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SWIFT ISO 15022 - Code FLAT

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Financial acronyms

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 Meanings

  • Flat Fee: Commission is a flat fee.
  • Charges/Tax Basis Flat or Absolute: Charges/tax basis is flat or absolute for the trade being allocated.
  • Flat: Collateral covers the exposure and there is no excess.

 Usages

Message type
Field number
Tag
MT502
(Order to Buy or Sell)
18
22a (Indicator)
MT513
(Client Advice Of Execution)
35
22a (Indicator)
MT514
(Trade Allocation Instruction)
20
22a (Indicator)
MT515
(Client Confirmation of Purchase or Sale)
26
22a (Indicator)
MT518
(Market-Side Securities Trade Confirmation)
18
22a (Indicator)
MT569
(Triparty Collateral and Exposure Statement)
20
25D (Status: Global Collateral Status)
MT569
(Triparty Collateral and Exposure Statement)
28
25D (Status: Global Exposure Type Status)
MT569
(Triparty Collateral and Exposure Statement)
34
25D (Status: Global Counterparty Status)
MT569
(Triparty Collateral and Exposure Statement)
41
25D (Status)
MT576
(Statement of Open Orders)
43
22a (Indicator)