DVP · MT 54x · reconciliation

📖 Settlement & SWIFT MT

Notes on post-trade — where money and securities actually change hands: the T→settlement lifecycle, the instruction model & shared reference data, MT 540–548, matching/netting/cut-offs, the settlement state machine, fails & exceptions, reconciliation and the operations runbook, plus the Vietnam context.

Sources: SWIFT MT Category 5 standards · ISO 15022 · hands-on custody & settlement operations notes · public CSD documentation.