ISO 15022 Data Field Dictionary

Note

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

MT575 Scope

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 intended to provide a summary of all cash and securities activity:

  • for a given safekeeping account linked to one cash account (maintaining separate cash sub-accounts by currency), or

  • for a given safekeeping account linked to multiple cash accounts (maintaining separate cash sub-accounts by currency), or

  • for a given cash account (maintaining separate cash sub-accounts by currency) linked to multiple safekeeping accounts.

The transaction activity contained in the report includes all transactions which have been settled or booked to the safekeeping account(s) for a specified period. Booked transactions are those that have been contractually posted (including those that may not have yet settled in the local market) and have affected the portfolios cash position. This report must not include pending transactions in the receivable or payable ledgers nor may it include settled transactions that have a future settlement date; pending transactions are included in the MT 537 Statement of Pending Transactions.

The report lists all activities by currency. So called, 'free' asset movement, for example, dividends in the form of securities, must appear in the free asset movement sequence.

All currencies for which there was an activity must also be reported. When there are no activities to be reported, the activity flag, in sequence A must be used. In sequence B, a separate activity flag can be used per cash account (where multiple cash accounts are linked to one safekeeping account).

The frequency of the report must be bilaterally agreed between the account servicer and the account owner.

The message may be used to respond to a request for statement, that is, the MT 549 Request for Statement/Status Advice.

MT575 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

28E

 

 

Page Number/Continuation Indicator

5n/4!c

2

O

13A

STAT

Number Identification

Statement Number

:4!c//3!c

3

M

20C

SEME

Reference

Sender's Message Reference

:4!c//16x

4

M

23G

 

 

Function of the Message

4!c[/4!c]

5

O

98a

PREP

Date/Time

Preparation Date/Time

A, C, or E

6

M

69a

STAT

Period

Statement Period

A or B

7

----->

O

22F

4!c

Indicator

(see qualifier description)

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

8

-----|

-----> Optional Repetitive Subsequence A1 Linkages

M

16R

 

 

Start of Block

LINK

9

O

13a

LINK

Number Identification

Linked Message

A or B

10

M

20C

4!c

Reference

(see qualifier description)

:4!c//16x

11

M

16S

 

 

End of Block

LINK

12

-----| End of Subsequence A1 Linkages

----->

O

95a

4!c

Party

(see qualifier description)

L, P, or R

13

-----|

O

97a

SAFE

Account

Safekeeping Account

A or B

14

M

17B

ACTI

Flag

Activity Flag

:4!c//1!a

15

M

16S

 

 

End of Block

GENL

16

End of Sequence A General Information

-----> Optional Repetitive Sequence B Cash Account Activity

M

16R

 

 

Start of Block

CASHACCT

17

----->

O

95a

4!c

Party

(see qualifier description)

L, P, or R

18

-----|

M

97a

CASH

Account

Cash Account

A or E

19

-----> Mandatory Repetitive Subsequence B1 Activity Information Per Currency

M

16R

 

 

Start of Block

ACTCURR

20

M

11A

ACCT

Currency

Currency of Account

:4!c//3!a

21

M

17B

ACTI

Flag

Activity Flag

:4!c//1!a

22

----->

M

93D

4!c

Balance

(see qualifier description)

:4!c//[N]15d

23

-----|

-----> Optional Repetitive Subsequence B1a Activity Information Per Transaction

M

16R

 

 

Start of Block

ACTINFO

24

-----> Mandatory Repetitive Subsequence B1a1 Linkages

M

16R

 

 

Start of Block

LINK

25

O

13a

LINK

Number Identification

Linked Message

A or B

26

M

20C

4!c

Reference

(see qualifier description)

:4!c//16x

27

M

16S

 

 

End of Block

LINK

28

-----| End of Subsequence B1a1 Linkages

Optional Subsequence B1a2 Cash Only Movement Details

M

16R

 

 

Start of Block

CASHDET

29

M

19A

PSTA

Amount

Posting Amount

:4!c//[N]3!a15d

30

O

36B

UNDL

Quantity of Financial Instrument

Underlying Quantity

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

31

O

35B

 

 

Identification of the Financial Instrument

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

32

----->

M

22a

4!c

Indicator

(see qualifier description)

F or H

33

-----|

M

98a

ESET

Date/Time

Effective Settlement Date/Time

A, B, or C

34

O

70E

TRDE

Narrative

Transaction Details Narrative

:4!c//10*35x

35

M

16S

 

