Securities Settlement System - nbb.be optional5: MT910 sent by the SSP to your SBA - message sent by...

Securities Settlement System Cash - iesecuri

April 2010

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NBB-SSS SETTLEMENT BANKS TESTING GUIDE FOR

NOT TARGET2 DIRECT PARTICIPANT

1. INTRODUCTION

The Ancillary System NBB-SSS (National Bank of Belgium - Securities Settlement System) will be connected to Target2 from December 8th, 2008 as a securities settlement system settling according to the integrated settlement model. In this model the both the cash leg and securities leg of the DVP transactions are settled in the books of the SSS. Liquidity to these cash accounts is shifted through the Ancillary System Interface (ASI). As today, the payment system of the NBB (RECOUR) will be used by the NBB-SSS for the settlement of the cash leg of the DVP transactions. This solution minimizes the impact of the connection to Target2 for the NBB-SSS settlement banks (SB)1. But, contrary to the current situation, no longer the full payment capacity of the settlements banks' current account will be available for the settlement of NBB-SSS transactions. SB will have to dedicate specific liquidity for this kind of operations, called Dedicated Liquidity for NBB-SSS (DLNS). During the NBB-SSS business day SB are responsible for the management of their DLNS (creation, increase or decrease) by sending Swift messages MT202. At the end of the NBB-SSS business day the remaining DLNS is automatically retransferred to TARGET2.

Your institution should read this testing guide because - your institution is a NBB-SSS participant; - your institution settles the cash leg of DVP transactions on its own NBB current account, so it acts

as NBB-SSS settlement bank; - your institution is NOT a Target2 direct participant

• TARGET2 communicates only with TARGET2 direct participants. Because you are not

TARGET2 direct participant, you must appoint an agent (= settlement bank agent or SBA) acting on your behalf

• NBB-SSS communicates only with NBB-SSS settlement banks (= your institution). This paper includes following chapters :

- preliminary conditions - certification - test cases and Swift formats - test day scenario - test calendar - NBB contacts - appendix

1 NBB-SSS settlement bank = NBB-SSS participant settling on its own NBB current account

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2. PRELIMINARY CONDITIONS

Prior to the performing of these tests your institution has to appoint a SBA (fill in and send back to NBB-SSS the form SB04 "Settlement Bank TARGET2"2). Secondly, your SBA must fill in and send back to NBB-SSS the form 2002 "Debit Mandate for Ancillary System Settlement". Indeed, it is a precondition the SBA is registered in the SSP's (Single Share Platform) Static Data as settlement bank authorized by the ancillary system NBB-SSS. For the smoothness of the testing activities your institution has to fill in and send back to NBB-SSS by fax or email the form C02 (appendix 1) concerning the contact info of the person(s) in charge of the tests in your institution. Via this form your institution can communicate also the testing days your institution is planning to participate in the testing.

3. TESTING CERTIFICATION

Every NBB-SSS SB must obtain its testing certification. This certification process aims at the continuation of the current high performance of the NBB-SSS by guaranteeing the smooth connection of NBB-SSS to the Single Shared Platform (SSP) of TARGET2. The assessment of the testing activities will take place on November 17th, 2008. The certification will be granted to the NBB-SSS SB having successfully performed at least once every test case of the category 'Active Role' (see chapter 4) during the mandatory testing activities (see chapter 6). The NBB-SSS SB failing one or more test cases will not receive its certification and hence will not be authorized to participate in the NBB-SSS from the day the system connects to Target2 (December 8th, 2008). The NBB-SSS will send the certification by email to the project manager of your institution- if the tests are successfully performed - at the latest on November 21st, 2008.

4. TESTCASES AND SWIFT FORMATS

This chapter contains informations about the messages exchanged between - the SBA and TARGET2 - the NBB-SSS SB and the NBB-SSS. There is no further information concerning the messages exchanged between your institution and its SBA. A Swift message MT202 initiates a transfer of liquidity crediting or debiting DLNS. Only this action is performed by the SB(A). This first action is followed by a few automatic exchanges of instructions involving the SSP and the NBB-SSS.. The steps for a liquidity transfer crediting DLNS in the books of the NBB-SSS are : - message3 sent by your institution (NBB-SSS SB) to its SBA - MT202 sent by your SBA to the SSP - XML ASTransferNotice sent by the SSP through ASI to the NBB-SSS - MT9104 sent by the NBB-SSS to the NBB-SSS SB (your institution) The steps for a liquidity transfer debiting DLNS in the books of the NBB-SSS are : - MT202 sent by the NBB-SSS SB to the NBB-SSS - MT900 sent by the NBB-SSS to the NBB-SSS SB - XML ASTransferInitiation sent by the NBB-SSS through ASI to the SSP

2 The form SB04 is available on the website www.nbbsss.be 3 MT202 or fax or other mean 4 The NBB-SSS settlement bank receives always notifications MT900/MT910 from the NBB-SSS.

