20150202 - Instruction formats NBB Ramses · 2015. 2. 2. · February 2015 Page 6 of 156 1...

Monte Titoli Instructions format for Cross Border links

February 2015 Version

February 2015

Page 3 of 156

1 Introduction 6

2 Austria - OeKB 7

2.1 SWIFT protocol 7 2.2 RNI protocol 12 2.3 X-TRM proprietary format 14

3 Belgium - Euroclear Belgium (ESES) 18


4 Belgium – National Bank of Belgium (NBB) 29


5 France - Euroclear France (ESES) 40


6 Germany - Clearstream Banking Frankfurt 51


7 Greece – Bank of Greece (BoG) 64

Contents

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8 Luxembourg – VP Lux 76


9 Netherlands - Euroclear Nederland (ESES) 87


10 Spain - Iberclear 98

10.1 SWIFT protocol 98 10.2 RNI protocol 102

11 Switzerland – SIX SIS 104


12 UK and Ireland - Euroclear UK&Ireland (operated by Citi) 115


13 United States - DTCC 126

13.1 SWIFT protocol 126 13.2 RNI protocol 130

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14 Euroclear Bank 132


15 Clearstream Banking Luxembourg 143


Appendix 154

Custody systems codes 154

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1 Introduction

This document contains a detailed description of the instruction formats for all the markets

served by Monte titoli, within its Cross Border Securities Services (CBSS).

A specific chapter will be dedicated to each market, covering all technical protocols available.

The following markets are covered:

• Domestic CSDs:

o Austria - OeKB

o Belgium - Euroclear Belgium (ESES)

o Belgium - National ank of Belgium (NBB)

o France - Euroclear France (ESES)

o Germany - Clearstream Banking Frankfurt

o Greece - National Bank of Greece (BoG)

o Netherlands - Euroclear Nederland (ESES)

o Spain - Iberclear

o Switzerland - SIX SIS

o UK and Ireland - Euroclear UK&Ireland (operated by Citi)

o United States - DTCC

• International CSDs:

o Euroclear Bank

o Clearstream Banking Luxembourg

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2 Austria - OeKB

Monte Titoli has a DvP link in place with Austria's domestic CSD, OeKB.

The following instruction types can be managed through the link, using the indicated protocols:

• Delivery Free of Payment:

o SWIFT message MT542

o RNI message 710

o X-TRM proprietary format message

• Receive Free of Payment:



• Delivery Against Payment:



• Receive Against Payment:



2.1 SWIFT protocol

2.1.1 MT540/1/2/3 – Receive/Deliver Free of/Against Payment

Sequence A – General information MANDATORY

M/O

for

SWIFT

Tag Qualifier Format M/O for

Monte

Titoli

Notes

M :16R: GENL

M :20C: SEME :4!c//16x M REFERENCE-CODE:

it must contain the unique message ID

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M :23G: NEWM

CANC

:4!c M MESSAGE FUNCTION:

NEWM for new messages

CANC for cancellations

Sub-sequence A1 – Linkages This occurrence is MANDATORY for X-TRM, only for cancellations

M :16R: LINK

M :20C: PREV :4!c//16x M PREVIOUS MESSAGE REFERENCE:

Only for cancellations, it must contain the X-TRM reference

of the instruction that needs to be cancelled (max 6

alphanumerics)

M :16S: LINK

End of Sub-sequence A1

Sub-sequence A1 – Linkages MANDATORY

M :16R: LINK

M :20C: TRRF :4!c//16x M DEAL REFERENCE:

it must contain the instruction ID assigned by the user

M :16S: LINK


M :16S: GENL

End of Sequence A

Sequence B – Trade details MANDATORY

M :16R: TRADDET

M :98C: SETT

:4!c//8!n6!n M SETTLEMENT DATE:

This format allows to indicate settlement date and

settlement Time Out. Time Out is not applicable for CBSS,

so it must be filled in with zeroes, e.g.:

:SETT//20110823000000

O :98A: TRAD :4!c//8!n M TRADE DATE:

e.g.:

:TRAD//20011023

M :35B: [ISIN1!e12!c] M ISIN CODE:

ISIN code of the financial instrument

M :16S: TRADDET

End of sequence B

Sequence C – Financial Instrument/Account MANDATORY

M :16R: FIAC

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M :36B: SETT :4!c//4!c/15d M QUANTITY OF FINANCIAL INSTRUMENT: it can be

expressed either as units number (UNIT) or face amount

(FAMT). It can contain maximum 11 integers and 3 decimals

M :97B: SAFE/MOTI/CEND :4!c/[8c]/4!c/35x M SECURITY SETTLEMENT ACCOUNT:

The issuer code must mandatorily contain the word ‘MOTI’.

The account type code must be ‘CEND’

The settlement account number (35x) contains the following

data, separated by a “-“:

• Settlement system code (‘O’ for OeKB)

• Code of the custody system of the counterparty (see table in Appendix)

• Account code of the counterparty at the cross-border custody system

• BIC code of the beneficiary /customer of the counterparty (opt.)

• Account code of the beneficiary /customer of the counterparty (opt.)

• Account code of the trading member at Monte Titoli (opt.)

