What is the latest version of sese.003?

The latest version in the ISO 20022 e-Repository release of 24 April 2025 is sese.003.001.09.

What is the root element of sese.003?

The XML document is Document with the namespace urn:iso:std:iso:20022:tech:xsd:sese.003.001.09, and its message element is TrfOutConf (TransferOutConfirmation).

Is there an MT equivalent of sese.003?

No Swift MT message is listed as its direct equivalent on this site. Many ISO 20022 messages have no MT counterpart.

sese: Securities Settlement

sese.003 Transfer Out Confirmation

Written and maintained by ZagTrader. Last reviewed 21 October 2026. How this page is sourced and checked

sese.003 is the ISO 20022 TransferOutConfirmation message in the Securities Settlement business area (sese). The latest version is sese.003.001.09, and 9 versions are in the repository.

Message: TransferOutConfirmation
Latest version: sese.003.001.09
Submitting organisation: Not read from the catalogue
MT equivalent: None listed

In use: published in the current ISO 20022 catalogue.

What sese.003 is for

The TransferOutConfirmation message is sent by an executing party, for example, a transfer agent, to the instructing party, for example, an investment manager or its authorised representative, to confirm the delivery of a financial instrument, free of payment, on a given date, to a specified party.
This message may also be used to confirm the delivery of a financial instrument, free of payment, to another of the instructing parties own accounts or to a third party.
The TransferOutConfirmation message is used to confirm the withdrawal of a financial instrument from the owner's account and its delivery to another own account, or to a third party, has taken place.
The reference of the transfer confirmation is identified in TransferConfirmationReference. The reference of the original transfer instruction is specified in TransferReference. The message identification of the TransferOutInstruction message in which the transfer instruction was conveyed may also be quoted in RelatedReference but this is not recommended.

Definition from the ISO 20022 e-Repository, release of 24 April 2025.

sese.003 versions

Every version published in the e-Repository, newest first. A message keeps its business purpose across versions; each new version is a separate schema with its own namespace.

Version	Registration status	Published in
sese.003.001.09latest	Registered	Latest version set
sese.003.001.08	Registered	Previous version set
sese.003.001.07	Registered	Archive
sese.003.001.06	Registered	Archive
sese.003.001.05	Registered	Archive
sese.003.001.04	Registered	Archive
sese.003.001.03	Registered	Archive
sese.003.001.02	Registered	Archive
sese.003.001.01	Registered	Archive

sese.003 message structure

The building blocks of sese.003.001.09 to three levels, with multiplicity ([0..1] optional, [1..1] mandatory, * any number) and the data type or component. Element names and definitions are from the ISO 20022 repository; usage guidelines such as CBPR+ or a market infrastructure's rules can restrict them further.

