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ab For marketing purposes Reliable and secure With UBS SWIFT for Corporates, you gain direct access to the global financial services industry Purpose Direct access to SWIFT UBS SWIFT for Corporates offers international companies and corporations secure, reliable and direct access to the financial industry. We offer three access models: SCORE, MA-CUG and TRCO, as well as the SWIFTNet FIN and SWIFTNet FileAct services. SWIFT for Corporates SCORE Standardized Corporate Environment MA-CUG Member Administered Closed User Group TRCO Treasury Counterparty Standardized Corporate Environment – SCORE SCORE can generally be accessed by any company. Unlike in the past, when participation in SCORE was the sole preserve of listed companies, all that has been needed since 2010 is a sponsorship letter from a bank that takes part in SCORE. This now also allows unlisted companies to also take part in SCORE. The SCORE service is based on a Closed User Group administered by SWIFT. As an associated company, SCORE allows you to use SWIFT services with all participating financial institutions. The services and message types supported are determined by the respective financial institution, based on the SCORE Implementation Guides. Member Administered Closed User Group – MA-CUG MA-CUG is available to all corporate clients and is a Closed User Group administered by the financial institution. It differs from SCORE in that you are able to exchange SWIFT messages only with financial institutions with which you have concluded a MA-CUG agreement for SWIFT. We administer a MA-CUG with the same services and message types as SCORE. Treasury Counterparty – TRCO As a TRCO, a company is able to exchange forex or option transaction confirmations with all financial institutions that are connected to SWIFT. This provides access to financial institutions that neither participate in SCORE nor administer a MA-CUG. Anschlussmöglichkeiten There are three different forms of connection to “UBS SWIFT for Corporates” available to corporate clients. In the case of a direct connection, the client maintains its own technical connection and exchanges messages (SWIFTNet FIN) or files (SWIFTNet FileAct) directly via SWIFT. If a client opts for connection via a service bureau, it sends messages and files to the service bureau via an internet connection, where they can be converted if required. The service bureau maintains the SWIFT access for each client, while the client continues to use its own BIC address. A third option, “SWIFT Alliance Lite”, is available to clients with a low volume of messages and files. This provides access to SWIFT via a web browser for manual uploading and downloading of messages, or Windows-based software for the automated transfer of messages and files. Forms of connection Direct Client Software Service Bureau UBS SWIFT Client Software Bank B Browser SWIFT Alliance Lite Bank C Client Software Your key benefits Costs One interface for all your SWIFT messages and files with SCORE and MA-CUG • Optimal reliability and security thanks to the SWIFTNet infrastructure • Global access to all SWIFT participants • One gateway for all messages and files, and connected financial institutions • No need to maintain several systems thanks to standardized access and security • Improved and fully automated processing (STP) based on standardized formats • Reduced costs and lower risks due to centralized monitoring • SWIFT-compliant software providers help you configure the SWIFT solution SWIFT charges a fixed annual fee plus volume-dependent costs (per message and kilobyte) for participation in UBS SWIFT for Corporates. UBS charges the set-up costs and the costs for the FileAct tests according to the time spent. Please also note our normal transaction charges and fixed fees for delivering reports (MT940/MT942 via SWIFTNet FIN). Requirements It takes just a few steps to set up a direct connection with the financial industry In order to communicate with us via “UBS Swift for Corporates”, you need: • a technical connection to SWIFT. This means: – maintaining your own SWIFT gateway, or – communicating via a service bureau, or – connecting via “SWIFT Alliance Lite” • a “SWIFT for Corporates” contract with us • a contract with SWIFT Alternative products UBS KeyDirect Direct connection (reporting and payment transactions) via the X.Change and EBICS interfaces. UBS Multibanking Services Global connection to accounts at third-party banks for reporting and payment transactions. UBS KeyLink Cash management for professional users around the world. UBS Trade Finance Access A UBS proprietary tool providing various functions within the context of Trade and Export Finance. Contact us We will be happy to answer any questions you may have. UBS Switzerland AG Client Solutions [email protected] Services and