SWIFT ISO15022 Standard
Detail view for message MT321 - Instruction to Settle a Third Party Loan/Deposit
Financial acronyms
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Purpose of the message MT321
Advises the trade details and instructs the settlement of a fixed term loan/deposit done with a third party financial institution
Scope of the message MT321
This message is sent by a fund manager to the fund's custodian to advise the trade details and instruct the settlement of a fixed term loan/deposit done with a third party financial institution. The trade may cover one single trade or one block trade.
The definition of third party must be agreed up front between the fund manager and the custodian relative to deals executed by the custodians' treasury area on behalf of the fund manager.
This message is used to:
- provide details about a new contract between the parties
- provide details of a rollover/renovation of a contract between the parties
- provide details of the maturity of a contract
- cancel a previously sent message.
Structure of the message MT321
Sequence A - General information [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
1
16R
Start of Block
M
2
20C
Reference
M
3
23G
Function of the Message
M
4
22H
Indicator
M
5
99B
Number Count
O
Sequence A1 - Linkages [ optional, repetitive ]
No.
Tag
Option
Name
Status
6
16R
Start of Block
M
7
13a
A
Number Identification: Linked Message
O
B
8
20C
Reference
M
9
16S
End of Block
M
10
16S
End of Block
M
Sequence B - Loan/Deposit Details [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
11
16R
Start of Block
M
12
20C
Reference: Contract Number Reference
M
13
22H
Indicator
M
14
98A
Date
M
15
19A
Amount
M
16
92A
Rate: Interest Rate
M
17
99B
Number Count: Number of Days Accrued
O
Sequence B1 - Loan/Deposit Parties 1 [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
18
16R
Start of Block
M
19
95a
P
Party: Loan/Deposit Counterparty
M
Q
R
20
16S
End of Block
M
Sequence B2 - Loan/Deposit Parties 2 [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
21
16R
Start of Block
M
22
95a
P
Party: Investor
O
Q
R
23
97A
Account: Safekeeping Account
M
24
16S
End of Block
M
Sequence B3 - Other Parties [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
25
16R
Start of Block
M
26
95a
P
Party
M
Q
R
27
16S
End of Block
M
28
16S
End of Block
M
Sequence C - Settlement Details [ mandatory, repetitive ]
No.
Tag
Option
Name
Status
29
16R
Start of Block
M
30
22H
Indicator: Principal and Interest
M
Sequence C1 - Settlement Parties [ mandatory, repetitive ]
No.
Tag
Option
Name
Status
31
16R
Start of Block
M
32
95a
P
Party
M
Q
R
33
97A
Account: Cash Account
O
34
70C
Narrative: Party Contact Narrative
O
35
16S
End of Block
M
36
16S
End of Block
M