Instruction specifications CASCADE – France (CBF only)
In the following tables M=Mandatory; O=Optional; C=Conditional.
CASCADE - Deliver (KVEE/WE)
Deliver free
M | Last-Kto | T2S PARTY BIC of CBF participant (alternative 4-digit account master or 7-digit account) |
M | Gut-Kto | SICVFRPPXXX (alternative 4702000a) |
M | Schlusstag | Trade Date |
O | Referenz-Nr. | Common Trade Referenceb |
O | Partial Settl Indicator | PART or NPARc |
O | Opt-out | Empty(default) or “J” d |
O | Ex-trd | CCPN or XCPNd |
M | Empfaenger-P1 - BIC | Euroclear France participant T2S Party BIC11 |
O | Empfaenger-P1 - SAC | Euroclear France participant T2S Securities Account (SAC) |
O | Empfaenger-P2 - BIC | BIC11 of final beneficiary |
or | ||
O | Empfaenger-P2 - DSS | Party 2 DSS (EGSP) |
| Cg | Registrierungs Details | Registration Details |
Cg | BENE-IND (J/N) | Beneficial Owner Indicator (No) |
Note: Common Trade reference, Opt-out and Ex-trd indicators, P1-BIC11, P1-SAC, P2-BIC11 and P2-SAC and will be forwarded as matching relevant information to T2S.
Delivery against Payment (DvP), Delivery with Payment (DwP) and Payment Free of Delivery (PFoD DELI e)
M | Last-Kto | T2S PARTY BIC of CBF participant (alternative 4-digit account master or 7-digit account) |
M | Gut-Kto | SICVFRPPXXX (alternative 4702000a) |
M | Schlusstag | Trade Date |
O | Referenz-Nr. | Common Trade Referenceb |
O | Partial Settl Indicator | PART or NPARc |
O | Opt-out | Empty(default) or “J” d |
O | Ex-trd | CCPN or XCPNd |
M | Gegenwert | Cash amount (in EUR) f |
M | Empfaenger-P1 - BIC | Euroclear France participant T2S Party BIC11 |
O | Empfaenger-P1 - SAC | Euroclear France participant T2S Securities Account (SAC) |
O | Empfaenger-P2 - BIC | BIC11 of final beneficiary |
or | ||
O | Empfaenger-P2 - DSS | Party 2 DSS (EGSP) |
| Cg | Registrierungs Details | Registration Details |
Note: Common Trade reference, Opt-out and Ex-trd indicators, P1-BIC11, P1-SAC, P2-BIC11 and P2-SAC and will be forwarded as matching relevant information to T2S.
a. This account number can also be used for the delivery/receipt of German securities to/from local market participants.
b. Optional Matching field.
c. Only provide in order to prevent Partial Settlement.
d. Additional Matching field.
e. The cash receiving party instructs a securities delivery (PFoD DELI) with the securities nominal amount zero.
f. For a Delivery with Payment (DwP) instruction, the cash amount is entered with a negative (- sign) prefix.
g. For portfolio transfer of VON and LBS, customers must provide the Registration Details and the BENE-IND (J/N) with value “No” in the instruction specifications. For Delivery instructions, customers are expected to fill registration details along with the Delivering Settlement party details.
In case multiple Registration details are provided at different party levels, only the highest party level REGI details will be considered for Registration (party level 1 being the lowest and 5 being the highest).
For further details about the registration formats, please refer to « Settlement services French Registered Securities – France».
CASCADE - Receipt (KVEE/MI)
Receive Free
M | Gut-Kto | T2S PARTY BIC of CBF participant (alternative 4-digit account master or 7-digit account) |
M | Last-Kto | SICVFRPPXXX (alternative 4702000a) |
M | Schlusstag | Trade Date |
O | Referenz-Nr. | Common Trade Referenceb |
O | Partial Settl Indicator | PART or NPARc |
O | Opt-out | Empty(default) or “J” d |
O | Ex-trd | CCPN or XCPNd |
M | Lieferer-P1 - BIC | Euroclear France participant T2S Party BIC11 |
O | Lieferer-P1 - SAC | Euroclear France participant T2S Securities Account (SAC) |
O | Lieferer-P2 - BIC | BIC11 of final beneficiary |
or | ||
O | Lieferer-P2 - DSS | Party 2 DSS (EGSP) |
| Cg | Registrierungs Details | Registration Details |
Cg | BENE-IND (J/N) | Beneficial Owner Indicator (No) |
Note: Common Trade reference, Opt-out and Ex-trd indicators, P1-BIC11, P1-SAC, P2-BIC11 and P2-SAC and will be forwarded as matching relevant information to T2S.
Receive against payment (RvP), Receive with Payment (DwP) and Payment Free of Delivery (PFoD RECE e)
M | Gut-Kto | T2S PARTY BIC of CBF participant (alternative 4-digit account master or 7-digit account) |
M | Last-Kto | SICVFRPPXXX (alternative 4702000a) |
M | Schlusstag | Trade Date |
O | Referenz-Nr. | Common Trade Referenceb |
O | Partial Settl Indicator | PART or NPARc |
O | Opt-out | Empty(default) or “J” d |
O | Ex-trd | CCPN or XCPNd |
M | Gegenwert | Cash amount (in EUR) f |
M | Lieferer-P1 - BIC | Euroclear France participant T2S Party BIC11 |
O | Lieferer-P1 - SAC | Euroclear France participant T2S Securities Account (SAC) |
O | Lieferer-P2 - BIC | BIC11 of final beneficiary |
or | ||
O | Lieferer-P2 - DSS | Party 2 DSS (EGSP) |
| Cg | Registrierungs Details | Registration Details |
Note: Common Trade reference, Opt-out and Ex-trd indicators, P1-BIC11, P1-SAC, P2-BIC11 and P2- SAC and will be forwarded as matching relevant information to T2S.
a. This account number can also be used for the delivery/receipt of German securities to/from local market participants.
b. Optional Matching field.
c. Only provide in order to prevent Partial Settlement.
d. Additional Matching field.
e. The cash delivering party instructs a securities delivery (PFoD RECE) with the securities nominal amount zero.
f. For a Receive with Payment (RwP) instruction, the cash amount is entered with a negative (- sign) prefix.
g. For portfolio transfer of VON and LBS, customers must provide the Registration Details and the BENE-IND (J/N) with value “No” in the instruction specifications. For Receive instructions, customers are expected to fill registration details along with the Receiving Settlement party details.
In case multiple Registration details are provided at different party levels, only the highest party level REGI details will be considered for Registration (party level 1 being the lowest and 5 being the highest).
For further details about the registration formats, please refer to « Settlement services French Registered Securities – France».