MT 103 Single Customer Credit Transfer

Standards MT November 2017

https://www2.swift.com/uhbonline/books/public/en_uk/us1m_20170720/in dex.htm?subpage=aia.htm

What Are SWIFT Payments?

SWIFT payments are a type of international transfer sent via the SWIFT international payment network.

The SWIFT international payment network is one of the largest financial messaging systems in the world. TransferWise can send or receive certain currencies via SWIFT payment.

Fees for SWIFT payments

Your bank will likely charge a fee to make a SWIFT transfer to TransferWise.

Make sure to inform your sending bank that although our account is in Europe, there’s no conversion necessary.

When the money is in transit, correspondent banks in between may deduct a handling fee.

We cannot deliver Amount Lock Transfers to your recipient.

Transfer times for SWIFT payment

SWIFT payments usually take 1-3 working days to reach their destination, however it is possible that they can take longer due to circumstances such as time differences between the sending and receiving country.

We also pay out via SWIFT for some currencies, which you can read about here.

The MT 103 is a General Use message, that is, no registration in a Message User Group (MUG) is necessary to send and receive this message. It allows the exchange of single customer credit transfers using all MT 103 fields. The MT 103 can be straight through processable if the message is properly formatted according to pre-agreed bilateral/multilateral rules.

Two variants of the MT 103 exist and these are documented separately:

The MT 103 STP is a general use message, that is, no registration in a MUG is necessary to send and receive this message. It allows for the exchange of single customer credit transfers using a network-validated, restricted set of fields and format options of the MT 103 to make it straight through processable.

The MT 103 REMIT requires registration in the Extended Remittance Information MUG. This MUG allows its subscribers to exchange MT 103 REMIT messages with an extended amount of remittance information in the additional field 77T Envelope Contents. This remittance information may optionally be exchanged in a non-SWIFT format, such as EDIFACT or ANSI-X12.

MT 103 Single Customer Credit Transfer单笔客户转账

MT103电文能通过三种方式交换，依赖电文使用的业务场景。

（1）核心MT103电文是一个通用电文，发送和接收此电文不需要在电文用户组（MUG）注册。允许使用所有MT103电文域来交换单客户转账，除了77T域（信封内容）。MT103电文如果是根据预先约定的双边/多边规则的格式，则可以直通处理。

（2） MT103+电文是一个通用电文，发送和接收此电文不需要在电文用户组（MUG）注册。允许使用MT103电文中的域和格式采取严格的网络校验规则实现单笔客户转账电文交换的直通处理。MT103+电文是核心MT103电文的兼容子集，并且MT103电文分别记录。

（3） MT103电文延伸汇款信息，电文用户组（MUG）允许会员交换77T域包含延伸汇款金额信息的MT103电文。这种汇款信息可选择是否采取非SWIFT格式，比如EDIFACT 或者ANSI-X12。

希望使用MT103电文来交换延伸汇款数据（多达9000个特征）发报行和收报行将会注册电文用户组（MUG）的延伸汇款信息。

所有三种MT103电文交换方式可在全球范围内使用。允许欧洲金融机构遵守欧洲监管法规，当发报行和收报行的BIC代码中的国别代码在以下清单中是引入附加网络校验规则：AD, AT, BE, BG, BV, CH, CY, CZ, DE, DK, ES, EE, FI, FR, GB, GF, GI,GP, GR, HU, IE, IS, IT, LI, LT, LU, LV, MC, MQ, MT, NL, NO, PL, PM, PT, RE, RO,SE, SI, SJ, SK, SM, TF和VA.。

对欧洲的附加网络校验：

（1）在MT103电文中：33B域币种/指示金额为必输项

（2）在MT103+电文中：33B域币种/指示金额为必输项。当发报行和收报行的BIC代码中的国别代码在以上清单，以及57A域金融机构BIC码存在时，59a域受益人的子域1（账户）的IBAN账号是必输项。