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- MT202 sent by the SSP to your ,SBA - message sent by your SBA to your institution The steps for the end-of-day liquidity transfer squaring DLNS in the books of the NBB-SSS are fully automatic and no active intervention of the SB is needed. These steps are: - MT900 sent by the NBB-SSS to the NBB-SSS SB - XML ASTransferInitiation sent by the NBB-SSS through ASI to the SSP - optional5 : MT910 sent by the SSP to your SBA - message sent by your SBA to your institution The institution (yours or your SBA) sending or receiving the message is indicated for each test cases. The role of the NBB-SSS settlement bank or its SBA - active or passive - is also indicated by the identification of the test cases with the suffix AR (active role) or PR (passive role). The test cases -PR can be useful for the NBB-SSS settlement banks that like to test their internal processes of reconciliation. These tests are not part of the certification process. The test cases involving your SBA are always precedeed or followed by an exchange of message between your institution and your SBA. Example : test case LQ101-AR To make your SBA able to send the MT202 to the SSP, your institution must send a payment instruction by Swift (or fax or other mean) to your SBA. Description of the test cases : Test case id description who message format

before

LQ101-AR,

LQ102-AR,

LQ103-AR

Instruction sent

to SBA

Your

institution

fax, email, Swift...

LQ101-AR Liquidity transfer

debiting RTGS

account and

crediting DLNS

SBA MT202 - sender : BIC addressee of the SBA

from the Target2 directory

- receiver : TRGTXEP0ASI

- tag 103 : TGT

- tag 113 : HNNN or HYNN

- 20 : your reference


- 52A : BIC NBB-SSS settlement bank

- 57A : NBBEBEB0MAC



debiting RTGS

account and

crediting DLNS

SBA ICM menu RTGS, Ancillary systems,

Liquidity, Liquidity Transfer Mirror

Account


debiting RTGS

account and

crediting DLNS

in contingency

mode

SBA - depending on

domestic

procedures

- for NCB BE : fax

see form T01 (appendix 2)


debiting DLNS

Your

institution

MT202 - sender : BIC NBB-SSS settlement

bank

5 The NBB-SSS settlement bank chooses to receive or not the notifications MT900/MT910 from the SSP on basis of a general flag in the Static Data Module of the SSP.

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and crediting

RTGS account

- receiver : NBBEBEB0216

- tag 103 and tag 113 : empty




or empty

- 57A : NBBEBEB0MAC



debiting DLNS

and crediting

RTGS account in

contingency

mode

Your

institution

fax see form T02 (appendix 3)

LQ203-PR Notification of

credit RTGS

following LQ201-

AR

SBA MT202 - sender : TRGTXEP0ASI

- receiver :BIC addressee of the SBA


- tag 103 : TGT

- tag 113 : -

- 20 : "AS............." (SSP reference)

- 21 : field 20 of the initial MT202


or empty


NT301-PR Notification of

credit DLNS

Your

institution

MT910 - sender : NBBEBEB0216

- receiver : BIC NBB-SSS settlement

bank

- 20 : NBB reference


- 52A : NBBEBEB0216

- 72 : /REC/NLIC


debit DLNS

Your

institution


- receiver : BIC as NBB-SSS settlement

bank



- 52A : NBBEBEB0216

72 : /REC/NLIC

NT303-PR Notification of credit RTGS account after EOD NBB-SSS


- receiver : BIC addressee of the SBA


- 20 : "AS................." (ref created by

SSP

- 21 : BIC 11 of NBB-SSS settlement

bank followed by "+EOD"

- 52A : NBBEBEB0216

NT204-PR Reversal (not tested)

