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To format an MT541 message for the Fedwire system, ensure that it complies with the SWIFT standards for securities messages. This includes specifying the transaction details in the appropriate fields, such as the transaction type, parties involved, and security details. Additionally, ensure that the message includes proper identifiers like ISIN or CUSIP for the securities involved. Lastly, refer to Fedwire's specific formatting guidelines and requirements, as they may have unique specifications for message submission.

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1mo ago

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