MT541
SWIFT MT Category 5 message, securities settlement.
Definition
MT541 is the instruction by which an account owner asks its custodian to receive a quantity of securities in exchange for a payment (Receive Against Payment). Carrying the security's ISIN, a quantity, a settlement date (SETT) and a place of settlement (PSET), it is one of the four core Category 5 settlement instructions, mirroring MT543 (Deliver Against Payment).
Origin
Defined in the SWIFT User Handbook, Category 5 — Securities Markets volume, built on the ISO 15022 field syntax (Securities — Scheme for messages, Data Field Dictionary). Maintained by SWIFT SC.
Example in context
:16R:GENL / :20C::SEME//RAP20260620001 / :23G:NEWM / :16R:TRADDET / :35B:ISIN FR0000131104 / :16R:SETDET / :22F::SETR//TRAD / :36B::SETT//UNIT/500, / :97A::SAFE//1234567 / :16S:SETDET