SBA MT202 - sender : NBBEBEB0MAC

- receiver : BIC addressee of the SB

from the Target2 directory (sender of

the initial MT202)


- 21 : BIC 11 of the NBB-SSS

settlement bank followed by "+REV"

- 58A : BIC 11 from field 58A of the

initial MT202

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NT205-PR Statement Your

institution



bank

line 61 :

- date, date, C or D, amount, NLIC,

your ref (field 21) or ref EOD, NBB-SSS

ref, LIQUIDITY TRANSFER

There is no specific need for testing the DVP processing of operations because the connection to Target2 has no impact on this process. Nevertheless, during the mandatory testing days the NBB-SSS is able to simulate some DVP transactions to allow the NBB-SSS SB to follow via WIROW Fin' Markets the increase and decrease of the DLNS through the sell and the purchase of securities. It is up to the NBB-SSS SB to initiate DVP transactions. If a SB is in the case, the NBB-SSS settlement bank must obtain the agreement of the NBB-SSS settlement bank counterparty of the DVP transaction. The counterparty must send the adequate Swift message to ensure that the matching of the DVP transaction is positively done. 5. TESTDAY SCENARIO Two testing scenario's can be distinguished. A scenario for testing activities in 'normal' mode and a scenario for testing in 'contingency' mode. The contingency procedure concerns only the NBB-SSS SB not being able to send a Swift message for crediting or debiting its DLNS. Scenario for testing activities in 'normal' mode : timing action test case 9h00 opening of NBB-SSS 9h00 - 10h00 liquidity transfer from PM to NBB-SSS

via MT202 LQ101-AR NT301-PR

10h00 - 11h00 liquidity transfer from PM to NBB-SSS via ICM

LQ102-AR NT301-PR

11h00 - 12h00 DVP operations 12h00 - 13h00 liquidity transfer from NBB-SSS to PM

via MT202 LQ201-AR NT302-PR LQ203-PR

13h00 closing of NBB-SSS 13h15 transfer of DLNS balances NT302-PR

NT303-PR 13h30 end of the test day Scenario for testing activities in 'contingency' mode : timing action test case 9h00 opening of NBB-SSS 9h00 - 11h00 liquidity transfer from PM to NBB-SSS

via contingency (form T01) LQ103-AR NT301-PR


via contingency (form T02) LQ202-AR LQ203-PR

13h00 closing NBB-SSS 13h15 transfer of DLNS balances NT302-PR

NT303-PR 13h30 end of the test day

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6. TEST CALENDAR

The testing period is scheduled between October 13th 2008 and November 14th 2008. Four weeks are dedicated to testing in 'normal' mode and only 1 week to testing in 'contingency' mode. The 4 weeks testing in 'normal' mode are divided into to two parts :

• from October 13th until October 31st : free testing, meaning that your institution is not obliged to participate every day in the testing activities, but your institution has to succeed at least once in the creation of DLNS (LQ101-AR) and at least once in the decrease of DLNS (LQ201-AR). This period allows your institution to prepare for the mandatory testing period. During the free testing, the NBB-SSS will not simulate DVP transactions.

• from November 3rd until November 7th : mandatory testing, meaning that your institution is obliged to participate in the testing activities. During the mandatory testing, the NBB-SSS will simulate DVP transactions on each testing day.

The last testing week is dedicated to the 'contingency' mode. Nevertheless, if your institution has not successfully performed the test cases in 'normal' mode, your institution will be able to redo those test cases in parallel with the mandatory test cases in 'contingency' mode during the last week (from 10/11 to 14/11). Test day calendar for testing activities in 'normal' mode FREE TESTING : 13/10 14/10 15/10 16/10 17/10 20/10 21/10 22/10 23/10 24/10 27/10 28/10 29/10 30/10 31/10 Test day calendar for testing activities in 'normal' mode MANDATORY TESTING : 3/11 4/11 5/11 6/11 7/11 Test day calendar for testing activities in 'contingency' mode MANDATORY TESTING : 10/11 11/11 12/11 13/11 14/11

7. NBB-SSS CONTACTS

The NBB-SSS has two points of contact for test purposes :

• the first one for your questions about the liquidity transfers (MT202, MT900, MT910) and • the second one for your questions related to the security leg of the DVP transactions

(MT5xx). phone fax email Liquidity transfers Helpdesk Target2 +32 2 221 20 45 +32 2 221 50 00 [email protected] transactions Erwin Van Biesen +32 2 221 24 26 +32 2 221 31 20 [email protected]

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APPENDIX 1 : FORM C02

CONTACT INFO AND TEST ACTIVITIES PLANNED BY YOUR INSTITUTION

IN AGREEMENT WITH YOUR SETTLEMENT BANK AGENT Your institution's name : ................................................................................................................... and BIC : ........................................... Contact info :

name phone fax email Liquidity transfers

................................. ............................ ............................ ......................................... DVP transactions ................................ ............................ ............................ .........................................

