ECB-PUBLIC Questions and Answers Question: Will it be also possible for the co-manager, in case of subscription, to receive a camt.054 when performing a liquidity transfer (camt.050), for instance debiting the co-managed accounts ? Or the co-manager will only receive camt.054 messages related to debits/credits that are not initiated by the co-manager? Context: When a co-manager instructs in CLM a liquidity transfer (camt.050), intra or inter service, for instance debiting the account holder, the co-manager will receive as an answer a camt.025. Answer: The co-manager will not receive a camt.054 debit notification when:
- it sends a camt.050 in A2A debiting the co-managed account - the co-managee sends a camt.050 in A2A debiting the co-managed account The co-manager will receive a camt.054 debit notification if : - It instructs a LT in U2A debiting the co-managed account - the co-managee instructs a LT in U2A debiting the co-managed account (provided the co-managee is not set up as a U2A party, in which case no camt.054 would be generated) 24 www.ecb.europa.eu ©