Document [1..1]
- TrfOutConf TransferOutConfirmation [1..1]
  - MsgId Message Identification [1..1]MessageIdentification1
    Reference that uniquely identifies the message from a business application standpoint.
    - Id Identification [1..1]Max35Text
      Identification of the message.
    - CreDtTm Creation Date Time [1..1]ISODateTime
      Date of creation of the message.
  - PoolRef Pool Reference [0..1]AdditionalReference11
    Collective reference identifying a set of messages.
    - Ref Reference [1..1]Max35Text
      Reference identifying a set of messages.
    - RefIssr Reference Issuer [0..1]PartyIdentification139
      Issuer of the reference.
      - Pty Party [1..1]PartyIdentification125Choice (choice)
      - LEI LEI [0..1]LEIIdentifier
    - MsgNm Message Name [0..1]Max35Text
      Name of the message.
  - PrvsRef Previous Reference [0..1]AdditionalReference10
    Reference to a linked message that was previously sent.
    - Ref Reference [1..1]Max35Text
      Reference issued by a party to identify an instruction, transaction or a message.
    - RefIssr Reference Issuer [0..1]PartyIdentification139
      Issuer of the reference.
      - Pty Party [1..1]PartyIdentification125Choice (choice)
      - LEI LEI [0..1]LEIIdentifier
    - MsgNm Message Name [0..1]Max35Text
      Name of the message.
  - RltdRef Related Reference [0..1]AdditionalReference10
    Reference to a linked message that was previously received.
    - Ref Reference [1..1]Max35Text
      Reference issued by a party to identify an instruction, transaction or a message.
    - RefIssr Reference Issuer [0..1]PartyIdentification139
      Issuer of the reference.
      - Pty Party [1..1]PartyIdentification125Choice (choice)
      - LEI LEI [0..1]LEIIdentifier
    - MsgNm Message Name [0..1]Max35Text
      Name of the message.
  - MstrRef Master Reference [0..1]Max35Text
    Unique and unambiguous identifier for a group of individual transfers as assigned by the instructing party.
  - TrfDtls Transfer Details [1..*]Transfer37
    General information related to the transfer of the financial instrument.
    - TrfConfRef Transfer Confirmation Reference [1..1]Max35Text
      Unique and unambiguous identifier for the transfer execution, as assigned by the confirming party.
    - TrfRef Transfer Reference [1..1]Max35Text
      Unique and unambiguous identifier for the transfer instruction, as assigned by the instructing party.
    - ClntRef Client Reference [0..1]AdditionalReference10
      Unique and unambiguous investor's identification of the transfer.
      - Ref Reference [1..1]Max35Text
      - RefIssr Reference Issuer [0..1]PartyIdentification139
      - MsgNm Message Name [0..1]Max35Text
    - CtrPtyRef Counterparty Reference [0..1]AdditionalReference10
      Unambiguous identification of the transfer allocated by the counterparty.
      - Ref Reference [1..1]Max35Text
      - RefIssr Reference Issuer [0..1]PartyIdentification139
      - MsgNm Message Name [0..1]Max35Text
    - BizFlowTp Business Flow Type [0..1]BusinessFlowType1Code
      Identifies the business process in which the actors are involved.
    - ReqdSttlmDt Requested Settlement Date [0..1]ISODate
      Date and time at which the securities are to be exchanged at the International Central Securities Depository (ICSD) or Central Securities Depository...
    - FctvTrfDt Effective Transfer Date [1..1]DateAndDateTime2Choice (choice)
      Date and time at which the transfer was executed.
      - Dt Date [1..1]ISODate
      - DtTm Date Time [1..1]ISODateTime
    - FctvSttlmDt Effective Settlement Date [0..1]DateAndDateTime2Choice (choice)
      Date and time at which the securities were exchanged at the International Central Securities Depository (ICSD) or Central Securities Depository (CSD).
      - Dt Date [1..1]ISODate
      - DtTm Date Time [1..1]ISODateTime
    - TradDt Trade Date [0..1]DateAndDateTime2Choice (choice)
      Date and time at which the transaction is completed and cleared, that is, securities are delivered.
      - Dt Date [1..1]ISODate
      - DtTm Date Time [1..1]ISODateTime
    - TrfOrdrDtForm Transfer Order Date Form [0..1]ISODate
      Date on which the investor signed the transfer order form.
    - TrfRsn Transfer Reason [0..1]TransferReason1Choice (choice)
      Reason for the transfer.
      - Cd Code [1..1]TransferReason1Code
      - Prtry Proprietary [1..1]GenericIdentification27
    - HldgsPlanTp Holdings Plan Type [0..3]HoldingsPlanType1Code
      Specifies information about investment plans included in the holding.
    - FinInstrmDtls Financial Instrument Details [1..1]FinancialInstrument88
