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Revision as of 17:35, 25 June 2017 by imported>Doug Williamson (Expand. Source: UK Money Markets Code:
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Standard Settlement Instructions.


Instructions that specify which named bank accounts are to be used for the receipt and payment of any settlement amounts, under a bank dealing mandate.


Instructions sent by a principal to its counterparties specifying:

  • Who has authority to deal on behalf of the principal;
  • Banking and custodian settlement details; and
  • Details of back office contacts.

See also