SWIFT MESSAGES helpintrade July 2, 2012 banking 3 Comments Table of Swift Messages with Brief Description Category 1 – Customer Payments & Cheques MT MT Name Purpose 101 Request for Transfer Requests to debit a customer’s account held at another institution 102 / 102+ Multiple Customer Credit Transfer Conveys multiple payment instructions between financial institutions 103 / 103+ / 103 REMIT Single Customer Credit Transfer Instructs a funds transfer 104 Direct Debit and Request for Debit Transfer Message Conveys direct debit instructions and requests for direct debits between financial institutions 105 EDIFACT Envelope An envelope which conveys a 2k EDIFACT message 106 EDIFACT Envelope An envelope which conveys a 10k EDIFACT message 107 General Direct Message To order the debit of a debtor’s account and to collect payment from this account 110 Advice of Cheque(s) Advises or confirms the issuance of a cheque to the 111 Request for Stop Payment of a Cheque Requests the drawee bank to stop payment of a cheque 112 Status of a Request for Stop Payment of a Cheque Indicates action(s) taken in attempting to stop payment of a cheque 121 Multiple Interbank Funds Transfer Contains an EDIFACT FINPAY message Category 2 – Financial Institution Transfers MT MT Name Purpose 200 Financial Institution Transfer for its Own Account Requests the movement of the Sender’s funds to its account at another financial institution 201 Multiple Financial Institution Transfer for its Own Account Multiple of the MT 200 202 General Financial Institution Transfer Requests the movement of funds between financial institutions 203 Multiple General Financial Institution Transfer Multiple of the MT 202 105 EDIFACT Envelope An envelope which conveys a 2k EDIFACT message 106 EDIFACT Envelope An envelope which conveys a 10k EDIFACT message 204 Financial Markets Direct Debit Message Claims funds from SWIFT member banks 205 Financial Institution Transfer Execution Further transmits a transfer request domestically 206 Cheque Truncation Message Conveys information on one or more truncated cheques in order to debit or obtain credit under usual reserve 207 Request for Financial Institution Transfer Requests to debit an ordering financial institution’s account held at the receiving financial institution or the account servicing financial institution 210 Notice to Receive Notifies the Receiver that it will receive funds for theSender’s account 256 Advice of Non-Payment of Cheques Informs the Sender of one or more previously sent MT 206s of non-payment of one or more truncated cheques. It may also be used to specify dishonoured items that result in reversing a previous paymentsettlement 3 Responses penny stocks November 3rd, 2014 Hello There. I found your blog using msn. This is an extremely well written article. I’ll make sure to bookmark it and come back to read more of your useful information. Thanks for the post. I’ll definitely return. Log in to Reply helpintrade November 4th, 2014 thanks we are waiting for your comment and question to go through them in our new posts. Log in to Reply wow gold November 6th, 2014 These kind of wow gold are the best wow gold Since i in fact sold. I wouldn’t get a second wintry wow gold. They taken care of your base type in addition to desert like during the cold seasons climate. They are ideal for ideal, storm and also exceptional weather condition. Log in to Reply Leave a Reply Cancel ReplyYou must be logged in to post a comment.