当不受此附加网络验证影响时，以适当格式的有效账号可以是STP。

MT103范围

此电文由汇款人的金融机构或代表汇款人的金融机构直接或通过代理行发送给受益人的金融机构。

用于传达资金转移指令，其中汇款人或者收款人，或者两者，从发报行的角度来看是非金融机构。

此电文可能仅用于单纯的支付指令。不能用于通知汇出行诸如支票、托收等方式的付款，也不能为已另行完成的交易提供担保。

MT103格式说明

状态

域

域名

中文域名

定义

内容/选项

序号

注意事项

Sender’s Reference

发报行编号

发报行明确标识电文的编号

16x

不能以“/”开头或者结束，不能出现连续的两个“/”

编号必须在相关确认书（MT900、MT910）或对账单（MT950）中引用

13C

Time Indication

时间标识

此重复字段指定与支付指令处理相关的一个或多个时间指示。

/8c/4!n1!x4!n

Eg：

:13C:/CLSTIME/0915+0100

CLSTIME 资金支付贷记、确认到中央银行账户的时间，采用欧洲中部时间表示

RNCTIME 目标支付款项贷记到中央银行的时间，采用欧洲中部时间表示

SNDTIME目标支付款项借记出中央银行的时间，采用欧洲中部时间表示

23B

Bank Operation Code

银行操作码

4!c

CRED包含没有SWIFT服务的贷记转账

CRTS包含测试目的

SPAY包含根据SWIFTPay服务处理的贷记转账

SPRI包含根据优先服务级处理的贷记转账

SSTD包含根据标准服务级处理的贷记转账

23E

Instruction Code

指令代码

指定指令

4!c[/30x]

SDVAZ支付必须以相同的日期支付给受益人

INTC用于公司内部支付，即在同属于一个集团的两个公司之间支付

REPA支付有相关的电子支付编号

CORT换汇交易、证券交易等贸易收汇支付

HOLD受益客户/索赔人将会请求，凭身份证付款

CHQB仅通过支票支付给受益客户。59a域的可选账户号不能使用。

PHOB请通过电话通知/联系受益人/索赔人

TELB请通过最有效的联系方式通知/联系受益人/索赔人

PHON请通过电话通知账户行

TELE请通过最有效的联系方式通知账户行

PHOI请通过电话通知中间行

TELI请通过最有效的联系方式通知中间行

26T

Transaction Type Code

交易类型代码

标识单个交易的属性、目的、愿意，例如工资、养老金、股利

3!c

Eg:

:26T:K90

代码来源于EUROSTAT

32A

Value Date/Currency/Interbank Settled Amount

起息日/币种/同业结算金额

结算金额是银行同业拆借的金额

6!n3!a15d

Eg:

:32A:981209USD1000,00

33B

Currency/Instructed Amount

币种/指示金额

指示金额是用于提供信息目的的，在交易链中保持不变

3!a15d

Eg:

:33B:USD1000,00

Exchange Rate

汇率

用于转换序列B中33B域指定的金额的汇率

12d

Eg：

:36:0,9236

50a

Ordering Customer

汇款人

A, F, or K

F: 35x 标识符

4*35x 姓名地址

G: /34x 账号

4!a2!a2!c[3!c]非

金融机构BIC Code

H: /34x 账号

4*35x 姓名地址

51A

Sending Institution

发报行

汇出行/发报机构

[/1!a][/34x]

4!a2!a2!c[3!c]

Eg:

:51A:ABNANL2A

此域只在FileAct中有效

52a

Ordering Institution

汇款机构

发报行以外的指示发报行转移交易的金融机构，即使50a包含IBAN

A or D

Eg:

:52A:ABNANL2A

53a

Sender's Correspondent

发报行代理行

必要时，代发报行偿付款项给客户

A, B, or D

[/1!a][/34x]

4!a2!a2!c[3!c]

[/1!a][/34x]

[35x] D:

[/1!a][/34x]

4*35x

54a

Receiver's Correspondent

收报行代理行

必要时，用于接收款项的收报行的代理行

A, B, or D

55a

Third Reimbursement Institution

第三方偿付机构

指明收报行的分行，当资金通过提供给除了53a域标识的的这个分支机构以外的其他金融机构时。

A, B, or D

56a

Intermediary Institution

中间行

指明交易必须通过其才能接触到账户行的金融机构

A, C, or D

57a

Account With Institution

账户行

服务受益人账户的金融机构

A, B, C, or D

59a

Beneficiary Customer

受益人

收款人

No letter option or A

Remittance Information

汇款信息

单笔交易详情

4*35x

71A

Details of Charges

费用详情

BEN/OUR/SHA

3!a

BEN由受益人承担

OUR由汇款人承担

SHA除汇款人账户账户行的费用外，其他的费用由受益人承担

71F

Sender's Charges

发报行费用

发报行或者交易链中前面银行的费用

3!a15d

71G

Receiver's Charges

收报行费用

收报行的费用

3!a15d

Sender to Receiver Information

附加信息

发报行发给收报行的信息

6*35x

77B

Regulatory Reporting

监管报告

收报行或者发报行/原客户所在国要求的监管代码

3*35x

77T

Envelope Contents

信封内容

此域包含不同格式的延伸汇款信息。此域内容取决于汇款人和收款人之间的双边协议。

9000z

Eg:

:77T:/UEDI/UNH+123A5+FINPAY:D:98A:UN'DOC+ ...

ANSI 此域为ANSI/X12格式

NARR此域为摘要文本

SWIF此域与电文70域的结构相匹配，可使用多个参考编号。

UEDI此域内容为UN-EDIFACT格式

MT103网络校验规则

C1：如果33B域存在且币种代码与32域币种代码不同，则36域必须存在，否则36域禁输。

C2：如果发报行和收报行的BIC码中的国别代码在以下清单中：AD, AT, BE, BG, BV, CH, CY, CZ, DE, DK, ES, EE, FI, FR, GB, GF, GI,GP, GR, HU, IE, IS, IT, LI, LT, LU, LV, MC, MQ, MT, NL, NO, PL, PM, PT, RE, RO,SE, SI, SJ, SK, SM, TF 和VA，则33B域为必输域，否则，33B域为可选项。

C3：如果23B域包含SPRI，23E可能只包含SDVA,TELB, PHOB, INTC。

如果23B域包含SSTD 或SPAY中的一个，则23E域禁填。

C4：如果23B域包含SPRI, SSTD或SPAY中的一个，则53a域不可采用选项D。

C5：如果23B域包含SPRI, SSTD或SPAY中的一个并且53a域选项为B，则53B域的Party Identifier必须存在。

C6：如果23 B域包含SPRI, SSTD或SPAY中的一个，则54a域只能采用选项A。

C7：如果55a存在，则53a和54a都必须存在。

C8：如如果23B域包含SPRI, SSTD或SPAY中的一个，55a域只能选A。

C9：如果56a存在，则57a域必须存在。

C10：如果23B域包含SPRI，则56a不可存在。

如果23B域包含SSTD 或SPAY中的一个，56a域只能选择A或者C。如果选C，则必须包含一个清算代码。

C11：如果23B域包含SPRI, SSTD或SPAY中的一个，57a域可能选择A、C、D。选择D时，子域1（Party Identifier）必须存在。

C12：如果23B域包含SPRI, SSTD或SPAY中的一个，59a域受益人的子域1（Account账户）必须存在。

C13：如果23E任何域包含CHQB代码，59a域受益人的子域1（Account账户）不允许填写。

C14：70域和77T域互相排斥。

C15：如果71A域包含OUR，则71F域禁填，71G域可选。

如果71A域包含SHA，则71F域可选，71G域禁填。

如果71A域包含BEN，则至少一个事件的71F域为必输域，71G域禁填。

C16：如果71F域（至少一个事件）或者71G域存在，则33B域为必输域，否则33B域为可选项。

注意1：71F域和71G域的存在也到C15网络校验规则的监管。

注意2：33B域的存在也受到C2网络校验规则的监管。

C17：如果56a域不存在，则没有23E域包含TELI或者PHOI。

C18：如果57a域不存在，则没有23E域包含TELE或者PHOI。

C19：71G域和32A域的币种必须相同。

MT103使用规则

只有电文的发报行和收报行都加入了延伸汇款信息组MUG组，77T域才能使用。发报行和收报行都必须同意MT103电文使用77T域进行电文交换。如果77T域使用了，则发报行必须在电文头部的用户信息119域设置校验标志为REMIT。如果为使用77T域，则校验标志代码不能为REMIT。