M :16S: FIAC

End of sequence C

Sequence E – Settlement details MANDATORY

M :16R: SETDET

M :22F: SETR :4!c/[8c]/4!c M TYPE OF SETTLEMENT TRANSACTION INDICATOR:

It must contain DSS ‘MOTI’ and Indicator ‘OCTC’, i.e.:

:SETR/MOTI/OCTC

O :22F: TRCA :4!c//4!c M PARTY CAPACITY INDICATOR:

‘SPRI’ = own account

‘SAGE’ = third party account

Sub-sequence E1– Settlement parties MANDATORY

M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]

O PLACE OF SETTLEMENT:

this field is not taken into account by Monte Titoli

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O :70C: PACO :4!c//6*35x M PARTY NARRATIVE:

It contains codeword ‘COSL’ (settlement system code),

followed by fixed value ‘00’, i.e.:

:PACO//COSL:00

M :16S: SETPRTY

End of Sub-sequence E1


M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

O DELIVERING/RECEIVING AGENT:


REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:

It must contain DSS ‘MOTI’ and Indicator CODE ‘617’

(Monte Titoli), i.e.:

:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT543

M :16S: SETPRTY


Sub-sequence E1– Settlement parties OPTIONAL occurrence

M :16R: SETPRTY

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O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:

It is only mandatory when the trading member is different to

the sender of the message.

It is made of maximum 11 alphanumerics

The following coding types are admitted:

BIC code

+ 'MOTI' -> CED code

+ 'ITIT' -> ABI code

SELL

For messages

MT543

M :16S: SETPRTY


Sub-sequence E3 – Amounts MANDATORY

M :16R: AMT

M :19A: SETT

:4!c//[N]3!a15d M SETTLEMENT AMOUNT:

It is the countervalue of the instruction (max 11 integers and

3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

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2.2 RNI protocol

2.2.1 710 – Delivery Free of Payment

IDC DESCRIPTION FORMAT EXAMPLE NOTES

01 MESSAGE TYPE “3”b 01:710 Fixed value

040 SENDER “5”n(/”5”n/”2”b) 040:60394 ABI code

050 RECEIVER “5”n(/”5”n/”2”b) 050:12930 Fixed value (Monte

Titoli)

031 REFERENCE DATE “6”n 031:260711 DDMMYY

020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526

751 FORM NUMBER “9”n 751:861551018 Unique code per

instruction and

intermediary

717 REFERENCES 20x 717:EOS1107200019405 Free text

706 PARTICIPANT CODE “7”n 706:8145100 Fixed value for OeKB

701 SECURITY CODE “14”b 701:AT000038611500 ISIN code + suffix

718 QUANTITY – NOMINAL VALUE 15n 718:3500000

741 TRANSFER INSTRUCTIONS 2 * 50x 741:MGTCBEBE Information for the

beneficiary – free text

759 ACTIVITY CODES 1b/1b E/1 Fixed value

774 BENEFICIARY CODE Q S 774:Q/22429 29107 Possible formats:

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Q: description

S: BIC code

778 INSTITUTIONAL CUSTOMER

FLAG

“1”x 778:S Fixed value

7E5 FOREIGN INTERMEDIARY CODE R

1b/29x

7E5:R/O Fixed value for OeKB

7E6 FOREIGN INTERMEDIARY

ACCOUNT CODE

B/35x 7E6:B/7204

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2.3 X-TRM proprietary format

2.3.1 Proprietary format message – Delivery/Receive Against/Free of

Payment

LU 6.2 protocol is taken as an example:

DESCRIPTION TYPE LENGTH M/O NOTES

MARKET SOURCE A 3 M 'LU6'

TRADE TYPE ABBREVIATION A 3 M ‘CTC’

OPTION TYPE ABBREVIATION A 3 O Not applicable

ACTION REQUIRED A 1 M ‘I’ = input

‘C’ = cancellation

X-TRM IDENTIFIER A 6 O Only for cancellations

TRADE IDENTIFIER FOR THE TRADING

MEMBER

A 6 M Identifier assigned to the instruction by the

trading member

TRADING MEMBER IDENTIFIER A 11 M Code of the declaring trading member,

according to the type of coding specified

below

TRADING MEMBER TYPE OF CODING A 1 O ‘A’ = ABI

‘B’ = BIC

'C' = CED

SIGN A 1 O ‘A’ = deliver

'D' = receive

COUNTERPARTY IDENTIFIER A 11 M ‘617’ (CED code of Monte Titoli)

COUNTERPARTY TYPE OF CODING A 1 O 'C'

CODE OF THE TRADED SECURITY A 12 M ISIN code of the security

TYPE OF CODING OF THE TRADED

SECURITY

A 1 O 'I'

MARKET IDENTIFIER A 3 O 'FME'

NEGOTIATION TYPE OF THE TRADING

MEMBER

A 1 M ‘P’ = own account

‘T’ = third party account

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QUANTITY A 19 M 15 integers and 3 decimals (explicit decimal

comma)

PRICE A 15 O Not applicable

EXCHANGE RATE A 13 O Not applicable

SIGN OF THE COUNTERVALUE A 1 O Blank (assuming countervalue has opposite

sign with respect to quantity)

COUNTERVALUE A 16 O 0 for FoP transfers

Maximum 3 decimals (according to

settlement currency rules)

CODE OF THE SETTLEMENT CURRENCY A 3 O 'EUR'

TRADE DATE N 8 M YYYYMMDD

TRADE TIME N 6 O Not applicable

SETTLEMENT DATE N 8 M YYYYMMDD

END VALIDITY DATE N 8 O Not applicable

UNITARY ACCRUED INTEREST A 8 O Not applicable

OPTION PRICE A 10 O Not applicable

DATE OF PREMIUM OUTCOME N 8 O Not applicable

PREMIUM OPERATION IDENTIFIER A 6 O Not applicable

TRADING MEMBER'S CENTRAL

COUNTERPARTY CODE

A 11 O Not applicable


COUNTERPARTY CODE TYPE


TRADING MEMBER'S SETTLEMENT

AGENT CODE



AGENT CODE TYPE


CODE OF THE SETTLEMENT SYSTEM N 2 M ‘00’

