Information on the Statuses and Status Reasons of EUROCLEAR Transactions in DCV Evolution

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20 May 2025 Bulletins Hits: 2

Dear Participants,

As part of the improvements to the Cross-border Custody Service, DCV has implemented the "mirroring" of international transaction statuses in the Euroclear custodian, which is available in the transactions query module of the DCV Evolution Platform (DCVe).

From now on, depositor operators of the service will have access to review and obtain direct information on the status and status reasons of the settlement instructions during the intermediate process between their registration and settlement without having to request such information by email to the International Help Desk (InterMAC).

As an example, if a transaction has been registered and the counterparty has not registered its leg at the foreign custodian, DCVe will reflect this in the status reason; in this case, the code NMAT/CMIS (Not Matched, Counterparty Missing) will be displayed.

nmat cmis euro dcv

Also, by right-clicking on the transaction, you will be able to review all the external status history that we have received from Euroclear, where the last one received is displayed in the transactions query module.

exh euro dcv

The reasons for the statuses can be many; please see below a link that Swift provides with explanations of all possible scenarios of transactions pending settlement with their codes and descriptions.

https://www.iso20022.org/15022/uhb/mt548-12-field-24b.htm

External settlement instruction status	External settlement instruction status reason	Translation
Estado externo de la instrucción	Razón de estado externo de la instrucción	Translation
MTCH//NMAT	NMAT//CMIS	No instructions from the counterparty
SETT//PENF	PENF//LACK	Insufficient nominals in your account
SETT//PENF	PENF//AWSH	Awaiting holdings from the counterparty
IPRC//CPRC		Counterparty requests cancellation
MTCH//MACH		The transaction is matched and waiting for settlement
SETT//PENF	PENF//CLAC	Insufficient nominals from the counterparty
SETT//PEND	PEND//FUTU	Awaiting settlement date
SETT//PENF	PENF//MONY	Insufficient funds in your account
SETT//PENF	PENF//PREA	Instruction is in a hold /preadvice mode

For more information, please contact our customer service channels:
DCV Customer Service

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Atención telefónica | +56 22 393 9001

Kind regards,
DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES