ISO 15022 Data Field Dictionary

Note

The use of this message type requires Message User Group (MUG) registration.

MT381 Scope

This message type is sent:

  • by a custodian bank to a fund manager to confirm the execution of an FX Order previously sent by the fund manager

  • by a sub custodian to a custodian bank when the fund account's custodian uses a sub custodian in the local market to execute the foreign exchange order received from a fund manager

This message type is used as:

  • a foreign exchange confirmation of an MT541/3 message

  • a foreign exchange confirmation of multiple MT541/3 messages

  • a foreign exchange confirmation of a combination of multiple MT380 and MT541/3 messages

It may also be used to:

  • cancel a previously sent foreign exchange order confirmation

  • duplicate a foreign exchange order confirmation sent by other means, for example, fax or telex

  • provide a third party with a copy of the message being sent

MT381 Format Specifications

Status Tag Qualifier Generic Field Name Detailed Field Name Content/Options No.

Mandatory Sequence A General Information

M

16R

 

 

Start of Block

GENL

1

M

20C

SEME

Reference

Sender's Message Reference

:4!c//16x

2

M

23G

 

 

Function of the Message

4!c[/4!c]

3

O

22H

FXTR

Indicator

FX Order Transaction Type Indicator

:4!c//4!c

4

-----> Optional Repetitive Subsequence A1 Linkages

M

16R

 

 

Start of Block

LINK

5

O

13a

LINK

Number Identification

Linked Message

A or B

6

M

20C

4!c

Reference

(see qualifier description)

:4!c//16x

7

M

16S

 

 

End of Block

LINK

8

-----| End of Subsequence A1 Linkages

M

16S

 

 

End of Block

GENL

9

End of Sequence A General Information

Mandatory Sequence B FX Order Details

M

16R

 

 

Start of Block

FXORDER

10

----->

M

98a

4!c

Date/Time

(see qualifier description)

A or C

11

-----|

----->

M

19B

4!c

Amount

(see qualifier description)

:4!c//3!a15d

12

-----|

M

92B

EXCH

Rate

Exchange Rate

:4!c//3!a/3!a/15d

13

O

94C

COUN

Payment Clearing Centre

Country

:4!c//2!a

14

Mandatory Subsequence B1 FX Order Party

M

16R

 

 

Start of Block

ORDRPRTY

15

O

95a

INVE

Party

Investor

P, Q, or R

16

M

97A

SAFE

Account

Safekeeping Account

:4!c//35x

17

M

16S

 

 

End of Block

ORDRPRTY

18

End of Subsequence B1 FX Order Party

Optional Subsequence B2 Reason

M

16R

 

 

Start of Block

REAS

19

M

24B

REAS

Reason Code

Transaction Reason Code

:4!c/[8c]/4!c

20

O

70D

REAS

Narrative

Transaction Reason Narrative

:4!c//6*35x

21

M

16S

 

 

End of Block

REAS

22

End of Subsequence B2 Reason

M

16S

 

 

End of Block

FXORDER

23

End of Sequence B FX Order Details

Optional Sequence C Underlying Transaction Details

M

16R

 

 

Start of Block

UNDE

24

O

35B

 

 

Identification of the Financial Instrument

[ISIN1!e12!c]
[4*35x]

25

O

36B

ESTT

Quantity of Financial Instrument

Quantity of Financial Instrument Settled

:4!c//4!c/15d

26

O

22F

AGRE

Indicator

Agreement Indicator

:4!c/[8c]/4!c

27

O

70E

TRDE

Narrative

Transaction Details Narrative

:4!c//10*35x

28

M

16S

 

 

End of Block

UNDE

29

End of Sequence C Underlying Transaction Details

MT381 Network Validated Rules

  • C1 If the message is a cancellation, that is, field 23G is CANC, then subsequence A1 must be present at least once, and a reference to the previous message must be specified in the Linkage section, that is, field :20C::PREV must be present at least once in that message.

    Sequence A

    if field :23G: is ...

    Then subsequence A1 is ...

    Subsequence A1

    and field :20C::PREV is ...

    CANC

    Mandatory (at least one occurrence)

    Mandatory (at least one occurrence) (1)

    Not CANC

    Optional

    Optional

    (1) It does not need to be present in all occurrences of A1
  • C2 In sequence C, fields 16R and 16S may not be the only fields present. If both fields 16R and 16S are present, then at least one other field of the same sequence must be present.

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