PortfolioTransferCompletionV02 (PrtflTrfCmpltn)

Scope

The PortfolioTransferCompletion message is sent by an executing party, for example, a (old) plan manager (transferor), to the instructing party for example, a (new) plan manager (transferee), to confirm that the transfer of financial instruments from the client's account at the old plan manager (transferor) to the clients account at the new plan manager (transferee) has been completed.

Usage

The PortfolioTransferCompletion message is used to confirm one or more portfolio transfers for one client. The reference of each portfolio transfer completion is identified in ProductTransfer/ TransferCompletionIdentification. The reference of the original portfolio transfer as assigned by the instructing party is specified in TransferInstructionReference. The message identification of the PortfolioTransferInstruction message in which the portfolio transfers were conveyed may also be quoted in RelatedReference but this is not recommended.

Outline

The PortfolioTransferCompletionV02 MessageDefinition is composed of 17 MessageBuildingBlocks:

Message Reference — 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.
Primary Individual Investor — Information identifying the primary individual investor, for example, name, address, social security number and date of birth.
Registered Holder — Official registered holder information.
Secondary Individual Investor — Information identifying the secondary individual investor, for example, name, address, social security number and date of birth.
Other Individual Investor — Information identifying the other individual investors, for example, name, address, social security number and date of birth.
Primary Corporate Investor — Information identifying the primary corporate investor, for example, name and address.
Secondary Corporate Investor — Information identifying the secondary corporate investor, for example, name and address.
Other Corporate Investor — Information identifying the other corporate investors, for example, name and address.
Transferor Account — Identification of the account owned by the investor at the old plan manager (account servicer).
Nominee Account — Account held in the name of a party that is not the name of the beneficial owner of the shares.
Transferee — Identification of the institution to which the financial instrument has been transferred. This may also be known as the new plan manager.
Product Transfer — Information about the portfolio and assets.
Market Practice Version — Identifies the market practice to which the message conforms.
Extension — Additional information that cannot be captured in the structured elements and/or any other specific block.