Your institution plans to participate in the FREE testing (at least one box must be checked) :

13/10 14/10 15/10 16/10 17/10

20/10 21/10 22/10 23/10 24/10

27/10 28/10 29/10 30/10 31/10

Your institution plans to participate in the MANDATORY testing : - in 'normal' mode (at least one box must be checked)

3/11 4/11 5/11 6/11 7/11

- in 'contingency' mode (at least one box must be checked)

10/11 11/11 12/11 13/11 14/11

Please, fax this form completed to +32 2 221 31 20 or email to [email protected]

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APPENDIX 2 : FORM T01

TEMPLATE FOR FAX PROCEDURE LIQUIDITY TRANSFER DEBITING RTGS ACCOUNT AND CREDITING DLNS

TO BE SENT TO NATIONALE BANK OF BELGIUM (FOR SBA DEPENDING OF NBBEBEBB)

FAX NUMBER : +32 2 221 50 00

Sender BIC 11 of your SBA

Receiver BIC 11 TRGTXEP0ASI tag 103 TGT tag 113 HNNN field 20 field 21 field 32A date (yymmdd) field 32A currency and amount EUR field 52A BIC 11 of ordering institution

field 57A NBBEBEB0MAC field 58A BIC 11 of the NBB-SSS SB

field 72 (optionel) Name and Signature Name and Signature

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TEMPLATE FOR FAX PROCEDURE LIQUIDITY TRANSFER DEBITING DLNS AND CREDITING RTGS ACCOUNT

TO BE SENT TO NATIONALE BANK OF BELGIUM FAX NUMBER : +32 2 221 50 00

Sender BIC 11 of the NBB-SSS SB

Receiver BIC 11 NBBEBEB0216 tag 103 --- tag 113 --- field 20 field 21 field 32A date (yymmdd) field 32A currency and amount EUR field 52A BIC 11 of ordering institution



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1. INTRODUCTION

The Ancillary System NBB-SSS (National Bank of Belgium - Securities Settlement System) is connected to Target2 from December 8th, 2008 as a securities settlement system settling according to the integrated settlement model. In this model the both the cash leg and securities leg of the DVP transactions are settled in the books of the SSS. Liquidity to these cash accounts is shifted through the Ancillary System Interface (ASI). The payment system of the NBB (RECOUR) is used by the NBB-SSS for the settlement of the cash leg of the DVP transactions. This solution minimizes the impact of the connection to Target2 for the NBB-SSS settlement banks (SB)1. The full payment capacity of the settlements banks' current account is not available for the settlement of NBB-SSS transactions. SB has to dedicate specific liquidity for this kind of operations, called Dedicated Liquidity for NBB-SSS (DLNS). During the NBB-SSS business day SB is responsible for the management of its DLNS (creation, increase or decrease) by sending Swift messages MT202. At the end of the NBB-SSS business day the remaining DLNS is automatically retransferred to TARGET2.



TARGET2 communicates only with TARGET2 direct participants. Because you are not


NBB-SSS communicates only with NBB-SSS settlement banks (= your institution). This paper includes following chapters :

- preliminary conditions - certification - test cases and Swift formats - test day scenario - NBB contacts - appendix


Prior to the performing of these tests your institution has to appoint a SBA (fill in and send back to NBB-SSS the form SB04 "Settlement Bank TARGET2"2). Secondly, your SBA must fill in and send 1 NBB-SSS settlement bank = NBB-SSS participant settling on its own NBB current account

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version 0.4

back to NBB-SSS the form 2002 "Debit Mandate for Ancillary System Settlement". Indeed, it is a precondition the SBA is registered in the SSP's (Single Share Platform) Static Data as settlement bank authorized by the ancillary system NBB-SSS. If your SBA is DEUTDEFF, then the form 2002 is already completed by DEUTDEFF. For the smoothness of the testing activities your institution has to fill in and send back to NBB-SSS by fax or email the form C02 (appendix 1) concerning the contact info of the person(s) in charge of the tests in your institution. Via this form your institution can communicate also the testing days your institution is planning to participate in the testing.


