iso 15022 standard for indian market message formats … · iso 15022 standard for indian market...

ISO 15022 STANDARD FOR INDIAN MARKET

MESSAGE FORMATs WITH EXAMPLES

This document contains the templates to be used for messaging between entities in the capital market. The Subgroup has mapped the messaging requirementswith the standards published by ISO15022. These were found to generally meet the Indian market requirement. It may become necessary to refine the formatsfrom time to time based on the actual usage. Further there may be a need to add/delete message types to the existing list depending on the changing market

The templates defined cater to the following legs in the transaction chainSettlement Instruction from Fund House to Custodian (Equity / Debt)Confirmations from Custodian to Fund House on ‘Match / Un-match / Fail’ StatusContract Note from Broker to Custodian (Equity / Debt)Confirmation on ‘Match’ status from Custodian to Broker

Structure of the Document

This document consists ofFormat SequenceIllustrative ExamplesIllustrative Example Explanation

Format Specifications

This section defines the new specifications that are used to express all data formats in the Standards Documentation. Therese changes are implemented tofacilitate the storage and manipulation of format specifications in the electronic form.

The specifications are as follows (the items

nn Maximum length

nn! (*) Fixed length

nn-nn Minimum and maximum length

Length Restrictions

nn * nn Maximum number of lines times maximum line length

n Digits

d (*) Digits with a decimal comma

h Uppercase hexa decimals

a Uppercase letters

c (*) Uppercase alphanumerics

e (*) Space

x ISO Standards Character Set for SWIFT

y Upper case level A ISO 9735 characters

z ISO Standards Extended Character Set for SWIFT

Type of Characters

/,word Character as-is or word-as-is

Optional Element Identifier [… .] Where … represents any of the allowed combinations length/character

Description

Fixed 4 uppercase alphanumerics, optionally followed by a slash and up to 30 characters permitted by ISO standards

Number of up to 15 digits including a decimal comma

Code word followed by a space and fixed 12 uppercase alphanumerics

The types of characters must be understood as follows:0 1 2 3 4 5 6 7 8 9Digits (0 to 9) with a decimal comma. The following rules apply:- the integer part is mandatory and must contain at lease one digit, leading zeroes are allowed- a decimal comma "," must be precede the fractional part- the fractional part may be missing, but the decimal comma must always be present- neither the decimal point, space or any symbol other than the decimal comma are permitted- the maximum length included the decimal commaA B C D E F0 1 2 3 4 5 6 7 8 9A B C D E F G H I J K L M N O P Q R S T U V W Y ZA B C D E F G H I J K L M N O P Q R S T U V W Y Z0 1 2 3 4 5 6 7 8 9a b c d e f g h i j k l m n o p q r s t u v w x y zA B C D E F G H I J K L M N O P Q R S T U V W X Y Z0 1 2 3 4 5 6 7 8 9 / - ? : ( ) . , ' + { } Cr Lf SpaceNote: Although part of the character set, the curly brachers are permitted as delimiters and cannot be used within the text of user-to-user messagesA B C D E F G H I J K L M N O P Q R S T U V W X Y Z0 1 2 3 4 5 6 7 8 9 . , - ( ) / = ' + : ? ! " % & * < > ; Spacea b c d e f g h i j k l m n o p q r s t u v w x y zA B C D E F G H I J K L M N O P Q R S T U V W X Y Z0 1 2 3 4 5 6 7 8 9 . , - ( ) / = ' + : ? ! " % & * < > ; { @ # Cr Lf Space

NOTE – The Status column indicates, whether field is Mandatory (M) or Optional (O)

MT 540 – Equity Client to Custodian – Instruction to Receive Free – EquityMT 540 – Debt Client to Custodian – Instruction to Receive Free – DebtMT 541 – Equity Client to Custodian – Instruction to Receive Against Payment – EquityMT 541 – Debt Client to Custodian – Instruction to Receive Against Payment – DebtMT 542 – Equity Client to Custodian – Instruction to Deliver Free – EquityMT 542 – Debt Client to Custodian – Instruction to Deliver Free – DebtMT 543 – Equity Client to Custodian – Instruction to Deliver Against Payment – EquityMT 543 – Debt Client to Custodian – Instruction to Deliver Against Payment – DebtMT 515 Broker to Custodian – Contract Note – Equity and debtMT 548 Custodian to Client – For Match / Un-match / Fail trade – equity and

debtMT 548 Custodian to broker – For Match / Un-match – Equity and debtMT 544 – Equity Custodian to Client – Confirmation of Receive Free (Equity)MT 544 – Debt Custodian to Client – Confirmation of Receive Free (Debt)MT 545 – Equity Custodian to Client – Confirmation of Receive Against Payment

(Equity)MT 545 – Debt Custodian to Client – Confirmation of Receive Against Payment (Debt)MT 546 – Equity Custodian to Client – Confirmation of Deliver Free (Equity)MT 546 – Debt Custodian to Client – Confirmation of Deliver Free (Debt)MT 547 – Equity Custodian to Client – Confirmation of Deliver Against Payment

(Equity)MT 547 – Debt Custodian to Client – Confirmation of Deliver Against Payment (Debt)

Message IFN 540 – Client to Custodian – Instruction to Receive Free – Equity

Format Sequence

Tag Field Name Content/Options Purpose Rules

Mandatory Sequence A General Information GENL Start of BlockReference :4!c//16x To Identify the Client Trade

Reference No.Format: (Qualifier)//(Referencenumber)Qualifier : "SEME"Reference Number: 16 Characters(Alphanumeric)

The reference should not start orend with slash ‘/’ and must notcontain two consecutive slashes‘//’.

4!c To indicate new message(NEWM) /cancellation (CANC)of earlier message

Format: (Qualifier)Qualifier: "NEWM" or "CANC"

Date ofPreparation

:4!c//8!n To identify the date onwhich the message has beenprepared

Format: (Qualifier) //(Date)Qualifier: “PREP” (4 Characters)Date: YYYYMMDD

Optional Subsequence A1 LinkagesLINK Start of block

Reference :4!c//16x To indicate the cancelledinstruction (CANC).In case of NEWM, thisoptional LINK block should

Format: (Qualifier) /(Reference)Qualifier: ” PREV” (4 UppercaseCharacters)Reference: The reference no. as

not be used given in field 20C – qualifierSEME of the earlier instructionthat is being cancelled. (16Characters)

LINK End of BlockEnd of Optional Subsequence A1 Linkages

GENL End of BlockEnd of Sequence A General Information

Mandatory Sequence B Trade Details TRADDET Start of blockPlace :4!c//4!c/30x To identify exchange Format: (Qualifier)//(Place

Code)/(Narrative)

Qualifier: "TRAD"Place Code: "EXCH"Narrative:BIC code of the exchange will beused. Where BIC code is notavailable, please indicate fullname of the Stock Exchange

Place code will be “PRIM” forprimary market. Narrative shouldcontain words ‘Primary Market’e.g. – TRAD/PRIM/Primary Market

Date :4!c//8!n To identify settlement date Format: (Qualifier)//(Date)Qualifier: “SETT” (4 Characters)Date: <YYYYMMDD>

Date :4!c//8!n To identify trade date Format: (Qualifier)//(Date)Qualifier: “TRAD” (4 Characters)Date: <YYYYMMDD>

Deal Price :4!c//4!c/3!a15d To identify the trade rate

(This field, if given, isfor record purpose only ascustodian is not expected tosettle cash part for‘Receive Free’ Transaction)

Format: (Qualifier)//(Amount TypeCode)/(Currency Code) (Price)

Qualifier: “DEAL” (4 Characters)Amount Type Code: “ACTU” (4Characters)Currency Code: “INR” (3 alphabets)Price: Up to 15 digits (includingdecimal places and decimal sign)comma has to be used as decimalsign and is mandatory.

Identificationof the Security

[ISIN1!e12!c][4*35x]

To identify the scrip Format: (Identification ofSecurity) (Description ofSecurity)

Identification of Security: “ISIN”(followed by the ISIN of the

security)

Description of Security: (4 linesof 35 Characters)

Narrative :4!c//10*35x To identifySegment Type e.g. Rolling(DR)/ Inter FII (DI)/Auction Rolling (AR) / OT(Other)

Format: (Qualifier) //(Narrative)Qualifier: “SPRO” (4 Characters)Narrative:Line 1: “DR” or “DI” or “AR” or“OT”

TRADDET End of BlockEnd of Sequence B Trade Details

Mandatory Sequence C Financial Instrument/Account

Tag Generic FieldName

Content/Options Purpose Rules

FIAC Start of BlockQuantity ofFinancialInstrument

:4!c//4!c/15d To identify the tradequantity

Format: (Qualifier)//(QuantityType Code)/(Quantity)Qualifier: “SETT” (4 Characters)Quantity Type Code: ”UNIT” (4Characters)Quantity: Up to 15 digits(including decimal places anddecimal sign) comma has to be usedas decimal sign and is mandatory.Integer part of amount mustcontain at least one digit.

Account :4!c//35x To identify the safekeepingaccount using the clientsafekeeping code

Format: (Qualifier) //(AccountNumber)

Qualifier: “SAFE” (4 Characters)Account Number: (35 Characters)

FIAC End of BlockEnd of Sequence C Financial Instrument/Account

Mandatory Sequence E Settlement Details Tag Generic Field

NameContent/Options Purpose Rules

SETDET Start of Block

Indicator :4!c//4!c A mandatory field to be usedas per ISO standards

The same needs to be hard

"SETR//TRAD"

coded into every message soas to retain compatibilityto ISO Standards.

Indicator :4!c//4!c To indicate if the standinginstruction for registrationof securities is to beoverridden

Format: (Qualifier)//(Indicator)

Qualifier: “REGT”Indicator:“NREG”: To hold the securities instreet name.“YREG”: To register thesecurities.

Mandatory Subsequence E1 Settlement Parties

SETPRTY Start of Block

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

Indicates the BIC code ofthe party with whom thetrade has to be settled

Format: (Qualifier)//(BIC code ofthe party with whom trade has tobe settled)

Qualifier: "DEAG"BIC Code of the broker / ClearingHouse / counter-party / counter-party custodian

OR [in case BIC is not available]Party :4!c//4*35x Indicates party with whom

the trade has to be settled(broker’s exchange code orbroker’s name or Name ofClearing House)

Format: (Qualifier)//(Name of theparty with whom trade has to besettled)

Qualifier: "DEAG"Broker’s Exchange code ( or Nameof the broker) / Name of theClearing House / Name of counter-party /counter-party custodian

SETPRTY End of BlockEnd of Subsequence E1 Settlement Parties

Optional Subsequence E1 Settlement Parties SETPRTY Start of Block

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

Indicates the BIC code ofthe contracting broker

Format: (Qualifier)//(BIC code ofthe contracting broker)

Qualifier: "SELL"BIC Code of the broker

OR [in case BIC is not available]Party :4!c//4*35x Indicates contracting

broker’s exchange code orcontracting broker’s name

Format: (Qualifier)//(Name)

Qualifier: "SELL"Broker’s Exchange code ( or Nameof the broker)

ProcessingReference

:4!c//16x To indicate the contractnote reference number

Format: (Qualifier)//(Narrative)

Qualifier: “PROC”Narrative: contract note referencenumber.



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

Indicates the Bic Code ofthe depository at whichclient’s shares should beparked

Format: (Qualifier)//(BIC code ofthe depository)

Qualifier: "PSET"BIC Code of the depository

OR [in case BIC is not available]Party :4!c//4*35x Indicates name of the

depositoryFormat: (Qualifier)//(Name)

Qualifier: "PSET”Name of the depository


Optional Subsequence E3 Amounts (This block, if given, is for record purpose only as custodian is not expected tosettle the cash part)

AMT Start of BlockAmount :4!c//3!a15d Indicates Settlement Amount

(SETT)Format:(Qualifier)//(Currency)(Amount)

Qualifier: "SETT" for settlementamountCurrency: "INR"

upto 15 digits (including decimalplaces and decimal sign) comma hasto be used as decimal sign and ismandatory. Integer part of amountmust contain at least one digit.

AMT End of BlockEnd of Subsequence E3 Amounts

Optional Subsequence E3 Amounts (This block, if given, is for record purpose only as custodian is not expected tosettle the cash part)

AMT Start of Block

Amount :4!c//3!a15d Indicates Brokerage (EXEC) Format:(Qualifier)//(Currency)(Amount)

Qualifier: "EXEC" for brokerageamountCurrency: "INR"

upto 15 digits (including decimalplaces and decimal sign) comma hasto be used as decimal sign and ismandatory. Integer part of amountmust contain at least one digit.


SETDET End of BlockEnd of Sequence E Settlement Details

EXAMPLE - IFN 540 – Equity Instruments Receive Free – Client to Custodian

{ SENDERADDRS }{ RECVERADDRS }{

:20C::SEME//S744874230946416

:98A::PREP//20020828

:16R:TRADDET:94B::TRAD//EXCH/Exchange BIC Code:98A::SETT//20020902:98A::TRAD//20020828:90B::DEAL//ACTU/INR2000,00

ISIN INE009A01021INFOSYS TECH DEM INR5.00:70E::SPRO//DR:16S:TRADDET

:36B::SETT//UNIT/5,00:97A::SAFE//CLNTCODE

:16R:SETDET:22F::SETR//TRAD:22F::REGT//YREG:16R:SETPRTY:95P::DEAG//Deliverer’s BIC Code:16S:SETPRTY:16R:SETPRTY:95P::SELL//Contracting Broker’s BIC Code:20C::PROC//A022382393:16S:SETPRTY:16R:SETPRTY:95P::PSET//Depository BIC Code:16S:SETPRTY

:19A::SETT//INR10000,00

:19A::EXEC//INR200,00

:16S:SETDET

Illustrative Example Explained – IFN 540 equity – Receive Free

:16R:GENL:20C::SEME//S744874230946416 Indicates Sender’s

reference, viz. FI / MF’sunique internal referencenumber

:23G:NEWM Indicates that this is aNew Message

:98A::PREP//20020828 Message preparation date

Block GENL givesGeneral information

:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/ExchangeBIC Code

BIC Code of the Stockexchange on which trade hastaken place

:98A::SETT//20020902 Settlement (Value) date:98A::TRAD//20020828 Trade Date:90B::DEAL//ACTU/INR2000,00 Deal rate:35B:ISIN INE009A01021INFOSYS TECH DEM INR5.00

ISIN and name of thesecurity

:70E::SPRO//DR Market segment on whichtraded

Block TRADDET givesTrade Details

:16S:TRADDET:16R:FIAC:36B::SETT//UNIT/5,00 Quantity in units:97A::SAFE//CLNTCODE Client Account code

(Safekeeping Code)

Block FIAC gives

Instrument quantityand Account details

:16S:FIAC:16R:SETDET:22F::SETR//TRAD Always taken as TRAD

:22F::REGT//YREG Indicates that securitiesare to be sent forRegistration

:16R:SETPRTY:95P::DEAG//Deliverer’s BICCode

BIC code of the party withwhom the trade has to besettled.

:16S:SETPRTY:16R:SETPRTY:95P::SELL//ContractingBroker’s BIC Code

Details of Contractingbroker

:20C::PROC//A022382393 Contract Note Number:16S:SETPRTY:16R:SETPRTY:95P::PSET//Depository BICCode

Details of Depository onwhich client wishes to parksecurities

Settlement Partydetails

:16S:SETPRTY:16R:AMT:19A::SETT//INR10000,00 Settlement Amount:16S:AMT:16R:AMT:19A::EXEC//INR200,00 Brokerage Amount

Amountdetails

:16S:AMT:16S:SETDET

Message IFN 540 – Client to Custodian – Instruction to Receive Free – Debt

Format Sequence


Mandatory Sequence A General Information16R Start of Block GENL 20C Sender's Reference :4!c//16x To Identify the Client

Trade Ref No.Format:(Qualifier)//(Referencenumber)Qualifier : "SEME"Reference Number: 16Characters (Alphanumeric)

The reference should notstart or end with slash ‘/’and must not contain twoconsecutive slashes ‘//’

23G Function of theMessage

4!c To indicate new message(NEWM) /cancellation(CANC) of earlier message


98A Preparation Date :4!c//8!n To identify the date onwhich the message has beenprepared (PREP)

Format: (Qualifier) //(Date)Qualifier: “PREP” (4Characters)Date: YYYYMMDD


Reference :4!c//16x To indicate the cancelledinstruction (CANC).In case of NEWM, thisoptional LINK blockshould not be used.

Format: (Qualifier)/(Reference)Qualifier: ” PREV” (4Uppercase Characters)Reference: The reference no.as given in field 20C:qualifier SEME of theprevious instruction that isbeing cancelled. (16Characters)


16S GENL End of BlockEnd of Sequence A General Information

Mandatory Sequence B Trade Details16R TRADDET Start of Block94B Place of Trade :4!c//4!c/30x To identify exchange Format: (Qualifier)//(Place

Code)/(Narrative)

Qualifier: "TRAD"Place Code: "EXCH"Narrative:BIC code of the exchange/RBIwill be used. Where BIC codeis not available, pleaseindicate full name of theStock Exchange.

Place code will be “PRIM” forprimary market. Narrativeshould contain words ‘Primary

Market’e.g. – TRAD/PRIM/PrimaryMarket

98A Date :4!c//8!n To identify settlementdate (SETT)

Format: (Qualifier)//(Date)Qualifier: “SETT” (4Characters)Date: <YYYYMMDD>

98A Date :4!c//8!n To identify trade date(TRAD)

Format: (Qualifier)//(Date)Qualifier: “TRAD” (4Characters)Date: <YYYYMMDD>

(This field, if given, is for record purpose only as Custodian is not expected to settle the cash part) ?

90B Deal Price :4!c//4!c/3!a15d To indicate the traderate. The rate isexpressed as actual price[ACTU].

Format: (Qualifier)//(AmountType Code)/ (Currency Code)(Price)

Qualifier: “DEAL”Amount Type Code: “ACTU”Currency Code: “INR”Price: Up to 15 digits(including decimal places anddecimal sign). Comma has tobe used as decimal sign andis mandatory.

OR

90A Deal Price :4!c//4!c/15d To indicate the traderate. The rate isexpressed as percentage[PRCT].

Format: (Qualifier)//(AmountType Code)/(Price)

Qualifier: “DEAL”Amount Type Code: “PRCT”Price: Up to 15 digits(including decimal places anddecimal sign). Comma has tobe used as decimal sign andis mandatory.

35B Identification ofthe FinancialInstrument

[ISIN1!e12!c][4*35x]

To identify the ISIN ofthe scrip and companyname and type ofsecurity.In case of GSECs, the RBILoan code would beindicated using thequalifier "XX" in thedescription

Format: (Identification ofSecurity) (Description ofSecurity)

Identification of Security :“ISIN” (Followed by the ISINof the Security)

Description of Security:(4/3 lines of 35 CharactersSets)

In case ISIN doesn’t existfor a GSEC, use “/XX/RBI/”followed by Loan code asdefined by RBI.The remaining 3 lines are tobe used for the descriptionof the Security

Optional Subsequence B1 Financial Instrument Attributes

16R Start of Block FIA Details Required For DebtInstruments will beprovided in this block ifISIN is not available

70E FinancialInstrumentAttribute Narrative

:4!c//10*35x This should provideinformation on: Loan Code,Face Value, Maturity Datesand Amts, Allotment date,Interest Payment Date andAmts, Floating RateIndicator, Markup andBase, Put / Call Details,Credit Rating Details

Format: (Qualifier)(Narrative)

Qualifier: " FIAN"

Narrative: 10 lines of 35characters each can be usedto describe the security

16S End of Block FIA End of Subsequence B1 Financial Instrument Attributes

70E Narrative :4!c//10*35x To identifySegment Type e.g. Rolling(DR)/ Inter FII (DI)/Auction Rolling (AR) / OT(Other)

Format: (Qualifier)//(Narrative)Qualifier: “SPRO” (4Characters)Narrative:Line 1: “DR” or “DI” or “AR”or “OT”

16S End of Block TRADDET End of BlockEnd of Sequence B Trade Details

Mandatory Sequence C Financial Instrument/Account 16R Start of Block FIAC 36B Quantity of

FinancialInstrument to beSettled

:4!c//4!c/15d To define the tradequantity. In case of debtinstruments, the nominalquantity can be displayed

Format:(Qualifier)//(Quantity TypeCode) /(Quantity)

i.e. face value * quantityof shares [FAMT]Alternatively UNIT can beused to indicate number ofsecurities

Qualifier: “SETT” (4Uppercase Characters)

Quantity Type Code: “UNIT” or”FAMT” (4 Uppercasecharacters)

Quantity: up to 15 digits(including decimal places anddecimal sign). Comma has tobe used as decimal sign andis mandatory. Integer part ofthe amount must contain atleast one digit.

