Hi there,
could you please help to check if SAP can process MT535 and MT515 statements? If yes, what's the process?
These are not statements for bank accounts but for custody accounts (where the shares are kept).
See below information from our bank:
MT515 Securities Confirmation of Purchase or Sale
MT515 provides you with confirmation that the securities for which you initiated a trade have been bought or sold. It applies to bonds and equities. The statement contains all important information, and provides you with a detailed overview of the executed securities transaction. For instance, MT515 contains the execution price and the quantity. This notification may contain partial executions in addition to the entire quantity of a securities transaction. In the event of partial execution, multiple MT515 notifications are sent. Please note that MT515 is not available from every booking location or via every channel.
Your Benefits
The MT515 notification contains all the details of the trade and is sent in real time. This will allow you to maintain an overview of your transactions and minimize administrative costs. This is also true because an MT515 message can be sent to several addresses at the same time. Will send you the MT515 notification whether you trade over the phone or electronically.
MT535 Securities Statement of Holding
The MT535 notification provides you with a statement of your current securities holdings. MT535 messages give you a means to verify the accuracy of your positions. This statement contains all of the securities positions in your safekeeping account. The positions are valued at current market prices, and in the currency you selected in advance. There are two types of extracts, the long extract and the short extract. The available or unavailable securities holding is indicated for each position. Please note that MT535 is not available from every booking location or via every channel.
Your Benefits
The MT535 notification contains all securities holdings. This will allow you to maintain an overview of your transactions and minimize administrative costs. This is also true because an MT535 message can be sent to several addresses at the same time. The MT535 notification will contain the securities positions regardless of whether you trade over the phone or electronically.