Every NBB-SSS SB must obtain its testing certification. This certification process aims at the continuation of the current high performance of the NBB-SSS by guaranteeing the smooth connection of NBB-SSS to the Single Shared Platform (SSP) of TARGET2. The certification will be granted to the NBB-SSS SB having successfully performed at least once every test case of the category 'Active Role' (see chapter 4). The NBB-SSS sends the certification by email to the project manager of your institution.


This chapter contains informations about the messages exchanged between - the SBA and TARGET2 - the NBB-SSS SB and the NBB-SSS. There is no further information concerning the messages exchanged between your institution and its SBA. A Swift message MT202 initiates a transfer of liquidity crediting or debiting DLNS. Only this action is performed by the SB(A). This first action is followed by a few automatic exchanges of instructions involving the SSP and the NBB-SSS.. The steps for a liquidity transfer crediting DLNS in the books of the NBB-SSS are : - message3 sent by your institution (NBB-SSS SB) to its SBA - MT202 sent by your SBA to the SSP - XML ASTransferNotice sent by the SSP through ASI to the NBB-SSS - MT9104 sent by the NBB-SSS to the NBB-SSS SB (your institution) The steps for a liquidity transfer debiting DLNS in the books of the NBB-SSS are : - MT202 sent by the NBB-SSS SB to the NBB-SSS - MT900 sent by the NBB-SSS to the NBB-SSS SB - XML ASTransferInitiation sent by the NBB-SSS through ASI to the SSP - MT202 sent by the SSP to your ,SBA - message sent by your SBA to your institution The steps for the end-of-day liquidity transfer squaring DLNS in the books of the NBB-SSS are fully automatic and no active intervention of the SB is needed. These steps are: - MT900 sent by the NBB-SSS to the NBB-SSS SB - XML ASTransferInitiation sent by the NBB-SSS through ASI to the SSP - optional5 : MT910 sent by the SSP to your SBA

2 The form SB04 is available on the website www.nbbsss.be 3 MT202 or fax or other mean 4 The NBB-SSS settlement bank receives always notifications MT900/MT910 from the NBB-SSS.

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- message sent by your SBA to your institution The institution (yours or your SBA) sending or receiving the message is indicated for each test cases. The role of the NBB-SSS settlement bank or its SBA - active or passive - is also indicated by the identification of the test cases with the suffix AR (active role) or PR (passive role). The test cases -PR can be useful for the NBB-SSS settlement banks that like to test their internal processes of reconciliation. These tests are not part of the certification process. The test cases involving your SBA are always precedeed or followed by an exchange of message between your institution and your SBA. Example : test case LQ101-AR To make your SBA able to send the MT202 to the SSP, your institution must send a payment instruction by Swift (or fax or other mean) to your SBA. Description of the test cases : Test case id description who message format

before

LQ101-AR,

LQ102-AR,

LQ103-AR

Instruction sent

to SBA

Your

institution



debiting RTGS

account and

crediting DLNS




- tag 103 : TGT





- 57A : NBBEBEB0MAC



debiting RTGS

account and

crediting DLNS



Account


debiting RTGS

account and

crediting DLNS

in contingency

mode

SBA - depending on

domestic

procedures

- for NCB BE : fax



debiting DLNS

and crediting

RTGS account

Your

institution


bank






or empty

- 57A : NBBEBEB0MAC


5 The NBB-SSS settlement bank chooses to receive or not the notifications MT900/MT910 from the SSP on basis of a general flag in the Static Data Module of the SSP.

4.