72域只有当它是结构化时才能存在，即，仅包含编码信息。

当通过FileAct软件发送电文时，机构应该在最大电文大小达成一致。

数量相关域使用规则

数量相关域33B, 36, 71G, 71F和32A的逻辑表达关系可能满足如下公式：

33B域指示金额，随着36域汇率调整，加上71G收报行费用，减去71F发报行费用，等于32A域同业结算金额。

以上域的存在取决于C1、C2、C15、C16规则的条件。如果其中一个域不存在，则该域不纳入计算公式，如果71F域存在多次，则所有事件的71F域都纳入计算公式。

案例：交易A

(1) 支付等值1000.00欧元的英镑给英国的收款人。

(2) 汇率：1欧元=0.61999英镑

(3) 发报行交易费用：5.0欧元（=3.10英镑）

(4) 收报行交易费用：4.0英镑（=6.45欧元）

案例A1：费用选项为OUR

1、借记汇款人账户金额

指示金额 EUR 1000.00

+ 发报行费用 EUR 5.00

+ 收报行费用 EUR 6.45

=借记金额 EUR 1011.45

2、MT103各域值：

域标签

内容

33B

EUR

1000.00

71A

OUR

71G

GBP

4.00

0.61999

32A

GBP

623.99

3、随后的MT950报文显示一个623.99英镑的借记路径，即32A域。

4、贷记给收款人的金额：

同业结算金额 GBP 623.99

- 收报行费用 GBP 4.00

= 贷记金额 GBP 619.99

案例A2：费用选项为SHA

1、借记汇款人账户金额

指示金额 EUR 1000.00

+ 发报行费用 EUR 5.00

=借记金额 EUR 1005.00

2、MT103各域值：

域标签

内容

33B

EUR

1000.00

71A

SHA

0.61999

32A

GBP

619.99

3、随后的MT950报文显示一个619.99英镑的借记路径，即32A域。

4、贷记给收款人的金额：

同业结算金额 GBP 619.99

- 收报行费用 GBP 4.00

= 贷记金额 GBP 615.99

案例A3：费用选项为BEN

1、借记汇款人账户金额

指示金额 EUR 1000.00

= 借记金额 EUR 1000.00

2、MT103各域值：

域标签

内容

33B

EUR

1000.00

71A

BEN

71F

GBP

3.1

0.61999

32A

GBP

616.89

3、随后的MT950报文显示一个616.89英镑的借记路径，即32A域。

4、贷记给收款人的金额：

同业结算金额 GBP 619.99

- 发报行费用 GBP 3.10

- 收报行费用 GBP 4.00

= 贷记金额 GBP 612.89

案例：交易B

(1) 支付1000.00英镑给英国的收款人。

(2) 汇率：1欧元=0.61999英镑

(3) 发报行交易费用：5.0欧元（=3.10英镑）

(4) 收报行交易费用：4.0英镑（=6.45欧元）

(5) 汇款人有个欧元账户

(6) 发报行和收报行BIC码在EU国别名单上

案例B1：费用选项为OUR

1、借记汇款人账户金额

借记欧元账户

等值指示金额 EUR 1612.93

+ 发报行费用 EUR 5.00

+ 收报行费用 EUR 6.45

=借记金额 EUR 1624.38

2、MT103各域值：

域标签

内容

33B

GBP

1000.00

71A

OUR

71G

GBP

4.00

32A

GBP

1004.00

32A与33B域币种相同时36域汇率可以不使用。

3、随后的MT950报文显示一个1004英镑的借记路径，即32A域。

4、贷记给收款人的金额：

指示金额 GBP 1000.00

= 贷记金额 GBP 1000.00

案例B2：费用选项为SHA

1、借记汇款人账户金额

借记欧元账户

等值指示金额 EUR 1612.93

+ 发报行费用 EUR 5.00

=借记金额 EUR 1617.93

2、MT103各域值：

域标签

内容

33B

GBP

1000.00

71A

SHA

32A

GBP

1000.00

3、随后的MT950报文显示一个1000英镑的借记路径，即32A域。

4、贷记给收款人的金额：

32A域金额 GBP 1000.00

- 收报行费用 GBP 4.00

= 贷记金额 GBP 996.00

案例B3：费用选项为BEN

1、借记汇款人账户金额

等值指示金额 EUR 1612.93

= 借记金额 EUR 1612.93

2、MT103各域值：

域标签

内容

33B

GBP

1000.00

71A

BEN

71F

GBP

3.1

32A

GBP

996.90

3、随后的MT950报文显示一个996.90英镑的借记路径，即32A域。

4、贷记给收款人的金额：

指示金额 GBP 1000.00

- 发报行费用 GBP 3.10

- 收报行费用 GBP 4.00

= 贷记金额 GBP 992.90

MT103电文参考

如果发报行和收报行希望使用转账币种的直接账户关系，则MT103电文将包含覆盖客户转账和支付详情。

如果发报行和收报行之间无转账币种的直接账户关系或者不希望使用他们之间的账户关系，则第三方银行将会参与到交易中。MT103电文仅包含支付详情并且发报行必须通过发送MT202COV通用金融机构转账电文到第三方银行来覆盖客户转账。这种支付方式称为“cover”。

当支付链中涉及两个以上金融机构时，如果MT103电文由一个金额机构发给链条中的另一个金融机构，则这种支付方式称为“serial”。

如果收款人在收报行未开立账户，并且也未标识账户服务机构，也未给出任何可选指示，则收报行将会根据客户转账指示采取合适的方式执行。

为了收款人更好的理解，MT103电文支持完成的费用透明性和结构化汇款信息。

为了收报行更好的理解，MT103电文提供了发报行或者收报行同业账户记账的明确指示。

MT103电文提供给发报行识别电文中服务请求级别的能力，即为收报行期望的特别支付的服务，例如SWIFTPay，标准、有限或者其他双边协议的服务。

电文允许需要监管报告的国家包含监管信息。

