10.7 Payment Messages

This topic describes the payment messages that are generated at take-down for placements.

Payment messages or SWIFT messages are generated at take-down for placements, and at the time of contract maturity and interest liquidation for deposits. Swift confirmation message MT320 is generated for contracts whose maturity type is ‘FIXED’ and for contracts with maturity type ‘NOTICE’, Swift confirmation message is MT330 is generated.

The format of the messages depends on the type of deal entered. The contents of the messages are taken from the Contract Input screen.

{1:F01ANBKUSWAXXXX1111111111} {2:I324RU1000SWXXXXN} {4: :20:000MB05993630002 :21:000MB05993630002 :22:MATURITY/ANBKWA0015RU10SW :30:991229 :32R:000101GBP10000000, :34P:000215GBP177610,5 :37F:15,/ADVANCE