SWIFT ISO15022 Standard
Detail view for message MT370 - Netting Position Advice
Financial acronyms
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Purpose of the message MT370
Advises the netting position of a currency
Scope of the message MT370
The MT 370 Netting Position Advice message is sent by a financial or non-financial institution to another financial or non-financial institution.
It is used to advise the netting position of a currency resulting from foreign exchange, non deliverable forward (NDF), options and other trades. It also specifies the settlement information for the currency.
Structure of the message MT370
Sequence A - General information [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
1
16R
Start of Block
M
2
20C
Reference: Sender's Message Reference
M
3
23G
Function of the Message
M
4
98a
A
Date: Preparation Date/Time
O
C
E
Sequence A1 - Linkages [ optional, repetitive ]
No.
Tag
Option
Name
Status
5
16R
Start of Block
M
6
20C
Reference
M
7
16S
End of Block
M
8
95P
Party: Party A
M
Sequence A2 - FX Order Party [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
9
16R
Start of Block
M
10
95a
P
Party: Investor
M
Q
R
11
97A
Account: Safekeeping Account
O
12
16S
End of Block
M
13
95P
Party: Party B
M
14
16S
End of Block
M
Sequence B - Netting Position Details [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
15
16R
Start of Block
M
16
20C
Reference: Netting Position Reference
M
17
98a
A
Date/Time: Netting Date/Time
O
C
18
97A
Account: Internal Account Identification
O
19
19A
Amount: Netting Amount
M
20
22H
Indicator: Receive Pay Indicator
M
21
98A
Date: Value Date
M
22
99a
A
Number: Number of Trades
O
C
23
22F
Indicator: Type of Underlying Trades
O
24
70E
Narrative: Additional Text Narrative
O
Sequence B1 - Cash Parties [ optional, repetitive ]
No.
Tag
Option
Name
Status
25
16R
Start of Block
M
26
95a
P
Party
M
Q
R
27
97A
Account: Cash Account
O
28
16S
End of Block
M
29
16S
End of Block
M