 

End of Block

CASHDET

36

End of Subsequence B1a2 Cash Only Movement Details

Optional Subsequence B1a3 Cash and Securities Movement Details

M

16R

 

 

Start of Block

CASHSECDET

37

O

97a

SAFE

Account

Safekeeping Account

A or B

38

----->

M

19A

4!c

Amount

(see qualifier description)

:4!c//[N]3!a15d

39

-----|

M

36B

PSTA

Quantity of Financial Instrument

Posting Quantity

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

40

O

99A

DAAC

Number Count

Number of Days Accrued

:4!c//[N]3!n

41

M

35B

 

 

Identification of the Financial Instrument

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

42

----->

M

22a

4!c

Indicator

(see qualifier description)

F or H

43

-----|

----->

M

98a

4!c

Date/Time

(see qualifier description)

A, B, or C

44

-----|

O

25D

MOVE

Status Code

Movement Status

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

45

O

70E

TRDE

Narrative

Transaction Details Narrative

:4!c//10*35x

46

M

16S

 

 

End of Block

CASHSECDET

47

End of Subsequence B1a3 Cash and Securities Movement Details

-----> Optional Repetitive Subsequence B1a4 Settlement Parties

M

16R

 

 

Start of Block

SETPRTY

48

----->

M

95a

4!c

Party

(see qualifier description)

C, L, P, Q, or R

49

-----|

O

97a

SAFE

Account

Safekeeping Account

A or B

50

M

16S

 

 

End of Block

SETPRTY

51

-----| End of Subsequence B1a4 Settlement Parties

M

16S

 

 

End of Block

ACTINFO

52

-----| End of Subsequence B1a Activity Information Per Transaction

M

16S

 

 

End of Block

ACTCURR

53

-----| End of Subsequence B1 Activity Information Per Currency

M

16S

 

 

End of Block

CASHACCT

54

-----| End of Sequence B Cash Account Activity

-----> Optional Repetitive Sequence C Free Asset Activity

M

16R

 

 

Start of Block

FREEASS

55

-----> Mandatory Repetitive Subsequence C1 Linkages

M

16R

 

 

Start of Block

LINK

56

O

13a

LINK

Number Identification

Linked Message

A or B

57

M

20C

4!c

Reference

(see qualifier description)

:4!c//16x

58

M

16S

 

 

End of Block

LINK

59

-----| End of Subsequence C1 Linkages

Optional Subsequence C2 Transaction Details

M

16R

 

 

Start of Block

TRANSDET

60

----->

O

95a

4!c

Party

(see qualifier description)

L, P, or R

61

-----|

O

97a

SAFE

Account

Safekeeping Account

A or B

62

M

36B

PSTA

Quantity of Financial Instrument

Posting Quantity

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

63

O

99A

DAAC

Number Count

Number of Days Accrued

:4!c//[N]3!n

64

M

35B

 

 

Identification of the Financial Instrument

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

65

----->

M

22a

4!c

Indicator

(see qualifier description)

F or H

66

-----|

----->

M

98a

4!c

Date/Time

(see qualifier description)

A, B, or C

67

-----|

O

25D

MOVE

Status Code

Movement Status

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

68

O

70E

TRDE

Narrative

Transaction Details Narrative

:4!c//10*35x

69

-----> Optional Repetitive Subsequence C2a Settlement Parties

M

16R

 

 

Start of Block

SETPRTY

70

----->

M

95a

4!c

Party

(see qualifier description)

C, L, P, Q, or R

71

-----|

O

97a

SAFE

Account

Safekeeping Account

A or B

72

M

16S

 

 

End of Block

SETPRTY

73

-----| End of Subsequence C2a Settlement Parties

M

16S

 

 

End of Block

TRANSDET

74

End of Subsequence C2 Transaction Details

M

16S

 

 

End of Block

FREEASS

75

-----| End of Sequence C Free Asset Activity

Optional Sequence D Additional Information

M

16R

 

 

Start of Block

ADDINFO

76

----->

O

95a

4!c

Party

(see qualifier description)

P, Q, or R

77

-----|

M

16S

 

 

End of Block

ADDINFO

78

End of Sequence D Additional Information

MT575 Network Validated Rules

  • C1 If the Activity Flag (field :17B::ACTI) in sequence A General Information indicates no information to be reported, that is, N, then sequence B Cash Account Activity and sequence C Free Asset Activity must not be present. Sequence B Cash Account Activity and sequence C Free Asset Activity are otherwise optional.