      Information related to the financial instrument transferred.
      - Id Identification [1..1]SecurityIdentification25Choice (choice)
      - Nm Name [0..1]Max350Text
      - ShrtNm Short Name [0..1]Max35Text
      - SplmtryId Supplementary Identification [0..1]Max35Text
      - ClssTp Class Type [0..1]Max35Text
      - SctiesForm Securities Form [0..1]FormOfSecurity1Code
      - DstrbtnPlcy Distribution Policy [0..1]DistributionPolicy1Code
      - DmtrlsdInd Dematerialised Indicator [0..1]YesNoIndicator
    - TtlUnitsNb Total Units Number [1..1]DecimalNumber
      Number of units transferred.
    - TrfRate Transfer Rate [0..1]PercentageRate
      Quantity of securities transferred as a percentage of the holding.
    - UnitsDtls Units Details [0..*]Unit12
      Breakdown of units transferred.
      - UnitsNb Units Number [1..1]DecimalNumber
      - OrdrDt Order Date [0..1]ISODate
      - AcqstnDt Acquisition Date [0..1]ISODate
      - CertNb Certificate Number [0..*]Max35Text
      - Grp1Or2Units Group1 Or2 Units [0..1]UKTaxGroupUnit1Code
      - Ref Reference [0..1]Max35Text
      - PricDtls Price Details [0..1]UnitPrice23
      - TxOvrhd Transaction Overhead [0..1]TotalFeesAndTaxes42
      - OthrAmt Other Amount [0..*]OtherAmount1
    - Rndg Rounding [0..1]RoundingDirection2Code
      Rounding direction applied to nearest unit.
    - OrgnlCost Original Cost [0..1]ActiveCurrencyAnd13DecimalAmount
      Original amount paid for the asset at the point of purchase.
    - AvrgPric Average Price [0..1]ActiveOrHistoricCurrencyAnd13DecimalAmount
      Weighted average price of the units in the account before the transfer was executed.
    - NewAvrgPric New Average Price [0..1]ActiveOrHistoricCurrencyAnd13DecimalAmount
      Weighted average price of the units in the account after the transfer was executed.
    - AvrgDt Average Date [0..1]ISODate
      Trade date of the average weighted data of units in the account before the transfer was executed.
    - NewAvrgDt New Average Date [0..1]ISODate
      Trade date of the average weighted data of units in the account after the transfer was executed.
    - TrfCcy Transfer Currency [0..1]ActiveOrHistoricCurrencyCode
      Currency used to transfer the holdings.
    - OwnAcctTrfInd Own Account Transfer Indicator [0..1]YesNoIndicator
      Indicates whether the transfer results in a change of beneficial owner.
    - NonStdSttlmInf Non Standard Settlement Information [0..1]Max350Text
      Additional specific settlement information for non-regulated traded funds.
    - TrfExpnssPmtTp Transfer Expenses Payment Type [0..1]ChargePaymentMethod1Choice (choice)
      Specifies how the payment of fees and taxes as a result of the transfer is covered, that is, whether by cash or the redemption of units.
      - Cd Code [1..1]ChargePaymentMethod1Code
      - Prtry Proprietary [1..1]GenericIdentification47
  - AcctDtls Account Details [1..1]InvestmentAccount70
    Information related to the account from which the financial instrument was withdrawn.
    - OwnrId Owner Identification [0..*]PartyIdentification139
      Party that legally owns the account.
      - Pty Party [1..1]PartyIdentification125Choice (choice)
      - LEI LEI [0..1]LEIIdentifier
    - AcctId Account Identification [1..1]Max35Text
      Unique and unambiguous identification for the account between the account owner and the account servicer.
    - AcctNm Account Name [0..1]Max35Text
      Name of the account. It provides an additional means of identification, and is designated by the account servicer in agreement with the account owner.
    - AcctDsgnt Account Designation [0..1]Max35Text
      Supplementary registration information applying to a specific block of units for dealing and reporting purposes.
    - AcctSvcr Account Servicer [0..1]PartyIdentification139
      Institution that maintains the records where the account is held.
      - Pty Party [1..1]PartyIdentification125Choice (choice)
      - LEI LEI [0..1]LEIIdentifier
    - SubAcctDtls Sub Account Details [0..1]SubAccount5
      Sub-account of the master or omnibus account.
      - Id Identification [1..1]Max35Text
      - Nm Name [0..1]Max35Text
      - Chrtc Characteristic [0..1]Max35Text
    - IntrmyInf Intermediary Information [0..*]Intermediary43
      Identification of a related party or intermediary.
      - Id Identification [1..1]PartyIdentification139
      - Acct Account [0..1]Account27
      - Role Role [0..1]Role4Choice (choice)
      - CtctPrsn Contact Person [0..1]ContactIdentification2
    - SctiesForm Securities Form [0..1]FormOfSecurity1Code
