Message Format Validation Rules

October 2007 Standards Release

February 2007
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Message Format Validation Rules, October 2007 Table of Contents

Table of Contents

Part I General Information

Chapter 1 Introduction........................................................................................................................... 1-1

1.1 Objectives ....................................................................................................................... 1-1
1.2 Scope............................................................................................................................... 1-1
Chapter 2 Document Release Management........................................................................................... 2-1
2.1 Availability of this Book................................................................................................. 2-1
2.2 Change Control............................................................................................................... 2-1

Part II Components

Chapter 1 Introduction........................................................................................................................... 1-1

Chapter 2 Definition .............................................................................................................................. 2-1

Chapter 3 Conventions .......................................................................................................................... 3-1

Chapter 4 Special functions ................................................................................................................... 4-1

4.1 Date................................................................................................................................. 4-1
4.1.1 Value Date.............................................................................................................. 4-2
4.1.2 YEAR..................................................................................................................... 4-3
4.2 Time................................................................................................................................ 4-3
4.3 <SWIFTBIC> and <NON-SWIFTBIC> used in copy field(s) of MTs n92, n95, n96 .. 4-3
4.4 <SWIFTBIC> and <NON-SWIFTBIC> used in other than: copy field(s) of MTs
n92, n95, n96 ........................................................................................................................ 4-4
4.4.1 S.W.I.F.T. Address: <SWIFTBIC> ....................................................................... 4-4
4.4.2 NON-S.W.I.F.T. Address: <NON-SWIFTBIC>.................................................... 4-4
4.5 Message Type ................................................................................................................. 4-5
4.6 <Number> <Amount> .................................................................................................... 4-5
4.7 SUB-6 ............................................................................................................................. 4-6
4.8 SB - LC ........................................................................................................................... 4-6
4.8.1 Non-common group messages types (not n92, n95, n96). ..................................... 4-7
4.8.2 Common group message types n92, n95, n96........................................................ 4-7
4.9 Instruction ....................................................................................................................... 4-8
4.10 <FLD72> Sender to Receiver (field 72) ....................................................................... 4-8
4.11 VAR-SEQU-1............................................................................................................... 4-8
4.12 VAR-SEQU-2............................................................................................................. 4-10
4.13 VAR-SEQU-3............................................................................................................. 4-11
4.14 VAR-SEQU-4............................................................................................................. 4-12
4.15 S.W.I.F.T. Party Field Option J. <PARTYFLD/J> .................................................... 4-15
4.16 S.W.I.F.T. Payments Reject/Return............................................................................ 4-19

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4.16.1 <REJT/RETN/72> ..............................................................................................4-19

4.16.2 <REJT/RETN/79> ..............................................................................................4-20
4.17 <CC> Country Code....................................................................................................4-21
4.18 ERI (Euro Related Info) validation .............................................................................4-22
4.19 <FLD72_not_STP> .....................................................................................................4-24
4.20 <FLD72_STP> ............................................................................................................4-24
4.21 <SIGN> .......................................................................................................................4-26
4.22 <OFFSET> ..................................................................................................................4-26
4.23 <IBAN>.......................................................................................................................4-26
4.24 <FLD50F> Party Identifier (inserted) .........................................................................4-27
Chapter 5 Character Sets Validation ......................................................................................................5-1
5.1 <X> Function ..................................................................................................................5-1
5.2 <Y> Function ..................................................................................................................5-2
5.3 <Z> Function...................................................................................................................5-2
5.4 Hexadecimal values:........................................................................................................5-3
Chapter 6 Message User Group Text Validation Rules .........................................................................6-1
6.1 Summary of MUG services and related textval rules:.....................................................6-1
6.2 AU/PDS...........................................................................................................................6-4
6.3 LCH .................................................................................................................................6-7
6.4 LVTS ...............................................................................................................................6-7
6.5 REMIT.............................................................................................................................6-8
6.6 S05 (de-)selection rule.....................................................................................................6-9
6.7 RFDD ............................................................................................................................6-10
6.8 CLSB .............................................................................................................................6-10
6.9 TPS ................................................................................................................................6-14
6.10 DER.............................................................................................................................6-15
6.11 Accord M-Copy...........................................................................................................6-16

Part III Fields

Chapter 1 Introduction ...........................................................................................................................1-1

Chapter 2 Definition...............................................................................................................................2-1
2.1 NON-GENERIC FIELDS ...............................................................................................2-1
2.2 GENERIC FIELDS .........................................................................................................2-2
Chapter 3 Field Components Sequences ................................................................................................3-1

Chapter 4 Special Field Exceptions and Required Code Words ............................................................4-1

Part IV Message Syntax and Semantic Validations

Chapter 1 Introduction ...........................................................................................................................1-1

