MT545 Network Validated Rules

• C1 The following amount fields cannot appear in more than one occurrence of the subsequence E3 Amounts:

  Subsequence E3
  :19A::ACRU
  :19A::ANTO
  :19A::CHAR
  :19A::COMT
  :19A::COUN
  :19A::DEAL
  :19A::EXEC
  :19A::ESTT
  :19A::ISDI
  :19A::LADT
  :19A::LEVY
  :19A::LOCL
  :19A::LOCO
  :19A::MARG
  :19A::OTHR
  :19A::REGF
  :19A::SHIP
  :19A::SPCN
  :19A::STAM
  :19A::STEX
  :19A::TRAN
  :19A::TRAX
  :19A::VATA
  :19A::WITH
  :19A::COAX
  :19A::ACCA
  :19A::RSCH

• C2 It is mandatory to specify a Settled Amount: one occurrence of subsequence E3 Amount must contain field :19A::ESTT.

• C3 If an Exchange Rate (field :92B::EXCH) is present, the corresponding Resulting Amount (field :19A::RESU) must be present in the same subsequence. If the Exchange Rate is not present then the Resulting Amount is not allowed. This check applies to subsequence E3.

  Subsequence E3 if field :92B::EXCH is ...	Subsequence E3 then field :19A::RESU is ...
  Present	Mandatory
  Not present	Not allowed

• C4 The following party fields cannot appear more than once in a message:

  Subsequence E1	Subsequence E2	Sequence F
  95a::BUYR	:95a::ACCW	:95a::EXCH
  :95a::DEAG	:95a::BENM	:95a::MEOR
  :95a::DECU	:95a::PAYE	:95a::MERE
  :95a::DEI1	:95a::DEBT	:95a::TRRE
  :95a::DEI2	:95a::INTM
  :95a::PSET		:95a::VEND
  :95a::REAG		:95a::TRAG
  :95a::RECU		:95a::QFIN
  :95a::REI1		:95a::BRKR
  :95a::REI2
  :95a::SELL

• C5 If field :22F::DBNM is NOT present in sequence E, then it is mandatory to specify a delivering agent and a place of settlement: one occurrence of subsequence E1 Settlement Parties must contain party field :95a::DEAG and another one must contain party field :95a::PSET.

• C6 If a qualifier from the list Deliverers is present in a subsequence E1, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Deliverers (see below) must be present.

  In other words, in sequence E, the following scenarios must be validated:

  • If :95a::DEI2 is present in subsequence E1, then :95a::DEI1 must be present in another subsequence E1.

  • If :95a::DEI1 is present in subsequence E1, then :95a::DECU must be present in another subsequence E1.

  • If :95a::DECU is present in subsequence E1, then :95a::SELL must be present in another subsequence E1.

  If a qualifier from the list Receivers is present in a subsequence E1, in a field :95a::4!c, then all the remaining qualifiers following this qualifier in the list Receivers (see below) must be present.

  In other words, in sequence E, the following scenarios must be validated:

  • If :95a::REI2 is present in subsequence E1, then :95a::REI1 must be present in another subsequence E1.

  • If :95a::REI1 is present in subsequence E1, then :95a::RECU must be present in another subsequence E1.

  • If :95a::RECU is present in subsequence E1, then :95a::BUYR must be present in another subsequence E1.

  Deliverers		Receivers
  DEI2	Deliverer's Intermediary 2	REI2	Receiver's Intermediary 2
  DEI1	Deliverer's Intermediary 1	REI1	Receiver's Intermediary 1
  DECU	Deliverer's Custodian	RECU	Receiver's Custodian
  SELL	Seller (Deliverer)	BUYR	Buyer (Receiver)

• C7 If the message is a cancellation or a reversal, that is, Function of the Message (field 23G) is CANC or RVSL, then field :20C::PREV must be present in one and only one occurrence of subsequence A1; consequently, in all other occurrences of A1, field :20C::PREV is not allowed.

  Sequence A if field :23G: is ...	Then field :20C::PREV is ...
  CANC or RVSL	Mandatory in one occurrence of subsequence A1, and not allowed in all other occurrences of subsequence A1
  NEWM	Not applicable

• C8 In subsequence E1, if field :95a::PSET is present, then field :97a:: is not allowed in the same sequence.

  Subsequence E1 if field :95a::PSET is ...	Subsequence E1 then field :97a:: is ...
  Present	Not allowed within the same occurrence
  Not present	Optional

• C9 A reference to the previously received message must be specified, that is field 20C::RELA must be present in one and only one occurrence of subsequence A1 Linkages; field 20C::RELA is not allowed in all other occurrences of subsequence A1.

• C10 In sequence C, field :36B::ESTT cannot appear more than twice (maximum two occurrences). When repeated, one occurrence must have Quantity Type Code FAMT and the other occurrence must have Quantity Type Code AMOR.

  Sequence C if field :36B::ESTT is ...	Then one occurrence of :36B::ESTT must be ...	And the other occurrence of :36B::ESTT must be ...
  Repeated	:36B::ESTT//FAMT	:36B::ESTT//AMOR
  Not repeated	Not applicable	Not applicable

• C11 A value date must only be provided with an effective settlement amount, that is, in any occurrence of subsequence E3, if value date field :98a::VALU is present, then settled amount field :19A::ESTT must be present in the same subsequence.

  Subsequence E3 if field :98a::VALU is ...	Subsequence E3 then field :19A::ESTT is ...
  Present	Mandatory
  Not present	Optional

  Note

  Per Network Validated Rules C1 (Error Code E87) and C2 (Error Code E92), field :19A::ESTT must be present in one occurrence of subsequence E3 and must not be used in any other occurrence of subsequence E3.

• C12 In sequence F, if field :95a::EXCH Stock Exchange or :95a::TRRE Trade Regulator is present, then field :97a:: is not allowed in the same sequence.

  Sequence F if field :95a::EXCH or TRRE is ...	Sequence F then field :97a:: is ...
  Present	Not allowed within the same occurrence
  Not present	Optional

• C13 In sequence C, if field :95L::ALTE is present, then field :95a::ACOW must be present.

• C14 In sequence B, field :94a::CLEA must not be present more than twice. When repeated, one and only one occurrence must be with format option L (:94L::CLEA).

  In sequence B, field :94a::TRAD must not be present more than twice. When repeated, one and only one occurrence must be with format option L (:94L::TRAD).

  In sequence C, field :94a::SAFE must not be present more than twice. When repeated, one and only one occurrence must be with format option L (:94L::SAFE).

  In each occurrence of subsequence E1, field :95a::ALTE must not be present more than twice. When repeated, one and only one occurrence must be with format option L (:95L::ALTE).

  In each occurrence of subsequence E2, field :95a::ALTE must not be present more than twice. When repeated, one and only one occurrence must be with format option L (:95L::ALTE).

  In each occurrence of sequence F, field :95a::ALTE must not be present more than twice. When repeated, one and only one occurrence must be with format option L (:95L::ALTE).

• C15 In each occurrence of sequence F, if field :95a::ALTE is present with format option L, then field :95a::MEOR and field :95a::MERE must not be present in the same occurrence of the sequence.