📦 SWIFT MT‑543 – Deliver Against Payment

US Capital Private Bank Knowledge Base

MT‑543 is a SWIFT Category 5 message used by custodians or brokers to instruct delivery of financial instruments against payment—either in physical form or via book entry. It can also be used for cancellation or pre-advice of such delivery instructions. asxonline.com+5Citi+5ISO20022+5bankofgreece.gr+4ISO20022+4Oracle Docs+4

📘 What is MT‑543?

• Sent by an account owner (e.g., global custodian, investment manager, broker) to their account servicer to:

  • INSTRUCT a delivery against payment (DVP)

  • REQUEST CANCELLATION of a prior DVP instruction

  • PRE-ADVISE a forthcoming DVP instruction. Oracle Docs+2ISO20022+2Oracle Docs+2Euronextbankofgreece.gr

• Supports functions:

  • NEWM – New instruction

  • CANC – Cancel instruction

  • PREA – Pre-advice

  • DUPL, COPY, CODU – Resend/resend copy. Euronext+1bankofgreece.gr+1asxonline.com+4ISO20022+4Euronext+4

⚙️ Message Structure Overview

• Maximum length 10,000 chars. Oracle Docs

🧠 Use Cases

• DVP instruction: Initiate settlement where instruments deliver on payment

• Cancellation: Withdraw instruction pre-matching

• Pre-advice: Notify custodian of upcoming instruction

• Large batch operations: Via reuse and pooling features (POOL//)

• Two-leg flows: Supports trades like repos with unwind explicitly allowed. ibm.com+8asxonline.com+8bankofgreece.gr+8ISO20022+3Oracle Docs+3ISO20022+3

🔏 Security & Compliance

• Fully encrypted via SWIFTNet FIN

• Supports audit trail for DVP processes

• Harmonized with ISO 15022 – SWIFT SR 2022 standard www2.swift.com+5Euronext+5bankofgreece.gr+5

✅ Best Practices

1. Use correct function (NEWM, CANC, PREA, etc.)

2. Include linkages (PREV// or POOL//) when canceling or grouping

3. Populate mandatory fields (:35B: ISIN, Quantity, Settlement Party info)

4. Utilize :22F: codes in settlement details to clarify trade types (e.g., REPO, DVP) bankofgreece.gr+3Euronext+3ISO20022+3bankofgreece.gr+1ISO20022+1asxonline.com+1Oracle Docs+1

📞 Support

Email: customerservice@uscapitalprivatebank.com
Call: +971 52 992 6005
Web: uscapitalprivatebank.com

📈 Medium-Term Notes (MTN)

US Capital Private Bank Knowledge Base

Medium-Term Notes (MTNs) are debt securities issued continuously under a program, typically with maturities ranging from 9 months up to 30 years, offering flexibility for both issuers and investors.

📘 What are MTNs?

• MTNs are bonds issued under a shelf program, allowing the issuer to tap investors periodically with varying maturities and structures.

• Investors receive a note specifying maturity, coupon, issue date, interest, and redemption terms.

🧩 Key Characteristics

🧠 Use Cases

• Issuer Needs: Used by corporations, agencies, or banks seeking continuous funding

• Programmatic Issuance: Cover varying USD, EUR, or GBP funding needs over time

• Investor Appeal: Offering both stable income (fixed) and flexibility (floaters)

📊 Investor Perspective

• Diversification: Spread across maturities, coupon types, currencies

• Yield Edge: Often offer better returns than money market instruments

• Program Features: Benchmark, minimum sizes, secondary market access

✅ Program Administration

• Requires legal shelf registration, appointment of a dealer and trustee

• Trades usually done via private placement or exchange

• Documentation: Includes legal MTN Agreement, pricing supplements, and final terms

📞 Support

Call: +971 52 992 6005

Banking platform reminder: The CRM Portal is used for communication, support, and service coordination. For secure onboarding, document verification, account setup, transaction preparation, and more efficient client service, please also register on the U.S. Capital Private Bank banking platform at www.uscapitalprivatebank.com as soon as your CRM Portal registration is complete.