Chapter 2 Conditional Semantic Validations and Conditional Statements ............................................2-1

2.1 Notations Used in Natural Language Expressions ..........................................................2-2
2.2 Syntax of Logical Expressions ........................................................................................2-3

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2.2.1 Constructs............................................................................................................... 2-3

2.2.2 Procedures .............................................................................................................. 2-4
2.2.3 Statements .............................................................................................................. 2-4
2.2.4 Components ........................................................................................................... 2-5
2.2.5 Functions ................................................................................................................ 2-6
2.2.6 Values..................................................................................................................... 2-7
2.3 List of the Semantic Validation Rules ............................................................................ 2-8
Chapter 3 Text validation error codes.................................................................................................... 3-1

Chapter 4 Specific Error Codes for MUG-textval Rules ....................................................................... 4-1

Chapter 5 Special Error Codes for Value Added Services .................................................................... 5-1

Part V Tables of Messages

Chapter 1 MT 1xx Messages ................................................................................................................. 1-1

1.1 MT 101 ........................................................................................................................... 1-1
1.2 MT 102_not_STP ........................................................................................................... 1-2
1.3 MT 102_STP .................................................................................................................. 1-3
1.4 MT 103_not_STP ........................................................................................................... 1-4
1.5 MT 103_STP .................................................................................................................. 1-6
1.6 MT 104 ........................................................................................................................... 1-7
1.7 MT 105 ........................................................................................................................... 1-8
1.8 MT 106 ........................................................................................................................... 1-8
1.9 MT 107 ........................................................................................................................... 1-8
1.10 MT 110 ....................................................................................................................... 1-10
1.11 MT 111 ....................................................................................................................... 1-10
1.12 MT 112 ....................................................................................................................... 1-10
1.13 MT 121 EDIFACT FINPAY ...................................................................................... 1-11
Chapter 2 MT 2xx Messages ................................................................................................................. 2-1
2.1 MT 200 ........................................................................................................................... 2-1
2.2 MT 201 ........................................................................................................................... 2-1
2.3 MT 202 ........................................................................................................................... 2-2
2.4 MT 203 ........................................................................................................................... 2-2
2.5 MT 204 ........................................................................................................................... 2-3
2.6 MT 205 ........................................................................................................................... 2-3
2.7 MT 206 ........................................................................................................................... 2-4
2.8 MT 207 ........................................................................................................................... 2-5
2.9 MT 210 ........................................................................................................................... 2-5
2.10 MT 256 ......................................................................................................................... 2-6
Chapter 3 MT 3xx Messages ................................................................................................................. 3-1
3.1 MT 300 ........................................................................................................................... 3-1
3.2 MT 303 ........................................................................................................................... 3-2
3.3 MT 304 ........................................................................................................................... 3-4
3.4 MT 305 ........................................................................................................................... 3-6
3.5 MT 306 ........................................................................................................................... 3-6
3.6 MT 307 ........................................................................................................................... 3-9
3.7 MT 308 ......................................................................................................................... 3-12
3.8 MT 320 ......................................................................................................................... 3-14

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3.9 MT 321 ..........................................................................................................................3-16