    Sequence A

    if field :17B::ACTI is ...

    Sequence B is ...

    Sequence C is ...

    N

    Not allowed

    Not allowed

    Y

    Optional

    Optional

  • C2 Within each occurrence of subsequence B1 Activity Information Per Currency, if the Activity Flag (field :17B::ACTI) indicates no information to be reported, that is, N, then subsequence B1a Activity Information Per Transaction within that subsequence B1 is not allowed. If field 17B::ACTI is equal to 'Y', then subsequence B1a Activity Information Per Transaction is mandatory..

    Subsequence B1

    if field :17B::ACTI is ...

    Subsequence B1a is ...

    N

    Not allowed

    Y

    Mandatory (that is minimum once)

  • C3 Within subsequence B1a Activity Information per Transaction, subsequence B1a2 Cash Only Movement Details and subsequence B1a3 Cash and Securities Movement Details are mutually exclusive.

    If subsequence B1a2 is ...

    Then subsequence B1a3 is ...

    Present

    Not allowed

    Not present

    Mandatory

  • C4 The following party fields cannot appear more than once in the same occurrence of subsequence B1a:

    Subsequence B1a4

    :95a::BUYR

    :95a::DEAG

    :95a::DECU

    :95a::DEI1

    :95a::DEI2

    :95a::PSET

    :95a::REAG

    :95a::RECU

    :95a::REI1

    :95a::REI2

    :95a::SELL

  • C5 If a qualifier from the list Deliverers is present in a subsequence B1a4, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Deliverers (see below) must be present.

    In other words, in subsequence B1a, the following scenarios must be validated:

    • If :95a::DEI2 is present in subsequence B1a4, then :95a::DEI1 must be present in another subsequence B1a4.

    • If :95a::DEI1 is present in subsequence B1a4, then :95a::DECU must be present in another subsequence B1a4.

    • If :95a::DECU is present in subsequence B1a4, then :95a::SELL must be present in another subsequence B1a4.

    If a qualifier from the list Receivers is present in a subsequence B1a4, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Receivers (see below) must be present.

    In other words, in subsequence B1a, the following scenarios must be validated:

    • If :95a::REI2 is present in subsequence B1a4, then :95a::REI1 must be present in another subsequence B1a4.

    • If :95a::REI1 is present in subsequence B1a4, then :95a::RECU must be present in another subsequence B1a4.

    • If :95a::RECU is present in subsequence B1a4, then :95a::BUYR must be present in another subsequence B1a4.

    Deliverers

    Receivers

    DEI2

    Deliverer's Intermediary 2

    REI2

    Receiver's Intermediary 2

    DEI1

    Deliverer's Intermediary 1

    REI1

    Receiver's Intermediary 1

    DECU

    Deliverer's Custodian

    RECU

    Receiver's Custodian

    SELL

    Seller (Deliverer)

    BUYR

    Buyer (Receiver)

  • C6 The following party fields cannot appear more than once in the same occurrence of subsequence C2:

    Subsequence C2a

    :95a::BUYR

    :95a::DEAG

    :95a::DECU

    :95a::DEI1

    :95a::DEI2

    :95a::PSET

    :95a::REAG

    :95a::RECU

    :95a::REI1

    :95a::REI2

    :95a::SELL

  • C7 If a qualifier from the list Deliverers is present in a subsequence C2a, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Deliverers (see below) must be present.

    In other words, in subsequence C2, the following scenarios must be validated:

    • If :95a::DEI2 is present in subsequence C2a, then :95a::DEI1 must be present in another subsequence C2a.

    • If :95a::DEI1 is present in subsequence C2a, then :95a::DECU must be present in another subsequence C2a.

    • If :95a::DECU is present in subsequence C2a, then :95a::SELL must be present in another subsequence C2a.

    If a qualifier from the list Receivers is present in a subsequence C2a, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Receivers (see below) must be present.

    In other words, in subsequence C2, the following scenarios must be validated:

    • If :95a::REI2 is present in subsequence C2a, then :95a::REI1 must be present in another subsequence C2a.

    • If :95a::REI1 is present in subsequence C2a, then :95a::RECU must be present in another subsequence C2a.

    • If :95a::RECU is present in subsequence C2a, then :95a::BUYR must be present in another subsequence C2a.