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TRADING MEMBER'S CUSTODY SYSTEM

CODE

A 4 O ‘MOTI’

TRADING MEMBER'S SECURITY

SETTLEMENT ACCOUNT

A 35 O It contains the following data, separated by

a “-“:

• Settlement system code (‘O’ for OeKB)





• Account code of the trading member at Monte Titoli

TRADING MEMBER'S GENERAL

CLEARING MEMBER CODE



CLEARING MEMBER CODE TYPE


COSTS AMOUNT A 10 O Not applicable

COSTS DEBIT INDICATOR A 1 O Not applicable

COMMISSION TYPE A 1 O Not applicable

COMMISSION A 10 O Not applicable

INDICATOR FOR COMMISSION RATE A 1 O Not applicable

STAMP DUTY ISSUE INDICATOR A 1 O Not applicable

STAMP DUTY DEBIT INDICATOR A 1 O Not applicable

STAMP DUTY CATEGORY A 1 O Not applicable

CODE OF THE BENEFICIARY/ CUSTOMER

OF THE TRADING MEMBER


BUYER OF THE TRADING MEMBER CODE

TYPE

N 2 O Not applicable

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TRADING MEMBER'S ORDER IDENTIFIER A 20 O Not applicable

TRADING MEMBER'S ORDER DATE N 8 O Not applicable

FORWARD PRICE A 15 O Not applicable

FORWARD LEG'S STAMP DUTY DEBITING

INDICATOR


EXCHANGE RATE OF THE FORWARD

LEG


UNIT ACCRUED INTEREST OF THE

FORWARD LEG


SETTLEMENT DATE OF THE FORWARD

LEG


END VALIDITY DATE OF THE FORWARD

LEG


PRIORITY A 1 O Not applicable

TIME OUT A 4 O Not applicable

PRIORITY OF THE FORWARD LEG A 1 O Not applicable

TIME OUT OF THE FORWARD LEG A 4 O Not applicable

TRADING MEMBER BENEFICIARY A 35 O Not applicable

FILLER A 1 O

HOLD-RELEASE INDICATOR A 1 O Not applicable

SETTLEMENT CYCLE A 2 O Not applicable

CORPORATE ACTION INDICATOR A 1 O Not applicable

NEGATIVE UNIT ACCRUED INTEREST

INDICATOR



INDICATOR OF THE FORWARD LEG


COUNTERPARTY BENEFICIARY A 35 O Not applicable

FILLER A 118

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3 Belgium - Euroclear Belgium (ESES)

Monte Titoli has a DvP link in place with Belgium's domestic CSD for equities and part of the

corporate debt, Euroclear Belgium (ESES platform).




o RNI message 710











3.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



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M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC

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• Settlement system code (‘F’ for ESES platform)

• Code of the custody system of the counterparty (‘G’ for Euroclear Belgium)





M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]



February 2015

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:PACO//COSL:00

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

February 2015

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O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:





BIC code



SELL

For messages

MT543

M :16S: SETPRTY



M :16R: AMT

M :19A: SETT



3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

February 2015

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3.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary


706 PARTICIPANT CODE “7”n 706:8134600 Fixed value for

Euroclear Belgium

701 SECURITY CODE “14”b 701: BE000380118100 ISIN code + suffix




February 2015

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774 BENEFICIARY CODE Q S 774:Q/93251F Possible formats:

Q: description

S: BIC code


FLAG



1b/29x

7E5:R/G Fixed value for

Euroclear Belgium


ACCOUNT CODE

B/35x 7E6:B/00030

February 2015

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Payment










MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

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COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

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SETTLEMENT ACCOUNT


a “-“:


• Code of the custody system of the counterparty (‘G’ for Euroclear Belgium)























TYPE


February 2015

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INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

February 2015

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4 Belgium – National Bank of Belgium (NBB)

Monte Titoli has a DvP link in place with Belgium's domestic CSD for Government Bonds and

part of the corporate debt, the National Bank of Belgium (NBB).




o RNI message 710











4.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



February 2015

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M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC

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• Settlement system code (‘L’ for NBB)

• Code of the custody system of the counterparty (‘L’ for NBB)

• BIC11 code of the counterparty at the cross-border custody system




M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]



February 2015

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:PACO//COSL:00

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

February 2015

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O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:





BIC code



SELL

For messages

MT543

M :16S: SETPRTY



M :16R: AMT

M :19A: SETT



3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

February 2015

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4.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary


706 PARTICIPANT CODE “7”n 706:8568000 Fixed value for NBB

701 SECURITY CODE “14”b 701:BE000030009600 ISIN code + suffix




February 2015

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Q: description

S: BIC code


FLAG



1b/29x

7E5:R/L Fixed value for NBB


ACCOUNT CODE

B/35x 7E6:B/MGTCBEBEXXX For NBB the

counterpart has to be

identify using BIC11

February 2015

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Payment










MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

February 2015

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COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

February 2015

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SETTLEMENT ACCOUNT


a “-“:

• Settlement system code (‘L’ for NBB platform)

• Code of the custody system of the counterparty (‘L’ for NBB)

