Settlement Methods: United Kingdom (GB)

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 (ID1) (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). This requirement only applies to investment managers and global custodians.
  • 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.