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debiting DLNS

and crediting

RTGS account in

contingency

mode

Your

institution


LQ203-PR Notification of

credit RTGS

following LQ201-

AR




- tag 103 : TGT

- tag 113 : -

- 20 : "AS............." (SSP reference)



or empty



credit DLNS

Your

institution



bank



- 52A : NBBEBEB0216

- 72 : /REC/NLIC


debit DLNS

Your

institution



bank



- 52A : NBBEBEB0216

72 : /REC/NLIC





- 20 : "AS................." (ref created by

SSP



- 52A : NBBEBEB0216





the initial MT202)





initial MT202


institution



bank

line 61 :




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LQ102-AR NT301-PR


via MT202 LQ201-AR NT302-PR LQ203-PR


NT303-PR 13h30 end of the test day Scenario for testing activities in 'contingency' mode : timing action test case 9h00 opening of NBB-SSS 9h00 - 11h00 liquidity transfer from PM to NBB-SSS



via contingency (form T02) LQ202-AR LQ203-PR


NT303-PR 13h30 end of the test day

6. TEST CALENDAR

The testing days have to be determined in accordance with your SBA. All the test cases (normal and contigency modes) might be realized the same day.

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7. NBB-SSS CONTACTS


the first one for your questions about the liquidity transfers (MT202, MT900, MT910) and the second one for your questions related to the security leg of the DVP transactions


7.

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CONTACT INFO

Your institution's name : ................................................................................................................... and BIC : ........................................... Contact info :




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FAX NUMBER : +32 2 221 50 00





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1.

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1. INTRODUCTION

The Ancillary System NBB-SSS (National Bank of Belgium - Securities Settlement System) is connected to Target2 from December 8th, 2008 as a securities settlement system settling according to the integrated settlement model. In this model the both cash leg and securities leg of the DVP transactions are settled in the books of the SSS. Liquidity to these cash accounts is shifted through the Ancillary System Interface (ASI). The payment system of the NBB (RECOUR) is used by the NBB-SSS for the settlement of the cash leg of the DVP transactions. This solution minimizes the impact of the connection to Target2 for the NBB-SSS settlement banks (SB)1. The full payment capacity of the settlements banks' current account is not available for the settlement of NBB-SSS transactions. SB has to dedicate specific liquidity for this kind of operations, called Dedicated Liquidity for NBB-SSS (DLNS). During the NBB-SSS business day SB is responsible for the management of its DLNS (creation, increase or decrease) by sending Swift messages MT202. At the end of the NBB-SSS business day the remaining DLNS is automatically retransferred to TARGET2.



TARGET2 communicates only with TARGET2 direct participants. Because you are not


NBB-SSS communicates only with NBB-SSS settlement banks (= your institution). This paper includes following chapters :

- preliminary conditions - certification - test cases and Swift formats - test day scenario - NBB contacts - appendix


Prior to the performing of these tests your institution has to appoint a SBA (fill in and send back to NBB-SSS the form SB04 "Settlement Bank TARGET2"2). Secondly, your SBA must fill in and send 1 NBB-SSS settlement bank = NBB-SSS participant settling on its own NBB current account

2.

version 0.4

back to NBB-SSS the form 2002 "Debit Mandate for Ancillary System Settlement". Indeed, it is a precondition the SBA is registered in the SSP's (Single Share Platform) Static Data as settlement bank authorized by the ancillary system NBB-SSS. For the smoothness of the testing activities your institution has to fill in and send back to NBB-SSS by fax or email the form C02 (appendix 1) concerning the contact info of the person(s) in charge of the tests in your institution.


Every NBB-SSS SB must obtain its testing certification. This certification process aims at the continuation of the current high performance of the NBB-SSS by guaranteeing the smooth connection of NBB-SSS to the Single Shared Platform (SSP) of TARGET2. The certification will be granted to the NBB-SSS SB having successfully performed at least once every test case of the category 'Active Role' (see chapter 4). The NBB-SSS sends the certification by email to the project manager of your institution.