• BIC11 code of the counterparty at the cross-border custody system






















TYPE



February 2015

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INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

February 2015

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5 France - Euroclear France (ESES)

Monte Titoli has a DvP link in place with France's domestic CSD, Euroclear France (ESES

platform).




o RNI message 710











5.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



February 2015

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M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC

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• Code of the custody system of the counterparty (‘F’ for Euroclear France)





M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]



February 2015

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:PACO//COSL:00

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

February 2015

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O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:





BIC code



SELL

For messages

MT543

M :16S: SETPRTY



M :16R: AMT

M :19A: SETT



3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

February 2015

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5.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary



Euroclear France

701 SECURITY CODE “14”b 701:FR000013000700 ISIN code + suffix




February 2015

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774 BENEFICIARY CODE Q S 774:Q/47591N Possible formats:

Q: description

S: BIC code


FLAG



1b/29x

7E5:R/F Fixed value for

Euroclear France


ACCOUNT CODE

B/35x 7E6:B/00030

February 2015

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Payment










MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

February 2015

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COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

February 2015

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SETTLEMENT ACCOUNT


a “-“:


• Code of the custody system of the counterparty (‘F’ for Euroclear France)























TYPE



February 2015

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INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

February 2015

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6 Germany - Clearstream Banking Frankfurt

Monte Titoli has a DvP link in place with Germany's domestic CSD, Clearstream Banking

Frankfurt (CBF).




o RNI message 710











6.1 SWIFT protocol

February 2015

Page 52 of 156



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

February 2015

Page 53 of 156

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC




February 2015

Page 54 of 156






- Settlement system code (‘A’ for CBF) - Code of the custody system of the counterparty ( ‘A’ for

settlement with RTGS mode in CBF or ‘1’ for settlement without RTGS mode in CBF)

- Account code of the counterparty at the cross-border custody system

- BIC code of the beneficiary /customer of the counterparty (opt.)

- Account code of the beneficiary /customer of the counterparty (opt.)

- Account code of the trading member at Monte Titoli (opt.)

In case of free of payment delivery/receipt instructions with

ESES participants as counterparts, the settlement account

number must be filled in as follows:

- Settlement system code A - Code of the custody system of the counterparty = A - Account code of the counterparty: it is the Euroclear

Bank account number into CBF books: 7204 - BIC code of the beneficiary /customer of the

counterparty: MGTCBEBE - Account code of the beneficiary: the ESES account

number into Euroclear Bank books (22429 for France side and 24180 for Nederland side), followed by the account number of the counterparty’s customer.

Account code of the trading member at Monte Titoli: the agent account number into ESES books

Please see following example for the “securities settlement account” field in X-TRM: - A-A-7204-MGTCBEBE-2242900030-60103 In the example the Euroclear Bank account number (22429 or 24180) is next to the beneficiary’s account number in ESES (it has to be long 5 digits), in this example it is: 00030

M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC

February 2015

Page 55 of 156





M :16R: SETPRTY

M :95P: PSET :4!c//4!a2!a2!c[3!c] O PLACE OF SETTLEMENT:





:PACO//COSL:00

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M :95R: SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



February 2015

Page 56 of 156

BUYR

For messages

MT543

:BUYR/MOTI/617

Or

:SELL/MOTI/617

M :16S: SETPRTY



M :16R: SETPRTY

O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:





BIC code



SELL

For messages

MT543

M :16S: SETPRTY



M :16R: AMT

M :19A: SETT :4!c//[N]3!a15d M SETTLEMENT AMOUNT:


3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

February 2015

Page 57 of 156

6.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary


706 PARTICIPANT CODE “7”n 706:8131800 Fixed value for CBF

701 SECURITY CODE “14”b 701:DE000352796800 ISIN code + suffix




February 2015

Page 58 of 156



774 BENEFICIARY CODE Q S 774:Q/ MGTCBEBE - 22429

29107

Possible formats:

Q: description

S: BIC code

In case of

instructions with

ESES participants as

counterparts this filed

has to be:

MGTCBEBE-22429

or 24180 for France

for Nederland and

adding the “account

number customer of

the counterparty”

(See example)


FLAG



1b/29x

S

1b/”4”b/”

2”b/”2”b(

/”3”b)

7E5:R/A Possible formats:

R: CSD proprietary

code

S: BIC code


ACCOUNT CODE

B/35x 7E6:B/7204

7E7 SETTLEMENT DATE “8”n 7E7:20072011 DDMMYYYY

February 2015

Page 59 of 156


7E8 TRADE DATE “8”n 7E8:20072011 DDMMYYYY

February 2015

Page 60 of 156



Payment










MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

February 2015

Page 61 of 156



















COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

February 2015

Page 62 of 156



SETTLEMENT ACCOUNT


a “-“:

• Settlement system code (‘A’ for CBF)

• Code of the custody system of the counterparty (for FoP instructions ‘A’ for CBF) for Against Payment instruction use value ‘A’ for settlement with RTGS mode in CBF or ‘1’ for settlement without RTGS mode in CBF)





In case of free of payment delivery/receipt

instructions with ESES participants as

counterparts it needs to feed the settlement

account number as follow:

- Settlement system code A - Code of the custody system of the

counterparty = A - Account code of the counterparty: it is

the Euroclear Bank account number into CBF books: 7204

- BIC code of the beneficiary /customer of the counterparty: MGTCBEBE

- Account code of the beneficiary: the ESES account number into Euroclear Bank books: 22429 for France side and 24180 for Nederland side /account number customer of the counterparty