Swift Code is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also used the codes for exchanging other messages between them.

The Swift code consists of 8 or 11 characters. When 8-digits code is given, it refers to the primary office. The code formatted as below;

AAAA BB CC DDD

First 4 characters - bank code (only letters)

Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)

Next 2 characters - location code (letters and digits) (passive participant will have "1" in the second character)

Last 3 characters - branch code, optional ('XXX' for primary office) (letters and digits)

The registrations of Swift Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademarks of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

Swift Code or BIC code are part of ISO 9362 standards. It is a standard format of Business Identifier Codes (“BIC”). BIC sometimes also refers to “Bank Identifier Code”.

Swift Code or BIC Code is a unique code to identify financial and non-financial institutions. These codes are mostly used when transferring money between banks, especially for international wire transfers or telegraphic transfer (“TT”). The codes are also used in exchanging messages between banks.

For individual users, SWIFT Code normally used to transmit money across the international border.

Certain part of the world, especially in the Europe, Middle East & Caribbean countries adopted to use International Bank Account Number (IBAN) for international fund transfer. Remember to use IBAN if you are doing fund transfer to these countries.

IBAN format is very long, and it can be up to 34 characters. In order to avoid a mistake, it is wise to validate IBAN number prior making international fund transfer.

It is possible to calculate IBAN from an existing bank account number by using online IBAN Calculator. The required informations are depending on the specific countries, but normally, account number, bank code and branch codes are needed.

Some countries also implement domestic bank code or clearing system to transfer money within their own border. Examples are, Routing Number in United States (“USA”), Routing Number or Transit Number in Canada, Sort Codes in United Kingdom (“UK”), National Sort Codes (NSC) in Ireland, Bankleitzahl (“BLZ Codes”) in Germany, Bankenclearing-Nummer (“BC“) & SIX Interbank Clearing Codes (“SIC”) in Switzerland, Code Banque & Code Guichet In France, Codice ABI (“ABI“) & Codice di Avviamento Bancario (“CAB Code“) in Italy, Bank State Branch (BSB number) in Australia, Bank State Branch (BSB number) in New Zealand and Indian Financial System Code (“IFSC Code“) in India.

MT 103 Network Validated Rules

If field 33B is present and the currency code is different from the currency code in field 32A, field 36 must be present, otherwise field 36 is not allowed (Error code(s): D75).