This chapter contains informations about the messages exchanged between - the SBA and TARGET2 - the NBB-SSS SB and the NBB-SSS. There is no further information concerning the messages exchanged between your institution and its SBA. A Swift message MT202 initiates a transfer of liquidity crediting or debiting DLNS. Only this action is performed by the SB(A). This first action is followed by a few automatic exchanges of instructions involving the SSP and the NBB-SSS.. The steps for a liquidity transfer crediting DLNS in the books of the NBB-SSS are : - message3 sent by your institution (NBB-SSS SB) to its SBA - MT202 sent by your SBA to the SSP - XML ASTransferNotice sent by the SSP through ASI to the NBB-SSS - MT9104 sent by the NBB-SSS to the NBB-SSS SB (your institution) The steps for a liquidity transfer debiting DLNS in the books of the NBB-SSS are : - MT202 sent by the NBB-SSS SB to the NBB-SSS - MT900 sent by the NBB-SSS to the NBB-SSS SB - XML ASTransferInitiation sent by the NBB-SSS through ASI to the SSP - MT202 sent by the SSP to your ,SBA - message sent by your SBA to your institution The steps for the end-of-day liquidity transfer squaring DLNS in the books of the NBB-SSS are fully automatic and no active intervention of the SB is needed. These steps are: - MT900 sent by the NBB-SSS to the NBB-SSS SB - XML ASTransferInitiation sent by the NBB-SSS through ASI to the SSP - optional5 : MT910 sent by the SSP to your SBA

2 The form SB04 is available on the website www.nbbsss.be 3 MT202 or fax or other mean 4 The NBB-SSS settlement bank receives always notifications MT900/MT910 from the NBB-SSS. 5 The NBB-SSS settlement bank chooses to receive or not the notifications MT900/MT910 from the SSP on basis of a general flag in the Static Data Module of the SSP.

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- message sent by your SBA to your institution The institution (yours or your SBA) sending or receiving the message is indicated for each test cases. The role of the NBB-SSS settlement bank or its SBA - active or passive - is also indicated by the identification of the test cases with the suffix AR (active role) or PR (passive role). The test cases -PR can be useful for the NBB-SSS settlement banks that like to test their internal processes of reconciliation. These tests are not part of the certification process. The test cases involving your SBA are always precedeed or followed by an exchange of message between your institution and your SBA. Example : test case LQ101-AR To make your SBA able to send the MT202 to the SSP, your institution must send a payment instruction by Swift (or fax or other mean) to your SBA. Description of the test cases : Test case id description who message format

before

LQ101-AR,

LQ102-AR,

LQ103-AR

Instruction sent

to SBA

Your

institution



debiting RTGS

account and

crediting DLNS




- tag 103 : TGT





- 57A : NBBEBEB0MAC



debiting RTGS

account and

crediting DLNS



Account


debiting RTGS

account and

crediting DLNS

in contingency

mode

SBA - depending on

domestic

procedures

- for NCB BE : fax



debiting DLNS

and crediting

RTGS account

Your

institution


bank






or empty

- 57A : NBBEBEB0MAC



debiting DLNS

and crediting

Your

institution


4.

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RTGS account in

contingency

mode


credit RTGS

following LQ201-

AR





- 20 : "AS............." (SSP reference)

- 21 : field 20 of the initial MT202 (or

fax form T02 in contingency mode)

- 52A : empty


- 72 : /INS/NBBEBEB0MAC


credit DLNS

Your

institution



bank



SSP Business Case ID when following

LQ102-AR)

- 52A : NBBEBEB0216

- 72 : /REC/NLIC


debit DLNS

Your

institution



bank



fax form T02 in contingency mode)

- 52A : NBBEBEB0216

72 : /REC/NLIC





- 20 : "AS................." (ref created by

SSP)



- 25 : RTGS account of the SBA

- 52A : NBBEBEB0216

- 72 : /ASCRED/+BIC+ of the NBB-SSS

participant





the initial MT202)





initial MT202


institution



bank

line 61 :


5.

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LQ102-AR NT301-PR


via MT202 LQ201-AR NT302-PR NT203-PR


NT303-PR 13h30 end of the test day during the night sending of statement NT205-PR Scenario for testing activities in 'contingency' mode : timing action test case 9h00 opening of NBB-SSS 9h00 - 11h00 liquidity transfer from PM to NBB-SSS





NT303-PR 13h30 end of the test day during the night sending of statement NT205-PR

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6. TEST CALENDAR

The testing days have to be determined in accordance with your SBA. All the test cases (normal and contigency modes) might be realized the same day.

7. NBB-SSS CONTACTS


the first one for your questions about the liquidity transfers (MT202, MT900, MT910) and the second one for your questions related to the security leg of the DVP transactions


7.

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CONTACT INFO

Your institution's name : ................................................................................................................... and BIC : ........................................... Contact info :




8.

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FAX NUMBER : +32 2 221 50 00





9.

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