Standard SWIFT ISO15022
Vue de détail du message MT671 -

Utilisation du message MT671

Specifies standing settlement instructions for one or more currencies.

Scope du message MT671

The MT 671 Standing Settlement Instruction (SSI) Update Notification message is sent by SWIFT to an institution as a result of receiving an MT 670 Standing Settlement Instruction Update Notification Request. The MT 671 is created from the corresponding MT 670. The MT 671 is a notification of an SSI update from the party identified in the message as the Submitting Party to:

one or more institutions or
all institutions in one or more countries or
all institutions.

The MT 671 specifies standing cash settlement information for the account of the Submitting Party or on behalf of another party. The party and account information in the SSI is then used in FX confirmations, payments messages, etc.

Structure du message MT671

Séquence A - General information [ obligatoire, non répétitive ]

No.

Tag

Option

Nom

Statut

16R

20C

Définition

This qualified generic field specifies:

SEME

Sender's Message Reference

Reference assigned by the Sender of the MT 670 to unambiguously identify the message.

Format

Qualificateur

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	O	PACO	N		C	Sender's Message Reference

23G

Séquence A1 - Linkages [ facultative, répétitive ]

No.

Tag

Option

Nom

Statut

16R

20C

Définition

This qualified generic field specifies:

PREV	Previous Message Reference	Message reference of a previously sent SSI update notification.
RELA	Related Message Reference	Message reference of the linked message which was previously received.

Format

Qualificateurs (2)

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	O	NOMI	N		C	Related Message Reference
	O	MCTD	N		C	Previous Message Reference

16S

95a

Définition

This qualified generic field specifies:

CONT	Contact Person	Person at the institution that sends the SSI update notification to be contacted if there should be problems with the SSI.
SUBM	Submitting Party	Party that is the Sender of the SSI update notification. In many situations this party is also the beneficiary.
TRAD	Trade Party	Trade party, when different from the party identified as the submitting party and the beneficiary. In some cases, this may be the fund manager.

In option P, Identifier Code specifies a BIC. For more details see the Standards MT General Information.

Format

Qualificateurs (3)

Ordre	O/F	Qualificateur	R/N	Options	Signification
1	O	PRCO	N	P	Submitting Party
2	F	CHAR	R	Q	Contact Person
3	F	PTYB	R	P, Q	Trade Party

22F

Définition

This qualified generic field specifies:

UDTP

SSI Update Type

Specifies the type of SSI update notification.

Format

Qualificateur

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	O	REDM	N		F	SSI Update Type

Codes

If Data Source Scheme is not present, Indicator must contain the following code:

Code

Signification du code

Cash Parties

97A

Définition

This qualified generic field specifies:

SAFE

Safekeeping Account

Master account of the currency accounts within the SSI update notification.

Format

Qualificateur

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	F	OVEP	N		A	Safekeeping Account

16S

Séquence B - Standing Settlement Instruction Details [ obligatoire, répétitive ]

No.

Tag

Option

Nom

Statut

16R

22H

Définition

This qualified generic field specifies:

SSIP

SSI Purpose

Specifies the purpose of the individual SSI.

Format

Qualificateur

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	O	PFRE	N		H	SSI Purpose

Codes

Indicator must contain one of the following codes:

Code

Signification du code

New: Individual SSI is new.

Re-confirmation: Individual SSI is re-confirmed.

20C

Définition

This qualified generic field specifies:

SSIR

SSI Reference

Reference of the individual SSI.

Format

Qualificateur

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	F	PFRE	N		C	SSI Reference

11A

Définition

This qualified generic field specifies:

SETT

SSI Currency

Currency for which the SSI update is specified.

Format

Qualificateur

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	O	PAIR	N		A	SSI Currency

98A

Définition

This qualified generic field specifies:

EFFD

Effective Date

Date on which the SSI update is to be effected. Date may be further qualified by Effective Date Indicator.

Format

Qualificateur

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	O	COUP	N		A	Effective Date

22F

Définition

This qualified generic field specifies:

EFFD	Effective Date Indicator	Specifies how the SSI update is to be applied.
MARK	Market Area Indicator	Specifies the market to which the SSI relates.

Format

Qualificateurs (2)

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	F	COUP	R		F	Effective Date Indicator
2	O	FRNR	R		F	Market Area Indicator

Codes

If Qualifier is EFFD and Data Source Scheme is not present, Indicator must contain one of the following codes:

Code

Signification du code

Future: SSI update is to be applied to future trades.

Outstanding Trade: SSI update is effective for all trades settling on and after effective date irrespective of trade date.

Reconfirmation: SSI update is effective for all trades settling on and after effective date irrespective of trade date and they need to be reconfirmed.

Settlement Date: SSI update is effective on the settlement date.

Trade Date: SSI update is effective for all trades booked on and after effective date.

If Qualifier is MARK and Data Source Scheme is not present, Indicator must contain one of the following codes:

Code

Signification du code

Any: Any market area.

