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SWIFT ISO 15022 - Code OUTS

Meaning

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

Usages

Message type
Field number
Tag
MT670
(Standing Settlement Instruction Update Notification Request)
21
22F (Indicator)
MT671
(Standing Settlement Instruction Update Notification)
16
22F (Indicator)