| ISO20022

Note

The use of this message type requires Message User Group (MUG) registration.

MT380 Scope

This message type is sent:

by a fund manager to a custodian bank as an order to purchase or sell a specific amount of a certain currency
by a custodian bank to the local/sub custodian bank, when the fund account's custodian uses a sub custodian in the local market to execute the foreign exchange order received from a fund manager

It may also be used to:

duplicate an order sent by other means, for example, fax or telex
provide a third party with a copy of the message being sent

MT380 Format Specifications

Status	Tag	Qualifier	Generic Field Name	Detailed Field Name	Content/Options	No.
Mandatory Sequence A General Information
M	16R			Start of Block	GENL	1
----->
M	20C	4!c	Reference	(see qualifier description)	:4!c//16x	2
-----\|
M	23G			Function of the Message	4!c[/4!c]	3
O	22H	FXTR	Indicator	FX Order Transaction Type Indicator	:4!c//4!c	4
-----> Optional Repetitive Subsequence A1 Linkages
M	16R			Start of Block	LINK	5
O	13a	LINK	Number Identification	Linked Message	A or B	6
M	20C	PREV	Reference	Previous Reference	:4!c//16x	7
M	16S			End of Block	LINK	8
-----\| End of Subsequence A1 Linkages
M	16S			End of Block	GENL	9
End of Sequence A General Information
Mandatory Sequence B FX Order Details
M	16R			Start of Block	FXORDER	10
M	22H	BUSE	Indicator	Buy/Sell Indicator	:4!c//4!c	11
----->
M	98a	4!c	Date/Time	(see qualifier description)	A or C	12
-----\|
M	19B	ORDR	Amount	Ordered Amount	:4!c//3!a15d	13
M	11A	CNTR	Currency	Counter Currency	:4!c//3!a	14
O	94C	COUN	Payment Clearing Centre	Country	:4!c//2!a	15
Mandatory Subsequence B1 FX Order Party
M	16R			Start of Block	ORDRPRTY	16
O	95a	INVE	Party	Investor	P, Q, or R	17
M	97A	SAFE	Account	Safekeeping Account	:4!c//35x	18
M	16S			End of Block	ORDRPRTY	19
End of Subsequence B1 FX Order Party
Optional Subsequence B2 Reason
M	16R			Start of Block	REAS	20
M	24B	REAS	Reason Code	Transaction Reason Code	:4!c/[8c]/4!c	21
O	70D	REAS	Narrative	Transaction Reason Narrative	:4!c//6*35x	22
M	16S			End of Block	REAS	23
End of Subsequence B2 Reason
M	16S			End of Block	FXORDER	24
End of Sequence B FX Order Details
Optional Sequence C Underlying Transaction Details
M	16R			Start of Block	UNDE	25
O	35B			Identification of the Financial Instrument	[ISIN1!e12!c] [4*35x]	26
O	36B	ESTT	Quantity of Financial Instrument	Quantity of Financial Instrument Settled	:4!c//4!c/15d	27
O	22F	AGRE	Indicator	Agreement Indicator	:4!c/[8c]/4!c	28
O	70E	TRDE	Narrative	Transaction Details Narrative	:4!c//10*35x	29
M	16S			End of Block	UNDE	30
End of Sequence C Underlying Transaction Details

MT380 Network Validated Rules

C1 In sequence C, fields 16R and 16S may not be the only fields present. If both fields 16R and 16S are present, then at least one other field of the same sequence must be present.