97A SAFE :4!c//35x To identify the

safekeeping account usingthe client safekeepingcode

Format: (Qualifier)//(Account Number)

Qualifier: “SAFE” (4Characters)Account Number: (35Characters)

16S End of Block FIAC

End of Sequence C Financial Instrument/Account

Mandatory Sequence E Settlement Details 16R SETDET Start of Block

22F Indicator :4!c//4!c A mandatory field to be

used as per ISO standards

The same needs to be hardcoded into every message

"SETR//TRAD"

so as to retaincompatibility to ISO

22F Indicator :4!c//4!c To indicate if thestanding instruction forregistration of securitiesis to be overridden

Format:(Qualifier)//(Indicator)

Qualifier: “REGT”Indicator:“NREG”: To hold thesecurities in street name.“YREG”: To register thesecurities.

Mandatory Subsequence E1 Settlement Parties16R Start of Block SETPRTY

95P Party :4!c//4!a2!a2!c[3!c]Indicates the party withwhom the trade has to besettled.

Party’s BIC code is used

(Can be either broker /custodian / seller /clearing house)

Format: (Qualifier) //(BICcode)Qualifier: “DEAG”BIC code of the party withwhom the trade has to besettled.

OR [in case BIC is not available]

95Q Party :4!c//4*35x Indicates the party withwhom the trade has to besettled.

Party’s name is used


Format:(Qualifier)//(Narrative)Qualifier: “DEAG”Narrative: Name of thecounter-party (4 lines of 35characters)

70C :4!c//4*35x Indicates the PartyContact Details (PACO)


Qualifier:"PACO" - for party contactdetails

Narrative:4 lines of 35 characters fordetails of party contactinformation

16S End of Block SETPRTY

End of Subsequence E1 Settlement Parties

Optional Subsequence E1 Settlement Parties 16R Start of Block SETPRTY

95P Party :4!c//4!a2!a2!c[3!c]Indicates the contracting

broker

broker BIC code is used

Format: (Qualifier)//(BICcode of broker)

Qualifier: “SELL”BIC Code of the contractingbroker

OR [in case BIC is not available]95Q Party :4!c//4*35x Indicates the contracting

broker

Broker Name is used

Format: (Qualifier)//(Narrative)Qualifier: “SELL”Narrative: Name of the broker(4 lines of 35 characters)

20C ProcessingReference


Format:(Qualifier)//(Narrative)

Qualifier: “PROC”Narrative: contract notereference number.

16S End of Block SETPRTY End of Subsequence E1 Settlement Parties

Optional Subsequence E1 Settlement Parties16R Start of Block SETPRTY

95P Party :4!c//4!a2!a2!c[3!c]To identify the custodianof the counter-party tothe deal.

Delivering Custodian’s BICcode is to be used.

Format: (Qualifier) //(BICCode)Qualifier: “DECU”BIC Code of the counter-partycustodian

OR [in case BIC is not available]95Q Party :4!c//4*35x To identify the custodian

of the counter-party tothe deal.

Delivering Custodian’sName is to be used.

Format: (Qualifier)//(Narrative)Qualifier: “DECU”Narrative: Name of thecounter-party custodian (4lines of 35 characters)


End of Optional Subsequence E1 Settlement Parties


95P Party :4!c//4!a2!a2!c[3!c]Indicates the counter-party seller to the deal

Counter-party seller’s BICcode is used

Format: (Qualifier) //(BICcode)Qualifier: “DEI1”BIC code of the counter-party

OR [in case BIC is not available]95Q Party :4!c//4*35x To identify the counter-

party seller to the deal

counter-party seller’sname is used

Format: (Qualifier)//(Narrative)Qualifier: “DEI1”Narrative: Name of thecounter-party (4 lines of 35characters)

16S End of Block SETPRTY End of Optional Subsequence E1 Settlement Parties


95P Party :4!c//4!a2!a2!c[3!c]Indicates the depositorywhere client’s securitiesare to be parked.

Depository BIC code is tobe used.

Format: (Qualifier)//(BICcode)

Qualifier: "PSET"BIC Code of the Depository


95Q Party :4!c//4*35x Indicates the depositorywhere client’s securitiesare to be parked.

Depository Name is to beused.


Qualifier: “PSET”Name of the depository


Optional Subsequence E3 Amount (This block, if given, is for record purpose only as client is going to settle the

16R AMT Start of Block

19A Amount :4!c//3!a15d To identify the DealAmount

Format: (Qualifier)//(Currency Code) (Amount)For: Deal AmountQualifier: “DEAL” (4 Uppercase Characters)Narrative: “INR” (3 UpperLetters)

Upto 15 digits (includingdecimal places and decimalsign) comma has to be used asdecimal sign and ismandatory. Integer part ofamount must contain at leastone digit.

16S AMT End of BlockEnd of Subsequence E3 Amounts


16R AMT Start of Block

19A Amount :4!c//3!a15d To identify the brokerage Format: (Qualifier)//(Currency Code) ( Amount)For Brokerage:Qualifier: “EXEC” (4 Uppercase Characters) Narrative: “INR” (3 UpperLetters)

Up to 15 digits (includingdecimal places and decimalsign). Comma has to be usedas decimal sign and ismandatory. Integer part ofamount must contain at leastone digit.



16R AMT Start of Block19A Amount :4!c//3!a15d To identify the accrued

interestQualifier: “ACRU” (4 Uppercase Characters)Narrative: “INR” (3 UpperLetters)




16R AMT Start of Block19A Amount :4!c//3!a15d To identify the settlement

amountFor Settlement AmountQualifier: “SETT” (4 Uppercase Characters)Narrative: “INR” (3 UpperLetters)

Up to 15 digits (includingdecimal places and decimalsign) comma has to be used asdecimal sign and ismandatory. Integer part ofamount must contain at leastone digit.


16S End of Block SETDET End of Sequence E Settlement Details

Note specific to this message for ‘Settlement Parties Details’: The party with whom trade is to be settled shouldalways be given against ‘DEAG’. The contracting broker is always to be given as ‘SELL’. The Counter-party custodianwill be indicated as ‘DECU’ and counter-party(actual seller) will be indicated as ‘DEI1’. In case the trade is tobe settled with contracting broker, contracting broker’s BIC code will be mentioned against ‘SELL’ as well as‘DEAG’. ‘DEAG’ is mandatory sub-sequence.

As per ISO 15022 standards, If “DEI1” is specified, then “DECU” has to be present. Similarly, if “DECU” isspecified, “SELL” has to be present.

Client needs to give party details accordingly. E.g., Where counter-party custodian details are not present, butclient wishes to give counter-party details, counter-party details should be mentioned for “DECU” also (apart from

IFN 540 – Debt Instruments – Instruction to Receive Free - Client to Custodian


:20C::SEME//S744874230946416

:98A::PREP//20020828

:20C::PREV//S744874230946415


INE009A01029GOI Security

:70E::FIAN//Debt instrumentAllot 12FEB02 - 9 pc fixedInterest FV 1,00,000 Redemption12FEB05 – 1,00,000 Int paymenton 12FEB and 12 AUG No put call

:70E::SPRO//OT:16S:TRADDET


:16R:SETDET:22F::SETR//TRAD:22F::REGT//YREG

:16R:SETPRTY:95P::DEAG//Deliverer’s BIC Code:70C::PACO//ABC brokerFloor 1, Xyz Street , Near Stock ExchngeTel. 0000000:16S:SETPRTY:16R:SETPRTY:95P::SELL//Contracting Broker’s BIC Code:20C::PROC//A022382393:16S:SETPRTY:16R:SETPRTY:95P::DECU//Counter-party Custodian’s BIC Code:16S:SETPRTY:16R:SETPRTY:95P::DEI1//Counter-party sellers BIC Code:16S:SETPRTY:16R:SETPRTY:95P::PSET//Depository BIC Code:16S:SETPRTY

:19A::DEAL//INR202000,00

:19A::ACRU//INR200,00

:19A::EXEC//INR100,00

:19A::SETT//INR202200,00

:16S:SETDET-}

Illustrative Example Explained – IFN 540 Debt – Client to Custodian – Instruction to Receive



:23G:CANC Indicates it is aCancellation message

:98A::PREP//20020828 Message preparation date16R:LINK:20C::PREV//S744874230946415 Indicates which of the

previous message is to becancelled

BlockgivingLINK ofpreviousmessageto becancelled

:16S:LINK



:98A::SETT//20020902 Settlement (Value) date:98A::TRAD//20020828 Trade Date:90B::DEAL//ACTU/INR101000,00

Deal rate

:35B:ISIN INE009A01029GOI Security


:16R:FIA:70E::FIAN//Debt instrumentAllot 12FEB02 - 9 pc fixedinterest FV 1,00,000Redemption 12FEB05 -1,00,000 Int paymenton 12FEB and 12 AUG No putcall

Details and Features of theinstrument

FIAblockgivingdetailsofinstruments :16S:FIA

:70E::SPRO//OT Market type Other:16S:TRADDET:16R:FIAC:36B::SETT//UNIT/2,00 Quantity in units:97A::SAFE//CLNTCODE Client code (Safekeeping

Code)

Block FIAC gives


:16S:FIAC:16R:SETDET:22F::SETR//TRAD Taken as mandatory field:22F::REGT//YREG Indicates that securities

are to be sent forRegistration

:16R:SETPRTY:95P::DEAG//Deliverer’s BICCode

BIC code of party with whomtrade has to be settled.

:70C::PACO//ABC brokerFloor 1, Xyz Street , NearStock ExchangeTel. 0000000

Party contact details

:16S:SETPRTY:16R:SETPRTY:95P::SELL//ContractingBroker’s BIC Code

Contracting broker’s BICCode


:20C::PROC//A022382393 Contract Note Number

:16S:SETPRTY:16R:SETPRTY:95P::DECU//Counter-partyCustodian’s BIC Code

Counter-party Custodian’scode

:16S:SETPRTY:16R:SETPRTY:95P::DEI1//Counter-partysellers BIC Code

Counter-party Seller

:16S:SETPRTY:16R:SETPRTY:95P::PSET//Depository BICCode

Details of Depository onwhich client wishes toaccept securities

:16S:SETPRTY:16R:AMT:19A::DEAL//INR202000,00 Trade Amount:16S:AMT:16R:AMT:19A::ACRU//INR200,00 Accrued Amount:16S:AMT:16R:AMT:19A::EXEC//INR100,00 Brokerage Amount:16S:AMT:16R:AMT:19A::SETT//INR202200,00 Settlement Amount

Amountdetails

:16S:AMT:16S:SETDET

Message IFN 541 – Client to Custodian - Instruction to Receive Against Payment(Equity Scrip)

Format Sequence

Mandatory Sequence A General Information Tag Generic Field


GENL Start of BlockReference :4!c//16x To Identify the Client Trade

Reference NumberFormat: (Qualifier)//(Referencenumber)Qualifier : "SEME"Reference Number: 16 Characters(Alphanumeric)



Format: (Qualifier)

Qualifier: "NEWM" or "CANC"

Date ofPreparation



Optional Subsequence A1 LinkagesLINK Start of block:4!c//16x To indicate the cancelled

instruction (CANC).Format: (Qualifier) /(Reference)Qualifier: ” PREV” (4 Uppercase

In case of NEWM, thisoptional LINK block shouldnot be used

Characters)Reference: The reference no. asgiven in field 20C – qualifier“SEME” of the previousinstruction that is beingcancelled. (16 Characters)



Mandatory Sequence B Trade Details TRADDET Place :4!c//4!c/30x To identify exchange Format: (Qualifier)//(Place

Code)/(Narrative)


Place code will be “PRIM” forprimary market. Narrative shouldcontain words ‘Primary Market’e.g. – TRAD/PRIM/Primary Market


Date :4!c//8!n To identify trade date Format: (Qualifier)//(Date)Qualifier: “TRAD” (4 Characters)

Date: <YYYYMMDD>

Price :4!c//4!c/3!a15d To identify the trade rate Format: (Qualifier)//(Amount TypeCode)/(Currency Code) (Price)

Qualifier: “DEAL” (4 Characters)Amount Type Code: “ACTU” (4Characters)Currency Code: “INR” (3 alphabets)Price: up to 15 digits (includingdecimal places and decimal sign)comma has to be used as decimalsign and is mandatory.


[ISIN1!e12!c][4*35x]


Identification of Security: “ISIN”(followed by ISIN of the security)


FX BookingInstruction

:4!c//3!a Instruction to indicate theforeign currency andinstruction to book the same

Format: (Qualifier) //(Currencycode)Qualifier: “FXIS”- Currency toSellCurrency code – Valid Currencycode

Narrative :4!c//10*35x To identifySegment Type e.g. Rolling(DR)/ Inter FII (DI)/Auction Rolling (AR) / OT

Format: (Qualifier) //(Narrative)Qualifier: “SPRO” (4 Characters)Narrative: “DR” or “DI” or “AR”or “OT”

(Other)







Format: (Qualifier)//(QuantityType Code)/(Quantity)Qualifier: “SETT” (4 Characters)Quantity Type Code: ”UNIT” (4Characters)Quantity: up to 15 digits(including decimal places anddecimal sign). Comma has to beused as decimal sign and ismandatory. Integer part of amountmust contain at least one digit.





Mandatory Sequence E Settlement Details





The same needs to be hardcoded into every message soas to retain compatibilityto ISO standards

"SETR//TRAD"






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

Indicates the BIC code ofthe party with whom thetrade has to be settled(e.g. Whether broker orClearing House or any otherentity with whom trade hasto be settled)

Format: (Qualifier)//(BIC code ofbroker or Clearing House)

Qualifier: "DEAG"BIC Code of the broker or ClearingHouse or any other entity withwhom trade has to be settled.


Party :4!c//4*35x Indicates party with whomthe trade has to be settled(broker’s exchange code orbroker’s name or Name ofClearing House or Name ofthe concerned entity withwhom trade has to besettled)


Qualifier: "DEAG"Broker’s Exchange code ( or Nameof the broker) / Name of theClearing House / Name of the anyother entity with whom trade hasto be settled.



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

Indicates the Bic code ofthe contracting broker


Qualifier: "SELL"BIC Code of the broker

OR [in case BIC is not available]Party :4!c//4*35x Indicates contracting

broker’s exchange code orcontracting broker’s name


Qualifier: "SELL"Broker’s Exchange code ( or Nameof the broker)

ProcessingReference






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

Indicates the Bic Code ofthe depository at whichclient’s shares should beparked




depositoryFormat: (Qualifier)//(Name)



Mandatory Subsequence E3 Amounts AMT Start of BlockAmount :4!c//3!a15d Indicates Settlement Amount



Up to 15 digits (including decimalplaces and decimal sign). Commahas to be used as decimal sign andis mandatory. Integer part ofamount must contain at least one

digit. AMT End of Block

End of Subsequence E3 Amounts

Optional Subsequence E3 Amounts AMT Start of BlockAmount :4!c//3!a15d Indicates Brokerage (EXEC) Format:

(Qualifier)//(Currency)(Amount)


Up to 15 digits (including decimalplaces and decimal sign). Comma hasto be used as decimal sign and ismandatory. Integer part of amountmust contain at least one digit.


SETDET End of Block

End of Sequence E Settlement Details

Illustration - IFN 541- Instruction to Receive Against Payment - Equity


:20C::SEME//S744874230946416

:98A::PREP//20020828

:16R:TRADDET:94B::TRAD//EXCH/XNSEINB1XXX:98A::SETT//20020902:98A::TRAD//20020828:90B::DEAL//ACTU/INR3415,33:35B:ISIN INE009A01021INFOSYS TECH DEM INR5.00:11A::FXIS//USD:70E::SPRO//DR:16S:TRADDET


:16R:SETDET:22F::SETR//TRAD:22F::REGT//YREG:16R:SETPRTY:95P::DEAG//CCILINB1XXX:16S:SETPRTY:16R:SETPRTY:95P::SELL//Broker BIC Code:20C::PROC//A022382393:16S:SETPRTY:16R:SETPRTY

:95P::PSET//Depository BIC Code:16S:SETPRTY

:19A::SETT//INR13661333,60

:19A::EXEC//INR15000,00

:16S:SETDET-}

Illustrative Example Explained – IFN 541 - Instruction to Receive Against Payment - Equity


reference, viz. FI/MF’sinternal reference number

:23G:NEWM Indicates it is a newmessage



:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XNSEINB1XXX Stock exchange on which

trade has taken place (NSE):98A::SETT//20020902:98A::TRAD//20020828

Settlement (Value date)Trade Date

:90B::DEAL//ACTU/INR3415,33 Deal rate:35B:ISIN INE009A01021INFOSYS TECH DEM INR5.00

ISIN and name of thesecurity.

:11A::FXIS//USD Instruction to book FXagainst USD

:70E::SPRO//DR Market type DR

Block TRADDET givestrade details

:16S:TRADDET:16R:FIAC:36B::SETT//UNIT/4000,00 Quantity in units:97A::SAFE//CLNTCODE Client code (Safekeeping

Code)

Block FIAC givesFinancial Account

:16S:FIAC:16R:SETDET:22F::SETR//TRAD Always taken as TRAD:22F::REGT//YREG Instruction to register the

securities

Details ofSettlementParties

:16R:SETPRTY

:95P::DEAG//CCILINB1XXX Indicates that trade has tobe settled with ClearingHouse

:16S:SETPRTY:16R:SETPRTY:95P::SELL//Broker BIC Code Contracting broker BIC Code:20C::PROC//A022382393 Broker Contract Note no:16S:SETPRTY:16R:SETPRTY:95P::PSET//Depository BICCode

BIC code of the depositorywhere shares should beparked

:16S:SETPRTY:16R:AMT:19A::SETT//INR13661333,60 Settlement amount:16S:AMT:16R:AMT:19A::EXEC//INR15000,00 Brokerage

Amountdetails

:16S:AMT:16S:SETDET

Message IFN 541 – Client to Custodian - Instruction to Receive against Payment(Debt Scrip)

Format Sequence

Tag Detailed Field Name Content/Options Purpose

Mandatory Sequence A General Information16R Start of Block GENL 20C Sender’s Reference :4!c//16x To Identify the Client


The reference should notstart or end with slash ‘/’and must not contain twoconsecutive slashes ‘//’.





Format: (Qualifier) //(Date)

Qualifier: “PREP” (4Characters)

Date: YYYYMMDD


instruction (CANC).In case of NEWM, thisoptional LINK blockshould not be used.

Format: (Qualifier)/(Reference)

Qualifier: ” PREV” (4Uppercase Characters)Reference: The reference no.as given in field 20C:qualifier SEME of theprevious instruction that isbeing cancelled. (16Characters)


16S End of Block GENL End of Sequence A General Information

Mandatory Sequence B Trade Details16R Start of Block TRADDET 94B Place of Trade :4!c//4!c/30x To identify exchange Format: (Qualifier)//(Place

Code)/(Narrative)

Qualifier: "TRAD"Place Code: "EXCH"Narrative:BIC code of the exchange/RBIwill be used. Where BIC codeis not available, pleaseindicate full name of theStock Exchange

Place code will be “PRIM” forprimary market. Narrativeshould contain words ‘PrimaryMarket’e.g. – TRAD/PRIM/PrimaryMarket








OR

90A Deal Price :4!c//4!c/15d To indicate the traderate. The rate isexpressed as percentage[PRCT].




[ISIN1!e12!c][4*35x]



Identification of Security:“ISIN” followed by the ISINof the security

Description of Security:(4/3 lines of 35 CharactersSets)In case ISIN doesn’t existfor a GSEC, use “/XX/RBI/”followed by Loan code asdefined by RBI.The remaining 3 lines are tobe used for the descriptionof the Security

Optional Subsequence B1 Financial Instrument Attributes

16R Start of Block FIA Details Required For DebtInstruments will beprovided in this block ifISIN is not available


:4!c//10*35x This should provideinformation on: Loan Code,Face Value, Maturity Datesand Amts, Allotment date,Interest Payment Date andAmts, Floating RateIndicator, Markup andBase, Put / Call DetailsCredit Rating Details


Qualifier: " FIAN"

Narrative: 10 lines of 35characters can be used todescribe the security

16S End of Block FIA

End of Subsequence B1 Financial Instrument Attributes

11A FX TradeInstruction

:4!c//3!a Instruction to indicatethe foreign currency andinstruction to book thesame

Format: (Qualifier)//(Currency code)Qualifier: “FXIS”- Currencyto SellCurrency code – ValidCurrency code

70E Narrative :4!c//10*35x To identifySegment Type i.e. Rolling(DR)/ Inter FII (DI)/Auction Rolling (AR) / OT(Other)




FinancialInstrument

:4!c//4!c/15d To define the tradequantity. In case of debtinstruments, the nominalquantity can be displayedi.e. face value * quantityof shares [FAMT]Alternatively [UNIT] canbe used to indicate no ofshares


Qualifier: “SETT”Quantity Type Code: “UNIT or”FAMT”Quantity: up to 15 digits(including decimal places anddecimal sign). Comma has tobe used as decimal sign andis mandatory. Integer part ofamount must contain at leastone digit.











