SWIFT ISO 20022 - Message description - Standing Settlement Instruction Status Advice (reda.058.001)
Description
Scope
The receiver of a StandingSettlementInstruction message sends the StandingSettlementInstructionStatusAdvice message to the instructing party (sender of the StandingSettlementInstruction message) to provide the status of a previously received StandingSettlementInstruction, StandingSettlementInstructionCancellation or StandingSettlementInstructionDeletion message.
Usage
The StandingSettlementInstructionStatusAdvice message is used to report one of the following statuses:
- a received status, or,
- an accepted status, or,
- a rejected status, or,
- a pending processing status, or,
- a proprietary status.
XML tag
StgSttlmInstrStsAdvc