10.2.5 MT 542 Deliver Free

This topic describes the MT 542 deliver free message.

This message is sent by an account owner to an account servicer (account servicing institution). The account owner may be a global custodian which has an account with its local agent (sub custodian) or an investment management institution or a broker/dealer which has an account with their custodian. This message is used to instruct a delivery of financial instruments free of payment. It may also be used to request a cancellation or pre-advise an instruction.

Maximum Length: 10000

Table 10-144 Mandatory Sequence A General Information

Field Tag	Field Name	Field Description	Format	Mandatory/Optional
16R		Start of Block	GENL	M
20C	Reference	Sender's Message Reference	:4!c//16x	M
23G		Function of the Message	4!c[/4!c]	M
98a	Date/Time	Preparation Date/Time	A, C or E	O
99B	Number Count	(see qualifier description)	:4!c//3!n	O

Table 10-145 Optional Repetitive Subsequence A1

Field Tag	Field Name	Field Description	Format	Mandatory/Optional
16R		Start of Block	LINK	M
20C	Reference	(see qualifier description)	:4!c//16x	M
16S		End of Block	LINK	M
16S		End of Block	GENL	M

Table 10-146 Mandatory Sequence B Trade Details

Field Tag	Field Name	Field Description	Format	Mandatory/Optional
16R		Start of Block	TRADDET	M
94B	Place	Place of Trade	:4!c/[8c]/4!c[/30x]	O
98a	Date/Time	(see qualifier description)	A, B, C, or E	M
90a	Price	Deal Price	A or B	O
35B		Identification of the Financial Instrument	[ISIN1!e12!c]	M
16S		End of Block	TRADDET	M

Table 10-147 Mandatory Repetitive Sequence C Financial Instrument/Account

Field Tag	Field Name	Field Description	Format	Mandatory/Optional
16R		Start of Block	FIAC	M
36B	Quantity of Financial Instrument	Quantity of Financial Instrument to be Settled	:4!c//4!c/15d	M
95a	Party	Account Owner	P or R	O
97a	Account	(see qualifier description)	A or B	M
94a	Place	Place of Safekeeping	B, C, or F	O
16S		End of Block	FIAC	M

Table 10-148 Optional Sequence D Two Leg Transaction Details

Field Tag	Field Name	Field Description	Format	Mandatory/Optional
16R		Start of Block	REPO	M
98a	Date/Time	Closing Date/Time	A, B, or C	O
22F	Indicator	(see qualifier description)	:4!c/[8c]/4!c	O
20C	Reference	(see qualifier description)	:4!c//16x	O
92a	Rate	(see qualifier description)	A, C, or F	O
99B	Number Count	(see qualifier description)	:4!c//3!n	O
19A	Amount	(see qualifier description)	:4!c//[N]3!a15d	O
70C	Narrative	Second Leg Narrative	:4!c//4*35x	O
16S		End of Block	REPO	M

Table 10-149 Mandatory Sequence E Settlement Details

Field Tag	Field Name	Field Description	Format	Mandatory/Optional
16R		Start of Block	SETDET	M
22F	Indicator	(see qualifier description)	:4!c/[8c]/4!c	M

Table 10-150 Mandatory Repetitive Subsequence E1 Settlement Parties

Field Tag	Field Name	Field Description	Format	Mandatory/Optional
16R		Start of Block	SETPRTY	M
95a	Party	(see qualifier description)	C, P, Q, R, or S	M
16S		End of Block	SETPRTY	M

Table 10-151 Repetitive Optional Subsequence E2 Cash Parties

Field Tag	Field Name	Field Description	Format	Mandatory/Optional
16R	Start of Block	CSHPRTY	M	NA
95a	Party	(see qualifier description)	P, R, Q or S	M
97A	Account	(see qualifier description)	:4c//35x	O
70a	Narrative	(see qualifier description)	E,D or C	O
16S	End of Block	CSHPRTY	M	NA

Table 10-152 Optional Repetitive Subsequence E3 Amount

Field Tag	Field Name	Field Description	Format	Mandatory/Optional
16R	NA	Start of Block	AMT	M
19A	Amount	(see qualifier description)	:4!c//[N]3!a15d	M
16S	NA	End of Block	AMT	M
16S	NA	End of Block	SETDET	M

Table 10-153 Repetitive Optional Sequence F Other Parties

Field Tag	Field Name	Field Description	Format	Mandatory/Optional
16R	Start of Block	OTHRPRTY	M	NA
95a	Party	(see qualifier description)	C, P, R, Q or S	M
97A	Account	(see qualifier description)	:4c//35x	O
70a	Narrative	(see qualifier description)	E,D or C	O
20C	Reference	Reference	:4c//16x	O
16S	End of Block	OTHRPRTY	M	NA