If field 33B is ...And currency code in field 33B is ...Then field 36 is ...

PresentNot equal to currency code in field 32AMandatory

Equal to currency code in field 32ANot allowed

Not presentNot applicableNot allowed

If the country codes of the Sender's and the Receiver's BICs are within the following list: AD, AT, BE, BG, BV, CH, CY, CZ, DE, DK, ES, EE, FI, FR, GB, GF, GI, GP, GR, HU, IE, IS, IT, LI, LT, LU, LV, MC, MQ, MT, NL, NO, PL, PM, PT, RE, RO, SE, SI, SJ, SK, SM, TF and VA, then field 33B is mandatory, otherwise field 33B is optional (Error code(s): D49).

If country code of Sender's BIC equals one of the listed country codesAnd country code of Receiver's BIC equals one of the listed country codesThen field 33B is ...

YesYesMandatory

YesNoOptional

NoYesOptional

NoNoOptional

Note: See also Network Validated Rule C15 (Error code(s): D51).

If field 23B contains the code SPRI, field 23E may contain only the codes SDVA, TELB, PHOB, INTC (Error code(s): E01).

If field 23B contains one of the codes SSTD or SPAY, field 23E must not be used (Error code(s): E02).

If field 23B is ...Then field 23E is ...

SPRIOptional. It can contain only SDVA, TELB, PHOB or INTC

SSTDNot allowed

SPAYNot allowed

Not equal to SPRI, SSTD and SPAYOptional

If field 23B contains one of the codes SPRI, SSTD or SPAY, field 53a must not be used with option D (Error code(s): E03).

If field 23B is ...Then field 53a ...

SPRI, SSTD or SPAYMust not be used with option D

If field 23B contains one of the codes SPRI, SSTD or SPAY and field 53a is present with option B, Party Identifier must be present in field 53B (Error code(s): E04).

If field 23B contains one of the codes SPRI, SSTD or SPAY, field 54a may be used with option A only (Error code(s): E05).

If field 23B is ...Then field 54a ...

SPRI, SSTD or SPAYMay be used with option A only

If field 55a is present, then both fields 53a and 54a must also be present (Error code(s): E06).

If field 55a is ...Then field 53a is ...And field 54a is ...

PresentMandatoryMandatory

Not presentOptionalOptional

If field 23B contains one of the codes SPRI, SSTD or SPAY, field 55a may be used with option A only (Error code(s): E07).

If field 23B is ...Then field 55a ...

SPRI, SSTD or SPAYMay be used with option A only

If field 56a is present, field 57a must also be present (Error code(s): C81).

If field 56a is ...Then field 57a is ...

PresentMandatory

Not presentOptional

C10

If field 23B contains the code SPRI, field 56a must not be present (Error code(s): E16).

If field 23B contains one of the codes SSTD or SPAY, field 56a may be used with either option A or option C. If option C is used, it must contain a clearing code (Error code(s): E17).

If field 23B is ...Then field 56a is ...

SPRINot allowed

SSTD or SPAYAllowed with option A or C only (if option C: clearing code must be used)

C11

If field 23B contains one of the codes SPRI, SSTD or SPAY, field 57a may be used with option A, option C or option D. Subfield 1 (Party Identifier) in option D must be present (Error code(s): E09).

If field 23B is ...Then field 57a is ...

SPRI, SSTD or SPAYAllowed only with options A, C or D (In option D: Party Identifier is mandatory)

C12

If field 23B contains one of the codes SPRI, SSTD or SPAY, subfield 1 (Account) in field 59a Beneficiary Customer is mandatory (Error code(s): E10).

C13

If any field 23E contains the code CHQB, subfield 1 (Account) in field 59a Beneficiary Customer is not allowed (Error code(s): E18).

C14

If field 71A contains OUR, then field 71F is not allowed and field 71G is optional (Error code(s): E13).

If field 71A is ...Then field 71F is ...And field 71G is ...

OURNot allowedOptional

If field 71A contains SHA, then field(s) 71F is(are) optional and field 71G is not allowed (Error code(s): D50).

