SWIFT ISO 20022 - Message description - Alternative Funds Redemption Order Confirmation (setr.062.001)

Scope

An executing party, for example, a transfer agent or administrator, sends the AlternativeFundsRedemptionOrderConfirmation message to the instructing party, for example, an investment manager, custodian or its authorised representative to confirm the details of execution of a previously received AlternativeFundsRedemptionOrder instruction.

There may be one or more parties between the executing party and the instructing party.

Usage

The AlternativeFundsRedemptionOrderConfirmation message is used to confirm the execution of a redemption order.

AltrntvFndsRedOrdrConf