      Form, that is, ownership, of the security, that is, registered or bearer.
    - DmtrlsdInd Dematerialised Indicator [0..1]YesNoIndicator
      Indicates whether a security exists only as an electronic record, that is, there is no physical document representing the security.
    - IncmPref Income Preference [0..1]IncomePreference2Code
      Dividend option chosen by the account owner based on the options offered in the prospectus.
    - BnfcryCertfctnCmpltn Beneficiary Certification Completion [0..1]BeneficiaryCertificationCompletion1Code
      Beneficial owner or its designated agent certifies that it complies with any holding or investment restrictions or requirements of the fund.
    - SfkpgPlc Safekeeping Place [0..1]SafekeepingPlaceFormat28Choice (choice)
      Place requested as the place of safekeeping.
      - Id Identification [1..1]SafekeepingPlaceTypeAndText6
      - Ctry Country [1..1]CountryCode
      - TpAndId Type And Identification [1..1]SafekeepingPlaceTypeAndIdentification1
      - Prtry Proprietary [1..1]GenericIdentification78
    - SttlmPtiesDtls Settlement Parties Details [0..1]FundSettlementParameters15
      Chain of parties involved in the settlement of the transaction.
      - TradTxCond Trade Transaction Condition [0..*]TradeTransactionCondition8Choice (choice)
      - SttlmTxCond Settlement Transaction Condition [0..*]SettlementTransactionCondition30Choice (choice)
      - SctiesSttlmSysId Securities Settlement System Identification [0..1]Max35Text
      - DlvrgSdDtls Delivering Side Details [0..1]SettlementParties94
  - SttlmDtls Settlement Details [0..1]ReceiveInformation20
    Information related to the receiving side of the transfer.
    - Trfee Transferee [0..1]PartyIdentification139
      Party that receives (transferee) securities from the delivering agent (transferor).
      - Pty Party [1..1]PartyIdentification125Choice (choice)
      - LEI LEI [0..1]LEIIdentifier
    - TrfeeRegdAcct Transferee Registered Account [0..1]Account31
      Account into which the securities are to be received.
      - Id Identification [0..1]Max35Text
      - AcctNm Account Name [0..1]Max35Text
      - Dsgnt Designation [0..1]Max35Text
      - Svcr Servicer [0..1]PartyIdentification139
      - SubAcctDtls Sub Account Details [0..1]SubAccount5
    - IntrmyInf Intermediary Information [0..*]Intermediary43
      Identification of a related party or intermediary.
      - Id Identification [1..1]PartyIdentification139
      - Acct Account [0..1]Account27
      - Role Role [0..1]Role4Choice (choice)
      - CtctPrsn Contact Person [0..1]ContactIdentification2
    - SctiesForm Securities Form [0..1]FormOfSecurity1Code
      Form, that is, ownership, of the security, that is, registered or bearer.
    - DmtrlsdInd Dematerialised Indicator [0..1]YesNoIndicator
      Indicates whether a security exists only as an electronic record, that is, there is no physical document representing the security.
    - IncmPref Income Preference [0..1]IncomePreference2Code
      Dividend option chosen by the account owner based on the options offered in the prospectus.
    - BnfcryCertfctnCmpltn Beneficiary Certification Completion [0..1]BeneficiaryCertificationCompletion1Code
      Beneficial owner or its designated agent certifies that it complies with any holding or investment restrictions or requirements of the fund.
    - ReqdTradDt Requested Trade Date [0..1]ISODate
      Date used as the trade date when securities are settled through an International Central Securities Depository (ICSD) or Central Securities...
    - ReqdSttlmDt Requested Settlement Date [0..1]ISODate
      Date and time at which the securities are to be exchanged at the International Central Securities Depository (ICSD) or Central Securities Depository...
    - FctvSttlmDt Effective Settlement Date [0..1]DateAndDateTime2Choice (choice)
      Date and time at which the securities were exchanged at the International Central Securities Depository (ICSD) or Central Securities Depository (CSD).
      - Dt Date [1..1]ISODate
      - DtTm Date Time [1..1]ISODateTime
    - SttlmAmt Settlement Amount [0..1]ActiveCurrencyAndAmount
      Total amount of money paid /to be paid or received in exchange for the financial instrument.
    - StmpDty Stamp Duty [0..1]StampDutyType2Code
      Specifies if whether the settlement amount includes the stamp duty amount.
    - NetAmt Net Amount [0..1]ActiveCurrencyAndAmount
      Deal amount.
    - Fees Fees [0..*]Fees2
      Fee related to the transfer of the financial instrument.
      - ComrclAgrmtRef Commercial Agreement Reference [0..1]Max35Text