3.10 MT 330 ........................................................................................................................3-19
3.11 MT 340 ........................................................................................................................3-21
3.12 MT 341 ........................................................................................................................3-22
3.13 MT 350 ........................................................................................................................3-23
3.14 MT 360 ........................................................................................................................3-25
3.15 MT 361 ........................................................................................................................3-30
3.16 MT 362 ........................................................................................................................3-36
3.17 MT 364 ........................................................................................................................3-38
3.18 MT 365 ........................................................................................................................3-40
3.19 MT 380 ........................................................................................................................3-42
3.20 MT 381 ........................................................................................................................3-43
Chapter 4 MT 4xx Messages..................................................................................................................4-1
4.1 MT 400 ............................................................................................................................4-1
4.2 MT 405 ............................................................................................................................4-1
4.3 MT 410 ............................................................................................................................4-3
4.4 MT 412 ............................................................................................................................4-4
4.5 MT 416 ............................................................................................................................4-4
4.6 MT 420 ............................................................................................................................4-5
4.7 MT 422 ............................................................................................................................4-5
4.8 MT 430 ............................................................................................................................4-5
4.9 MT 450 ............................................................................................................................4-6
4.10 MT 455 ..........................................................................................................................4-6
4.11 MT 456 ..........................................................................................................................4-6
Chapter 5 MT 5xx Messages..................................................................................................................5-1
5.1 MT 500 Instruction to register.........................................................................................5-1
5.2 MT 501 Confirmation of registration or modification ....................................................5-6
5.3 MT 502 Order to Buy or Sell ........................................................................................5-12
5.4 MT 503 Collateral Claim...............................................................................................5-23
5.5 MT 504 Collateral Proposal ..........................................................................................5-27
5.6 MT 505 Collateral Substitution .....................................................................................5-34
5.7 MT 506 Collateral and Exposure Statement..................................................................5-42
5.8 MT 507 Collateral Status and Processing Advice .........................................................5-48
5.9 MT 508 Intra-Position Advice.......................................................................................5-52
5.10 MT 509 Trade Status Message ....................................................................................5-56
5.11 MT 510 Registration Status and Processing Advice ...................................................5-61
5.12 MT 513 Client Advice of Execution ...........................................................................5-63
5.13 MT 514 Trade Allocation Instruction..........................................................................5-75
5.14 MT 515 Client Confirmation of Purchase or Sale.......................................................5-87
5.15 MT 516 ........................................................................................................................5-99
5.16 MT 517 Trade Confirmation Affirmation .................................................................5-100
5.17 MT 518 Market-Side Securities Trade Confirmation................................................5-101
5.18 MT 519 Modification of Client Details.....................................................................5-112
5.19 MT 524 Intra-Position Instruction.............................................................................5-117
5.20 MT 526 ......................................................................................................................5-121
5.21 MT 527 Triparty Collateral Instruction .....................................................................5-122
5.22 MT 528 ETC Client-Side Settlement Instruction ......................................................5-125
5.23 MT 529 ETC Market-Side Settlement Instruction ....................................................5-136
5.24 MT 530 Transaction processing command (inserted) ...............................................5-147
5.25 MT 535 Statement of Holdings .................................................................................5-149
5.26 MT 536 Statement of Transactions ...........................................................................5-157
5.27 MT 537 Statement of Pending Transactions .............................................................5-162

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5.28 MT 538 Statement of Intra-Position Advices ........................................................... 5-172

5.29 MT 540 Receive Free ............................................................................................... 5-177
5.30 MT 541 Receive Against Payment ........................................................................... 5-188
5.31 MT 542 Deliver Free ................................................................................................ 5-199
5.32 MT 543 Deliver Against Payment ............................................................................ 5-209
5.33 MT 544 Receive Free Confirmation ......................................................................... 5-219
5.34 MT 545 Receive Against Payment Confirmation..................................................... 5-230
5.35 MT 546 Deliver Free Confirmation.......................................................................... 5-240
5.36 MT 547 Deliver Against Payment Confirmation...................................................... 5-250
5.37 MT 548 Settlement Status and Processing Advice ................................................... 5-261
5.38 MT 549 Request for Statement/Status Advice.......................................................... 5-266
5.39 MT 558 Triparty Collateral Status and processing Advice....................................... 5-270
5.40 MT 559 ..................................................................................................................... 5-274
5.41 MT 564 Corporate Action Notification .................................................................... 5-275
5.42 MT 565 Corporate Action Instruction ...................................................................... 5-300
5.43 MT 566 Corporate Action Confirmation .................................................................. 5-305
5.44 MT 567 Corporate Action Status and Processing Advice ........................................ 5-326
5.45 MT 568 Corporate Action Narrative......................................................................... 5-330
5.46 MT 569 Triparty Collateral and Exposure Statement............................................... 5-333
5.47 MT 574 IRS 1441 NRA / IRSLST ........................................................................... 5-338
5.48 MT 574 IRS 1441 NRA / W8BENO ........................................................................ 5-340
5.49 MT 575 Report of Combined Activity...................................................................... 5-343
5.50 MT 576 Statement of Open Orders........................................................................... 5-351
5.51 MT 577 ..................................................................................................................... 5-357
5.52 MT 578 Settlement Allegement................................................................................ 5-358
5.53 MT 579 ..................................................................................................................... 5-367
5.54 MT 581 ..................................................................................................................... 5-368
5.55 MT 582 ..................................................................................................................... 5-368
5.56 MT 584 Statement of ETC Pending Trades.............................................................. 5-369
5.57 MT 586 Statement of Settlement Allegements ......................................................... 5-384
5.58 MT 587 Depositary Receipt Instruction ................................................................... 5-394
5.59 MT 588 Depositary Receipt Confirmation ............................................................... 5-397
5.60 MT 589 Depositary Receipt Status and Processing Advice ..................................... 5-403
Chapter 6 MT 6xx Messages ................................................................................................................. 6-1
6.1 MT 600 ........................................................................................................................... 6-1
6.2 MT 601 ........................................................................................................................... 6-2
6.3 MT 604 ........................................................................................................................... 6-3
6.4 MT 605 ........................................................................................................................... 6-3
6.5 MT 606 ........................................................................................................................... 6-4
6.6 MT 607 ........................................................................................................................... 6-4
6.7 MT 608 ........................................................................................................................... 6-5
6.8 MT 609 ........................................................................................................................... 6-5
6.9 MT 643 ........................................................................................................................... 6-6
6.10 MT 644 ......................................................................................................................... 6-7
6.11 MT 645 ......................................................................................................................... 6-8
6.12 MT 646 ......................................................................................................................... 6-9
6.13 MT 649 ....................................................................................................................... 6-10
Chapter 7 MT 7xx Messages ................................................................................................................. 7-1
7.1 MT 700 ........................................................................................................................... 7-1
7.2 MT 701 ........................................................................................................................... 7-2
7.3 MT 705 ........................................................................................................................... 7-2
7.4 MT 707 ........................................................................................................................... 7-3

