Send settlement instructions automatically and receive settlement updates
Note
This article is only applicable if your custody is Swedbank and you have connected FA to Swedbank (see Set up Swedbank bank and custody connection).
When sending settlement instruction files automatically to the custodian, the flow starts the same way as with the manual settlement flow.
Follow all the steps in the Create settlement instruction files section of the manual settlement flow.
Once you click Done in the last step of the manual flow, the settlement instruction files will be automatically sent to the custodian’s servers.
There might be a few minutes delay between creating the files and when the files are sent.
FA will automatically receive settlement status update files (MT548) from the custodian and process the transactions in FA accordingly.
There might be a few minutes delay between the custodian sending the files and FA processing them.