      - IndvFee Individual Fee [0..*]Fee7
    - IndvTax Individual Tax [0..*]Tax38
      Tax related to the transfer of the financial instrument.
      - Tp Type [1..1]TaxType1Choice (choice)
      - Bsis Basis [0..1]TaxBasis1Choice (choice)
      - Amt Amount [1..1]ActiveCurrencyAndAmount
      - Ctry Country [0..1]CountryCode
      - XmptnInd Exemption Indicator [1..1]YesNoIndicator
      - XmptnRsn Exemption Reason [0..1]ExemptionReason1Choice (choice)
      - RcptId Recipient Identification [0..1]PartyIdentification139
      - TaxClctnDtls Tax Calculation Details [0..1]TaxCalculationInformation11
    - FXDtls Foreign Exchange Details [0..*]ForeignExchangeTerms37
      Information needed to process a currency exchange or conversion.
      - ToAmt To Amount [0..1]ActiveCurrencyAndAmount
      - FrAmt From Amount [0..1]ActiveCurrencyAndAmount
      - UnitCcy Unit Currency [1..1]ActiveCurrencyCode
      - QtdCcy Quoted Currency [1..1]ActiveCurrencyCode
      - XchgRate Exchange Rate [1..1]BaseOneRate
      - QtnDt Quotation Date [0..1]ISODateTime
      - QtgInstn Quoting Institution [0..1]PartyIdentification139
    - SttlmPtiesDtls Settlement Parties Details [0..1]FundSettlementParameters16
      Chain of parties involved in the settlement of the transaction.
      - TradTxCond Trade Transaction Condition [0..*]TradeTransactionCondition8Choice (choice)
      - SttlmTxCond Settlement Transaction Condition [0..*]SettlementTransactionCondition30Choice (choice)
      - SctiesSttlmSysId Securities Settlement System Identification [0..1]Max35Text
      - RcvgSdDtls Receiving Side Details [0..1]SettlementParties94
    - PhysTrf Physical Transfer [0..1]PhysicalTransferType1Code
      Indicates whether the financial instrument is to be physically delivered.
    - PhysTrfDtls Physical Transfer Details [0..1]DeliveryParameters4
      Parameters of a physical delivery.
      - RegdAdrInd Registered Address Indicator [1..1]YesNoIndicator
      - NmAndAdr Name And Address [0..1]NameAndAddress4
      - CtctPrsn Contact Person [0..1]ContactIdentification2
    - ClntRef Client Reference [0..1]AdditionalReference10
      Unique and unambiguous investor's identification of the transfer.
      - Ref Reference [1..1]Max35Text
      - RefIssr Reference Issuer [0..1]PartyIdentification139
      - MsgNm Message Name [0..1]Max35Text
  - MktPrctcVrsn Market Practice Version [0..1]MarketPracticeVersion1
    Identifies the market practice to which the message conforms.
    - Nm Name [1..1]Max35Text
      Market practice, for example, “UKTRANSFERS”, “FINDELSLT”.
    - Dt Date [0..1]ISOYearMonth
      Year and month, for example, 2013-06.
    - Nb Number [0..1]Max35Text
      Version of the market practice.
  - CpyDtls Copy Details [0..1]CopyInformation5
    Information provided when the message is a copy of a previous message.
    - CpyInd Copy Indicator [1..1]YesNoIndicator
      Indicates whether the message is a copy.
    - OrgnlRcvr Original Receiver [0..1]AnyBICDec2014Identifier
      Original receiver of the message, if this message is a copy.
  - Xtnsn Extension [0..*]Extension1
    Additional information that cannot be captured in the structured elements and/or any other specific block.
    - PlcAndNm Place And Name [1..1]Max350Text
      Name qualifying the information provided in the Text field, and place where this information should be inserted.
    - Txt Text [1..1]Max350Text
      Text of the extension.

Have a sese.003 message? Paste it into the parser to see every element with its name and definition, and format checks on BICs, IBANs, dates and amounts.

sese.003 questions

What is the latest version of sese.003?: The latest version in the ISO 20022 e-Repository release of 24 April 2025 is sese.003.001.09.
What is the root element of sese.003?: The XML document is Document with the namespace urn:iso:std:iso:20022:tech:xsd:sese.003.001.09, and its message element is TrfOutConf (TransferOutConfirmation).
Is there an MT equivalent of sese.003?: No Swift MT message is listed as its direct equivalent on this site. Many ISO 20022 messages have no MT counterpart.

All ISO 20022 messages · ISO 20022 code sets · MT messages

The ISO 20022 message definitions, element names and definitions on this page are reproduced from material published at iso20022.org under the ISO 20022 Intellectual Property Rights policy. This is not the official source: the up-to-date ISO 20022 standards and repository material are published only at iso20022.org. Explanations in our own words are by ZagTrader. ZagTrader is not affiliated with or endorsed by ISO or Swift.