Account code of the trading member at

Monte Titoli: the agent account number into

ESES books









February 2015

Page 63 of 156












TYPE






INDICATOR



LEG



FORWARD LEG



LEG



LEG





February 2015

Page 64 of 156




FILLER A 1 O





INDICATOR






FILLER A 118

7 Greece – Bank of Greece (BoG)

Monte Titoli has a DvP link in place with Greece's domestic CSD for Government, the Bank of

Greece (BoG).




o RNI message 710








February 2015

Page 65 of 156




7.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

February 2015

Page 66 of 156

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC









• Settlement system code (‘H’ for BoG)

• Code of the custody system of the counterparty (‘H’ for BoG)





M :16S: FIAC

End of sequence C


M :16R: SETDET

February 2015

Page 67 of 156



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]






:PACO//COSL:00

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

February 2015

Page 68 of 156

M

:95R:

SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:





BIC code



SELL

For messages

MT543

M :16S: SETPRTY



M :16R: AMT

M :19A: SETT



3 decimals)

e.g.:

:SETT//EUR5000,

February 2015

Page 69 of 156

M :16S: AMT


M :16S: SETDET

End of Sequence E

February 2015

Page 70 of 156

7.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary


706 PARTICIPANT CODE “7”n 706:8567900 Fixed value for Bank

of Greece

701 SECURITY CODE “14”b 701: GR0133010232 ISIN code + suffix




February 2015

Page 71 of 156




Q: description

S: BIC code


FLAG



1b/29x

7E5:R/H Fixed value for BoG


ACCOUNT CODE

B/35x 7E6:B/00030

February 2015

Page 72 of 156



Payment










MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

February 2015

Page 73 of 156



















COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

February 2015

Page 74 of 156



SETTLEMENT ACCOUNT


a “-“:

• Settlement system code (‘H’ for BoG platform)

• Code of the custody system of the counterparty (‘H’ for BoG)























TYPE



February 2015

Page 75 of 156





INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

February 2015

Page 76 of 156

8 Luxembourg – VP Lux

Monte Titoli has a DvP link in place with Luxembourg's domestic CSD, VP Lux.




o RNI message 710











8.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



February 2015

Page 77 of 156

M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC

February 2015

Page 78 of 156









• Settlement system code (‘V’ for VP Lux)






M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]



February 2015

Page 79 of 156




:PACO//COSL:00

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

February 2015

Page 80 of 156

O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:





BIC code



SELL

For messages

MT543

M :16S: SETPRTY



M :16R: M :16R:

M :19A: M :19A:

M :16S: M :16S:


M :16S: M :16S:

End of Sequence E

February 2015

Page 81 of 156

8.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary


706 PARTICIPANT CODE “7”n 706:8575000 Fixed value for VP

Lux

701 SECURITY CODE “14”b 701:LU000193348900 ISIN code + suffix




February 2015

Page 82 of 156




Q: description

S: BIC code


FLAG



1b/29x

7E5:R/V Fixed value for VP

Lux


ACCOUNT CODE

B/35x 7E6:B/7204

February 2015

Page 83 of 156



Payment










MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

February 2015

Page 84 of 156



















COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

February 2015

Page 85 of 156



SETTLEMENT ACCOUNT


a “-“:

• Settlement system code (‘V’ for VP Lux)
























TYPE



February 2015

Page 86 of 156





INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

February 2015

Page 87 of 156

9 Netherlands - Euroclear Nederland (ESES)

Monte Titoli has a DvP link in place with the Netherlands' domestic CSD, Euroclear Nederland

(ESES platform).




o RNI message 710











9.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL

February 2015

Page 88 of 156



M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

February 2015

Page 89 of 156

End of sequence B


M :16R: FIAC










• Code of the custody system of the counterparty (‘N’ for Euroclear Nederland)





M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]



February 2015

Page 90 of 156




:PACO//COSL:00

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

February 2015

Page 91 of 156

O

:95P:

:95R:

:95R:

BUYR

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:





BIC code



SELL

For messages

MT543

M :16S: SETPRTY



M :16R: AMT

M :19A: SETT



3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

February 2015

Page 92 of 156

9.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary



Euroclear Nederland

701 SECURITY CODE “14”b 701:NL000380118100 ISIN code + suffix




February 2015

Page 93 of 156




Q: description

S: BIC code


FLAG



1b/29x

7E5:R/N Fixed value for

Euroclear Nederland


ACCOUNT CODE

B/35x 7E6:B/00030

February 2015

Page 94 of 156



Payment










MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

February 2015

Page 95 of 156



















COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

February 2015

Page 96 of 156



SETTLEMENT ACCOUNT


a “-“:


• Code of the custody system of the counterparty (‘N’ for Euroclear Nederland)























TYPE


February 2015

Page 97 of 156






INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

February 2015

Page 98 of 156

10 Spain - Iberclear

Monte Titoli has a DvP link in place with Spain's domestic CSD, Iberclear.




o RNI message 710

10.1 SWIFT protocol

10.1.1 MT542 – Deliver Free of Payment


M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL


it must contain the keyword MOTI- followed by a string of 9

characters

M :23G: NEWM

:4!c M NEWM

O :98A: PREP :4!c//8!n M PREPARATION DATE

Sub-sequence A1 – Linkages MANDATORY for X-TRM

M :16R: LINK


it must contain the mandatory instruction number from

Monte Titoli composed of 9 numeric positions

M :16S: LINK


February 2015

Page 99 of 156

M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98A: SETT :4!c//8!n O SETTLEMENT DATE:

O :98A: TRAD :4!c//8!n O TRADE DATE:

M :35B: [ISIN1!e12!c]

[4*35]

M ISIN-CODE: the suffix must be mandatorily input with the

keyword SUFF: followed by the suffix in the first characters

of the first line of 35x

O :70E: SPRO :4!c//10*35

O

O

SETTLEMENT INSTRUCTION:

R717: references

R741:instructions

The max length of instructions must be of 100 characters on

three consecutive lines

M :16S: TRADDET

End of sequence B


M :16R: FIAC



(FAMT). It must contain maximum two decimals

M :97B: SAFE/MOTI/CEND :4!c/[8c]/4!c/35x M It represents the DELIVERING AGENT that is the

sender’s account:

It must mandatorily be a Monte Titoli participant code with

issuer code (DSS) MOTI

M :16S: FIAC

End of sequence C


M :16R: SETDET

February 2015

Page 100 of 156

M :22F: SETR :4!c/[8c]/4!c ACTIVITY CODE:

it must contain the data source scheme MOTI and activity

code 00E1


M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]

PLACE OF SETTLEMENT: this field is not taken into

account by Monte Titoli

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

:95P:

REAG

:4!c/8c/34x

:4!c//4!a2!a2!c[3!c]

M RECEIVING AGENT:

Option R: Data Source Scheme ‘IBRC’ plus code of the

foreign intermediary, in the CSD’s proprietary type of

coding.

Option P: it must contain the BIC Code of the foreign

counterpart

O :97B: :SAFE/IBRC/CEND/ :4!c/[8c]/4!c/35x O SAFEKEEPING ACCOUNT: Data Source Scheme

‘IBRC’,type code ‘CEND’ plus code of foreign intermediary

account

M :16S: SETPRTY



M :16R: SETPRTY

February 2015

Page 101 of 156

M

:95Q:

:95P:

BUYR

:4!c/8c/34x

:4!c//4!a2!a2!c[3!c]

O BUYER (Party that receives the financial instrument).

If option Q is used, it contains the description of the

customer of the foreign intermediary that is the beneficiary

of the operation (format Q of the IDC 774)

If option P is used it must contain the Bic Code of the

foreign intermediary that is the beneficiary of the operation

M :16S: SETPRTY


M :16S: SETDET

End of Sequence E

10.1.2 MT540 – Receive Free of Payment

Customers are automatically credited of the incoming securities without need of instructing,

conditional the correct format of the instruction of the counterpart.

10.1.3 MT541/3 – Receive/Deliver Against Payment

Service currently not provided.

February 2015

Page 102 of 156

10.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary


706 PARTICIPANT CODE “7”n 706:8148800 Possible values:

8148800 for SCLV

securities (equities)

8150400 for CADE

securities

(Government Bonds)

701 SECURITY CODE “14”b 701:ES011321183500 ISIN code + suffix

February 2015

Page 103 of 156







Q: description

S: BIC code


FLAG



1b/29x

S

1b/”4”b/”

2”b/”2”b(

/”3”b)

7E5:R/MGTCBEBE Possible formats:

R: CSD proprietary

code

S: BIC code


ACCOUNT CODE

B/35x 7E6:B/7204

February 2015

Page 104 of 156

11 Switzerland – SIX SIS

Monte Titoli has a DvP link in with Switzerland's domestic CSD, SIX SIS.




o RNI message 710











11.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



February 2015

Page 105 of 156

M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC

February 2015

Page 106 of 156









• Settlement system code (‘S’ for SIX SIS)






M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]






:PACO//COSL:00

February 2015

Page 107 of 156

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT543

M :16S: SETPRTY



M :16R: SETPRTY

O BUYR

For messages

MT541

O COUNTERPARTY CODE:



February 2015

Page 108 of 156

:95P:

:95R:

:95R:

SELL

For messages

MT543

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x



BIC code



M :16S: SETPRTY



M :16R: M :16R: M :16R:

M :19A: M :19A: M :19A:

M :16S: M :16S: M :16S:


M :16S: M :16S: M :16S:

End of Sequence E

February 2015

Page 109 of 156

11.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary


706 PARTICIPANT CODE “7”n 706:8155100 Fixed value for SIX

SIS

701 SECURITY CODE “14”b 701:CH003886335000 ISIN code + suffix




February 2015

Page 110 of 156




Q: description

S: BIC code


FLAG



1b/29x

7E5:R/S Fixed value for SIX

SIS


ACCOUNT CODE

B/35x 7E6:B/7204

February 2015

Page 111 of 156



Payment










MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

February 2015

Page 112 of 156






COUNTERVALUE A 16 O Maximum 3 decimals (according to



TRADE DATE N 8 O YYYYMMDD


SETTLEMENT DATE N 8 O YYYYMMDD







COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

February 2015

Page 113 of 156



SETTLEMENT ACCOUNT


a “-“:

• Settlement system code (‘S’ for SIX SIS)
























TYPE



February 2015

Page 114 of 156





INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

February 2015

Page 115 of 156

12 UK and Ireland - Euroclear UK&Ireland (operated by Citi)

Monte Titoli has a DvP link in with UK and Ireland's domestic CSD, Euroclear UK & Ireland

(EUI), which is operated by Citi.




o RNI message 710











12.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL

February 2015

Page 116 of 156



M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

February 2015

Page 117 of 156

End of sequence B


M :16R: FIAC









• Settlement system code (‘K’ for EUI)