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7.5 MT 710 ............................................................................................................................7-4

7.6 MT 711 ............................................................................................................................7-5
7.7 MT 720 ............................................................................................................................7-5
7.8 MT 721 ............................................................................................................................7-6
7.9 MT 730 ............................................................................................................................7-7
7.10 MT 732 ..........................................................................................................................7-7
7.11 MT 734 ..........................................................................................................................7-7
7.12 MT 740 ..........................................................................................................................7-8
7.13 MT 742 ..........................................................................................................................7-8
7.14 MT 747 ..........................................................................................................................7-9
7.15 MT 750 ..........................................................................................................................7-9
7.16 MT 752 ..........................................................................................................................7-9
7.17 MT 754 ........................................................................................................................7-10
7.18 MT 756 ........................................................................................................................7-10
7.19 MT 760 ........................................................................................................................7-11
7.20 MT 767 ........................................................................................................................7-11
7.21 MT 768 ........................................................................................................................7-11
7.22 MT 769 ........................................................................................................................7-12
Chapter 8 MT 8xx Messages..................................................................................................................8-1
8.1 MT 800 ............................................................................................................................8-1
8.2 MT 801 ............................................................................................................................8-2
8.3 MT 802 ............................................................................................................................8-2
8.4 MT 810 ............................................................................................................................8-2
8.5 MT 812 ............................................................................................................................8-3
8.6 MT 813 ............................................................................................................................8-3
8.7 MT 820 ............................................................................................................................8-4
8.8 MT 821 ............................................................................................................................8-4
8.9 MT 822 ............................................................................................................................8-5
8.10 MT 823 ..........................................................................................................................8-5
8.11 MT 824 ..........................................................................................................................8-6
Chapter 9 MT 9xx Messages..................................................................................................................9-1
9.1 MT 900 ............................................................................................................................9-1
9.2 MT 910 ............................................................................................................................9-1
9.3 MT 920 ............................................................................................................................9-2
9.4 MT 935 ............................................................................................................................9-2
9.5 MT 940 ............................................................................................................................9-2
9.6 MT 941 ............................................................................................................................9-3
9.7 MT 942 ............................................................................................................................9-3
9.8 MT 950 ............................................................................................................................9-4
9.9 MT 960 ............................................................................................................................9-4
9.10 MT 961 ..........................................................................................................................9-4
9.11 MT 962 ..........................................................................................................................9-4
9.12 MT 963 ..........................................................................................................................9-5
9.13 MT 964 ..........................................................................................................................9-5
9.14 MT 965 ..........................................................................................................................9-5
9.15 MT 966 ..........................................................................................................................9-5
9.16 MT 967 ..........................................................................................................................9-5
9.17 MT 970 ..........................................................................................................................9-6
9.18 MT 971 ..........................................................................................................................9-6
9.19 MT 972 ..........................................................................................................................9-6
9.20 MT 973 ..........................................................................................................................9-7
9.21 MT 985 ..........................................................................................................................9-7

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9.22 MT 986 ......................................................................................................................... 9-7

Chapter 10 MT n9x Messages ............................................................................................................. 10-1
10.1 MT n90 ....................................................................................................................... 10-1
10.2 MT n91 ....................................................................................................................... 10-1
10.3 MT n92 ....................................................................................................................... 10-2
10.4 MT n95 ....................................................................................................................... 10-3
10.4.1 MT n95 (cat 1 & 2) ............................................................................................ 10-3
10.4.2 MT n95 (cat 3 to 9) ............................................................................................ 10-4
10.5 MT n96 ....................................................................................................................... 10-5
10.6 MT n98 ....................................................................................................................... 10-5
10.7 MT n99 ....................................................................................................................... 10-6
10.7.1 MT n99 (cat 1 & 2) ............................................................................................ 10-6
10.7.2 MT n99 (cat 3 to 9) ............................................................................................ 10-6

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