Cash: Bank to bank cash movements.

Collections

Commodities: Precious metals and other commodities such as palm oil.

Commercial Payments: Payment in which one of the parties is not a financial institution.

Derivatives: Futures contracts, options, forward contracts, swaps, etc.

Documentary Credits: Documentary credits.

Foreign Exchange

Guarantees

Letters of Credit: Letters of credit.

Loans: Loans and deposits.

Money Markets: Loans and deposits.

Non Deliverable Forward: FX forward trade for which only balance is settled.

Options: FX Options, swapoptions, etc.

Securities: Bonds, equities, futures.

Trade Finance: Documentary credits, collections, guarantees, letters of credit.

Treasury: Cash management activities.

Séquence B1 - Cash Parties [ obligatoire, répétitive ]

No.

Tag

Option

Nom

Statut

16R

95a

Définition

This qualified generic field specifies:

ACCW	Account With Institution	Financial institution that services the cash account of the beneficiary. Also known as receiving agent. Party where the payment amount must be ultimately delivered on behalf of the beneficiary, that is, the party where the beneficiary has its account.
ALTE	Alternate ID	Alternate identification of the party.
BENM	Beneficiary	Party to which the payment amount must be ultimately delivered. In some cases, this may be a Fund.
INT1	Intermediary	Intermediary party.
INT2	Second Intermediary	Second intermediary.

In option P, Identifier Code specifies a BIC. For more details, see the Standards MT General Information.
In option R, Data Source Scheme represents a clearing system. Proprietary Code specifies a local national code identifying the party at that clearing system.
In option S:

Type of ID specifies the type of alternate identification that can be used to give an alternate identification of the party identified in this sequence.
Country Code specifies the country for which the alternate identification is relevant.
Alternate ID specifies an alternate identification of the party identified in this sequence.

Format

Qualificateurs (5)

Ordre	O/F	Qualificateur	R/N	Options	Signification
1	O	ACCW	R	P, Q, R	Account With Institution
	O	AUTA	R	P, Q, R	Beneficiary
	O	EREG	R	P, Q, R	Intermediary
	O	ERFE	R	P, Q, R	Second Intermediary
2	F	AGRE	R	S	Alternate ID

Codes

In option S, if Qualifier is ALTE and Data Source Scheme is not present, Type of ID must contain one of the following codes:

Code

Signification du code

Cash Parties

97A

Définition

This qualified generic field specifies:

CASH

Cash Account

Account in which cash is maintained.

Format

Qualificateur

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	F	BRKR	N		A	Cash Account

16S

Séquence B2 - Other Details [ facultative, non répétitive ]

No.

Tag

Option

Nom

Statut

16R

70E

Définition

This qualified generic field specifies:

ADTX

Additional Text Narrative

Provides additional information regarding the SSI update.

Format

Qualificateur

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	F	ADMT	R		E	Additional Text Narrative

22F

Définition

This qualified generic field specifies:

PMTH

Payment Method Indicator

Specifies what kind of payment method is permitted.

Format

Qualificateur

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	F	MAGV	N		F	Payment Method Indicator

Codes

If Data Source Scheme is not present, Indicator must contain the following code:

Code

Signification du code

Cash Parties

16S

Séquence C - Other Details [ facultative, non répétitive ]

No.

Tag

Option

Nom

Statut

16R

70E

Définition

This qualified generic field specifies:

ADTX

Additional Text Narrative

Provides additional information regarding the SSI update.

Format

Qualificateur

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	F	ADMT	R		E	Additional Text Narrative

22F

Définition

This qualified generic field specifies:

PMTH

Payment Method Indicator

Specifies what kind of payment method is permitted.

Format

Qualificateur

Ordre	O/F	Qualificateur	R/N	CR	Options	Signification
1	F	MAGV	N		F	Payment Method Indicator

Codes

If Data Source Scheme is not present, Indicator must contain the following code:

Code

Signification du code

Cash Parties

16S

◄ MT670 - Standing Settlement Instruction Update Notification Request

MT690 - Avis de charges, intérêts et autres ajustements ►

Option P	:4!c//4!a2!a2!c[3!c]	(Qualifier)(Identifier Code)
Option Q	:4!c//4*35x	(Qualifier)(Name and Address)

Option P	:4!c//4!a2!a2!c[3!c]	(Qualifier)(Identifier Code)
Option Q	:4!c//4*35x	(Qualifier)(Name and Address)
Option R	:4!c/8c/34x	(Qualifier)(Data Source Scheme)(Proprietary Code)
Option S	:4!c/[8c]/4!c/2!a/30x	(Qualifier)(Data Source Scheme)(Type of ID)(Country Code)(Alternate ID)

Standard SWIFT ISO15022Vue de détail du message MT671 -

Utilisation du message MT671

Scope du message MT671

Structure du message MT671

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Qualificateurs (5)

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Standard SWIFT ISO15022
Vue de détail du message MT671 -