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Settlement status reader

MT548 settlement status viewer

Inspect an MT548 processing or settlement status advice, including linked references, status qualifiers, reasons, instrument data and intended settlement details.

  • Highlights status and reason fields
  • Reads ISIN, account and quantity
  • Exports extracted values to Excel

3 free message actions every day - no account or card required

What is MT548 used for?

MT548 communicates the processing or settlement status of a securities transaction. It can report acknowledgement, rejection, pending, matching and settlement-related information, depending on the message sequence and qualifiers.

Fields to examine

FieldPurpose
:20C:Message and linked transaction references
:23G:Message function
:25D:Processing or settlement status
:24B:Status reason
:35B:Financial instrument identification
:98a:Relevant processing or settlement dates
Interpret qualifiers together. A four-letter code alone may not explain the operational cause. Check the surrounding sequence and receiving CSD profile.

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