The same needs to be hardcoded into message so as toretain compatibility to ISOstandards

"SETR//TRAD"








Format: (Qualifier) //(BICcode)Qualifier: “DEAG”BIC code of the party withwhom the trade has to besettled.


95Q Party :4!c//4*35x Indicates the party withwhom the trade has to besettled.



Format:(Qualifier)//(Narrative)Qualifier: “DEAG”Narrative: Name of thecounter-party (4 lines of 35characters)









broker



Qualifier: “SELL”BIC Code of the contractingbroker


broker

Broker Name is used

Format: (Qualifier)//(Narrative)Qualifier: “SELL”Narrative: Name of the broker(4 lines of 35 characters)








Delivering Custodian’s BICcode is to be used.

Format: (Qualifier) //(BICCode)Qualifier: “DECU”BIC Code of the counter-partycustodian



Delivering Custodian’sName is to be used.

Format: (Qualifier)//(Narrative)Qualifier: “DECU”Narrative: Name of thecounter-party custodian (4lines of 35 characters)




95P Party :4!c//4!a2!a2!c[3!c]Indicates the counter-party seller to the deal

Counter-party seller’s BICcode is used

Format: (Qualifier) //(BICcode)Qualifier: “DEI1”BIC code of the counter-party


party seller to the deal

counter-party seller’sname is used

Format: (Qualifier)//(Narrative)Qualifier: “DEI1”Narrative: Name of thecounter-party (4 lines of 35characters)



95P Party :4!c//4!a2!a2!c[3!c]Indicates the depositorywhere client’s securitiesare to be parked.





95Q Party :4!c//4*35x Indicates the depositorywhere client’s securitiesare to be parked.





Mandatory Subsequence E3 Amounts 16R Start of Block AMT

19A Amount :4!c//3!a15d To identify the Deal

AmountFormat: (Qualifier)//(Currency Code) (Amount)For: Deal AmountQualifier: “DEAL” (4 Uppercase Characters)Narrative: “INR” (3 UpperLetters)


16S End of Block AMT

End of Mandatory Subsequence E3 Amounts

Optional Subsequence E3 Amounts16R Start of Block AMT

19A Amount :4!c//3!a15d To identify the accruedinterest in case of debtinstruments

Qualifier: “ACRU” (4 Uppercase Characters)Narrative: “INR” (3 UpperLetters)



End of Optional Subsequence E3 Amounts

Optional Subsequence E3 Amounts AMT Start of Block


Qualifier: "EXEC" forbrokerage amount

Currency: "INR" upto 15digits (including decimalplaces and decimal sign).Comma has to be used asdecimal sign and ismandatory. Integer part ofamount must contain at least

one digit.

AMT End of Block


Optional Subsequence E3 Amounts16R Start of Block AMT

19A Amount :4!c//3!a15d To identify the settlementamount

For Settlement AmountQualifier: “SETT” (4 Uppercase Characters) Narrative: “INR” (3 UpperLetters)

Upto 15 digits (includingdecimal places and decimalsign) comma has to be used asdecimal sign and ismandatory. Integer part ofamount must contain at leastone digit.



16S End of Block SETDET


Note specific to this message for ‘Settlement Parties Details’: The party with whom trade is to be settled shouldalways be given against ‘DEAG’. The contracting broker is always to be given as ‘SELL’. The Counter-party custodianwill be indicated as ‘DECU’ and counter-party (actual seller) will be indicated as ‘DEI1’. In case the trade is tobe settled with contracting broker, contracting broker’s BIC code will be mentioned against ‘SELL’ as well as‘DEAG’. ‘DEAG’ is mandatory sub-sequence.

As per ISO 15022 standards, If “DEI1” is specified, then “DECU” has to be present. Similarly, if “DECU” isspecified, “SELL” has to be present.

Client needs to give party details accordingly. E.g., Where counter-party custodian details are not present, butclient wishes to give counter-party details, counter-party details should be mentioned for “DECU” also (apart from

Illustration (IFN 541)- Instruction to Receive Against Payment - (Debt)


:20C::SEME//S744874230946416

:98A::PREP//20020828

:16R:TRADDET:94B::TRAD//EXCH/XNSEINB1XXX:98A::SETT//20020902:98A::TRAD//20020828:90B::DEAL//ACTU/INR200,33:35B:ISIN IN2220000011Maharashtra State Loan 2010

:70E::FIAN// Face Value 1000,00Maturity 10-Aug-2010Interest payment dates15JAN / 15 JULFix rate 9 per cent



:16R:SETDET:22F::SETR//TRAD:22F::REGT//NREG:16R:SETPRTY

:95P::DEAG//CUST_BIC_CD:70C::PACO// Please contact Mr XYZTelephone nos 1233237:16S:SETPRTY:16R:SETPRTY:95P::SELL//BRK_BIC_CD:20C::PROC//A022382393:16S:SETPRTY:16R:SETPRTY:95P::DECU//CUST_BIC_CD:16S:SETPRTY:16R:SETPRTY:95P::DEI1//SELLER BIC CD:16S:SETPRTY

:19A::DEAL//INR200330,00

:19A::ACRU//INR1250,50

:19A::EXEC//INR2500,00

:19A::SETT//INR201580,50

:16S:SETDET

Illustrative Example Explained - IFN 541 Instruction to Receive Against Payment - Debt






:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XNSEINB1XXX Stock exchange where

trade has taken place.:98A::SETT//20020902 Settlement (Value date):98A::TRAD//20020828 Trade Date:90B::DEAL//ACTU/INR200,33 Deal rate:35B:ISIN IN2220000011Maharashtra State Loan 2010

Name of the security(ISIN if available)

:16R:FIA:70E::FIAN// Face Value1000,00. Maturity 10-Aug-2010. Interest payment dates15JAN / 15 JUL. Fix rate 9 percent

Loan code, face value,Maturity, interestpayment details,Fix/floating and mark-updetails, base rate(MIBOR, Reuters) detailsetc

Block FIAgivesdetailsofInstrument

:16S:FIA:70E::SPRO//OT Other Segment:16S:TRADDET

:16R:FIAC:36B::SETT//UNIT/1000,00 Quantity in units:97A::SAFE//CLNTCODE Client code (Safekeeping

Code)


:16S:FIAC:16R:SETDET:22F::SETR//TRAD Mandatory Flag:22F::REGT//NREG Instruction to hold

securities in street name:16R:SETPRTY:95P::DEAG//CUST_BIC_CD Indicates the BIC code of

the party with whom tradeis to be settled.

:70C::PACO// Please contact MrXYZ. Telephone no 1233237

Party’s contact details

:16S:SETPRTY:16R:SETPRTY:95P::SELL//BRK_BIC_CD Contracting Broker’s BIC

code:20C::PROC//A022382393 Contract Note no:16S:SETPRTY:16R:SETPRTY:95P::DECU//CUST_BIC_CD Counter party’s custodian:16S:SETPRTY:16R:SETPRTY:95P::DEI1//SELLER BIC CD Counter party Seller

SettlementPartydetails

:16S:SETPRTY:16R:AMT:19A::DEAL//INR200330,00 Deal amount:16S:AMT:16R:AMT:19A::ACRU//INR1250,50 Accrued interest:16S:AMT

Amountdetails

:16R:AMT

:19A::EXEC//INR2500,00 Broker’s commission:16S:AMT:16R:AMT:19A::SETT//INR201580,50 Settlement amount:16S:AMT:16S:SETDET

Message IFN 542 – Client to Custodian – Instruction to Deliver Free – Equity

Format Sequence

Mandatory Sequence A General Information Tag Field Name Content/Options Purpose Rules






Date ofPreparation




Reference :4!c//16x To indicate the cancelledinstruction (CANC).In case of NEWM, this

Format: (Qualifier) /(Reference)Qualifier: ” PREV” (4 UppercaseCharacters)

optional LINK block shouldnot be used

Reference: The reference no. asgiven in field 20C – qualifierSEME of the previous instructionthat is being cancelled. (16Characters)



Mandatory Sequence B Trade Details TRADDET Start of blockPlace :4!c//4!c/30x To identify exchange Format: (Qualifier)//(Place

Code)/(BIC Code Narrative)




Deal Price :4!c//4!c/3!a15d To identify the trade rate

(This field, if given, isfor record purpose only as

Format: (Qualifier)//(Amount TypeCode)/(Currency Code) (Price)

Qualifier: “DEAL” (4 Characters)

client is going to settlethe cash part)

Amount Type Code: “ACTU” (4Characters)Currency Code: “INR” (3 alphabets)Price: Up to 15 digits (includingdecimal places and decimal sign).Comma has to be used as decimalsign and is mandatory.


[ISIN1!e12!c][4*35x]


Identification of Security:“ISIN” (followed by the ISIN ofthe security)


Narrative :4!c//10*35x To identifySegment Type i.e. Rolling(DR)/ Inter FII (DI)/Auction Rolling (AR) / OT(Other)

Format: (Qualifier) //(Narrative)Qualifier: “SPRO” (4 Characters)Narrative:Line 1: “DR” or “DI” or “AR” or“OT”





FIAC Start of Block

Quantity ofFinancialInstrument


Format: (Qualifier)//(QuantityType Code)/(Quantity)Qualifier: “SETT” (4 Characters)Quantity Type Code: ”UNIT” (4Characters)

Quantity: Up to 15 digits(including decimal places anddecimal sign). Comma has to beused as decimal sign and ismandatory. Integer part of amountmust contain at least one digit.









The same needs to be hardcoded into every message soas to retain compatibilityto ISO

"SETR//TRAD"

Mandatory Subsequence E1 Settlement Parties SETPRTY Start of Block

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

Indicates the BIC code ofthe party with whom thetrade has to be settled.

Format: (Qualifier)//(BIC code)

Qualifier: "REAG"BIC Code of the party with whomthe trade has to be settled.

OR [in case BIC is not available]Party :4!c//4*35x Indicates the name of the

party with whom the tradehas to be settled


Qualifier: "REAG"Broker’s Exchange code ( or Nameof the broker) or Clearing Houseor other party with whom trade hasto be settled.



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

Indicates the BIC code ofthe contracting broker


Qualifier: "BUYR"BIC Code of the broker


Party :4!c//4*35x Indicates contractingbroker’s exchange code orcontracting broker’s name


Qualifier: "BUYR"Broker’s Exchange code ( or Nameof the broker)

ProcessingReference






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

Indicates the BIC Code ofthe depository from whereclient’s shares should bedelivered




depository from whereclient’s shares should bedelivered.



SETPRTY End of Block


Optional Subsequence E3 Amounts (This block, if given, is for record purpose only as client is going to settle the

AMT Start of BlockAmount :4!c//3!a15d Indicates Settlement Amount



Up to 15 digits (including decimalplaces and decimal sign). Commahas to be used as decimal sign andis mandatory. Integer part ofamount must contain at least onedigit.


Optional Subsequence E3 Amounts (This block, if given, is for record purpose only as client is going to settle the

AMT Start of BlockAmount :4!c//3!a15d Indicates Brokerage (EXEC) Format:

(Qualifier)//(Currency)(Amount)


Up to 15 digits (including decimalplaces and decimal sign) comma hasto be used as decimal sign and ismandatory. Integer part of amountmust contain at least one digit.

AMT End of Block SETDET End of Block


IFN 542 – Client to Custodian – Instruction to deliver Free - Equity Instruments


:20C::SEME//S744874230946416

:98A::PREP//20020828


INE009A01021INFOSYS TECH DEM INR5.00:70E::SPRO//OT:16S:TRADDET


:16R:SETDET:22F::SETR//TRAD:16R:SETPRTY:95P::REAG//Receipient’s BIC Code:16S:SETPRTY:16R:SETPRTY:95P::BUYR//Contracting Broker’s BIC Code:20C::PROC//A022382393:16S:SETPRTY:16R:SETPRTY:95P::PSET//Depository BIC Code:16S:SETPRTY

:19A::SETT//INR10000,00

:19A::EXEC//INR200,00

:16S:SETDET

Illustrative Example Explained - IFN 542 Client to Custodian – Instruction to deliver Free -Equity Instruments



:23G:NEWM Indicates it is a NewMessage





:98A::SETT//20020902 Settlement (Value) date:98A::TRAD//20020828 Trade Date:90B::DEAL//ACTU/INR2000,00 Deal rate:35B:ISIN INE009A01021INFOSYS TECH DEM INR5.00


:70E::SPRO//OT Market segment on whichtraded

Block TRADDET givesTrade Details

:16S:TRADDET:16R:FIAC:36B::SETT//UNIT/5,00 Quantity in units:97A::SAFE//CLNTCODE Client Account code

(Safekeeping Code)

Block FIAC gives


:16S:FIAC:16R:SETDET:22F::SETR//TRAD Always take as TRAD


:16R:SETPRTY

95P::REAG//Receipient’s BICCode

BIC code of party with whomtrade has to be settled –

:16S:SETPRTY:16R:SETPRTY:95P::BUYR//ContractingBroker’s BIC Code

Details of Contractingbroker

:20C::PROC//A022382393 Contract Note Number:16S:SETPRTY:16R:SETPRTY:95P::PSET//Depository BICCode

Details of Depository fromwhere client wishes todeliver securities

:16S:SETPRTY:16R:AMT:19A::SETT//INR10000,00 Settlement Amount:16S:AMT:16R:AMT:19A::EXEC//INR200,00 Brokerage Amount

Amountdetails

:16S:AMT:16S:SETDET

Message IFN 542 – Client to Custodian – Instruction to Deliver Free – Debt

Format Sequence


Mandatory Sequence A General Information16R Start of Block GENL 20C Sender's Reference :4!c//16x To Identify the Client


The reference should notstart or end with slash ‘/’and must not contain twoconsecutive slashes ‘//’





Format: (Qualifier) //(Date)Qualifier: “PREP” (4Characters) Date: YYYYMMDD

Optional Subsequence A1 Linkages

LINK Start of blockReference :4!c//16x To indicate the cancelled



LINK End of Block End of Optional Subsequence A1 Linkages

16S GENL End of BlockEnd of Sequence A General Information

Mandatory Sequence B Trade Details16R TRADDET Start of Block94B Place of Trade :4!c//4!c/30x To identify exchange Format: (Qualifier)//(Place

Code)/(Narrative)



Format: (Qualifier)//(Date)Qualifier: “SETT” (4Characters)

Date: <YYYYMMDD>






OR90A Deal Price :4!c//4!c/15d To indicate the trade

rate. The rate isexpressed as percentage[PRCT].




[ISIN1!e12!c][4*35x]





Optional Subsequence B1 Financial Instrument Attributes16R Start of Block FIA Details Required For Debt

Instruments will beprovided in this block ifISIN is not available




Qualifier: " FIAN"


16S End of Block FIA End of Subsequence B1 Financial Instrument Attributes

70E Narrative :4!c//10*35x To identifySegment Type i.e. Rolling(DR)/ Inter FII (DI)/Auction Rolling (AR) / OT(Other




FinancialInstrument to beSettled

:4!c//4!c/15d To define the tradequantity. In case of debtinstruments, the nominalquantity can be displayedi.e. face value * quantityof shares [FAMT]Alternatively UNIT can beused to indicate no ofshares



Quantity Type Code: “UNIT or”FAMT” (4 UppercaseCharacters)

Quantity: Up to 15 digits(including decimal places anddecimal sign) comma has to beused as decimal sign and ismandatory. Integer part ofamount must contain at leastone digit.







Mandatory Sequence E Settlement Details 16R SETDET Start of Block

22F Indicator :4!c//4!c A mandatory field to be


The same needs to be hardcoded into every messageso as to retaincompatibility to ISO

"SETR//TRAD"




(Can be either broker /

Format: (Qualifier) //(BICcode)Qualifier: “REAG”BIC code of the party withwhom the trade has to besettled.

custodian / seller /clearing house)

OR [in case BIC is not available]95Q Party :4!c//4*35x Indicates the party with

whom the trade has to besettled.



Format:(Qualifier)//(Narrative)Qualifier: “REAG”Narrative: Name of thecounter-party (4 lines of 35characters)








95P Party :4!c//4!a2!a2!c[3!c]Indicates the contractingbroker



Qualifier: “BUYR”BIC Code of the contractingbroker


broker

Broker Name is used

Format: (Qualifier)//(Narrative)Qualifier: “BUYR”

Narrative: Name of the broker(4 lines of 35 characters)








Receiving Custodian’s BICcode is to be used.

Format: (Qualifier) //(BICCode)Qualifier: “RECU”BIC Code of the counter-partycustodian


95Q Party :4!c//4*35x To identify the custodianof the counter-party tothe deal.

Receiving Custodian’s Nameis to be used.

Format: (Qualifier)//(Narrative)Qualifier: “RECU”Narrative: Name of thecounter-party custodian (4lines of 35 characters)




95P Party :4!c//4!a2!a2!c[3!c]Indicates the counter-party buyer to the deal

Counter-party buyer’s BICcode is used

Format: (Qualifier) //(BICcode)Qualifier: “REI1”BIC code of the counter-party


party buyer to the deal

counter-party buyer’s nameis used

Format: (Qualifier)//(Narrative)Qualifier: “REI1”Narrative: Name of thecounter-party (4 lines of 35characters)



95P Party :4!c//4!a2!a2!c[3!c]Indicates the depositoryfrom where client’ssecurities are to bedelivered.




OR [in case BIC is not available]95Q Party :4!c//4*35x Indicates the depository

from where client’ssecurities are to bedelivered.






16R AMT Start of Block19A Amount :4!c//3!a15d To identify the Deal

AmountFormat: (Qualifier)//(Currency Code) (Amount)For: Deal AmountQualifier: “DEAL” (4 Uppercase Characters)Narrative: “INR” (3 UpperLetters)

Up to 15 digits (includingdecimal places and decimalsign). Comma has to be usedas decimal sign and ismandatory. Integer part ofamount must contain at least

one digit.16S AMT End of Block



16R AMT Start of Block19A Amount :4!c//3!a15d To identify the brokerage

in case of debtinstruments

Format: (Qualifier)//(Currency Code) ( Amount)For Brokerage:Qualifier: “EXEC” (4 Uppercase Characters) Narrative: “INR” (3 UpperLetters)




16R AMT Start of Block19A Amount :4!c//3!a15d To identify the accrued

interest in case of debtinstruments


Up to 15 digits (includingdecimal places and decimal

sign) comma has to be used asdecimal sign and ismandatory. Integer part ofamount must contain at leastone digit.



16R AMT Start of Block19A Amount :4!c//3!a15d To identify the settlement

amountFor Settlement AmountQualifier: “SETT” (4 Uppercase Characters) Narrative: “INR” (3 UpperLetters)



16S End of Block SETDET End of Sequence E Settlement Details

Note specific to this message for ‘Settlement Parties Details’: The party with whom trade is to be settled shouldalways be given against ‘REAG’. The contracting broker is always to be given as ‘BUYR’. The Counter-party custodianwill be indicated as ‘RECU’ and counter-party (actual seller) will be indicated as ‘REI1’. In case the trade is to

be settled with contracting broker, contracting broker’s BIC code will be mentioned against ‘BUYR’ as well as‘REAG’. ‘REAG’ is mandatory sub-sequence.

As per ISO 15022 standards, If “REI1” is specified, then “RECU” has to be present. Similarly, if “RECU” isspecified, “BUYR” has to be present.

Client needs to give party details accordingly. E.g., Where counter-party custodian details are not present, butclient wishes to give counter-party details, counter-party details should be mentioned for “RECU” also (apart from

IFN 542 - Client to Custodian – Instruction to Deliver Free - Debt Instruments


:20C::SEME//S744874230946416

:98A::PREP//20020828

:20C::PREV//S744874230946415


INE009A01029GOI Security

:70E::FIAN//Debt instrumentAllot 12FEB02 - 9 pc fixed interest FV 1 ,00,000Redemption 12FEB05 - 1,00,000 Int paymenton 12FEB and 12 AUG No put call



:16R:SETDET:22F::SETR//TRAD:16R:SETPRTY

:95P::REAG//Receipient’s BIC Code:70C::PACO//ABC broker

Floor, Xyz Street , Near Stock ExchngeTel. 0000000:16S:SETPRTY:16R:SETPRTY:95P::BUYR//Contracting Broker’s BIC Code:20C::PROC//A022382393:16S:SETPRTY:16R:SETPRTY:95P::RECU//Counter-party Custodians BIC Code:16S:SETPRTY:16R:SETPRTY:95P::REI1//Counter- party buyer’s BIC Code:16S:SETPRTY:16R:SETPRTY:95P::PSET//Depository BIC Code:16S:SETPRTY

:19A::DEAL//INR202000,00

:19A::ACRU//INR200,00

:19A::EXEC//INR100,00

:19A::SETT//INR202200,00

Illustrative Example Explained - IFN 542 - Client to Custodian – Instruction to Deliver Free -Debt Instruments



:23G:CANC Indicates it is aCancellation message

:98A::PREP//20020828 Message preparation date16R:LINK:20C::PREV//S744874230946415 Indicates which of the

previous message is to becancelled

BlockgivingLINK ofpreviousmessageto becancelled

:16S:LINK



:98A::SETT//20020902 Settlement (Value) date:98A::TRAD//20020828 Trade Date:90B::DEAL//ACTU/INR101000,00

Deal rate

:35B:ISIN INE009A01029GOI Security


:16R:FIA:70E::FIAN//Debt instrumentAllot 12FEB02 - 9 pc fixedinterest FV 1,00,000Redemption 12FEB05 -1,00,000 Int paymenton 12FEB and 12 AUG No putcall

Details and Features of theinstrument

FIAblockgivingdetailsofinstruments :16S:FIA

:70E::SPRO//OT Market type Other:16S:TRADDET:16R:FIAC:36B::SETT//UNIT/2,00 Quantity in units:97A::SAFE//CLNTCODE Client code (Safekeeping

Code)

Block FIAC gives


:16S:FIAC:16R:SETDET:22F::SETR//TRAD Taken as mandatory field:16R:SETPRTY:95P::REAG//Deliverer’s BICCode

BIC code of party with whomtrade has to be settled –It could be broker or CH.

