All counterparties have two options for submitting credit claims and debtor data: the online procedure and the file-transfer procedure. There is also a backup procedure for both types of submission.

Below we provide a selection of all relevant customer information letters, guidance notices and other information on the MACCs procedure.

It is necessary to have a counterparty pool in ECMS maintained by the Deutsche Bundesbank to be able to use MACCs. If such an account has already been set up, there are only a few steps that need to be taken to be able to submit credit claims under German law using the MACCs application.

The ExtraNet is the Deutsche Bundesbank’s e-business-platform. Each counterparty wishing to use MACCs must first register users with the relevant roles in ExtraNet.

The MACCs documentation contains important information on the submission of debtor and rating data as well as on the submission and administration of credit claims. 

Sicherheitenmanagementsystem des Eurosystems markiert bedeutenden Schritt für die
Harmonisierung der Sicherheitenverwaltung im Euroraum.

The Deutsche Bundesbank checks on a daily basis the eligibility of all of the securities admitted for trading or traded in Germany against the eligibility criteria and reports eligible securities to the ECB. Every business day (at 18.15), the ECB publishes its list of eligible marketable assets.