2.35 Transfer Out Confirmation

This topic provides information on Transfer Out Confirmation and its tags in messages.

Transfer Out Confirmation Message

This message may also be used to confirm the delivery of a financial instrument, free of payment, to another of the instructing parties own accounts or to a third party.

The TransferOutConfirmation message is sent by an executing party, for example, a transfer agent, to the instructing party, for example, an investment manager or its authorised representative, to confirm the delivery of a financial instrument, free of payment, on a given date, to a specified party.

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