:70C::PACO//ABC brokerFloor 1, Xyz Street , NearStock ExchangeTel. 0000000


:16S:SETPRTY:16R:SETPRTY:95P::BUYR//ContractingBroker’s BIC Code

Contracting broker’s BICCode

:20C::PROC//A022382393 Contract Note Number:16S:SETPRTY


:16R:SETPRTY

:95P::RECU//Counter-partyCustodian’s BIC Code

Counter-party Custodian’scode

:16S:SETPRTY:16R:SETPRTY:95P::REI1//Counter-partysellers BIC Code

Counter-party buyer

:16S:SETPRTY:16R:SETPRTY:95P::PSET//Depository BICCode

Details of Depository fromwhich client wishes todeliver securities

:16S:SETPRTY:16R:AMT:19A::DEAL//INR202000,00 Trade Amount:16S:AMT:16R:AMT:19A::ACRU//INR200,00 Accrued Amount:16S:AMT:16R:AMT:19A::EXEC//INR100,00 Brokerage Amount:16S:AMT:16R:AMT:19A::SETT//INR202200,00 Settlement Amount

Amountdetails

:16S:AMT:16S:SETDET

Message IFN 543 – Client to Custodian – Instruction to Deliver Against Payment(Equity Scrip)

Format Sequence

Mandatory Sequence A General Information Tag Generic Field





4!c To indicate new message(NEWM) / cancellation (CANC)of earlier message


Date ofPreparation




instruction (CANC).Format: (Qualifier) /(Reference)Qualifier: ” PREV” (4 Uppercase

In case of NEWM, thisoptional LINK block shouldnot be used

Characters)Reference: The reference no. asgiven in field 20C – qualifier SEMEof the earlier instruction that isbeing cancelled. (16 Characters)



Mandatory Sequence B Trade Details TRADDET Place :4!c//4!c/30x To identify exchange Format: (Qualifier)//(Place

Code)/(BIC Code / Narrative)




Price :4!c//4!c/3!a15d To identify the trade rate Format: (Qualifier)//(Amount TypeCode)/(Currency Code) (Price)

Qualifier: “DEAL” (4 Characters)

Amount Type Code: “ACTU” (4Characters)Currency Code: “INR” (3 alphabets)Price: Up to 15 digits (includingdecimal places and decimal sign)comma has to be used as decimalsign and is mandatory.


[ISIN1!e12!c][4*35x]


Identification of Security: “ISIN”(followed by the ISIN of thesecurity)


Currency :4!c//3!a Instruction to indicate theforeign currency andinstruction to book the same

Format: (Qualifier) //(Currencycode)Qualifier: “FXIB” – Currency tobuy

Currency code – Valid Currencycode


Format: (Qualifier) //(Narrative)Qualifier: “SPRO” (4 Characters)Narrative: “DR” or “DI” or “AR” or“OT”


Mandatory Sequence C Financial Instrument/AccountTag Generic Field




Format: (Qualifier)//(QuantityType Code)/(Quantity)Qualifier: “SETT” (4 Characters)Quantity Type Code: ”UNIT” (4Characters)Quantity: Up to 15 digits(including decimal places anddecimal sign). Comma has to beused as decimal sign and ismandatory. Integer part of amountmust contain at least one digit.









"SETR//TRAD"

The same needs to be hardcoded into every message soas to retain compatibilityto ISO standards

Mandatory Subsequence E1 Settlement Parties SETPRTY Start of Block

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

Indicates the Bic code ofthe party with whom thetrade has to be settled(viz. Whether broker orClearing House

Format: (Qualifier)//(BIC code ofbroker or Clearing House)

Qualifier: "REAG"BIC Code of the broker or ClearingHouse


the trade has to be settled(broker’s exchange code orbroker’s name or Name ofClearing House)


Qualifier: "REAG"Broker’s Exchange code ( or Nameof the broker) or Clearing House



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

Indicates the Bic code ofthe contracting broker


Qualifier: "BUYR"BIC Code of the broker


Party :4!c//4*35x Indicates contractingbroker’s exchange code orcontracting broker’s name


Qualifier: "BUYR"Broker’s Exchange code ( or Nameof the broker)

ProcessingReference






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

Indicates the Bic Code ofthe depository from whereclient’s shares should bedelivered




depository from whereclient’s shares should bedelivered.





Mandatory Subsequence E3 Amounts AMT Start of Block

Amount :4!c//3!a15d Indicates Settlement Amount(SETT)

Format:(Qualifier)//(Currency)(Amount)




Optional Subsequence E3 Amounts AMT Start of Block


Qualifier: "EXEC" for brokerageamount

Currency: "INR"


AMT End of BlockEnd of Optional Subsequence E3 Amounts

SETDET End of Block


Illustration (IFN 543) – Client to Custod ian - Instruction to Deliver Ag a inst Paym ent - Equity{ SENDERADDRS }{ RECVERADDRS }{

:20C::SEME//P744874230946416

:98A::PREP//20020828

:16R:TRADDET:94B::TRAD//EXCH/XNSEINB1XXX:98A::SETT//20020902:98A::TRAD//20020828:90B::DEAL//ACTU/INR3415,33:35B:ISIN INE009A01021INFOSYS TECH DEM INR5.00:70E::SPRO//DR:16S:TRADDET


:16R:SETDET:22F::SETR//TRAD:16R:SETPRTY:95P::REAG//CCILINB1XXX:16S:SETPRTY:16R:SETPRTY:95P::BUYR//Broker BIC Code:20C::PROC//A022382393:16S:SETPRTY

:19A::SETT//INR13661333,60

:16S:SETDET-}

Illustrative Example Explained - (IFN 543) – Client to Custodian - Instruction to Deliver Payment - Equity

:16R:GENL:20C::SEME//P744874230946416 Indicates Sender’s





:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XNSEINB1XXX Stock exchange on which

trade has taken place (NSE):98A::SETT//20020902 Settlement (Value date):98A::TRAD//20020828 Trade Date:90B::DEAL//ACTU/INR3415,33 Deal rate:35B:ISIN INE009A01021INFOSYS TECH DEM INR5.00

ISIN and name of thesecurity.

:70E::SPRO//DR Market type DR


:16S:TRADDET:16R:FIAC:36B::SETT//UNIT/4000,00 Quantity in units:97A::SAFE//CLNTCODE Client code (Safekeeping

Code)


:16S:FIAC:16R:SETDET:22F::SETR//TRAD Compulsory flag:16R:SETPRTY:95P::REAG//CCILINB1XXX Trade to be settled through

Clearing House (CCIL):16S:SETPRTY


:16R:SETPRTY

:95P::BUYR//Broker BIC Code Contracting Broker’s code:20C::PROC//A022382393 Broker Contract Note no:16S:SETPRTY:16R:AMT:19A::SETT//INR13661333,60 Settlement amount

Amountdetails

:16S:AMT:16S:SETDET

Message IFN 543 – Client to Custodian - Instruction to Deliver against Payment(Debt Scrip)

Format Sequence

Tag Detailed Field Name Content/Options Purpose

Mandatory Sequence A General Information16R Start of Block GENL 20C

Sender's Reference

:4!c//16x To Identify the ClientTrade Ref No.

Format:(Qualifier)//(Referencenumber)Qualifier : "SEME"Reference Number: 16Characters (Alphanumeric)

The reference should notstart or end with slash ‘/’and must not contain twoconsecutive slashes ‘//’.


4!c To indicate new message(NEWM) /cancellation(CANC) of earlier message.



Format: (Qualifier) //(Date)Qualifier: “PREP” (4Characters) Date: YYYYMMDD




LINK End of Block End of Optional Subsequence A1 Linkages

16S End of Block GENL End of Sequence A General InformationMandatory Sequence B Trade Details

16R TRADDET 94B Place of Trade :4!c//4!c/30x To identify exchange Format: (Qualifier)//(Place

Code)/(Bic Code / Narrative)









OR90A Deal Price :4!c//4!c/15d To indicate the trade





[ISIN1!e12!c][4*35x]





Optional Subsequence B1 Financial Instrument Attributes16R Start of Block FIA Details Required For Debt

Instruments will beprovided in this block ifISIN is not available




Qualifier: " FIAN"


16S End of Block FIA

End of Subsequence B1 Financial Instrument Attributes

11A FX Instruction :4!c//3!a Instruction to indicatethe foreign currency andinstruction to book thesame

Format: (Qualifier)//(Currency code)Qualifier: “FXIB” – Currencyto buy

Currency code – ValidCurrency code

70E Narrative :4!c//10*35x To identifySegment Type i.e. Rolling(DR)/ Inter FII (DI)/Auction Rolling (AR) / OT(Other)



Mandatory Sequence C Financial Instrument/Account Start of Block FIAC Quantity ofFinancialInstrument to beSettled

:4!c//4!c/15d To define the tradequantity. In case of debtinstruments, the nominalquantity can be displayedi.e. face value * quantityof shares [FAMT]Alternatively [UNIT] canbe used to indicate no ofshares



Quantity Type Code: “UNIT or”FAMT” (4 UppercaseCharacters)

Quantity: Up to 15 digits(including decimal places anddecimal sign). Comma has tobe used as decimal sign andis mandatory. Integer part ofamount must contain at leastone digit.







Mandatory Sequence E Settlement Details 16R Start of Block SETDET

22F :4!c//4!c A mandatory field to be


The same needs to be hardcoded into every messageso as to retaincompatibility to ISOstandards

"SETR//TRAD"




(Can be either of broker /custodian / seller /clearing house)

Format: (Qualifier) //(BICcode)Qualifier: “REAG”BIC code of the party withwhom the trade has to besettled.


whom the trade has to besettled.


(Can be either of broker /custodian / seller /clearing house)

Format:(Qualifier)//(Narrative)Qualifier: “REAG”Narrative: Name of thecounter-party (4 lines of 35characters)



Qualifier:"PACO" – for party contactdetails





broker



Qualifier: “BUYR”BIC Code of the contractingbroker


broker

Broker Name is used

Format: (Qualifier)//(Narrative)Qualifier: “BUYR”

Narrative: Name of the broker(4 lines of 35 characters)








Receiving Custodian’s BICcode is to be used.

Format: (Qualifier) //(BICCode)Qualifier: “RECU”BIC Code of the counter-partycustodian



Receiving Custodian’s Nameis to be used.

Format: (Qualifier)//(Narrative)Qualifier: “RECU”Narrative: Name of thecounter-party custodian (4lines of 35 characters)




95P Party :4!c//4!a2!a2!c[3!c]Indicates the counter-party buyer to the deal

Counter-party buyer’s BICcode is used

Format: (Qualifier) //(BICcode)Qualifier: “REI1”BIC code of the counter-party


party buyer to the deal

counter-party buyer’s nameis used

Format: (Qualifier)//(Narrative)Qualifier: “REI1”Narrative: Name of thecounter-party (4 lines of 35characters)



95P Party :4!c//4!a2!a2!c[3!c]Indicates the depositoryfrom where client’ssecurities are to bedelivered.




OR [in case BIC is not available]95Q Party :4!c//4*35x Indicates the depository

from where client’ssecurities are to bedelivered.





Mandatory Subsequence E3 Amounts 16R Start of Block AMT

19A Amount :4!c//3!a15d To identify the Deal

AmountFormat: (Qualifier)//(Currency Code) (Amount)For: Deal AmountQualifier: “DEAL” (4 Uppercase Characters)Narrative: “INR” (3 Upper

Letters)

Up to 15 digits (includingdecimal places and decimalsign. Comma has to be usedas decimal sign and ismandatory. Integer part ofamount must contain at leastone digit.

16S End of Block AMT End of Subsequence E3 Amounts

Optional Subsequence E3 Amounts 16R Start of Block AMT

19A Amount :4!c//3!a15d To identify the brokerage Format: (Qualifier)//(Currency Code) ( Amount)For Brokerage:Qualifier: “EXEC” (4 Uppercase Characters)Narrative: “INR” (3 UpperLetters)



Optional Subsequence E3 Amounts 16R Start of Block AMT

19A Amount :4!c//3!a15d To identify the accruedinterest in case of debtinstruments




Optional Subsequence E3 Amounts

16R Start of Block AMT

19A Amount :4!c//3!a15d To identify the settlementamount

For Settlement AmountQualifier: “SETT” (4 Uppercase Characters)Narrative: “INR” (3 UpperLetters)

Up to 15 digits (includingdecimal places and decimalsign). Comma has to be usedas decimal sign and ismandatory. Integer part ofamount must contain at least

one digit.


End of Subsequence E3 Amounts 16S End of Block SETDET


Note specific to this message for ‘Settlement Parties Details’: The party with whom trade is to be settled shouldalways be given against ‘REAG’. The contracting broker is always to be given as ‘BUYR’. The Counter-party custodianwill be indicated as ‘RECU’ and counter-party (actual seller) will be indicated as ‘REI1’. In case the trade is tobe settled with contracting broker, contracting broker’s BIC code will be mentioned against ‘BUYR’ as well as‘REAG’. ‘REAG’ is mandatory sub-sequence.

As per ISO 15022 standards, If “REI1” is specified, then “RECU” has to be present. Similarly, if “RECU” isspecified, “BUYR” has to be present.

Client needs to give party details accordingly. E.g., Where counter-party custodian details are not present, butclient wishes to give counter-party details, counter-party details should be mentioned for “RECU” also (apart from

Illustration (IFN 543) - Client to Custodian – Instruction to Deliver Against Payment - (Debt)


:20C::SEME//P744874230946416

:98A::PREP//20020828

:16R:TRADDET:94B::TRAD//EXCH/XNSEINB1XXX:98A::SETT//20020902:98A::TRAD//20020828:90B::DEAL//ACTU/INR200,33:35B:ISIN IN2220000011Maharashtra State Loan 2010

:70E::FIAN// Face Value 1000,00Maturity 10-Aug-2010Interest payment dates15JAN / 15 JULFix rate 9 per cent



:16R:SETDET:22F::SETR//TRAD

:16R:SETPRTY:95P::REAG//CUST_BIC_CD:70C::PACO// Please contact Mr XYZTelephone nos. 1233237:16S:SETPRTY:16R:SETPRTY:95P::BUYR//BRK_BIC_CD:20C::PROC//A022382393:16S:SETPRTY:16R:SETPRTY:95P::RECU//CUST_BIC_CD:16S:SETPRTY:16R:SETPRTY:95P::REI1//BUYER BIC CD:16S:SETPRTY

:19A::DEAL//INR200330,00

:19A::ACRU//INR1250,50

:19A::EXEC//INR2500,00

:19A::SETT//INR201580,50

:16S:SETDET

Illustrative Example Explained – IFN 543 - Client to Custodian – Instruction to Deliver AgainstPayment - (Debt)

:16R:GENL:20C::SEME//P744874230946416 Indicates Sender’s





:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XNSEINB1XXX Stock exchange where

trade has taken place.:98A::SETT//20020902 Settlement (Value date):98A::TRAD//20020828 Trade Date:90B::DEAL//ACTU/INR200,33 Deal rate:35B:ISIN IN2220000011Maharashtra State Loan 2010


:16R:FIA:70E::FIAN// Face Value1000,00. Maturity 10-Aug-2010. Interest payment dates15JAN / 15 JUL. Fix rate 9 percent

Loan code, face value,Maturity, interestpayment details,Fix/floating and mark-updetails, base rate(MIBOR, Reuters) detailsetc

Block FIAgivesdetailsofInstrument

:16S:FIA:70E::SPRO//OT Indicates Segment:16S:TRADDET

Block FIAC givesFinancial Instrumentand Account details

:16R:FIAC

:36B::SETT//UNIT/1000,00 Quantity in units:97A::SAFE//CLNTCODE Client code (Safekeeping

Code):16S:FIAC:16R:SETDET:22F::SETR//TRAD Trade for settlement

:16R:SETPRTY:95P::REAG//CUST_BIC_CD Trade to be settled with

Counter-party Custodian.:70C::PACO// Please contact MrXYZTelephone nos. 1233237


:16S:SETPRTY:16R:SETPRTY:95P::BUYR//BRK_BIC_CD Broker code:20C::PROC//A022382393 Contract Note no:16S:SETPRTY:16R:SETPRTY:95P::RECU//CUST_BIC_CD Counter party’s custodian:16S:SETPRTY:16R:SETPRTY:95P::REI1//BUYER BIC CD Counter party Buyer


:16S:SETPRTY:16R:AMT:19A::DEAL//INR200330,00 Deal amount:16S:AMT:16R:AMT:19A::ACRU//INR1250,50 Accrued interest:16S:AMT:16R:AMT:19A::EXEC//INR2500,00 Broker’s commission:16S:AMT

Amountdetails

:16R:AMT

:19A::SETT//INR201580,50 Settlement amount:16S:AMT:16S:SETDET

Message IFN 515 - Broker to Custodian – Contract Note – Equity

Format Sequence

Mandatory Block A (General Information)

Fiel Field Name Content andOptions

Remarks Rules

GENL Start of blockReference :4!c//16x Type of CN, Exchange

number and CN No.Format: (Qualifier)/ /(References)Qualifier: “SEME” (4 UppercaseCharacters)

References: (Contract Type/Exchange No. / Contract Number)Contract Type: A or B (1 CharacterSet)Exchange number (2 digits – e.g.Calcutta Stock Exchange will be 03)Contract Number: xxxxxxxxxx(13Characters)


4!c To indicate new messageor cancellation of aprevious message

Format: (Function)Function: “NEWM” or “CANC”

Date :4!c//8!n Preparation Date Format: (Qualifier)//(Date)Qualifier: “PREP” (4 Uppercase

Characters)Date: YYYYMMDD (8 Digits)

Indicator :4!c//4!c Dummy (taken sincemandatory)

Format: (Qualifier)//(Indicator)Qualifier: ”TRTR” (4 UppercaseCharacters)Indicator: “TRAD” (4 UppercaseCharacters)

Mandatory Subsequence A1 LinkagesLINK Start of block:4!c//16x To indicate the

cancelled contract note(CANC). In case ofNEWM, the field shouldcontain “DUMMY” ,

Format: (Qualifier) //(Reference)Qualifier: ”PREV” (4 UppercaseCharacters)Reference: The reference no. asgiven in field SEME of the earliercontract note that is beingcancelled. (16 Characters)[In case of new contract note, thereference should contain value“DUMMY”)

LINK End of Block End of Mandatory Subsequence A1 Linkages

GENL End of blockEnd of Mandatory Block A (General Information)

Mandatory Block C (Confirmation details) CONFDET Start of block

Settlement Date :4!c//8!n To give details of thesettlement date.

Format: (Qualifier) / (Date)Qualifier: “SETT” (4 UppercaseCharacters)Date: ”YYYYMMDD” (8 Digits)

Trade Date :4!c//8!n To give details of thetrade date.

Format: (Qualifier)//(Date)Qualifier: “TRAD” (4 Uppercase

Characters)Date: ”YYYYMMDD” (8 Digits)

90B Price :4!c//4!c/3!a15d To indicate the traderate. The rate isexpressed as actual price[ACTU].



OR90A Price :4!c//4!c/15d To indicate the trade


(Can be used in case ofDEBT securities)



Place :4!c//4!c/30x To identify theexchange

Format:(Qualifier)/ /(PlaceCode)/(BIC code / Narrative)Qualifier: “TRAD” (4 UppercaseCharacters)Place Code: “EXCH” (4 UppercaseCharacters)

BIC code of the exchange will beused. Where BIC code is notavailable, please indicate fullname of the Stock Exchange

Indicator :4!c//4!c To indicate whetherthe trade is Buy[BUYI] / Sell[SELL]

Format: (Qualifier)//(Indicator)Qualifier: “BUSE” (4 UppercaseCharacters)Indicator: “BUYI” or “SELL” (4Uppercase Characters)

Indicator :4!c//4!c To indicate where thetrades is againstpayment [APMT] orfree of payment[FREE]

Format: (Qualifier) //(Indicator)Qualifier: “PAYM” (4 UppercaseCharacters)Indicator: “FREE” or “APMT” (4Uppercase Characters)

Mandatory Sub Sequence C1 (Confirmation Parties) CONFPRTY Start of block

Party :4!c//4*35x To give details ofthe client asmentioned on thecontract note.

