SWIFT ISO15022 Standard
Detail view for message MT505 - Collateral Substitution
Financial acronyms
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Description of the message MT505
Important!
The user header of the message (block 3) is mandatory and must contain a code in the Validation Flag field 119 ( {3:{119:xxxx}} ) to identify the exposure type or collateral reason.
These codes may be used for routing purposes.
Purpose of the message MT505
Proposes or requests the substitution of collateral held
Scope of the message MT505
This message is sent by the collateral giver or its collateral manager to the collateral taker or its collateral manager to propose the substitution of collateral held.
This message is also sent by the collateral taker or its collateral manager to the collateral giver or its collateral manager to request the substitution of collateral held.
This message is also used by the giver or taker to request the cancellation of a previously sent collateral substitution.
The message may also be used to:
- re-send a message previously sent (Subfunction of the message is DUPL)
- provide a third party with a copy of the message for information (Subfunction of the message is COPY)
- re-send to a third party a copy of the message for information (Subfunction of the message is CODU).
Structure of the message MT505
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
Sequence A1 - Agreement [ mandatory, repetitive ]
No.
Tag
Option
Name
Status
4
16R
Start of Block
M
5
22F
Indicator: Agreement Indicator
O
6
98A
Date: Agreement Date
O
7
13B
Number: Agreement Version Number
O
8
70C
Narrative: Agreement Narrative
C
9
16S
End of Block
M
10
98a
A
Date/Time: Preparation Date/Time
O
C
E
11
22a
F
Indicator: Exposure Type Indicator
M
H
12
95a
P
Party
M
Q
R
13
70C
Narrative: Party Narrative
O
Sequence A2 - Linkages [ optional, repetitive ]
No.
Tag
Option
Name
Status
14
16R
Start of Block
M
15
13a
A
Number Identification: Linked Message
O
B
16
20C
Reference
M
17
16S
End of Block
M
18
16S
End of Block
M
Sequence B - Collateral Details [ mandatory, repetitive ]
No.
Tag
Option
Name
Status
19
16R
Start of Block
M
20
20C
Reference: Collateral Reference
M
21
22a
F
Indicator
M
H
22
98A
Date: Settlement/Delivery Date
O
Sequence B1 - Securities Collateral Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
23
16R
Start of Block
M
24
35B
Identification of the Financial Instrument
M
25
36B
Quantity of Financial Instrument: Quantity of Securities Collateral
M
26
17B
Flag: Ownership Flag
O
Sequence B1a - Settlement Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
27
16R
Start of Block
M
28
22a
F
Indicator
M
H
Sequence B1a1 - Settlement Parties [ optional, repetitive ]
No.
Tag
Option
Name
Status
29
16R
Start of Block
M
30
95a
C
Party
M
P
Q
R
S
31
97a
A
Account: Safekeeping Account
O
B
32
70C
Narrative: Party Narrative
O
33
16S
End of Block
M
34
16S
End of Block
M
35
16S
End of Block
M
Sequence B2 - Cash Collateral Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
36
16R
Start of Block
M
37
19B
Amount: Deposit Amount
M
38
22H
Indicator: Type of Deposit Indicator
M
39
98A
Date: Maturity Date
C
Sequence B2a - Cash Settlement Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
40
16R
Start of Block
M
41
22F
Indicator: Settlement Transaction Condition Indicator
O
Sequence B2a1 - Cash Parties [ optional, repetitive ]
No.
Tag
Option
Name
Status
42
16R
Start of Block
M
43
95a
P
Party
M
Q
R
S
44
97a
A
Account
O
E
45
70C
Narrative: Party Narrative
O
46
16S
End of Block
M
47
16S
End of Block
M
48
16S
End of Block
M
Sequence B3 - Other Collateral Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
49
16R
Start of Block
M
50
22H
Indicator: Type of Other Collateral Indicator
M
51
98a
A
Date/Time
M
B
52
95a
P
Party: Issuer
M
Q
R
53
19B
Amount
M
54
16S
End of Block
M
55
16S
End of Block
M
Sequence C - Settlement Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
56
16R
Start of Block
M
57
22a
F
Indicator
M
H
Sequence C1 - Settlement Parties [ optional, repetitive ]
No.
Tag
Option
Name
Status
58
16R
Start of Block
M
59
95a
C
Party
M
P
Q
R
S
60
97a
A
Account
O
E
61
70C
Narrative: Party Narrative
O
62
16S
End of Block
M
63
16S
End of Block
M
Sequence D - Cash Settlement Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
64
16R
Start of Block
M
65
22F
Indicator: Settlement Transaction Condition Indicator
O
Sequence D1 - Cash Parties [ optional, repetitive ]
No.
Tag
Option
Name
Status
66
16R
Start of Block
M
67
95a
P
Party
M
Q
R
S
68
97a
A
Account
O
E
69
70C
Narrative: Party Narrative
O
70
16S
End of Block
M
71
16S
End of Block
M
Sequence E - Additional Information [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
72
16R
Start of Block
M
73
95a
P
Party
M
Q
R
74
16S
End of Block
M