Settlement Methods: Spain (ES)

The next table outlines the validation methods for this market.

Method	EQU	Corp FI	Govt FI	MM	Unsp	You Must Populate	Notes
IBERCLEAR	X					A/C# @ Local Agent (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees)) Local Agent BIC COD/NIF# or Registration Name or Registration BIC	A/C# @ Depository (ID 1) allows up to 35 characters. The label for ID 2 is COD/NIF#.

Method

EQU

Corp FI

Govt FI

Unsp

You Must Populate

Notes

IBERCLEAR

A/C# @ Local Agent (investment managers and those acting OBO an investment manager (global custodians, regional custodians, and trustees))
Local Agent BIC
COD/NIF# or Registration Name or Registration BIC

A/C# @ Depository (ID 1) allows up to 35 characters.

The label for ID 2 is COD/NIF#.

Key to securities columns:

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