Instruction specifications - Xact Web Portal - CBF, CBL and LuxCSD - Italy

23.03.2018

In the following tables, M=Mandatory; O=Optional; C=Conditional.

Receive Free

O

Common ID a

Client reference

C

Settlement instruction processing additional details

/TAX/Tax identification number b

M

Trade date

 

Cc

Deal price

 

O

Trade transaction cond..

XCPN - Ex coupon or
CCPN - Cum coupon d

O

Sett. transaction cond.

NOMC - No automatic market claim d

O

Partial settlement e

PART - Partial allowed (default in T2S)
PARQ - Quantity threshold
NPAR - Partial not allowed

 

Delivering settlement parties

 

M

Depository Format

BIC

 

Depository Identifier

MOTIITMMXXX f

M

Party 1 Format

BIC

 

Party 1 Identifier

counterparty’s BIC

O

Party 1 Safekeeping account a

counterparty’s account in T2S

O

Party 2 Format

BIC

 

Party 2 Identifier

ordering party’s BIC

or

Party 2 Format a

Name

 

Party 2 Identifier

ordering party’s name

or

Party 2 Format a

Proprietary

 

Party 2 Issuer

ordering party’s proprietary (DSS) code

 

Party 2 Identifier

ordering party’s proprietary value

O

Party 2 Safekeeping account

ordering party's account

 

Receiving settlement parties

 

O

Depository Format

BIC

O

Depository Identifier

BIC of receiving settlement party depository

 

Party 1 Format

BIC

 

Party 1 Identifier

DAKVDEFFXXX

 

Party 1 Safekeeping account

(T2S SAC number)

MOTIDAKVDEFFXXX8131800

O

Party 2 Format

Buyer’s format: BIC, Name or Proprietaryg

 

Party 2 Issuer

If Format is Proprietary:

Buyer’s proprietary (DSS) code

 

Party 2 Identifier

Buyer’s BIC or Name or Proprietary value

Receive Against Payment

O

Common IDa

Client reference

C

Settlement instruction processing additional details

/TAX/Tax identification number b

M

Trade date

 

Cc

Deal price

 

O

Trade transaction cond.

XCPN - Ex coupon or
CCPN - Cum coupon d

O

Sett. transaction cond.

NOMC - No automatic market claim d

O

Partial settlement e

PART - Partial allowed (default in T2S)
PARQ - Quantity threshold
NPAR - Partial not allowed

 

Delivering settlement parties

 

M

Depository Format

BIC

 

Depository Identifier

MOTIITMMXXX f

M

 Party 1 Format

BIC

 

Party 1 Identifier

counterparty’s BIC

O

Party 1 Safekeeping account a

counterparty’s account in T2S

O

Party 2 Format

BIC

 

Party 2 Identifier

ordering party’s BIC

or

Party 2 Format a

Name

 

Party 2 Identifier

ordering party’s name

or

Party 2 Format a

Proprietary

 

Party 2 Issuer

ordering party’s proprietary (DSS) code

 

Party 2 Identifier

ordering party’s proprietary value

O

Party 2 Safekeeping account

ordering party's account

 

Receiving settlement parties

 

O

Depository Format

BIC

O

Depository Identifier

BIC of receiving settlement party depository

 

Party 1 Format

BIC

 

Party 1 Identifier

DAKVDEFFXXX

 

Party 1 Safekeeping account

(T2S SAC number)

MOTIDAKVDEFFXXX8131800

O

Party 2 Format

Buyer’s format: BIC, Name or Proprietary g

 

Party 2 Issuer

If Format is Proprietary:Buyer’s proprietary (DSS) code

 

Party 2 Identifier

Buyer’s BIC or Name or Proprietary value

Deliver Free

O

Common IDa

Client reference

C

Settlement instruction processing additional details

/TAX/Tax identification number b

M

Trade date

 

Cc

Deal price

 

O

Trade transaction cond.

XCPN - Ex coupon or
CCPN - Cum coupon d

O

Sett. transaction cond.