If field 71A is ...Then field(s) 71F is(are) ...And field 71G is ...

SHAOptionalNot allowed

If field 71A contains BEN, then at least one occurrence of field 71F is mandatory and field 71G is not allowed (Error code(s): E15).

If field 71A is ...Then field 71F is ...And field 71G is ...

BENMandatory (at least one occurrence)Not allowed

C15

If either field 71F (at least one occurrence) or field 71G is present, then field 33B is mandatory, otherwise field 33B is optional (Error code(s): D51).

Note 1: The presence of both fields 71F and 71G is also regulated by the network validated rule C14 (Error code(s): E13,D50,E15).

Note 2: The presence of field 33B is also regulated by the Network Validated Rule C2 (Error code(s): D49).

C16

If field 56a is not present, no field 23E may contain TELI or PHOI (Error code(s): E44).

If field 56a is ...Then no occurrence of

field 23E

subfield 1 may contain ...

Not presentTELI or PHOI

C17

If field 57a is not present, no field 23E may contain TELE or PHON (Error code(s): E45).

If field 57a is ...Then no occurrence of

field 23E

subfield 1 may contain ...

Not presentTELE or PHON

C18

The currency code in the fields 71G and 32A must be the same (Error code(s): C02).

MT 103 Examples

MT 103 Examples for the MT 103, used outside any Service Level Agreements

Example 1.1: Single Customer Credit Transfer with Direct Account Relationship

Narrative

Biodata G.m.b.H. orders UBS, Zürich, to pay euro 1,958.47 to ABN Amro Bank, Amsterdam, for the account of H.F. Janssen.

Information Flow

SWIFT Message

ExplanationFormat

SenderUBSWCHZH80A

Message Type103

ReceiverABNANL2A

Message text

Sender's Reference:20:494931/DEV

Bank Operation Code:23B:CRED

Value Date, Currency, Interbank Settled Amount:32A:090828EUR1958,47

Currency, Instructed Amount:33B:EUR1958,47

Ordering Customer:50K:/122267890

BIODATA GMBH

HOCHSTRASSE, 27

8022-ZURICH

SWITZERLAND

Beneficiary Customer:59:/502664959

H.F. JANSSEN LEDEBOERSTRAAT 27

AMSTERDAM

Details of Charges:71A:SHA

End of message text/trailer

Note: No reimbursement party has been indicated in the above message. The direct account relationship, in the currency of the transfer, between the Sender and the Receiver will be used.

Example 1.2: Single Customer Credit Transfer Specifying Account for Reimbursement

Narrative

Biodata G.m.b.H. orders UBS, Zürich, to pay euro 1,958.47 to ABN Amro Bank, Amsterdam, for the account of H.F. Janssen, in payment of invoice number 18042 dated 15 July 2009.

As there is more than one account relationship in the currency of the transfer between the Sender and Receiver, UBS, Zürich specifies that account number 21 94 29 055 should be used for reimbursement.

UBS, Zürich, knows that ABN Amro Bank, Amsterdam, will charge euro 2.50 to execute this transaction.

Information Flow

SWIFT Message

ExplanationFormat

SenderUBSWCHZH80A

Message Type103

ReceiverABNANL2A

Message text

Sender's Reference:20:494932/DEV

Bank Operation Code:23B:CRED

Value Date, Currency, Interbank Settled Amount:32A:090828EUR1960,97

Currency, Instructed Amount:33B:EUR1958,47

Ordering Customer:50K:/122267890

BIODATA GMBH

HOCHSTRASSE, 27

8022-ZURICH

SWITZERLAND

Sender's Correspondent (1) :53B:/219429055

Beneficiary Customer:59:/502664959

H.F. JANSSEN LEDEBOERSTRAAT 27

AMSTERDAM

Remittance Information (2) :70:/INV/18042-090715

Details of Charges:71A:OUR

Receiver's Charges:71G:EUR2,50

End of message text/trailer

(1) Field 53B indicates the account number of the Sender's account, serviced by the Receiver, which is to be used for reimbursement in the transfer.

(2) As the Reference for the beneficiary is an invoice number, the code /INV/ is used, followed by the invoice number.