    Deliverers

    Receivers

    DEI2

    Deliverer's Intermediary 2

    REI2

    Receiver's Intermediary 2

    DEI1

    Deliverer's Intermediary 1

    REI1

    Receiver's Intermediary 1

    DECU

    Deliverer's Custodian

    RECU

    Receiver's Custodian

    SELL

    Seller (Deliverer)

    BUYR

    Buyer (Receiver)

  • C8 If the message is a cancellation, that is, Function of the Message (field 23G) is CANC, then subsequence A1 (Linkages) must be present at least once in the message, and in one and only one occurrence of A1, field :20C::PREV must be present; consequently, in all other occurrences of A1, field :20C::PREV is not allowed.

    Sequence A

    if field :23G: is ...

    Then subsequence A1 is ...

    And field :20C::PREV is ...

    CANC

    Mandatory (minimum one occurrence of A1 must be present)

    Mandatory in one occurrence of subsequence A1, and not allowed in all other occurrences of subsequence A1

    NEWM

    Optional

    Not applicable

  • C9 In subsequence B1a4, if field :95a::PSET is present, then field :97a::SAFE is not allowed in the same subsequence.

    Subsequence B1a4

    if field :95a::PSET is ...

    Subsequence B1a4

    then field :97a::SAFE is ...

    Present

    Not allowed within the same occurrence

    Not present

    Optional

  • C10 In subsequence C2a, if field :95a::PSET is present, then field :97a::SAFE is not allowed in the same subsequence.

    Subsequence C2a

    if field :95a::PSET is ...

    Subsequence C2a

    then field :97a::SAFE is ...

    Present

    Not allowed within the same occurrence

    Not present

    Optional

  • C11 In sequence A, if field :95L::ALTE is present, then field :95a::ACOW must be present.

    In each occurrence of sequence B, if field :95L::ALTE is present, then field :95a::ACOW must be present.

    In subsequence C2, if field :95L::ALTE is present, then field :95a::ACOW must be present.

MT575 Usage Rules

  • This report is used by the account servicer to report on all settled or booked transactions including affected cash and free movements.

  • In responding to a request for statement, the MT 549, and where the report is being sent outside the agreed on frequency, the linkage sequence must contain the reference to the MT 549 previously sent by the account owner.

  • Where the statement period contains only free asset movements, the opening and closing cash balances will be the same.

  • Where the report covers a single day's activities, the to and from dates in the statement period will be identical.

  • Where there is no activity in a currency, the opening and closing balances must be present and be equal. Where there is no activity in the account for the period for all currencies, each currency must be reported as having an opening and closing balance of the same amount.

  • Where a 'free' transaction is listed, the free asset activity sequence must be used. The following types of transactions must be identified in the following sequences:

    Types of transaction:

    Sequence:

    Deliver Versus Payment

    Cash and Securities Movement Details sequence

    Receive Versus Payment

    Cash and Securities Movement Details sequence

    Free Asset Delivery

    Free Asset Movement sequence

    Free Asset Receipt

    Free Asset Movement sequence

    Securities Income (corporate action-transactions) cash and securities involved

    Cash and Securities Movement Details sequence

    Securities Income (corporate action-transactions) no cash involved

    Free Asset Movement sequence

    Securities Income (corporate action-transactions) only cash involved

    Cash Only Movement Details sequence

    Cash Credit

    Cash Only Movement Details sequence

    Cash Debit

    Cash Only Movement Details sequence

  • The specification of the cash and safekeeping accounts is linked to combination accounts.

    Where the report is sent for a given safekeeping account linked to one cash account (maintaining separate cash sub-accounts by currency), the safekeeping account must be specified in the general information sequence and not in the cash and securities movement details sequence nor in the Free Asset Movement sequence. The cash account activity sequence must appear only once.

    Where the report is sent for a given safekeeping account linked to multiple cash accounts (maintaining separate cash sub-accounts by currency), the safekeeping account must be specified in the sequence General Information and not in the cash and securities movement details sequence nor in the free asset movement sequence. For each cash account a separate sequence Cash Account Activity must be used.

    Where the report is sent for a given cash account (maintaining separate cash sub-accounts by currency) linked to multiple safekeeping accounts, the safekeeping account field must not be used in the sequence General Information but in the safekeeping account must be specified in each occurrence of the Cash and securities movement details sequence and in the free asset movement sequence. The cash account activity sequence must appear only once.

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