Settlement Methods: Luxembourg (LU)

The next table outlines the validation methods for this market.

Method	EQU	Corp FI	Govt FI	MM	Unsp	You Must Populate	Notes
CREST	X	X	X	X	X	A/C# @ Local Agent (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees)) A/C# @ Depository (ID 1) (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees))	A/C# @ Local Agent is required for two or more levels of clearing (that is, when Custodian BIC is populated) (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees)) The label for A/C# @ Depository (ID 1) is Crest ID. Maximum length: 5 alphanumeric characters. The label for ID 2 is Member A/C. Maximum length: 12.
DTC	X	X	X	X	X	A/C# @ Local Agent (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees)) A/C# @ Depository (ID 1), ID 2, and ID 3 (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees)) A/C# @ Global Custodian	A/C# @ Local Agent is required for two or more levels of clearing (that is, when Custodian BIC is populated). (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees)) The label for A/C# @ Depository (ID 1) is DTC#, ID 2 is Agent ID, and ID 3 is Inst/ Broker ID. Each must be exactly 8 characters. DTC numbers must exist in DTC ID Master file. For ALERT SID clients, ID 3 must be linked to Acronym in ID Master file. The label for Security A/C# is Internal DTC A/C#. The label for A/C# @ Global Custodian is Internal DTC A/C#.
EUROFRAN	X	X	X	X	X	A/C# @ Local Agent (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees)) Local Agent BIC	A/C# @ Local Agent is required for two or more levels of clearing (that is, when Custodian BIC is populated). (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees))
FEDWIRE		X	X	X	X	A/C# @ Local Agent (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees)) A/C# @ Depository (ID 1) (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees))	A/C# @ Local Agent is required for two or more levels of clearing (that is, when Custodian BIC is populated). (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees)) The label for A/C# @ Depository (ID 1) is ABA#. Must be exactly 9 characters. The label for ID 2 is Fed A/C. Agent ID and Inst/Broker ID fields must be exactly 8 characters.
LUXCSD		X	X		X	A/C# @ Local Agent (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees)) Local Agent BIC	A/C # @ Local Agent is required for two or more levels of clearing (that is, when Custodian BIC is populated). (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees))
VPL		X	X		X	A/C# @ Local Agent (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees)) Local Agent BIC	A/C# @ Local Agent is required for two or more levels of clearing (that is, when Custodian BIC is populated). (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees))

Key to securities columns:

EQU=Equities; Corp FI=Corporate Fixed Income; Govt FI=Government Fixed Income; MM=Money Market; Unsp = Unspecified