Portugal: Adaptation of Interbolsa’s system
Effective
immediately
following the adaptation of Interbolsa’s systems under the ColMS (that is, the collateral and operations management system) project of Banco do Portugal, the Portuguese CSD has implemented that the sending of the SWIFT settlement instructions must be populated on field 22F::SETR// :
- If the settlement instruction relates to an OTC trade : 22F::SETR//TRAD or Trade Settlement in CreationOnline;
- If the settlement instruction relates to a pledge : 22F::SETR//COLO or Collateral Out in CreationOnline;
- If the settlement instructions relates to a repo : 22F::SETR//REPU or Repo in CreationOnline.
We therefore kindly ask customers to send their settlement instructions including the corresponding field.