formats supported SWIFTNet FileAct FileAct formats offered Company to UBS UBS to company ISO 20022 PAIN.001: Bulk payment order in ISO 20022 Format PAIN.008: Delivery of SEPA Direct Debits PAIN.002: Technical and Financial status messages PAIN.002: Technical and Financial status messages UN/EDIFACT PAYMUL: Bulk payment order in EDIFACT Format CONTRL: Technical status message BANSTA: Financial status message CIPHER: Message encryption based on X.509 CREMUL: Credits during the day DEBMUL: Debits during the day FINSTA: Account statements (End-of-Day and Intraday) Swiss DTA FT62: Delivery of payment orders in the DTA Format FT63: SWIFT (over FileAct) MT 101: Single payment order in SWIFT Format MT 101 MT 940: Account balance in SWIFT Format MT 940 MT 942: Intraday debits and credits in SWIFT Format MT 942 Additional File Types LSV+: Delivery of LSV file with electronic signature LSV+: LSV credit advices BESR: BESR acknowledgements messages (ESR type 3) DTA reply message (processing protocol) SWIFTNet FIN Category 1 Client payments and checks Category 2 Financial Institution Transfer Category 3 Treasury markets Category 6 Treasury markets – precious metals Category 7 Trade finance: for data transfer, the «envelope message» MT 798 is used. The submessages are encapsulated in the envelope. Category 9 Cash Management & Customer Status FIN message types offered Company to UBS 101: 199: Request for Transfer Free Format Message 210: Notice to Receive 300: 305: 320: 330: 340: 341: Foreign Exchange Confirmation Foreign Currency Option Confirmation Fixed Loan / Deposit Confirmation Call / Notice Loan / Deposit Confirmation Forward Rate Agreement Confirmation Forward Rate Agreement UBS to company 199: Free Format Message 300: 305: 320: 330: 340: 341: Foreign Exchange Confirmation Foreign Currency Option Confirmation Fixed Loan / Deposit Confirmation Call / Notice Loan / Deposit Confirmation Forward Rate Agreement Confirmation Forward Rate Agreement Settlement Confirmation 360: Single Currency Interest Rate Settlement Confirmation 360: Single Currency Interest Rate Derivative Confirmation Derivative Confirmation 395: Queries 600: 601: Precious Metal Trade Confirmation Precious Metal Option Confirmation 600: 601: Precious Metal Trade Confirmation Precious Metal Option Confirmation Guarantees / Standby Letters of Credit Claim for payment 712: 761 / 784: Application for issuance 763 / 786: Request for amendment 778: Response to extend or pay Request for reduction / release 783: Guarantees / Standby Letters of Credit 714: Response to claim for payment 743 / 744: Advice of amendment 745 / 746: Advice of issuance 762 / 785: Notification of the issue of, or the request to a third bank 764 / 787: Notification of an amendment, or the request to a third Bank Advice of reduction / release 766: Query to extend or pay 777: 779: Notification of claim for payment 781: Settlement of claim for payment Documentary Credits Request for transfer 722: 735: Advice of acceptance / refusal of amendment Response to advice of discrepancy 749: Application for issuance 770: 772: Request for amendment Documentary Credits 731: Notification of advice of discharge 733: Notification of advice of refusal Notification of acceptance / refusal of amendment 736: Response to the presentation of documents 737: 748: Advice of discrepancy 751: Notification of authorization to pay, accept / negotiate 753: Notification of advice of payment / acceptance / negotiation 755: Notif. of advice of reimb. or payment 757: Settl. of payment and charges – import 758: Settl. of payment and charges – export Notification of issuance 771: 773: Notification of amendment 774: Advice of Documentary Credit 776: Advice of amendment Advice of third bank Documentary Credit 780: Advice of transfer Documentary Credit 782: Common Group Free Format Message – corporate-to-bank 788: Common Group Free Format Message – bank-to-corporate 789: Notif. of charges, interest and other adj. 793: 794: Request for payment of charges, interest / expenses 999: 900: 910: 940: 942: 999: Free Format Message Confirmation of Debit Confirmation of Credit Client Statement Message Interim Transaction Report Free Format Message UBS Switzerland AG P.O. Box 8098 Zurich This publication is intended for information only and is not intended as a recommendation, an offer or a solicitation of an offer. Before making a decision, you should obtain relevant professional advice. Please note that UBS reserves the right to alter its services, products or prices at any time without prior notice. Certain products and services are subject to legal restrictions and cannot be offered worldwide on an unrestricted basis. Reproduction in whole or part is prohibited without prior permission from UBS. © UBS 2015. The key symbol and UBS are among the registered and unregistered trademarks of UBS. All rights reserved. November 2015.