Format: (Qualifier) //(Name, SEBIRegn No., Pan No.& Address ofclient.)Qualifier: “INVE” (4 UppercaseCharacters)

Name, SEBI Regn No., Pan No.&Address

Account :4!c//35x To identify thesafekeeping account.All clients need toobtain a custodianparticipant code.

Format: (Qualifier) //(CustodianParticipant Code)Qualifier: “SAFE” (4 UpperCharacters)Custodian Participant Code: (35Characters)

Exchange will beidentified based on94B value inConfirmation Detailsirrespective of whichexchange’s Custparticipant code ismentioned.

The client forcontract will beidentified based onvalue in this fieldas value of 95Q abovewill not STP.

CONFPRTY End of block

End of Mandatory Subsequence C1 (Confirmation Parties)

Quantity of FinancialInstrument

:4!c//4!c/15d To define the tradequantity. In caseof debtinstruments, thenominal quantitycan be displayedi.e. face value *quantity of shares[FAMT]Alternatively[UNIT] can be usedto indicate no ofshares

For Equities,always Code ‘UNIT’

Format: (Qualifier)//(Quantity TypeCode) /(Quantity)Qualifier: “CONF” (4 UppercaseCharacters)Quantity Type Code: “UNIT or ”FAMT”(4 Uppercase Characters)Quantity: Up to 15 digits(including decimal places anddecimal sign). Comma has to beused as decimal sign and ismandatory. Integer part of amountmust contain at least one digit.

will be used

35B Identification of theSecurity

[ISIN1!e12!c][4*35x]

To identify theISIN of the scripand company nameand type ofsecurity.In case of GSECs,the RBI Loan codewould be indicatedusing thequalifier "XX" inthe description

Format: (Identification ofSecurity)(Description of Security)

Identification of Security: “ISIN”(followed by the ISIN of thesecurity)Description of Security: (4 linesof 35 Characters Sets)In case ISIN doesn’t exist for aGOISEC, use “/XX/RBI/” followed byLoan code as defined by RBI.The remaining 3 lines are to beused for the description of theSecurity

Optional Subsequence C2 Financial Instrument Attributes (This subsequence need to be used only where ISIN or RBIloan code is not available)

16R FIA Start of block

70E Narrative :4!c//10*35x To identify theface value , thereference ratedescription,maturity dates etcin a narrativeformat

Format: (Qualifier) //(Narrative)Qualifier: “FIAN” (4 UpperCharacters)Narrative:“FV/” followed by Face Value“FRR/” followed by description ofreference rateE.g.: FRR/MIBID“MD/” followed by Maturity Date(YYYYMMDD)

16S FIA End of block

End of Optional Subsequence C2 Financial Instrument Attributes

Narrative :4!c//10*35x To identifySegment Type e.g.Rolling (DR) orInter FII (DI) orAuction Rolling (AR)or other (OT)/Settlement Number

Format: (Qualifier) //(Narrative)Qualifier: “TPRO” (4 UpperCharacters)Narrative:Line 1: “DR” or “DI” or “AR” or‘OT’/ Settlement Number - asmentioned on Stock Exchange system(35 Character Sets)

CONFDET End of block

End of Sequence C (Confirmation Details)

Mandatory Sequence D (Settlement Details)

SETDET Start of block

Indicator :4!c//4!c Dummy (sincemandatory)

Format: (Qualifier) //(Indicator)Qualifier: “SETR” (4 UpperCharacters)Indicator: “TRAD” (4 UpperCharacters)

Mandatory Subsequence D1 (Settlement Parties) SETPRTY Start of block

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

Indicates thecontracting broker.Broker BIC code isused

Format: (Qualifier)//(BIC code ofbroker)

Qualifier: "BUYR" in case of a Sale "SELL" in case of aPurchaseBIC Code of the contracting broker

Or Where BIC Code is not available

Party :4!c//4*35x Indicates thecontracting Broker.Broker’s SEBI Reg. No.is used.


Qualifier: "BUYR" in case of a Sale "SELL" in case of a

PurchaseNarrative: Broker’s SEBIregistration number.

Narrative :4!c//4*35x To provide additionalbroker contactdetails

Format: (Qualifier) //(Narrative)Qualifier: “PACO” (4 UppercaseUpper Characters)Narrative: Exchange Broker code!SEBI Registration Number! Addressof the Broker (140 Characters)

SETPRTY End of block

End of Subsequence D1 (Settlement Parties)

Mandatory Subsequence D1 (Settlement Parties)

SETPRTY Start of block

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

Indicates the BIC code ofthe party with whom thetrade has to be settled

Format: (Qualifier)//(BIC code ofthe party with whom trade has tobe settled)

Qualifier:"REAG" in case of sale"DEAG" in case of purchase

BIC Code of the broker / ClearingHouse / counter-party / counter-party custodian


the trade has to be settled(broker’s SEBI registrationnumber or Name of ClearingHouse)

Format: (Qualifier)//(Name of theparty with whom trade has to besettled)

"REAG" in case of sale"DEAG" in case of purchase

Qualifier: "DEAG"Broker’s SEBI registration number(or Name of the broker) / Name ofthe Clearing House / Name ofcounter-party /counter-partycustodian

SETPRTY End of blockEnd of Subsequence D1 (Settlement Parties)

Mandatory Subsequence D3 (Amounts)

AMT Start of block

Amount :4!c//3!a15d To identify the DealAmount

Format: (Qualifier) //(CurrencyCode) (Amount)For: Deal AmountQualifier: “DEAL” (4 Upper caseCharacters)Narrative: “INR” (3 Upper Letters)Amount: Up to 15 digits (includingdecimal places and decimal sign).Comma has to be used as decimalsign and is mandatory. Integerpart of amount must contain atleast one digit.

AMT End of blockEnd of Mandatory Subsequence D3 (Amounts)

Mandatory Subsequence D3 (Amounts)

AMT Start of block

Amount :4!c//3!a15d To identify thebrokerage

For Brokerage:Qualifier: “EXEC” (4 Upper caseCharacters)Narrative: “INR” (3 Upper Letters)Amount: Up to 15 digits (includingdecimal places and decimal sign).Comma has to be used as decimalsign and is mandatory. Integerpart of amount must contain atleast one digit.


Mandatory Subsequence D3 (Amounts) AMT Start of block

Amount :4!c//3!a15d To identify theservice tax

For Service Tax:Qualifier: “TRAX” (4 Upper caseCharacters)Narrative: “INR” (3 Upper Letters)Amount: Up to 15 digits (includingdecimal places and decimal sign.Comma has to be used as decimalsign and is mandatory. Integerpart of amount must contain atleast one digit.


Mandatory Subsequence D3 (Amounts) AMT Start of block

Amount :4!c//3!a15d To identify thesettlement amount

For Settlement AmountQualifier: “SETT” (4 Upper caseCharacters) Narrative: “INR” (3 Upper Letters)Amount: Up to 15 digits (includingdecimal places and decimal sign).Comma has to be used as decimalsign and is mandatory. Integerpart of amount must contain atleast one digit.

AMT End of block

End of Mandatory Subsequence D3 (Amounts)

SETDET End of blockEnd of Sequence D Settlement Details

Optional Repetitive Sequence E (Other Parties)

OTHRPRTY Start of block

Party :4!c//4*35x Dummy (sincemandatory)

Format: (Qualifier) //(Narrative)Qualifier: “EXCH” ( 4 Upper caseCharacters)Narrative: “ORDER DETAILS”

‘EXCH’ code – only in firstsequence – subsequently – always‘INPA’

Narrative :4!c//6*35x To identify the tradeRef. Number.

Format: (Qualifier) //(Narrative)Qualifier: “PART” ( 4 Upper caseCharacters)Narrative:Trade Ref. No (15Digits)Trade Ref. Qty (15 Digits)Trade Ref. Rate (15 Digits comma atappropriate place)Date: YYYYMMDD HHMMSS (15Character Sets)

Reference :4!c//16x To identify the Ordernumber

Format: (Qualifier) //(Reference)Qualifier: “PROC” (4 CharacterReference : Order number(16 Character Sets)

OTHRPRTY End of block-----| End of Sequence E Other Parties

The subsequence ‘OTHRPRTY’ is repetitive to give details of Order and trade numbers.

Illustration - (IFN 515) Broker to Custodian – Contract Note – Equity


:20C::SEME//A0212345

:98A::PREP//20020828:22F::TRTR//TRAD

:20C::PREV//DUMMY

:16R:CONFDET:98A::SETT//20020902:98A::TRAD//20020828:90B::DEAL//ACTU/INR200,00:94B::TRAD//EXCH/XNSEINB1XXX:22H::BUSE//SELL:22H::PAYM//APMT:16R:CONFPRTY:95Q::INVE// Client Name , Sebi Reg NoOther Details:97A::SAFE//CLNTCODE:16S:CONFPRTY:36B::CONF//UNIT/1000,00:35B:ISIN INE009A01021INFOSYS TECH DEM INR5.00:70E::TPRO//DR:16S:CONFDET:16R:SETDET:22F::SETR//TRAD:16R:SETPRTY:95P::BUYR//Broker BIC Code:16S:SETPRTY

:16R:SETPRTY:95P::REAG//CCILINB1XXX:16S:SETPRTY

:19A::DEAL//INR200000,00

:19A::EXEC//INR2000,00

:19A::TRAX//INR100,00

:19A::SETT//INR197900,00

:16S:SETDET:16R:OTHRPRTY:95Q::EXCH//ORDER DETAILS:70D::PART//000000000001234000000001000,00000000000200,0020020822 10:20:33:20C::PROC//123123123:16S:OTHRPRTY:16R:OTHRPRTY:95Q::INPA//ORDER DETAILS:70D::PART//000000000001111000000001000,00000000000200,0020020822 10:25:33:20C::PROC//123123129:16S:OTHRPRTY:16R:OTHRPRTY:95Q::INPA//ORDER DETAILS:70D::PART//000000000001111000000001000,00

000000000200,0020020822 10:25:33:20C::PROC//12312312916S:OTHRPRTY-}

Illustrative Example Explained - IFN 515 - Broker to Custodian – Contract Note – Equity

:16R:GENL:20C::SEME//A0212345 Indicates the contract

note noContract Type (1 Char)Exchange No. (2 Char)Contract Number


:98A::PREP//20020828 Message preparation date:22F::TRTR//TRAD:16R:LINK:20C::PREV//DUMMY For new message

BlockgivingLINKDetails

:16S:LINK

:16S:GENL:16R:CONFDET:98A::SETT//20020902 Settlement date (Value

date):98A::TRAD//20020828 Trade Date:90B::DEAL//ACTU/INR200,00 Deal rate:94B::TRAD//EXCH/XNSEINB1XXX Identifies the Exchange:22H::BUSE//SELL Indicates that it’s a

sale transaction:22H::PAYM//APMT Indicates that the

transaction is againstpayment

DetailsofPartiesinvolved

:16R:CONFPRTY

:95Q::INVE// Client Name ,Sebi Reg NoOther Details

Provides details likeclient name, sebi reg noetc as provided incontract note

:97A::SAFE//CLNTCODE Indicates the client code:16S:CONFPRTY:36B::CONF//UNIT/1000,00 Indicates the Quantity of

security:35B:ISIN INE009A01021INFOSYS TECH DEM INR5.00


:70E::TPRO//DR Type of Trade:16S:CONFDET:16R:SETDET:22F::SETR//TRAD:16R:SETPRTY:95P::BUYR//Broker BIC Code Contracting Broker Code:16S:SETPRTY:16R:SETPRTY:95P::REAG//CCILINB1XXX Details of party with

whom trade has to besettled.

BlockSETPRTYprovidedetailsaboutsettlement parties

:16S:SETPRTY:16R:AMT:19A::DEAL//INR200000,00 Deal amount:16S:AMT:16R:AMT:19A::EXEC//INR2000,00 Broker’s commission:16S:AMT:16R:AMT:19A::TRAX//INR100,00 Service tax:16S:AMT:16R:AMT:19A::SETT//INR197900,00 Settlement amount

Block AMTprovidesdetailsabout theamountsinvolved

:16S:AMT

:16S:SETDET:16R:OTHRPRTY:95Q::EXCH//ORDER DETAILS Exchange order Number:70D::PART//000000000001234000000001000,00000000000200,0020020822 10:20:33

Trade details

:20C::PROC//123123123:16S:OTHRPRTY:16R:OTHRPRTY:95Q::INPA//ORDER DETAILS Exchange order Number:70D::PART//000000000001111000000001000,00000000000200,0020020822 10:25:33

Trade details

:20C::PROC//123123129:16S:OTHRPRTY:16R:OTHRPRTY:95Q::INPA//ORDER DETAILS Exchange order Number:70D::PART//000000000001110000000001000,00000000000200,0020020822 10:25:33

Trade details

:20C::PROC//123123129

Block OTHRPRTYprovided detailsabout the tradeexecuted on the

:16S:OTHRPRTY

Message IFN 548 – Custodian to Client – For Match / Un-match / Fail Trade advice –Equity and Debt

Format Sequence

Generic Field Name Content/Options

Purpose Rules

Mandatory Sequence A General Information GENL Start of Block Reference :4!c//16x Sender's Reference Format: (Qualifier)//(Reference number)

Qualifier: "SEME"Reference Number: 16 Characters(Alphanumeric)

The reference should not start or end withslash ‘/’ and must not contain twoconsecutive slashes ‘//’.

4!c To indicate that the messageindicates a transactionstatus [INST]

Format: (Qualifier)

Qualifier: "INST"Date/Time :4!c//8!n Preparation Date Format: (Qualifier) //(Date)

Qualifier: “PREP” (4 Characters)Date: YYYYMMDD (8 number)

Mandatory Subsequence A1 Linkages LINK Start of Block

Link Message Indicator :4c//3d To indicate thecorresponding message typereceived from client.

Will contain the corresponding message typeof client received from client.

Reference :4!c//16x Will indicate the referencenumber of the related tradeinstruction.

Format: (Qualifier)//(Reference)

In case of Failed trades :Qualifier: ”RELA” (4 Uppercase Characters)Reference: The reference no. as given infield 20C tag SEME of the Trade instructionreceived.(16 Characters)

In case of Alleged Trades :Qualifier: ”PREV” (4 Uppercase Characters)Reference: Counterparty Reference No is used(16 Characters)

LINK End of Block End of Subsequence A1 Linkages

Mandatory Subsequence A2 Status STAT Start of Block

Status :4!c//4!c In case of failed tradeswould indicate status asSETT//PENF

Else in case of allegedtrade , mismatch withcounterparty instruction itwould beMTCH//NMAT

Format:(Qualifier)//(Status Code)Qualifier : "SETT"Status Code : "PENF"

In case of failed trades or partially settledtrades on settlement date.

Qualifier : "MTCH"Status Code : "NMAT"

In case the contract note received from thebroker does not match instruction receivedfrom client or no instruction received fromclient.

Optional Subsequence A2a Reason REAS Start of Block Reason.This block is optionaland can be omitted incase the status codesare self explanatory

:4!c//4!c To display the reason forthe status

In case of failed trades.

Format:(Qualifier)//(Reason Code)

Qualifier: “PENF”Reason Code :CLAC : Counterparty has insufficientsecuritiesCFUT : Instruction received aftersettlement date.LACK : Insufficient shares in your accountMONY : Insufficient funds in your accountNDEL : Counterparty has not deliveredNARR : Narrative

Qualifier: “NMAT”Reason Code :

In case the contract note isnot matched

CMIS : Matching Instruction Not FoundCPCA : Counterparty Cancelled InstructionDATT : Disagreement Financial InstrumentAttributesDDAT : Disagreement Settlement DateDELN : Disagreement DirectiDEPT : Disagreement Place of SettlementDMON : Disagreement Settlement AmountDQUA : Disagreement QuantityDSEC : Disagreement SecurityDTRD : Disagreement Trade DateLATE : Counterparty Too Late for MatchingNARR : NarrativeNMAT : No Matching Started

Narrative :4!c//6*35x Reason Narrative[This is mandatory in casethe reason code in 24B isNARR]

Format:(Qualifier)(Narrative)

Qualifier: "REAS"Narrative: 6 lines of 35 characters each

REAS End of BlockEnd of Subsequence A2a Reason

STAT End of Block End of Subsequence A2 Status

GENL End of Block End of Sequence A General Information

Optional Sequence B Settlement Transaction Details SETTRAN

Start of Block Note: This sequence is to be used only case of the contract being against payment.

[ISIN1!e12!c][4*35x]

Identification of theFinancial Instrument

Format: (Identification of Security) (Description of Security)

Identification of Security: “ISIN”(followedby the ISIN of the security)Description of Security: (4 lines of 35Characters)


:4!c//4!c/15d

Quantity of FinancialInstrument to be Settled

Format: (Qualifier)//(Quantity Type Code)/(Quantity)

Qualifier: “SETT” (4 Uppercase Characters)Quantity Type Code: ”UNIT” or “FAMT” (4Uppercase Characters)Quantity: 15 digits (including decimal comma)

Amount :4!c//3!a15d To indicate the settlementamount as was displayed inthe contract note

Format: (Qualifier) //(Currency Code)(Amount)

Qualifier: “SETT” (4 Upper case Characters)Narrative: “INR” (3 Upper Letters)Amount: 15 digits (including decimal comma)

Account :4!c//35x To indicate the safe keepingaccount

Format: (Qualifier) //(Safe keeping accountCode)

Qualifier: “SAFE” (4 Upper Characters)Custodian Participant Code: (35 Characters)

Dummy Indicator :4!c//4!c Dummy (since mandatoryaccording to ISO)

Format: (Qualifier) //(Indicator)

Qualifier: “SETR” (4 Upper Characters)Indicator: “TRAD” (4 Upper Characters)

Receive/DeliverIndicator

:4!c//4!c To indicate is the trade wasa buy or a sell


Qualifier: “REDE” (4 Upper Characters)Indicator: “DELI” for a sale (4 UpperCharacters)Or “RECE” for a purchase (4 UpperCharacters)

Payment Indicator :4!c//4!c To indicate if the trade wasfree of payment or againstpayment


Qualifier: “SETR” (4 Upper Characters)Indicator: “APMT” for against payment (4

Upper Characters)Or “FREE” for free of payment (4 UpperCharacters)

Settlement Date :4!c//8!n To give details of thesettlement date.

Format: (Qualifier)//(Date)

Qualifier: “SETT” (4 Uppercase Characters)Date: ”YYYYMMDD” (8 Digits)

Optional Subsequence B1 (Settlement Parties) SETPRTY Start of block

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

Indicates thecontracting broker.Broker BIC code isused


Qualifier: "BUYR" in case of a Sale "SELL" in case of a Buy

BIC Code of the contracting broker

OR (Where BIC Code is not available)Party :4!c//4*35x Indicates the Broker.

SEBI Reg. No. or Nameof broker to be used.

Format: (Qualifier)//(Name ofbroker)

Qualifier: "BUYR" in case of a Sale "SELL" in case of a

PurchaseName: SEBI Reg. No. or Name ofbroker to be used.


End of Optional Subsequence B1 (Settlement Parties)

Optional Subsequence B1 (Settlement Parties)

SETPRTY Start of block

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

Indicates the partywith whom trade has tobe settled. BIC Codeof Party.


Qualifier: "REAG" in case of a Sale "DEAG" in case of aPurchaseBIC Code of settling party

OR (Where BIC Code is not available)Party :4!c//4*35x Indicates the party

with whom trade has tobe settled. SEBI reg.Number of broker orName of Party.

Format: (Qualifier)//( SEBI reg.No. / Name of settling party)

Qualifier: "REAG" in case of a Sale "DEAG" in case of aPurchaseSEBI Reg. No. / Name of settlingparty


of Subsequence B1 (Settlement Parties)

SETTRAN End of Block End of Sequence B Settlement Transaction Details

Illustration - IFN 548 – Custodian to Client – For Match / Un-match / Fail Trade advice – Equity

:20C::SEME//2621470002602

:98A::PREP//20020527

:13A::LINK//543:20C::RELA//0214421422000000

:25D::MTCH//NMAT

:24B::NMAT//DQUA:70D::REAS//Broker qty 10620

:16R:SETTRAN:35B:ISIN INE112A01015CORPORATION BANK-DEMDEMAT EQUITY:36B::SETT//UNIT/10621,:19A::SETT//INR1303940,17:97A::SAFE//8001440001:22F::SETR//TRAD:22H::REDE//DELI:22H::PAYM//APMT:98A::SETT//20020529:16S:SETTRAN

Illustrative Example Explained - IFN 548 – Custodian to Client – For Match / Un-match / FailTrade advice – Equity and Debt

:16R:GENL:20C::SEME//2621470002602 Indicates Sender’s

Reference No.:23G:INST Indicates that the message

gives instruction status:98A::PREP//20020527 Message Preparation Date:16R:LINK:13A::LINK//543 Indicates original message

type to which the statusbelongs

:20C::RELA//A214421422000000 Indicates the tradeinstruction no. to whichstatus belongs.