M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]



February 2015

Page 118 of 156




:PACO//COSL:00

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT540 or MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT542 or MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT540 or MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT542 or MT543

M :16S: SETPRTY



M :16R: SETPRTY

February 2015

Page 119 of 156

O

:95P:

:95R:

:95R:

BUYR

For messages

MT540 or MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x

O

COUNTERPARTY CODE:





BIC code



SELL

For messages

MT542 or MT543

M :16S: SETPRTY


Sub-sequence E3 – Amounts MANDATORY, only for MT541 or MT543

M :16R: AMT

M :19A: SETT



3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

February 2015

Page 120 of 156

12.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary


706 PARTICIPANT CODE “7”n 706:8566700 Fixed value for EUI

701 SECURITY CODE “14”b 701:GB00B15KXV3300 ISIN code + suffix




February 2015

Page 121 of 156




Q: description

S: BIC code


FLAG



1b/29x

7E5:R/K Fixed value for EUI


ACCOUNT CODE

B/35x 7E6:B/7204



7E9 STAMP DUTY RESERVE TAX (“4”b)(/”4”b)

(/15n)(/”3”b)

7E9:AGEN/TRRE/10000/G

BP

It contains the

following

information:

Agent indicator +

transaction stamp

status + stampable

consideration

(amount) +

stampable

consideration

(currency)

February 2015

Page 122 of 156



Payment










MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

February 2015

Page 123 of 156



















COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

February 2015

Page 124 of 156



SETTLEMENT ACCOUNT


a “-“:

• Settlement system code (‘K’ for Euroclear UK & Ireland)
























TYPE



February 2015

Page 125 of 156





INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

February 2015

Page 126 of 156

13 United States - DTCC

Monte Titoli has a FoP link in place with the United States' domestic CSD, DTCC.




o RNI message 710

13.1 SWIFT protocol

13.1.1 MT542 – Deliver Free of Payment


M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL


it must contain the keyword MOTI- followed by a string of 9

characters

M :23G: NEWM

:4!c M NEWM

O :98A: PREP :4!c//8!n M PREPARATION DATE

Sub-sequence A1 – Linkages MANDATORY for X-TRM

M :16R: LINK


it must contain the mandatory instruction number from

Monte Titoli composed of 9 numeric positions

M :16S: LINK


February 2015

Page 127 of 156

M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98A: SETT :4!c//8!n M SETTLEMENT DATE:

O :98A: TRAD :4!c//8!n O TRADE DATE:

M :35B: [ISIN1!e12!c]

[4*35]

M ISIN-CODE: the suffix must be mandatorily input with the

keyword SUFF: followed by the suffix in the first characters

of the first line of 35x

O :70E: SPRO :4!c//10*35

O

O

SETTLEMENT INSTRUCTION:

R717: references

R741:instructions

The max length of instructions must be of 100 characters on

three consecutive lines

M :16S: TRADDET

End of sequence B


M :16R: FIAC



(FAMT). It must contain maximum two decimals

M :97B: SAFE/MOTI/CEND :4!c/[8c]/4!c/35x M It represents the DELIVERING AGENT that is the

sender’s account:

It must mandatorily be a Monte Titoli participant code with

issuer code (DSS) MOTI

M :16S: FIAC

End of sequence C


M :16R: SETDET

February 2015

Page 128 of 156

M :22F: SETR :4!c/[8c]/4!c ACTIVITY CODE:

it must contain the data source scheme MOTI and activity

code 00E1


M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]

PLACE OF SETTLEMENT: this field is not taken into

account by Monte Titoli

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

:95P:

REAG

:4!c/8c/34x

:4!c//4!a2!a2!c[3!c]

M RECEIVING AGENT:

Option R: Data Source Scheme ‘DTCC’ plus code of the

foreign intermediary, in the CSD’s proprietary type of

coding.

Option P: it must contain the BIC Code of the foreign

counterpart

O :97B: :SAFE/DTCC/CEND

/

:4!c/[8c]/4!c/35x O SAFEKEEPING ACCOUNT: Data Source Scheme

‘DTCC’,type code ‘CEND’ plus code of foreign intermediary

account

M :16S: SETPRTY



M :16R: SETPRTY

February 2015

Page 129 of 156

M

:95Q:

:95P:

BUYR

:4!c/8c/34x

:4!c//4!a2!a2!c[3!c]

O BUYER (Party that receives the financial instrument).

If option Q is used, it contains the description of the

customer of the foreign intermediary that is the beneficiary

of the operation (format Q of the IDC 774)

If option P is used it must contain the Bic Code of the

foreign intermediary that is the beneficiary of the operation

M :16S: SETPRTY


M :16S: SETDET

End of Sequence E

13.1.2 MT540 – Receive Free of Payment

Customers are automatically credited of the incoming securities without need of instructing,

conditional the correct format of the instruction of the counterpart.

13.1.3 MT541/3 – Receive/Deliver Against Payment

Service currently not provided.

