TransferOutCancellationRequestV09 (TrfOutCxlReq)

Scope

The TransferOutCancellationRequest message is sent by an instructing party, for example, an investment manager or its authorised representative, to the executing party, for example, a transfer agent, to request the cancellation of a previously sent transfer out instruction.

Usage

The TransferOutCancellationRequest message is used to request the cancellation of one or more transfer out instructions. There is no amendment, but a cancellation and re-instruct policy. To request the cancellation of one or more transfer out instructions, the transfer reference of the transfer, as specified in the original TransferOutInstruction message, is specified in the transfer reference element. The message identification of the original TransferOutInstruction message may also be quoted in PreviousReference but this is not recommended. The deadline and acceptance of a cancellation request is subject to a service level agreement (SLA). This cancellation message is a cancellation request. There is no automatic acceptance of the cancellation. The rejection or acceptance of a TransferOutCancellationRequest is made using a TransferCancellationStatusReport message.

Outline

The TransferOutCancellationRequestV09 MessageDefinition is composed of 8 MessageBuildingBlocks:

Message Identification — Reference that uniquely identifies the message from a business application standpoint.
Pool Reference — Collective reference identifying a set of messages.
Previous Reference — Reference to a linked message that was previously sent.
Related Reference — Reference to a linked message that was previously received.
Master Reference — Unique and unambiguous identifier for a group of individual transfers as assigned by the instructing party. This identifier links the individual transfers together.
Transfer References — Reference of the transfer to be cancelled.
Market Practice Version — Identifies the market practice to which the message conforms.
Copy Details — Information provided when the message is a copy of a previous message.