Linkageblock givesclientreferenceno

:16S:LINK:16R:STAT:25D::MTCH//NMAT Indicates the status of the

trade instruction as notmatched

:16R:REAS:24B::NMAT//DQUA Indicates the reason for

status (Quantity notmatching)

:70D:REAS//Broker qty 10620 Gives narrative descriptionof reason

StatusBlock

ReasonBlock

:16S:REAS

:16S:STAT:16S:GENL:16R:SETTRAN:35B:ISIN INE112A01015CORPORATION BANK-DEMDEMAT EQUITY

ISIN and name of security

:36B::SETT//UNIT/10621, Trade Quantity:19A::SETT//INR1303940,17 Settlement Amount:97A::SAFE//8001440001 Safe Keeping Account of the

client:22F::SETR//TRAD Dummy (since mandatory):22H::REDE//DELI Type of trade (DELIVERY):22H::PAYM//APMT Type of trade (AGAINST

PAYMENT):98A::SETT//20020529 Settlement Date

SETTRAN givestrade details.

:16S:SETTRAN

Message IFN 548 – Custodian to broker – For Match / Un-match trade – Equity andDebt

Format Sequence

Generic Field Name Content/Options Purpose RulesMandatory Sequence A General Information

GENL Start of Block Reference :4!c//16x Sender's Reference Format: (Qualifier)//(Reference

number)

Qualifier: "SEME"Reference Number: 16 Characters(Alphanumeric)


4!c To convey thatthis message ismeant to indicatea transactionstatus [INST]

Format: (Qualifier)

Qualifier: "INST"

Date/Time :4!c//8!n Preparation Date Format: (Qualifier) //(Date)

Qualifier: “PREP” (4 Characters)Date: YYYYMMDD (8 number)

Mandatory Subsequence A1 Linkages LINK Start of Block Reference :4!c//16x To indicate the

reference number ofthe relatedcontract note.

Format: (Qualifier)//(Reference)

Qualifier: ”RELA” (4 UppercaseCharacters)Reference: The reference no. asgiven in field SEME of the contractnote that is being updated. (16Characters)


Mandatory Subsequence A2 Status STAT Start of Block Status :4!c//4!c To display the

status of thecontract note (vis avis TradeInstruction receivedfrom client)

Within the scope ofthis module, thestatus updates ofmatched / unmatchedcontract notes arebeing defined.

Format:(Qualifier)//(Status Code)

The possible options areMTCH//MACH: The contract notematches with the trade instructionreceived from clientMTCH//NMAT: The contract note hasnot been matched

Optional Subsequence A2a Reason

REAS Start of Block Reason.This block is optionaland can be omitted incase the status codesis match.

:4!c//4!c To display thereason for thestatus of thecontract note [incase the contractnote is notmatched].

Format:(Qualifier)//(Reason Code)

Qualifier: “NMAT”Reason Code :CMIS : Matching Instruction NotFoundCPCA : Counter-party CancelledInstructionDATT : Disagreement FinancialInstrument AttributesDDAT : Disagreement SettlementDateDELN : Disagreement Direction ofTrade (‘sale’ trade according tobroker and ‘buy’ trade according toclient or vice-versa.DEPT : Disagreement Place ofSettlementDMON : Disagreement SettlementAmountDQUA : Disagreement QuantityDSEC : Disagreement SecurityDTRD : Disagreement Trade DateLATE : Counter-party Too Late forMatchingNARR : NarrativeNMAT : No Matching Started

Narrative :4!c//6*35x Reason Narrative(for un-matchedtransactions)[This is mandatoryin case the reasoncode in 24B is NARR]

Format:(Qualifier)(Narrative)

Qualifier: "REAS"Narrative: 6 lines of 35 characterseach

REAS End of BlockEnd of Subsequence A2a Reason

STAT End of Block End of Subsequence A2 Status


Optional Sequence B Settlement Transaction Details SETTRAN Start of Block Note: This sequence is to be used

only in case of the contract beingagainst payment.

Security [ISIN1!e12!c][4*35x]

Identification ofthe FinancialInstrument

Format: (Identification ofSecurity) (Description of Security)

Identification of Security:“ISIN”(followed by the ISIN of thesecurity)Description of Security: (4 linesof 35 Characters)


:4!c//4!c/15d Quantity ofFinancial Instrumentto be Settled

Format: (Qualifier)//(Quantity TypeCode) /(Quantity)

Qualifier: “SETT” (4 UppercaseCharacters)Quantity Type Code: ”UNIT” or“FAMT” (4 Uppercase Characters)Quantity: 15 digits (includingdecimal comma)

FAMT indicates Quantity into FaceValue.

Amount :4!c//3!a15d To indicate thesettlement amount aswas displayed in thecontract note

Format: (Qualifier) //(CurrencyCode) (Amount)

Qualifier: “SETT” (4 Upper caseCharacters)Narrative: “INR” (3 Upper Letters)Amount: 15 digits (includingdecimal comma)

Account :4!c//35x To indicate thecustodianparticipant codethat will bedisplayed in thecontract note

Format: (Qualifier) //(CustodianParticipant Code)

Qualifier: “SAFE” (4 UpperCharacters)Custodian Participant Code: (35Characters)

Dummy Indicator :4!c//4!c Dummy (sincemandatory accordingto ISO)


Qualifier: “SETR” (4 UpperCharacters)Indicator: “TRAD” (4 UpperCharacters)

Receive/DeliverIndicator

:4!c//4!c To indicate is thetrade was a buy or asell


Qualifier: “REDE” (4 UpperCharacters)Indicator: “DELI” for a sale (4Upper Characters)Or “RECE” for a purchase (4Upper Characters)

Payment Indicator :4!c//4!c To indicate if thetrade was free ofpayment or againstpayment


Qualifier: “PAYM” (4 UpperCharacters)Indicator: “APMT” for against

payment (4 Upper Characters)Or “FREE” for free of payment(4 Upper Characters)

Settlement Date :4!c//8!n To give details ofthe settlement date.(as is given in theincoming MT515 –Contract Note)

Format: (Qualifier)//(Date)

Qualifier: “SETT” (4 UppercaseCharacters)Date: ”YYYYMMDD” (8 Digits)

SETTRAN End of Block End of Sequence B Settlement Transaction Details

Illustration - IFN 548 – Custodian to broker – For Match / Un-match trade – Equity and Debt

{IFN548}{ SENDERADDRS }{ RECVERADDRS }{:16R:GENL:20C::SEME//2621470002602:23G:INST:98A::PREP//20020527:16R:LINK:20C::RELA//0214421422000000:16S:LINK:16R:STAT:25D::MTCH//NMAT:16R:REAS:24B::NMAT//NARR:70D::REAS//CLIENT INSTRUCTION NOT ARRIVED:16S:REAS:16S:STAT:16S:GENL:16R:SETTRAN:35B:ISIN INE112A01015CORPORATION BANK-DEMDEMAT EQUITY:36B::SETT//UNIT/10621,:19A::SETT//INR1303940,17:97A::SAFE//8001440001:22F::SETR//TRAD:22H::REDE//DELI:22H::PAYM//APMT:98A::SETT//20020529:16S:SETTRAN-}

Illustrative Exa mple Explaine d - Messag e IFN 548 – Custod ian to broker – For Match / Un-m atchtra d e – Equity and De bt


Reference No i.e.custodian’s reference no

:23G:INST Indicates that the messagegives instruction status

:98A::PREP//20020527 Message Preparation Date:16R:LINK:20C::RELA//A214421422000000 Indicates the contract note

no

Linkage blockgivesBroker’scontract notereference no :16S:LINK

:16R:STAT:25D::MTCH//NMAT Indicates that CN is not

matched:16R:REAS:24B::NMAT//NARR Indicates the reason as

narrated separately below:70D::REAS//CLIENT INSTRUCTIONNOT ARRIVED

Gives narrative descriptionof reason

ReasonBlock

:16S:REAS

StatusBlock

:16S:STAT

BlockGENLgivesGeneralinformation

:16S:GENL:16R:SETTRAN:35B:ISIN INE112A01015CORPORATION BANK-DEMDEMAT EQUITY


:36B::SETT//UNIT/10621, Trade Quantity:19A::SETT//INR1303940,17 Settlement Amount:97A::SAFE//8001440001 Account of the client:22F::SETR//TRAD Dummy (since mandatory):22H::REDE//DELI Type of trade (DELIVERY):22H::PAYM//APMT Type of trade (AGAINST

PAYMENT):98A::SETT//20020529 Settlement Date

Block SETTRAN givescontract note details.

:16S:SETTRAN

Report of the SubGroup on Messa g e Form ats for Securities Transactions

Messag e Form ats Pag e 165 of 249



Message IFN 544 – Custodian to Client - Confirmation of Receive Free (Equity)

Format Sequence


Content/Options Detailed Field Name Rules

Mandatory Sequence A General Information

16R GENL Start of Block

20C Reference :4!c//16x Sender's Reference.Will contain thereference number of thetrade as per sender’ssystem

Format: (Qualifier)//(Reference number)Qualifier : "SEME"Reference Number: 16 Characters(Alphanumeric)

The reference should not start or endwith slash ‘/’ and must not contain twoconsecutive slashes ‘//’.

23G 4!c Function of the Message Format: (Qualifier)Qualifier: "NEWM"

98A PreparationDate

:4!c//8!n To indicate the date ofpreparation of message

Format: (Qualifier) //(Date)Qualifier: “PREP” (4 Characters)Date: YYYYMMDD (8 number)



22F PartialSettlementIndicator

:4!c//4!c To indicate if thesettlement of the tradeis in parts

Format: (Qualifier) //(Indicator)Qualifier: “PARS” (4 Characters)Indicator:"PAIN" - to indicate a part of the traderemains unsettled"PARC" - to indicate confirmation of aremaining part of an instruction whichwas previously confirmed as partiallysettled

Mandatory Subsequence A1 Linkages

16R LINK Start of Block

20C LinkageReference

:4!c//16x To indicate the referencenumber of the trade asper the client’s system.This would playback theSEME reference no. in theMT540

Format: (Qualifier) /(Reference)

Qualifier: ” RELA” (4 UppercaseCharacters)Reference: The reference no. as given infield SEME of the MT540 instruction. (16Characters)

16S LINK End of Block

End of Subsequence A1 Linkages

16S GENL End of Block

End of Sequence A General Information

Mandatory Sequence B Trade Details

16R TRADDET Start of Block



94B Place :4!c//4!c[/30x] To identify exchange Format: (Qualifier)//(Place Code)/(BICCode Narrative)

Qualifier: "TRAD"Place Code: "EXCH"Narrative: BIC code of the exchange willbe used. Where BIC code is notavailable, please indicate full name ofthe Stock Exchange

Place code will be “PRIM” for primarymarket. Exchange code will be leftblank in such case.

98A Settlement Date:4!c//8!n To identify settlementdate

Format: (Qualifier)//(Date)Qualifier: “SETT” (4 Characters)Date: <YYYYMMDD>

98A Trade Date :4!c//8!n To identify trade date Format: (Qualifier)//(Date)Qualifier: “TRAD” (4 Characters)Date: <YYYYMMDD>

98A EffectiveSettlement Date

:4!c//8!n To identify actual dateof settlement

Format: (Qualifier)//(Date)Qualifier: “ESET” (4 Characters)Date: <YYYYMMDD>



90B Price :4!c//4!c/3!a15d

To identify the traderate

Format: (Qualifier)//(Amount TypeCode)/(Currency Code) (Price)Qualifier: “DEAL” (4 Characters)Amount Type Code: “ACTU” (4 Characters)Currency Code: “INR” (3 alphabets)Price: Upto 15 digits (including decimalcomma)

35B Identificationof security

[ISIN1!e12!c][4*35x]


Format: (Identification of Security)(Description of Security)Identification of Security:“ISIN”(followed by the ISIN of thesecurity)Description of Security: (4 lines of 35Characters)

70E Narrative :4!c//10*35x To identifySegment Type e.g. Rolling(DR)/ Inter FII (DI)/Auction Rolling (AR) / OT(Other)

Format: (Qualifier) //(Narrative)Qualifier: “SPRO” (4 Characters)

NARRATIVE:

Line 1: “DR” or “DI” or “AR” or “OT”

16S TRADDET End of Block

End of Sequence B Trade Details


16R FIAC Start of Block



36B Quantity ofFinancialInstrument

:4!c//4!c/15d To identify the settledquantity (ESTT).In case of partialsettlement of trade, thequalifiers "PSTT" /"RSTT" will accompanyqualifier "ESTT".

ESTT : Settled QuantityPSTT : Previously SettledQtyRSTT : Remaining Qty tobe settled.

This is a repetitiveblock.

Format: (Qualifier)//(Quantity TypeCode)/(Quantity)Qualifier: “ESTT” or "RSTT" or "PSTT" (4Characters)Quantity Type Code: ”UNIT” (4Characters)Quantity: Up to 15 digits (includingdecimal comma)

97A Account :4!c//35x To identify thesafekeeping account usingthe client safekeepingcode

Format: (Qualifier) //(Safe KeepingAccount Code)Qualifier: “SAFE” (4 Characters)Safe Keeping Account Code: (35Characters)

16S FIAC End of Block



16R SETDET Start of Block



22F Indicator :4!c//4!c A mandatory field to beused as per ISO standardsThe same needs to be hardcoded into every messageso as to retaincompatibility to ISO

"SETR//TRAD"


16R SETPRTY Start of Block

95P Settling party :4!c//4!a2!a2!c[3!c]

To indicate the entitywith whom the trade issettled.


Qualifier: "DEAG"BIC Code:Of party with whom trade is settled

OR (where BIC code is not available)

95Q Settling party :4!c//4*35x To indicate the entitywith whom the trade is tobe settled.


Qualifier: "DEAG"

Narrative: Name of party with whom tradeis settled.



16S SETPRTY End of Block

End of Mandatory Subsequence E1 Settlement Parties

Optional Subsequence E1 Settlement Parties16R SETPRTY Start of Block

95P Broker :4!c//4!a2!a2!c[3!c]

Indicates the contractingbroker


Qualifier: "SELL"BIC Code:Of the contracting broker


95Q Broker (in casethere is no BICfor the broker)

:4!c//4*35x Indicates the contractingbroker


Qualifier: "SELL"SEBI Registration number or Name ofbroker (4 lines of 35 characters)


:4!c//16x To play back the contractnote reference number

Format: (Qualifier)//(Narrative)Qualifier: “PROC”Narrative: contract note referencenumber.





16S SETDET End of Block




Illustration - IFN 544 – Custodian to Client - Confirmation ofReceive Free (Equity)

{IFN544}{ SENDERADDRS }{ RECVERADDRS }{:16R:GENL:20C::SEME//26224600192:23G:NEWM:98A::PREP//20020903:22F::PARS//PAIN:16R:LINK:20C::RELA//DSPEQS112321:16S:LINK:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1:98A::SETT//20020903:98A::TRAD//20020829:98A::ESET//20020903:35B:ISIN INE155A01012TELCO-DEMAT EQUITYDEMAT EQUITY 1801611S:70E::SPRO//OT:16S:TRADDET:16R:FIAC:36B::ESTT//UNIT/59943,:36B::RSTT//UNIT/57,:97A::SAFE//8004066008:16S:FIAC:16R:SETDET:22F::SETR//TRAD:16R:SETPRTY:95P::DEAG//Settling party BIC Code:16S:SETPRTY:16R:SETPRTY:95P::SELL//Contracting broker BIC Code:20C::PROC//A21001010101001:16S:SETPRTY:16S:SETDET-}



Illustrative Example Explained - IFN 544 – Custodian to Client -Confirmation of Receive Free (Equity)



:23G:NEWM Indicates a new message:98A::PREP//20020903 Message Preparation Date:22F::PARS//PAIN Indicates Partial

settlement:16R:LINK:20C::RELA//DSPEQS112321 Displays the client’s

reference no

Linkageblockgivesclientreferenceno

:16S:LINK


:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1 Stock Exchange Details:98A::SETT//20020903 Settlement Date (scheduled):98A::TRAD//20020829 Trade Date:98A::ESET//20020903 Effective Settlement Date:35B:ISIN INE155A01012TELCO-DEMAT EQUITYDEMAT EQUITY


:70E::SPRO//OT Other Segment


:16S:TRADDET:16R:FIAC:36B::ESTT//UNIT/59943, Effective Settlement Qty:36B::RSTT//UNIT/57, Remaining Settlement Qty:97A::SAFE//8004066008 Safekeeping account


:16S:FIAC:16R:SETDET:22F::SETR//TRAD Mandatory ISO:16R:SETPRTY:95P::DEAG//Settling party BICCode

Settling party BIC Code

:16S:SETPRTY:16R:SETPRTY:95P::SELL//Contracting broker BICCode

Broker’s BIC

:20C::PROC//A21001010101001 Contract note reference no

BlockSETPRTYgivesSettlement Partydetails

:16S:SETPRTY

BlockSETDETgivesinformation onSettlement details

:16S:SETDET



Message - IFN 544 – Custodian to Client - Confirmation of Receive Free (Debt)

Format Sequence

Generic FieldName


Mandatory Sequence A General Information GENL Start of Block Reference :4!c//16x Sender's Reference.

Will contain thereference number of thetrade as per sender’ssystem



4!c Function of the Message Format: (Qualifier)Qualifier: "NEWM"

PreparationDate



PartialSettlementIndicator






LINK Start of Block LinkageReference






Mandatory Sequence B Trade Details TRADDET Start of Block Place :4!c//4!c[/30x] To identify exchange Format: (Qualifier)//(Place Code)/(BIC

Code Narrative)


Place code will be “PRIM” for primarymarket. Exchange code will be leftblank in such case.

Settlement Date:4!c//8!n To identify settlementdate


Trade Date :4!c//8!n To identify trade date Format: (Qualifier)//(Date)Qualifier: “TRAD” (4 Characters)Date: <YYYYMMDD>

Effective :4!c//8!n To identify actual date Format: (Qualifier)//(Date)



Settlement Date of settlement Qualifier: “ESET” (4 Characters)Date: <YYYYMMDD>

Deal Price :4!c//4!c/3!a15d

To indicate the traderate. The rate isexpressed as actual price[ACTU].

Format: (Qualifier)//(Amount Type Code)/(Currency Code) (Price)

Qualifier: “DEAL”Amount Type Code: “ACTU” Currency Code:“INR”Price: Up to 15 digits (includingdecimal places and decimal sign). Commahas to be used as decimal sign and ismandatory.

ORDeal Price :4!c//4!c/15d To indicate the trade


Format: (Qualifier)//(Amount TypeCode)/(Price)

Qualifier: “DEAL”Amount Type Code: “PRCT”Price: Up to 15 digits (includingdecimal places and decimal sign). Commahas to be used as decimal sign and ismandatory.

Identificationof security

[ISIN1!e12!c][4*35x]


Format: (Identification of Security)(Description of Security)Identification of Security:“ISIN”(followed by the ISIN of thesecurity)Description of Security: (4 lines of 35Characters)In case ISIN doesn’t exist for a GSEC,use “/XX/RBI/” followed by Loan code asdefined by RBI. The remaining 3 lines



are to be used for the description ofthe Security

Optional Subsequence B1 Financial Instrument AttributesStart of Block FIA Details of Debt

Instruments can beprovided in this block ifISIN is not available

FinancialInstrumentAttributeNarrative

:4!c//10*35x This providesinformation on: LoanCode, Face Value,Maturity Dates and Amts,Allotment date, InterestPayment Date and Amts,Floating Rate Indicator,Markup and Base, Put /Call Details CreditRating Details

Format: (Qualifier) (Narrative)

Qualifier: " FIAN"Narrative: 10 lines of 35 characters canbe used to describe the security

End of Block FIA End of Subsequence B1 Financial Instrument Attributes

Narrative :4!c//10*35x To identify

Segment Type e.g. Rolling(DR)/ Inter FII (DI)/Auction Rolling (AR) / OT(Other)

Format: (Qualifier) //(Narrative)Qualifier: “SPRO” (4 Characters)

NARRATIVE:

Line 1: “DR” or “DI” or “AR” or “OT”

TRADDET End of Block End of Sequence B Trade Details

Mandatory Sequence C Financial Instrument/Account FIAC Start of Block


:4!c//4!c/15d To identify the settledquantity (ESTT).In case of partial

Format: (Qualifier)//(Quantity TypeCode)/(Quantity)



settlement of trade, thequalifiers "PSTT" /"RSTT" will accompanyqualifier "ESTT".