February 2015

Page 130 of 156

13.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary


706 PARTICIPANT CODE “7”n 706:8162600 Fixed value for DTCC

701 SECURITY CODE “14”b 701:US00184A105100 ISIN code + suffix




February 2015

Page 131 of 156



774 BENEFICIARY CODE Q S 774:Q/22429 29107 774


FLAG



1b/29x

S

1b/”4”b/”

2”b/”2”b(

/”3”b)

7E5:R/MGTCBEBE 7E5


ACCOUNT CODE

B/35x 7E6:B/7204

February 2015

Page 132 of 156

14 Euroclear Bank

Monte Titoli has a DvP link in place with Euroclear Bank.




o RNI message 710











14.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



February 2015

Page 133 of 156

M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC

February 2015

Page 134 of 156









• Settlement system code (‘E’ for Euroclear Bank)






M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]






:PACO//COSL:00

February 2015

Page 135 of 156

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT540 or MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT542 or MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT540 or MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT542 or MT543

M :16S: SETPRTY



M :16R: SETPRTY

O BUYR

For messages

MT540 or MT541




February 2015

Page 136 of 156

:95P:

:95R:

:95R:

SELL

For messages

MT542 or MT543

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x



BIC code



M :16S: SETPRTY



M :16R: AMT

M :19A: SETT



3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

February 2015

Page 137 of 156

14.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary



Euroclear Bank

701 SECURITY CODE “14”b 701:BE000380118100 ISIN code + suffix




February 2015

Page 138 of 156




Q: description

S: BIC code


FLAG



1b/29x

7E5:R/E Fixed value for

Euroclear Bank


ACCOUNT CODE

B/35x 7E6:B/7204



February 2015

Page 139 of 156



Payment










MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

February 2015

Page 140 of 156



















COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

February 2015

Page 141 of 156



SETTLEMENT ACCOUNT


a “-“:

• Settlement system code (‘E’ for Euroclear Bank)
























TYPE



February 2015

Page 142 of 156





INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

February 2015

Page 143 of 156

15 Clearstream Banking Luxembourg

Monte Titoli has a DvP link in place with Clearstream Banking Luxembourg.




o RNI message 710











15.1 SWIFT protocol



M/O

for

SWIFT


Monte

Titoli

Notes

M :16R: GENL



February 2015

Page 144 of 156

M :23G: NEWM

CANC





M :16R: LINK




alphanumerics)

M :16S: LINK



M :16R: LINK



M :16S: LINK


M :16S: GENL

End of Sequence A


M :16R: TRADDET

M :98C: SETT





:SETT//20110823000000


e.g.:

:TRAD//20011023



M :16S: TRADDET

End of sequence B


M :16R: FIAC

February 2015

Page 145 of 156









• Settlement system code (‘C’ for CBL)






M :16S: FIAC

End of sequence C


M :16R: SETDET



:SETR/MOTI/OCTC





M :16R: SETPRTY

M

:95P:

PSET :4!c//4!a2!a2!c[3!c]






:PACO//COSL:00

February 2015

Page 146 of 156

M :16S: SETPRTY



M :16R: SETPRTY

M

:95P:

:95R:

DEAG

For messages

MT540 or MT541

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x



REAG

For messages

MT542 or MT543

M :16S: SETPRTY



M :16R: SETPRTY

M

:95R:

SELL

For messages

MT540 or MT541

:4!c/8c/34x M

COUNTERPARTY CODE:



:BUYR/MOTI/617

Or

:SELL/MOTI/617

BUYR

For messages

MT542 or MT543

M :16S: SETPRTY



M :16R: SETPRTY

O BUYR

For messages

MT540 or MT541




February 2015

Page 147 of 156

:95P:

:95R:

:95R:

SELL

For messages

MT542 or MT543

:4!c//4!a2!a2!c[3!c]

:4!c/8c/34x

:4!c/8c/34x



BIC code



M :16S: SETPRTY



M :16R: AMT

M :19A: SETT



3 decimals)

e.g.:

:SETT//EUR5000,

M :16S: AMT


M :16S: SETDET

End of Sequence E

February 2015

Page 148 of 156

15.2 RNI protocol






Titoli)


020 C.R.O. “11”n 020:86155101803

010 CHECK NUMBER “5”n 010:36526


instruction and

intermediary


706 PARTICIPANT CODE “7”n 706:1293200 Fixed value for CBL

701 SECURITY CODE “14”b 701:LU015680172100 ISIN code + suffix




February 2015

Page 149 of 156




Q: description

S: BIC code


FLAG



1b/29x

7E5:R/C Fixed value for CBL


ACCOUNT CODE

B/35x 7E6:B/7204



February 2015

Page 150 of 156



Payment










MEMBER


trading member



below


‘B’ = BIC

'C' = CED


'D' = receive





SECURITY

A 1 O 'I'



MEMBER




comma)

February 2015

Page 151 of 156



















COUNTERPARTY CODE






AGENT CODE



AGENT CODE TYPE




CODE

A 4 O ‘MOTI’

February 2015

Page 152 of 156



SETTLEMENT ACCOUNT


a “-“:

• Settlement system code (‘C’ for CBL)
























TYPE



February 2015

Page 153 of 156





INDICATOR



LEG



FORWARD LEG



LEG



LEG







FILLER A 1 O





INDICATOR






FILLER A 118

February 2015

Page 154 of 156

Appendix

Custody systems codes

Code Description

C Clearstream Banking Luxembourg

E Euroclear Bank

A Clearstream Frankfurt

F Euroclear France

O OeKB

I Iberclear SCLV

B Iberclear CADE

S SIX SIS

D DTCC

N Euroclear Nederland

P Euroclear Finland

G Euroclear Belgium

K Euroclear UK&Ireland

H Bank of Greece

L NBB / Banque Nationale de Belgique

M Interbolsa (Portugal)

J KDD (Slovenia)

February 2015

Page 155 of 156

Q CDCP (Slovak Republic)

V VP Lux (Luxembourg)

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