SID: Possibility to specify BIC address in Xact Web Portal subscription
LuxCSD1 informs customers that effective
13 June 2022
it will be possible to specify the BIC address to be reported in the section TO of the SRDII ISO 20022 seev.045/046 messages.
Background
Currently the BIC address reported in the section TO is derived from the DN address used for the report subscription.
By updating the subscription in Xact Web Portal, it will be possible to enter a different BIC in the new field “Header to BIC” that will allow customers to further identify the recipient of the request.
Impact on customers
Entering a different BIC is optional. If left blank, current behaviour continues to apply.
Customers that have appointed a third party to receive SWIFT messages on their behalf may benefit from this change.
We kindly ask all customers with an active third-party provider to consider the new option in their message subscription.
Example
Current TO section of the seev.045/046 | New option for TO section of the seev.045/046 |
<SendrAddr>ou=xxx,o= LUXCLULL,o=swift</SendrAddr> <RecpAddr>ou=xxx,o=PROVIDER,o=swift</RecpAddr> […] <Fr> <FIId> <FinInstnId> <BICFI> LUXCLULL</BICFI> </FinInstnId> </FIId> </Fr> <To> <FIId> <FinInstnId> <BICFI>PROVIDERXXX</BICFI> </FinInstnId> </FIId> </To> […] | <SendrAddr>ou=xxx,o= LUXCLULL,o=swift</SendrAddr> <RecpAddr>ou=xxx,o=PROVIDER,o=swift</RecpAddr> […] <Fr> <FIId> <FinInstnId> <BICFI> LUXCLULL</BICFI> </FinInstnId> </FIId> </Fr> <To> <FIId> <FinInstnId> <BICFI>CUSTOMERXXX</BICFI> </FinInstnId> </FIId> </To> […] |
Further information
For further information, please contact the Clearstream Connectivity Helpdesk or your Relationship Manager.
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1. LuxCSD refers to LuxCSD S.A., registered office at 42, Avenue J.F. Kennedy, L-1855 Luxembourg, registered with the Luxembourg Trade and Companies Register under number B-154.449.