ESTT : Settled QuantityPSTT : Previously SettledQtyRSTT : Remaining Qty tobe settled.

In case of debtinstruments, the QuantityType code could be "FAMT"(nominal amount = facevalue * no of shares).Alternatively "UNIT"could be used to merelyindicated no ofsecurities.

Qualifier: “ESTT” or "RSTT" or "PSTT" (4Characters)Quantity Type Code: ”UNIT” or "FAMT" (4Characters)Quantity: Up to 15 digits (includingdecimal comma)

Account :4!c//35x To identify thesafekeeping account usingthe client safekeepingcode


FIAC End of Block End of Sequence C Financial Instrument/Account

Mandatory Sequence E Settlement Details SETDET Start of Block

Indicator :4!c//4!c A mandatory field to beused as per ISO standardsThe same needs to be hard

"SETR//TRAD"



coded into every messageso as to retaincompatibility to ISO



95P Settling party :4!c//4!a2!a2!c[3!c]

To indicate the entitywith whom the trade issettled.


Qualifier: "DEAG"BIC Code:Of party with whom trade is settled

OR (where BIC code is not available)95Q Settling party :4!c//4*35x To indicate the entity

with whom the trade is tobe settled.


Qualifier: "DEAG"

Narrative: Name of party with whom tradeis settled.



Optional Subsequence E1 Settlement Parties




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

Indicates the broker Format: (Qualifier)//(BIC code)

Qualifier: "SELL"BIC CodeOf the contracting broker

OR [in case BIC is not available for the broker]

Broker (in casethere is no BICfor the broker)

:4!c//4*35x Indicates the broker Format: (Qualifier)//(Narrative)Qualifier: "SELL"Narrative:Name and address of broker (4 lines of35 characters)

ProcessingReference

:4!c//16x To play back the contractnote reference number




SETDET End of Block




Illustration IFN 544 – Custodian to Client - Confirmation ofReceive Free (Debt)

{IFN544}{ SENDERADDRS }{ RECVERADDRS }{:16R:GENL:20C::SEME//262255463217:23G:NEWM:98A::PREP//20020527:22F::PARS//PARC:16R:LINK:20C::RELA//DSPDBS111321:16S:LINK:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1:98A::TRAD//20020526:98A::SETT//20020529:98A::ESET//20020801:35B:ISIN INE923B07069FORD IND 9.80 N SR-S (02AG06)NCD / 600005397S/ST/010:16R:FIA:70E::FIAN//FV/10000000,FRR/MIBOR 10:30AMMD/20031130:16S:FIA:70E::SPRO//OT:16S:TRADDET:16R:FIAC:36B::PSTT//UNIT/21000,:36B::ESTT//UNIT/15000,:97A::SAFE//8004060020:16S:FIAC:16R:SETDET:22F::SETR//TRAD:16R:SETPRTY:95P::DEAG//Settling party BIC Code:16S:SETPRTY:16R:SETPRTY:95P::SELL//Contracting broker’s BIC Code:16S:SETPRTY:16S:SETDET-}



Illustrative Example Explained – IFN 544 – Custodian to Client –Confirmation of Receive Free (Debt)

:16R:GENL:20C::SEME//262255463217 Indicates Sender’s Reference

No i.e. custodian’sreference no

:23G:NEWM Indicates a new message:98A::PREP//20020527 Message Preparation Date:22F::PARS//PARC Confirmation of remaining

part of the settlement:16R:LINK:20C::RELA//DSPDBS111321 Displays the client’s

reference no


:16S:LINK


:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1 Stock Exchange Details:98A::TRAD//20020526 Trade Date:98A::SETT//20020529 Settlement Date (scheduled):98A::ESET//20020801 Effective Settlement Date:35B:ISIN INE923B07069FORD IND 9.80 N SR-S (02AG06)NCD / 600005397S


:16R:FIA:70E::FIAN//FV/10000000,FRR/MIBOR 10:30AMMD/20031130

Details of the debtinstrument. To be used toidentify the instrument, incase there is no ISIN.

Block FIAgivesscripdetails

:16S:FIA:70E::SPRO//OT Settlement Type – Other

BlockTRADDETgivestradedetails

:16S:TRADDET:16R:FIAC:36B::PSTT//UNIT/15000, Previously settled quantity:36B::ESTT//UNIT/15000, Effective Settlement

Quantity:97A::SAFE//8004060020 Safekeeping account


:16R:FIAC:16R:SETDET:22F::SETR//TRAD Mandatory ISO:16R:SETPRTY:95P::DEAG//Settling Party BICCode

Settling party’s BIC

:16S:SETPRTY:16R:SETPRTY:95P::SELL//Contracting broker’sBIC code

Broker’s BIC

BlockSETPRTYgivesSettlementPartydetails

:16S:SETPRTY


:16S:SETDET



Message IFN 545 – Custodian to Client - Confirmation of a Receive Against Payment(Equity)

Format Sequence

Generic FieldName


Mandatory Sequence A General Information

GENL Start of Block

Reference :4!c//16x Sender's Reference.Will contain thereference number of thetrade as per sender’ssystem




PreparationDate









LINK Start of Block

LinkageReference




LINK End of Block

End of Subsequence A1 Linkages

GENL End of Block

End of Sequence A General Information

Mandatory Sequence B Trade Details

TRADDET Start of Block



Place :4!c//4!c[/30x] To identify exchange Format: (Qualifier)//(Place Code)/(BICCode Narrative)

Qualifier: "TRAD"Place Code: "EXCH"Narrative: BIC code of the exchange willbe used. Where BIC code is notavailable, please indicate full name ofthe Stock ExchangePlace code will be “PRIM” for primarymarket. Exchange code will be left blankin such case.

Settlement Date:4!c//8!n To identify settlementdate



EffectiveSettlement Date





Price :4!c//4!c/3!a15d


Format: (Qualifier)//(Amount TypeCode)/(Currency Code) (Price)Qualifier: “DEAL” (4 Characters)Amount Type Code: “ACTU” (4 Characters)Currency Code: “INR” (3 alphabets)Price: Up to 15 digits (including decimalcomma)


[ISIN1!e12!c][4*35x]


Format: (Identification of Security)(Description of Security) Identification of Security:“ISIN”(followed by the ISIN of thesecurity)Description of Security: (4 lines of 35Characters)

Narrative :4!c//10*35x To identifySegment Type e.g. Rolling(DR)/ Inter FII (DI)/Auction Rolling (AR) / OT(Other)

Format: (Qualifier) //(Narrative)Qualifier: “SPRO” (4 Characters)Narrative: “DR” or “DI” or “AR” or “OT”

Format: (Qualifier) //(Narrative)Qualifier: “SPRO” (4 Characters)Narrative: (as provided in the MT541)

TRADDET End of Block

End of Sequence B Trade Details


FIAC Start of Block




:4!c//4!c/15d To identify the settledquantity (ESTT).In case of partialsettlement of trade, thequalifiers "PSTT" / "RSTT"will accompany qualifier"ESTT".

ESTT : Settled QuantityPSTT : Previously SettledQtyRSTT : Remaining Qty to besettled.

Format: (Qualifier)//(Quantity TypeCode)/(Quantity)Qualifier: “ESTT” or "RSTT" or "PSTT" (4Characters)Quantity Type Code: ”UNIT” (4 Characters)Quantity: Up to 15 digits (includingdecimal comma)

Account :4!c//35x To identify thesafekeeping account usingthe client safekeepingcode


Account :4!c//35x To identify the cashaccount where cash entrywas posted

Format: (Qualifier) //(Safe KeepingAccount Code)Qualifier: “CASH” (4 Characters)Cash Account number: (35 Characters)

FIAC End of Block






Indicator :4!c//4!c A mandatory field to beused as per ISO standards.The same needs to be hardcoded into every messageso as to retaincompatibility to ISO

"SETR//TRAD"



95P SettlingCounter-party

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

To indicate the entitywith whom the trade wassettled.


Qualifier: "DEAG"BIC Code:BIC code of entity with whom trade wassettled.




95Q SettlingCounter-party

:4!c//4*35x To indicate the entitywith whom the trade wassettled.


Qualifier: "DEAG"Narrative: Name of entity with whomtrade was settled.






Indicates the contractingbroker. Please Use BICCode


Qualifier: "SELL"BIC Code:Of the contracting broker




Broker (in casethere is no BICfor the broker)

:4!c//4*35x Indicates the contractingbroker. Please use SEBIreg. No. or name ofbroker.


Qualifier: "SELL"Narrative:SEBI reg. No. or name of broker.

ProcessingReference

:4!c//16x To play back the contractnote reference number.




Mandatory Subsequence E3 Amounts

AMT Start of Block

Amount :4!c//3!a15d Indicates the settledamount (ESTT)

Format: (Qualifier)//(Currency)(Amount)

Qualifier: "ESTT" for settlement amountCurrency: "INR"Amount: up to 15 digits (includingdecimal comma)

AMT End of Block



End of Mandatory Subsequence E3a Amounts

Optional Subsequence E3a Amounts

AMT Start of Block

Amount :4!c//3!a15d Indicates the brokerageamount (EXEC)


Qualifier: "EXEC" for settlement amountCurrency: "INR"Amount: up to 15 digits (includingdecimal comma)

AMT End of Block

End of Optional Subsequence E3a Amounts

SETDET End of Block




Illustration - IFN 545 – Custodian to Client - Confirmation of aReceive Against Payment (Equity)

{IFN545}{ SENDERADDRS }{ RECVERADDRS }{:16R:GENL:20C::SEME//26224600192:23G:NEWM:98A::PREP//20020903:22F::PARS//PAIN:16R:LINK:20C::RELA//DSPEQS112321:16S:LINK:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1:98A::SETT//20020903:98A::TRAD//20020829:98A::ESET//20020903:90B::DEAL//ACTU/INR3214,52:35B:ISIN INE155A01012TELCO EQUITY 1801611S:70E::SPRO//DR:16S:TRADDET:16R:FIAC:36B::ESTT//UNIT/59943,:36B::RSTT//UNIT/57,:97A::SAFE//8004066008:97A::CASH//2020202020:16S:FIAC:16R:SETDET:22F::SETR//TRAD:22F::REGT//YREG:16R:SETPRTY:95P::SELL//Contracting broker’s BIC Code:16S:SETPRTY:16R:SETPRTY:95Q::DEAG//Settling Party’s BIC Code:16S:SETPRTY:16R:AMT:19A::ESTT//INR3224250,00:16S:AMT:16S:SETDET-}



Illustrative Example Explained - IFN 545 – Custodian to Client -Confirmation of a Receive Against Payment (Equity)



:23G:NEWM Indicates a new message:98A::PREP//20020903 Message Preparation Date:22F::PARS//PAIN Indicates Partial

settlement:16R:LINK:20C::RELA//DSPEQS112321 Displays the client’s ref

no


:16S:LINK


:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1 Stock Exchange Details:98A::SETT//20020903 Settlement Date:98A::TRAD//20020829 Trade Date:98A::ESET//20020903 Effective Settlement Date:90B::DEAL//ACTU/INR3214,52 Deal Rate:35B:ISIN INE155A01012TELCO EQUITY 1801611S


:70E::SPRO//DR Rolling Segment Trade


:16S:TRADDET:16R:FIAC:36B::ESTT//UNIT/59943, Effective Settlement Qty:36B::RSTT//UNIT/57, Remaining Settlement Qty:97A::SAFE//8004066008 Safekeeping account:97A::CASH//2020202020 Cash Account debited


:16S:FIAC:16R:SETDET:22F::SETR//TRAD Mandatory ISO:22F::REGT//YREG Instruction to register the

stock:16R:SETPRTY:95P::SELL//Broker’s BIC Code Contracting Broker’s BIC

Code:16S:SETPRTY:16R:SETPRTY:95Q::DEAG//Settling party’s BICCode

Settling party’s BIC code


:16S:SETPRTY:16R:AMT:19A::ESTT//INR3224250,00 Settled Amount:16S:AMT


AMT blockgivessettledamountdetails :16S:SETDET



Message IFN 545 – Custodian to Client - Confirmation of a Receive Against Payment(Debt)



Format Sequence

Generic FieldName



Will contain the referencenumber of the trade as persender’s system




PreparationDate




:4!c//4!c To indicate if the settlementof the trade is in parts


Mandatory Subsequence A1 Linkages LINK Start of Block Linkage :4!c//16x To indicate the reference Format: (Qualifier) /(Reference)



Reference number of the trade as per theclient’s system.This would playback the SEMEreference no. in the MT541

Qualifier: ”RELA” (4 UppercaseCharacters)Reference: The reference no. as given infield SEME of the MT541 instruction. (16Characters)




Code Narrative)

Qualifier: "TRAD"Place Code: "EXCH"Narrative: BIC code of the exchange willbe used. Where BIC code is notavailable, please indicate full name ofthe Stock ExchangePlace code will be “PRIM” for primarymarket. Exchange code will be left blankin such case.

SettlementDate

:4!c//8!n To identify settlement date Format: (Qualifier)//(Date)Qualifier: “SETT” (4 Characters)Date: <YYYYMMDD>


EffectiveSettlementDate

:4!c//8!n To identify actual date ofsettlement





To indicate the trade rate.The rate is expressed asactual price [ACTU].


Qualifier: “DEAL”Amount Type Code: “ACTU” Currency Code:“INR”Price: Up to 15 digits (including decimalplaces and decimal sign). Comma has to beused as decimal sign and is mandatory.

ORDeal Price :4!c//4!c/15d To indicate the trade rate.

The rate is expressed aspercentage [PRCT].


Qualifier: “DEAL”Amount Type Code: “PRCT”Price: Up to 15 digits (including decimalplaces and decimal sign). Comma has to beused as decimal sign and is mandatory.


[ISIN1!e12!c][4*35x]

To identify the ISIN of thescrip and company name andtype of security.In case of GSECs, the RBI Loancode would be indicated usingthe qualifier "XX" in thedescription

Format: (Identification of Security)(Description of Security)Identification of Security:“ISIN”(followed by the ISIN of thesecurity)Description of Security: (4 lines of 35Characters)In case ISIN doesn’t exist for a GSEC,use “/XX/RBI/” followed by Loan code asdefined by RBI. The remaining 3 lines areto be used for the description of theSecurity

Optional Subsequence B1 Financial Instrument AttributesStart of Block FIA Details Required For Debt



Instruments will be providedin this block if ISIN is notavailable


:4!c//10*35x This should provideinformation on: Loan Code,Face Value, Maturity Dates andAmts, Allotment date, InterestPayment Date and Amts,Floating Rate Indicator,Markup and Base, Put / CallDetails Credit Rating Details





Segment Type i.e. Rolling(DR)/ Inter FII (DI)/ AuctionRolling (AR) / OT (Other)

Format: (Qualifier) //(Narrative)Qualifier: “SPRO” (4 Characters)Narrative:Line 1: “DR” or “DI” or “AR” or “OT”




:4!c//4!c/15d To identify the settledquantity (ESTT).In case of partial settlementof trade, the qualifiers"PSTT" / "RSTT" will accompanyqualifier "ESTT".

ESTT : Settled QuantityPSTT : Previously Settled QtyRSTT : Remaining Qty to be





settled.

In case of debt instruments,the Quantity Type code couldbe "FAMT" (nominal amount =face value * no of shares).Alternatively "UNIT" could beused to merely indicated no ofsecurities.


Format: (Qualifier) //(Account Number)Qualifier: “SAFE” (4 Characters)Account Number: (35 Characters)

Account :4!c//35x To identify the cash accountwhere cash entry was posted




Indicator :4!c//4!c A mandatory field to be usedas per ISO standardsThe same needs to be hardcoded into every message so asto retain compatibility to ISO

"SETR//TRAD"





95P Party :4!c//4!a2!a2!c[3!c]Indicates the party withwhom the trade was settled


Format: (Qualifier) //(BICcode)Qualifier: “DEAG”BIC code of the party withwhom the trade was settled.


whom the trade wassettled.


Format:(Qualifier)//(Narrative)Qualifier: “DEAG”Narrative: Name of thesettling counter-party (4lines of 35 characters)






Indicates the contractingbroker. Please use BIC Code.


Qualifier: "SELL"BIC CodeOf the contracting broker

OR [in case BIC is not available for the broker]



Broker (incase there isno BIC for thebroker)

:4!c//4*35x Indicates the contractingbroker. Please use SEBI Reg.No. or name.

Format: (Qualifier)//(Narrative)Qualifier:"SELL"Narrative:SEBI reg. No. or Name of contractingbroker (4 lines of 35 characters)




AMT Start of Block

Amount :4!c//3!a15d Indicates the settled amount(ESTT)


Qualifier: "ESTT" for settlement amountCurrency: "INR"Amount: Up to 15 digits (includingdecimal comma)

AMT End of Block



AMT Start of Block



Amount :4!c//3!a15d Indicates the brokerage amount(EXEC)


Qualifier: "EXEC" for settlement amountCurrency: "INR"Amount: Up to 15 digits (includingdecimal comma)

AMT End of Block



AMT Start of Block

Amount :4!c//3!a15d To identify the service tax Format: (Qualifier)//(Currency)(Amount)

Qualifier: "TRAX" for settlement amountCurrency: "INR"Amount: Up to 15 digits (includingdecimal comma)

AMT End of Block


SETDET End of Block



Illustration IFN 545 – Custodian to Client - Confirmation of aReceive Against Payment (Debt)

{IFN545}{ SENDERADDRS }{ RECVERADDRS }{:16R:GENL:20C::SEME//262255463217:23G:NEWM:98A::PREP//20020527:16R:LINK:20C::RELA//DSPDBS111321:16S:LINK:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1:98A::TRAD//20020526:98A::SETT//20020529:98A::ESET//20020801:90A::DEAL//PCRT/101,76:35B:ISIN INE923B07069FORD IND 9.80 N SR-S (02AG06)NCD / 600005397S/ST/010:16R:FIA:70E::FIAN//FV/10000000,FRR/MIBOR 10:30AMMD/20031130:16S:FIA:70E::SPRO//OT:16S:TRADDET:16R:FIAC:36B::ESTT//FAMT/150000000,:97A::SAFE//8004060020:16S:FIAC:16R:SETDET:22F::SETR//TRAD:16R:SETPRTY:95P::DEAG//Settling party’s BIC Code:16S:SETPRTY:16R:SETPRTY:95P::SELL//Contracting party’s BIC Code:16S:SETPRTY:16R:AMT:19A::ESTT//INR152640000,00:16S:AMT:16S:SETDET-}



Illustrative Example Explained - IFN 545 – Custodian to Client -Confirmation of a Receive Against Payment (Debt)



:23G:NEWM Indicates a new message:98A::PREP//20020527 Message Preparation Date:16R:LINK:20C::RELA//DSPDBS111321 Displays the client’s

reference no


:16S:LINK


:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1 Stock Exchange Details:98A::TRAD//20020526 Settlement Date:98A::SETT//20020529 Trade Date:98A::ESET//20020801 Effective Settlement Date:90A::DEAL//PCRT/101,76 Deal Rate:35B:ISIN INE923B07069FORD IND 9.80 N SR-S (02AG06)NCD / 600005397S





:16S:FIA:70E::SPRO//OT Other Segment


:16S:TRADDET:16R:FIAC:36B::ESTT//FAMT/150000000, Effective Settlement



:16R:FIAC:16R:SETDET:22F::SETR//TRAD Mandatory per ISO:16R:SETPRTY:95P::DEAG//Settling party’s BIC Settling Party’s BIC Code:16S:SETPRTY:16R:SETPRTY:95P::SELL//Broker’s BIC Contracting Broker’s BIC

BlockSETPRTYgivesSettlementPartydetails :16S:SETPRTY

:16R:AMT:19A::ESTT//INR152640000,00 Settled Amount:16S:AMT


AmountDetails

:16S:SETDET



Message IFN 546 – Custodian to Client - Confirmation of Deliver Free (Equity)

Format Sequence

Generic FieldName







98A PreparationDate









LINK Start of Block LinkageReference

:4!c//16x To indicate the referencenumber of the trade asper the client’s system.


Qualifier: ” RELA” (4 UppercaseCharacters)Reference: The reference no. as perclient.




Code Narrative)


98A SettlementDate

:4!c//8!n To identify settlementdate


98A Trade Date :4!c//8!n To identify trade date Format: (Qualifier)//(Date)Qualifier: “TRAD” (4 Characters)Date: <YYYYMMDD>

98A EffectiveSettlementDate







Format: (Qualifier)//(Amount TypeCode)/(Currency Code) (Price)Qualifier: “DEAL” (4 Characters)Amount Type Code: “ACTU” (4 Characters)Currency Code: “INR” (3 alphabets)Price: Up to 15 digits (includingdecimal comma)


[ISIN1!e12!c][4*35x]


Format: (Identification of Security)(Description of Security)Identification of Security:“ISIN”(followed by the ISIN of thesecurity)zDescription of Security: (4 lines of 35Characters)







ESTT : Settled Quantity

Format: (Qualifier)//(Quantity TypeCode)/(Quantity)Qualifier: “ESTT” or "RSTT" or "PSTT" (4Characters)Quantity Type Code: ”UNIT” (4Characters)Quantity: Up to 15 digits (includingdecimal comma)



PSTT : Previously SettledQtyRSTT : Remaining Qty tobe settled.

