common Referencea
O
Partial Settlementb
Partial allowed (default in T2S)
Partial not allowed
M
Trade Date
M
Place of Settlement
BIC
Party
OCSDATWWXXX - Austria
M
Receiving Agent
BIC
Party
Counterparty’s BIC
O
Accounta
OCSDxxxxxx Counterparty’s account in T2S
O
Buyera
BIC
Party
beneficiary’s BIC
or
Buyer
Name and Address
Party
beneficiary’s Name
or
Buyera
Data source scheme
Party
beneficiary’s proprietary code
O
Account
beneficiary’s account
O
Other Parties
Type: Sellerc
Format: BIC, Name and Address or Data source scheme
O
Additional Indicators:
Type: Trade Transaction Condition Indicator
Code: Ex Coupon or Cum Coupond
O
Additional Indicators:
Type: Settlement Transaction Condition Indicator
Code: No Automatic Market Claimd
Deliver Against Payment
O
Common Referencea
O
Partial Settlementb
Partial allowed (default in T2S)
Partial not allowed
M
Trade Date
M
Place of Settlement
BIC
Party
OCSDATWWXXX - Austria
M
Receiving Agent
BIC
Party
Counterparty’s BIC
O
Accounta
OCSDxxxxxx Counterparty’s account in T2S
O
Buyera
BIC
Party
beneficiary’s BIC
or
Buyer
Name and Address
Party
beneficiary’s Name
or
Buyera
Data source scheme
Party
beneficiary’s proprietary code
O
Account
beneficiary’s account
O
Other Parties
Type: Sellerc
Format: BIC, Name and Address or Data source scheme
O
Additional Indicators:
Type: Trade Transaction Condition Indicator
Code: Ex Coupon or Cum Coupond
O
Additional Indicators:
Type: Settlement Transaction Condition Indicator
Code: No Automatic Market Claimd
------------------------------------------
a. Optional matching fields.
b. Only provide in order to prevent partial settlement. OeKB only accepts indicators COEX/PARQ and COEX/PARC when instructing in ISO20022.
c. This optional matching field will be forwarded as received. T2S will only match if provided with format BIC or proprietary. If not present, Clearstream will default the customer’s matching BIC for the instructing account (refer to Announcement A16119).
d. Additional matching fields.
Further information
The Creation Link Guide Austria has been updated to clarify the instruction specifications.
For further information, please contact Clearstream Banking Client Services or your Relationship Officer.
----------------------------------
1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking Frankfurt customers using CreationOnline), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.