NOMC - No automatic market claim d

O

Partial settlement e

PART - Partial allowed (default in T2S)
PARQ - Quantity threshold
NPAR - Partial not allowed

 

Receiving settlement parties

 

M

 Depository Format

BIC

 

 Depository Identifier

MOTIITMMXXX f

M

 Party 1 Format

BIC

 

Party 1 Identifier

counterparty’s BIC

O

Party 1 Safekeeping account  a

counterparty’s account in T2S

O

Party 2 Format a

BIC

 

Party 2 Identifier

beneficiary’s BIC

or

Party 2 Format

Name

 

Party 2 Identifier

beneficiary’s name

or

Party 2 Format  a

Data source scheme

 

Party 2 Issuer

beneficiary’s proprietary (DSS) code

 

Party 2 Identifier

beneficiary’s proprietary value

O

Party 2 Safekeeping account

beneficiary’s account

 

Delivering settlement parties

 

O

Depository Format

BIC

O

Depository Identifier

BIC of delivering  settlement party depository

 

Party 1 Format

BIC

 

Party 1 Identifier

DAKVDEFFXXX

 

Party 1 Safekeeping account

(T2S SAC number)

MOTIDAKVDEFFXXX8131800

O

Party 2 Format

Seller’s format: BIC, Name or Proprietary g

 

Party 2 Issuer

If Format is Proprietary:

Seller’s proprietary (DSS) code

 

Party 2 Identifier

Seller’s BIC or Name or Proprietary value

Deliver Against Payment

O

Common IDa

Client reference

C

Settlement instruction processing additional details

/TAX/Tax identification number b

M

Trade date

 

Cc

Deal price

 

O

Trade transaction cond.

XCPN - Ex coupon or
CCPN - Cum coupon d

O

Sett. transaction cond.

NOMC - No automatic market claim d

O

Partial settlement e

PART - Partial allowed (default in T2S)
PARQ - Quantity threshold
NPAR - Partial not allowed

 

Receiving  Settlement parties

 

M

Depository Format

BIC

 

Depository Identifier

MOTIITMMXXX f

M

Party 1 Format

BIC

 

Party 1 Identifier

counterparty’s BIC

O

Party 1 Safekeeping account

counterparty’s account in T2S

O

Party 2 Format

BIC

 

Party 2 Identifier

beneficiary’s BIC

or

Party 2 Format

Name

 

Party 2 Identifier

beneficiary’s name

or

Party 2 Format a

Proprietary

 

Party 2 Issuer

beneficiary’s proprietary (DSS) code

 

Party 2 Identifier

beneficiary’s proprietary value

O

Party 2 safekeeping account

beneficiary’s  account

 

Delivering  Settlement parties

 

O

Depository Format

BIC

O

Depository Identifier

BIC of delivering settlement party depository

 

Party 1 Format

BIC

 

Party 1 Identifier

DAKVDEFFXXX

 

Party 1 Safekeeping account

(T2S SAC number)

MOTIDAKVDEFFXXX8131800

O

Party 2 Format

Seller’s format: BIC, Name or Proprietary g

 

Party 2 Issuer

If Format is Proprietary:

Seller’s proprietary (DSS) code

 

Party 2 Identifier

Seller’s BIC or Name or Proprietary value

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a. Optional matching fields.
b. The Tax Identification Number (TIN) is mandatory in instructions related to exempt omnibus beneficial owner accounts and to securities subject to the withholding tax system applicable as of 1 January 1997. It must be one of the TINs specified in the documentation received from the customer concerned - the self certification or other valid documentation required concerning an Italian company or partnership - and the exact format must be input.
c. Mandatory on instructions related to “strip” bonds to enable Clearstream Banking to calculate the substitutive tax.
d. Additional matching fields.
e. Only provide in order to prevent Partial settlement or to allow Partial settlement from a predefined cash or quantity threshold.
f. For cross-border transactions, the Place of Settlement must contain the BIC of the counterparty’s CSD.

g. This optional matching field will be forwarded as received. T2S will only match if provided with a BIC or proprietary code.