97A Account :4!c//35x To identify thesafekeeping account usingthe client safekeepingcode

Format: (Qualifier) //(Safe KeepingAccount Code)Qualifier: “SAFE” (4 Characters)Account Number: (35 Characters)




Indicator :4!c//4!c A mandatory field to be usedas per ISO standardsThe same needs to be hardcoded into every message soas to retain compatibility toISO

"SETR//TRAD"




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

To indicate the entitywith whom the trade issettled. USE BIC Code.


Qualifier: "REAG"BIC Code:Of the party with whom trade is settled.




95Q SettlingCounter-party

:4!c//4*35x To indicate the entitywith whom the trade issettled. Use SEBIRegistration number ofbroker or name of party.


Qualifier: "REAG"

Narrative: Use SEBI registration numberof broker or name of party





95P Broker :4!c//4!a2!a2!c[3!c]

Indicates the Contractingbroker. BIC Code to beused


Qualifier: "BUYR"BIC Code:Of the contracting broker

OR (where BIC code is not available)95Q Broker (in case

there is no BICfor the broker)

:4!c//4*35x Indicates the broker.SEBI reg. no. or name ofbroker to be used.


Qualifier: "BUYR"SEBI reg. no. or name of broker


:4!c//16x Broker’s contract notereference number.






SETDET End of Block




Illustration IFN 546 – Custodian to Client - Confirmation ofDeliver Free (Equity)

{IFN546}{ SENDERADDRS }{ RECVERADDRS }{:16R:GENL:20C::SEME//26224600192:23G:NEWM:98C::PREP//20020903:16R:LINK:20C::RELA//DSPEQS112321:16S:LINK:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1:98A::SETT//20020903:98A::TRAD//20020829:98A::ESET//20020903:35B:ISIN INE155A01012TELCO-DEMAT EQUITY:70E::SPRO//DR:16S:TRADDET:16R:FIAC:36B::ESTT//UNIT/59900,:97A::SAFE//8004066008:16S:FIAC:16R:SETDET:22F::SETR//TRAD:16R:SETPRTY:95P::BUYR//Broker BIC Code:20C::PROC//A21001010101001:16S:SETPRTY:16R:SETPRTY:95Q::REAG//Settling party BIC Code:16S:SETPRTY:16S:SETDET-}



Illustrative Example Explained IFN 546 – Custodian to Client -Confirmation of Deliver Free (Equity)



:23G:NEWM Indicates a new message:98C::PREP//20020903 Message Preparation Date:16R:LINK:20C::RELA//DSPEQS112321 Displays the client’s

reference no


:16S:LINK


:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1 Stock Exchange Details:98A::SETT//20020903 Settlement Date:98A::TRAD//20020829 Trade Date:98A::ESET//20020903 Effective Settlement Date:35B:ISIN INE155A01012TELCO-DEMAT EQUITY


:70E::SPRO//DR Rolling Segment


:16S:TRADDET:16R:FIAC:36B::ESTT//UNIT/59900, Effective Settlement Qty:97A::SAFE//8004066008 Safekeeping account


:16S:FIAC:16R:SETDET:22F::SETR//TRAD Mandatory ISO:16R:SETPRTY:95P::BUYR//Broker BIC Code Contracting Broker’s BIC

Code:16S:SETPRTY:16R:SETPRTY:95Q::REAG//Settling Party BICCode

Settling party BIC code

:20C::PROC//A21001010101001 Contract note referenceno


:16S:SETPRTY


:16S:SETDET



Message IFN 546 – Custodian to Client - Confirmation of Deliver Free (Debt)

Format Sequence

Generic FieldName



Will contain the referencenumber of the trade as persender’s system




PreparationDate




:4!c//4!c To indicate if the settlementof the trade is in parts




Mandatory Subsequence A1 Linkages LINK Start of Block LinkageReference

:4!c//16x To indicate the referencenumber of the trade as perthe client’s system.This would playback the SEMEreference no. in the MT542






Code Narrative)


SettlementDate

:4!c//8!n To identify settlement date Format: (Qualifier)//(Date)Qualifier: “SETT” (4 Characters)Date: <YYYYMMDD>



:4!c//8!n To identify actual date ofsettlement





To indicate the trade rate.The rate is expressed asactual price [ACTU].


Qualifier: “DEAL”Amount Type Code: “ACTU” Currency Code:“INR”Price: Up to 15 digits (includingdecimal places and decimal sign). Commahas to be used as decimal sign and ismandatory.

ORDeal Price :4!c//4!c/15d To indicate the trade rate.

The rate is expressed aspercentage [PRCT].


Qualifier: “DEAL”Amount Type Code: “PRCT”Price: Up to 15 digits (includingdecimal places and decimal sign). Commahas to be used as decimal sign and ismandatory.


[ISIN1!e12!c][4*35x]

To identify the ISIN of thescrip and company name andtype of security.In case of GSECs, the RBILoan code would be indicatedusing the qualifier "XX" inthe description

Format: (Identification of Security)(Description of Security)Identification of Security:“ISIN”(followed by the ISIN of thesecurity)Description of Security: (4 lines of 35Characters)In case ISIN doesn’t exist for a GSEC,use “/XX/RBI/” followed by Loan code asdefined by RBI. The remaining 3 linesare to be used for the description ofthe Security



Optional Subsequence B1 Financial Instrument AttributesStart of Block FIA Details Required For Debt

Instruments will be providedin this block if ISIN is notavailable


:4!c//10*35x This should provideinformation on: Loan Code,Face Value, Maturity Datesand Amts, Allotment date,Interest Payment Date andAmts, Floating RateIndicator, Markup and Base,Put / Call Details CreditRating Details




Narrative :4!c//10*35x To identifySegment Type i.e. Rolling(DR)/ Inter FII (DI)/ AuctionRolling (AR) / OT (Other)







:4!c//4!c/15d To identify the settledquantity (ESTT).In case of partial settlementof trade, the qualifiers"PSTT" / "RSTT" willaccompany qualifier "ESTT".

ESTT : Settled QuantityPSTT : Previously Settled QtyRSTT : Remaining Qty to besettled.

In case of debt instruments,the Quantity Type code couldbe "FAMT" (nominal amount =face value * no of shares).Alternatively "UNIT" could beused to merely indicated noof shares.




Format: (Qualifier) //(Safe keepingAccount Code)Qualifier: “SAFE” (4 Characters)Safe Keeping Account Code: (35Characters)





Indicator :4!c//4!c A mandatory field to be usedas per ISO standardsThe same needs to be hardcoded into every message soas to retain compatibility toISO

"SETR//TRAD"




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




OR (where BIC code is not available)95Q Settling

Counter-party:4!c//4*35x To indicate the entity

with whom the trade issettled. Use SEBIRegistration number ofbroker or name of party.


Qualifier: "REAG"








95P Broker :4!c//4!a2!a2!c[3!c]














SETDET End of Block




Illustration IFN 546 – Custodian to Client - Confirmation ofDeliver Free (Debt)

{IFN546}{ SENDERADDRS }{ RECVERADDRS }{:16R:GENL:20C::SEME//262255463217:23G:NEWM:98A::PREP//20020527:16R:LINK:20C::RELA//DSPDBS111321:16S:LINK:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1:98A::TRAD//20020526:98A::SETT//20020529:98A::ESET//20020801:35B:ISIN INE923B07069FORD IND 9.80 N SR-S (02AG06)NCD / 600005397S/ST/010:16R:FIA:70E::FIAN//FV/10000000,FRR/MIBOR 10:30AMMD/20031130:16S:FIA:70E::SPRO//OT:16S:TRADDET:16R:FIAC:36B::ESTT//UNIT/15000,:97A::SAFE//8004060020:16S:FIAC:16R:SETDET:22F::SETR//TRAD:16R:SETPRTY:95P::REAG//Settling party BIC Code:16S:SETPRTY:16R:SETPRTY:95P::BUYR//contracting broker BIC Code:16S:SETPRTY:16S:SETDET-}



Illustrative Example Explained - IFN 546 – Custodian to Client -Confirmation of Deliver Free (Debt)




reference no


:16S:LINK


:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1 Stock Exchange Details:98A::TRAD//20020526 Settlement Date:98A::SETT//20020529 Trade Date:98A::ESET//20020801 Effective Settlement Date:35B:ISIN INE923B07069FORD IND 9.80 N SR-S (02AG06)NCD / 600005397S





:16S:FIA:70E::SPRO//OT Segment ‘Other’


:16S:TRADDET:16R:FIAC:36B::ESTT//UNIT/15000, Effective Settlement



:16R:FIAC:16R:SETDET:22F::SETR//TRAD Mandatory ISO:16R:SETPRTY:95P::REAG//Settling party BICCode


:16S:SETPRTY:16R:SETPRTY:95P::BUYR// Broker’s BIC code Contracting Broker’s BIC

code


:16S:SETPRTY


:16S:SETDET



Message IFN 547 – Custodian to Client - Confirmation of Deliver Against Payment(Equity)

Format Sequence

Generic FieldName







98A PreparationDate





Format: (Qualifier) //(Indicator)Qualifier: “PARS” (4 Characters)Indicator:"PAIN" - to indicate a part of the traderemains unsettled"PARC" - to indicate confirmation of a



remaining part of an instruction whichwas previously confirmed as partiallysettled


:4!c//16x To indicate thereference number of thetrade as per theclient’s system.This would playback theSEME reference no. inthe MT543






Code Narrative)


98A Settlement Date:4!c//8!n To identify settlementdate


98A Trade Date :4!c//8!n To identify trade date Format: (Qualifier)//(Date)Qualifier: “TRAD” (4 Characters)



Date: <YYYYMMDD>98A Effective

Settlement Date:4!c//8!n To identify the actual

date of settlementFormat: (Qualifier)//(Date)Qualifier: “ESTT” (4 Characters)Date: <YYYYMMDD>



Format: (Qualifier)//(Amount TypeCode)/(Currency Code) (Price)Qualifier: “DEAL” (4 Characters)Amount Type Code: “ACTU” (4 Characters)Currency Code: “INR” (3 alphabets)Price: upto 15 digits (including decimalcomma)


[ISIN1!e12!c][4*35x]



Narrative :4!c//10*35x To identifySegment Type i.e.Rolling (DR)/ Inter FII(DI)/ Auction Rolling(AR) / OT (Other)





:4!c//4!c/15d To identify the settledquantity (ESTT).In case of partialsettlement of trade,

Format: (Qualifier)//(Quantity TypeCode)/(Quantity)Qualifier: “ESTT” or "RSTT" or "PSTT" (4Characters)



the qualifiers "PSTT" /"RSTT" will accompanyqualifier "ESTT".

ESTT : Settled QuantityPSTT : PreviouslySettled QtyRSTT : Remaining Qty tobe settled.

Quantity Type Code: ”UNIT” (4 Characters)Quantity: upto 15 digits (includingdecimal comma)

97A Account :4!c//35x To identify thesafekeeping accountusing the clientsafekeeping code


97A Account :4!c//35x To identify the cashaccount where cashentry was posted




Indicator :4!c//4!c A mandatory field to beused as per ISOstandardsThe same needs to behard coded into everymessage so as to retaincompatibility to ISO

"SETR//TRAD"






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








Qualifier: "REAG"






95P Broker :4!c//4!a2!a2!c[3!c]







95Q Broker (in casethere is no BICfor the broker)










AMT Start of Block

Amount :4!c//3!a15d Indicates the settledamount (ESTT)


Qualifier: "ESTT" for settlement amountCurrency: "INR"Amount: up to 15 digits (includingdecimal comma)

AMT End of Block

End of Mandatory Subsequence E3a Amounts



Optional Subsequence E3a Amounts

AMT Start of Block

Amount :4!c//3!a15d Indicates the brokerageamount (EXEC)


Qualifier: "EXEC" for settlement amountCurrency: "INR"Amount: up to 15 digits (includingdecimal comma)

AMT End of Block

End of Optional Subsequence E3a Amounts

SETDET End of Block




Illustration IFN 547 – Custodian to Client - Confirmation ofDeliver Against Payment (Equity)

{IFN547}{ SENDERADDRS }{ RECVERADDRS }{:16R:GENL:20C::SEME//26224600192:23G:NEWM:98A::PREP//20020903:22F::PARS//PAIN:16R:LINK:20C::RELA//DSPEQS112321:16S:LINK:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1:98A::SETT//20020903:98A::TRAD//20020829:98A::ESET//20020903:90B::DEAL//ACTU/INR3214,52:35B:ISIN INE155A01012TELCO-DEMAT EQUITYDEMAT EQUITY 1801611S:70E::SPRO//DR:16S:TRADDET:16R:FIAC:36B::ESTT//UNIT/59943,:36B::RSTT//UNIT/57,:97A::SAFE//8004066008:97A::CASH//2020202020:16S:FIAC:16R:SETDET:22F::SETR//TRAD:16R:SETPRTY:95P::BUYR//Broker BIC Code:20C::PROC//A21001010101001:16S:SETPRTY:16R:SETPRTY:95Q::REAG//Settling party BIC Code:16S:SETPRTY:16R:AMT:19A::ESTT//INR3224250,00:16S:AMT:16S:SETDET-}



Illustrative Example Explained – IFN 547 – Custodian to Client –Confirmation of Deliver Against Payment (Equity)


No i.e. custodian’s referenceno

:23G:NEWM Indicates a new message:98A::PREP//20020903 Message Preparation Date:22F::PARS//PAIN Indicates Partial settlement:16R:LINK:20C::RELA//DSPEQS112321 Displays the client’s ref no


:16S:LINK


:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1 Stock Exchange Details:98A::SETT//20020903 Settlement Date:98A::TRAD//20020829 Trade Date:98A::ESET//20020903 Effective Settlement Date:90B::DEAL//ACTU/INR3214,52 Deal Rate:35B:ISIN INE155A01012TELCO-DEMAT EQUITYDEMAT EQUITY


:70E::SPRO//DR Rolling Segment


:16S:TRADDET:16R:FIAC:36B::ESTT//UNIT/59943, Effective Settlement Qty:36B::RSTT//UNIT/57, Remaining Settlement Qty:97A::SAFE//8004066008 Safekeeping account:97A::CASH//2020202020 Cash Account credited


:16S:FIAC:16R:SETDET:22F::SETR//TRAD Mandatory ISO:16R:SETPRTY:95P::BUYR//Contracting broker’sBIC Code

Contracting Broker’s BIC code

:20C::PROC//A21001010101001 Contract note reference no:16S:SETPRTY:16R:SETPRTY:95Q::REAG//Settling party BICCode





Amountdetailsblock

:16S:SETDET



Message IFN 547 – Custodian to Client - Confirmation of Delivery Against Payment(Debt)

Format Sequence

Generic FieldName







PreparationDate





Format: (Qualifier) //(Indicator)Qualifier: “PARS” (4 Characters)Indicator:"PAIN" - to indicate a part of the traderemains unsettled"PARC" - to indicate confirmation of aremaining part of an instruction which



was previously confirmed as partiallysettled


:4!c//16x To indicate thereference number of thetrade as per theclient’s system.This would playback theSEME reference no. inthe MT543






Code Narrative)


SettlementDate

:4!c//8!n To identify settlementdate






:4!c//8!n To identify the actualdate of settlement

Format: (Qualifier)//(Date)Qualifier: “ESTT” (4 Characters)Date: <YYYYMMDD>


To indicate the traderate. The rate isexpressed as actualprice [ACTU].


Qualifier: “DEAL”Amount Type Code: “ACTU” Currency Code:“INR”Price: Up to 15 digits (including decimalplaces and decimal sign). Comma has to beused as decimal sign and is mandatory.

ORDeal Price :4!c//4!c/15d To indicate the trade



Qualifier: “DEAL”Amount Type Code: “PRCT”Price: Up to 15 digits (including decimalplaces and decimal sign). Comma has to beused as decimal sign and is mandatory.


[ISIN1!e12!c][4*35x]



Optional Subsequence B1 Financial Instrument AttributesStart of BlockFIA Details Required For

Debt Instruments will be



provided in this blockif ISIN is not available


:4!c//10*35x This should provideinformation on: LoanCode, Face Value,Maturity Dates and Amts,Allotment date, InterestPayment Date and Amts,Floating Rate Indicator,Markup and Base, Put /Call Details CreditRating Details





Segment Type i.e.Rolling (DR)/ Inter FII(DI)/ Auction Rolling(AR) / OT (Other)






ESTT : Settled Quantity


Qualifier: “ESTT” or "RSTT" or "PSTT" (4Characters)Quantity Type Code: ”UNIT” or "FAMT" (4Characters)Quantity: up to 15 digits (includingdecimal comma)



PSTT : PreviouslySettled QtyRSTT : Remaining Qty tobe settled.

In case of debtinstruments, theQuantity Type code couldbe "FAMT" (nominalamount = face value * noof shares).Alternatively "UNIT"could be used to merelyindicated no of shares.

Account :4!c//35x To identify thesafekeeping accountusing the clientsafekeeping code

Format: (Qualifier) //(Account Number)Qualifier: “SAFE” (4 Characters)Account Number: (35 Characters)

Account :4!c//35x To identify the cashaccount where cash entrywas posted




Indicator :4!c//4!c A mandatory field to beused as per ISOstandardsThe same needs to behard coded into everymessage so as to retain

"SETR//TRAD"



compatibility to ISO




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








Qualifier: "REAG"






95P Broker :4!c//4!a2!a2!c[3!c]








:4!c//4*35x Indicates the Contractingbroker. SEBI reg. no. orname of broker to beused.









AMT Start of Block

Amount :4!c//3!a15d Indicates the settled amount(ESTT)


Qualifier: "ESTT" for settlement amountCurrency: "INR"Amount: Up to 15 digits (includingdecimal comma)

AMT End of Block



AMT Start of Block



Amount :4!c//3!a15d Indicates the brokerage amount(EXEC) (as is given in theMT541)


Qualifier: "EXEC" for settlement amountCurrency: "INR"Amount: Up to 15 digits (includingdecimal comma)

AMT End of Block



AMT Start of Block

Amount :4!c//3!a15d To identify the service tax(as is given in the MT541)


Qualifier: "TRAX" for settlement amountCurrency: "INR"Amount: Up to 15 digits (includingdecimal comma)

AMT End of Block


SETDET End of Block



Illustration - IFN 547 – Custodian to Client - Confirmation of Delivery Against Payment (Debt)


:20C::SEME//262255463217

:98A::PREP//20020527

:20C::RELA//DSPDBS111321

:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1:98A::TRAD//20020526:98A::SETT//20020529:98A::ESET//20020801:90A::DEAL//PCRT/101,76:35B:ISIN INE923B07069FORD IND 9.80 N SR-S (02AG06)NCD / 600005397S

:70E::FIAN//FV/10000000,FRR/MIBOR 10:30AMMD/20031130


:36B::ESTT//FAMT/150000000,:97A::SAFE//8004060020



:16R:SETDET:22F::SETR//TRAD:16R:SETPRTY:95P::REAG//Settling party BIC code:16S:SETPRTY:16R:SETPRTY:95P::BUYR//Contracting broker BIC code:16S:SETPRTY

:19A::ESTT//INR152640000,00

:16S:SETDET



Illustrative Example Explained IFN 547 – Custodian to Client - Confirmation of Delivery AgainstPayment (Debt)




reference no


:16S:LINK

:16S:GENL:16R:TRADDET:94B::TRAD//EXCH/XBSEINB1 Stock Exchange Details:98A::TRAD//20020526 Settlement Date:98A::SETT//20020529 Trade Date:98A::ESET//20020801 Effective Settlement Date:90A::DEAL//PCRT/101,76 Deal Rate:35B:ISIN INE923B07069FORD IND 9.80 N SR-S (02AG06)NCD / 600005397S



:16R:FIA



:70E::FIAN//FV/10000000,FRR/MIBOR 10:30AMMD/20031130


:16S:FIA:70E::SPRO//OT Segment ‘Other’:16S:TRADDET:16R:FIAC:36B::ESTT//FAMT/150000000, Effective Settlement

Quantity (in nominalquantity)

:97A::SAFE//8004060020 Safekeeping account


:16R:FIAC:16R:SETDET:22F::SETR//TRAD Mandatory ISO:16R:SETPRTY:95P::REAG//Settling party BICcode

Settling party BIC code

:16S:SETPRTY:16R:SETPRTY:95P::BUYR//Contracting Broker BICCode

Contracting Broker BICCode



BlockgivingAmountsettleddetails. :16S:SETDET

iso 15022 standard for indian market message formats … · iso 15022 standard for indian market...

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