SWIFT ISO15022 Standard
Detail view for message MT578 - Settlement Allegement
Purpose of the message MT578
Advises the account owner that a counterparty has alleged a settlement instruction on the account owner's account
Scope of the message MT578
This message is sent by an account servicer (account servicing institution) to an account owner or its designated agent. The account servicer may be a local agent (sub-custodian) acting on behalf of their global custodian customer, or a custodian acting on behalf of an investment management institution or a broker/dealer.
This message is used to advise the account owner that a counterparty has alleged an instruction against account owner's account at the account servicer and the account servicer could not find the corresponding instruction of the account owner (the function of the message is NEWM).
Structure of the message MT578
Sequence A - General information [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
1
16R
Start of Block
M
2
20C
Reference: Sender's Message Reference
M
3
23G
Function of the Message
M
4
98a
A
Date/Time: Preparation Date/Time
O
C
E
Sequence A1 - Linkages [ optional, repetitive ]
No.
Tag
Option
Name
Status
5
16R
Start of Block
M
6
22F
Indicator: Linkage Type Indicator
O
7
13a
A
Number Identification: Linked Message
O
B
8
20C
Reference
M
9
16S
End of Block
M
10
16S
End of Block
M
Sequence B - Trade Details [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
11
16R
Start of Block
M
12
94a
B
Place
O
H
L
13
98a
A
Date/Time
M
B
C
14
90a
A
Price: Deal Price
O
B
15
99A
Number Count: Number of Days Accrued
O
16
35B
Identification of the Financial Instrument
M
Sequence B1 - Financial Instrument Attributes [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
17
16R
Start of Block
M
18
94B
Place: Place of Listing
O
19
22F
Indicator
O
20
12a
A
Type of Financial Instrument
O
B
C
21
11A
Currency: Currency of Denomination
O
22
98A
Date
O
23
92A
Rate
O
24
13a
A
Number Identification
O
B
25
17B
Flag
O
26
90a
A
Price
O
B
27
36B
Quantity of Financial Instrument
O
28
35B
Identification of the Financial Instrument
O
29
70E
Narrative: Financial Instrument Attribute Narrative
O
30
16S
End of Block
M
31
22a
F
Indicator
M
H
32
16S
End of Block
M
Sequence C - Financial Instrument/Account [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
33
16R
Start of Block
M
34
36B
Quantity of Financial Instrument: Quantity of Financial Instrument to be Settled
M
35
70D
Narrative: Denomination Choice
O
36
95a
L
Party
O
P
R
37
97a
A
Account
M
B
E
38
94a
B
Place: Place of Safekeeping
O
C
F
L
Sequence C1 - Quantity Breakdown [ optional, repetitive ]
No.
Tag
Option
Name
Status
39
16R
Start of Block
M
40
13B
Number Identification: Lot Number
O
41
36B
Quantity of Financial Instrument: Quantity of Financial Instrument In The Lot
O
42
98a
A
Date/Time: Lot Date/Time
O
C
E
43
90a
A
Price: Book/Lot Price
O
B
44
22F
Indicator: Type of Price Indicator
O
45
16S
End of Block
M
46
16S
End of Block
M
Sequence D - Two Leg Transaction Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
47
16R
Start of Block
M
48
98a
A
Date/Time: Closing Date/Time
O
B
C
49
22F
Indicator
O
50
20C
Reference
O
51
92a
A
Rate
O
C
52
99B
Number Count: Transaction Call Delay
O
53
19A
Amount
O
54
70C
Narrative: Second Leg Narrative
O
55
16S
End of Block
M
Sequence E - Settlement Details [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
56
16R
Start of Block
M
57
22F
Indicator
M
Sequence E1 - Settlement Parties [ mandatory, repetitive ]
No.
Tag
Option
Name
Status
58
16R
Start of Block
M
59
95a
C
Party
M
L
P
Q
R
S
60
97a
A
Account: Safekeeping Account
C
B
61
98a
A
Date/Time: Processing Date/Time
O
C
62
20C
Reference: Processing Reference
O
63
70a
C
Narrative
O
D
E
64
16S
End of Block
M
Sequence E2 - Cash Parties [ optional, repetitive ]
No.
Tag
Option
Name
Status
65
16R
Start of Block
M
66
95a
L
Party
M
P
Q
R
S
67
97a
A
Account
O
E
68
70a
C
Narrative
O
E
69
16S
End of Block
M
Sequence E3 - Amount [ optional, repetitive ]
No.
Tag
Option
Name
Status
70
16R
Start of Block
M
71
19A
Amount
M
72
98a
A
Date/Time: Value Date/Time
C
C
73
92B
Rate: Exchange Rate
O
74
16S
End of Block
M
75
16S
End of Block
M
Sequence F - Additional Information [ optional, repetitive ]
No.
Tag
Option
Name
Status
76
16R
Start of Block
M
77
95a
C
Party
O
P
L
Q
R
78
16S
End of Block
M