Example 1.3: Single Customer Credit Transfer with Ordering and Account With Institutions

Narrative

Franz Holzapfel G.m.b.H. orders Finanzbank AG, Eisenstadt, to pay, value 28 August 2009, US Dollars 850 into C. Won's account number 729615-941 with Oversea-Chinese Banking Cooperation, Singapore. The payment is for July 2009 expenses.

Finanzbank AG, Eisenstadt, asks Bank Austria, Vienna, to make the payment. Both Bank Austria, Vienna, and Oversea-Chinese Banking Cooperation, Singapore, have their US dollars account at Citibank's New York office.

Both customers agree to share the charges. Citibank charges US Dollars 10.

Information Flow

First SWIFT Message, MT 103

ExplanationFormat

SenderBKAUATWW

Message Type103

ReceiverCITIUS33

Message text

Sender's Reference:20:494938/DEV

Bank Operation Code:23B:CRED

Value Date, Currency, Interbank Settled Amount:32A:090828USD850,

Ordering Customer:50F:/942267890

1/FRANZ HOLZAPFEL GMBH

2/GELBSTRASSE, 13

3/AT/VIENNA

Ordering Institution:52D:FINANZBANK AG

EISENSTADT

Account With Institution:57A:OCBCSGSG

Beneficiary Customer:59F:/729615-941

1/C.WON

2/PARK AVENUE 1

3/SG

Remittance Information:70:JULY 2009 EXPENSES

Details of Charges:71A:SHA

End of message text/trailer

Mapping

The following illustrates the mapping of the first MT 103 onto the next MT 103:

Second SWIFT Message, MT 103

ExplanationFormat

SenderCITIUS33

Message Type103

ReceiverOCBCSGSG

Message text

Sender's Reference:20:MSPSDRS/123

Bank Operation Code:23B:CRED

Value Date, Currency, Interbank Settled Amount:32A:090828USD840,

Currency, Instructed Amount:33B:USD850,

Ordering Customer:50F:/942267890

1/FRANZ HOLZAPFEL GMBH

2/GELBSTRASSE, 13

3/AT/VIENNA

Ordering Institution:52D:FINANZBANK AG

EISENSTADT

Beneficiary Customer:59F:/729615-941

1/C.WON

2/PARK AVENUE 1

3/SG

Remittance Information:70:JULY 2009 EXPENSES

Details of Charges:71A:SHA

Sender's Charges:71F:USD10,

Sender to Receiver Information:72:/INS/BKAUATWW

End of message text/trailer

Example 1.4: Single Customer Credit Transfer with Reimbursement Through Two Institutions

Narrative

Value August 28, 2009, Franz Holzapfel G.m.b.H. orders Bank Austria, Vienna, to pay US Dollars 1,121.50 to C. Klein, Bloemengracht 15, Amsterdam, whose account number 72 34 91 524 is with ABN Amro Bank, Amsterdam. The beneficiary is to be notified by phone at 20.527.19.60.

Bank Austria uses reference 394882.

This transfer may be sent via SWIFT using one of the following methods:

Sent to the party closest to the beneficiary, through several reimbursement institutions

Sent to the next party in the transfer.

Note: The alternative selected is dependent on correspondent relationships and financial practice in the countries involved.

Method 1 SWIFT MT 103 to the Party Closest to the Beneficiary

Bank Austria sends the following messages:

A customer transfer to ABN Amro Bank, Amsterdam.

A cover message for the US dollar payment, which is provided through Chase Manhattan Bank, New York, to ABN Amro Bank, New York.

Message A SWIFT MT 103 Single Customer Credit Transfer

Information Flow

SWIFT Message, MT 103

ExplanationFormat

SenderBKAUATWW

Message Type103

ReceiverABNANL2A

Message text

Sender's Reference:20:394882

Bank Operation Code:23B:CRED

Instruction Code:23E:PHOB/20.527.19.60

Value Date, Currency, Interbank Settled Amount:32A:090828USD1121,50

Currency, Instructed Amount:33B:USD1121,50

Ordering Customer:50F:/942267890

1/FRANZ HOLZAPFEL GMBH

2/GELBSTRASSE, 13

3/AT/VIENNA

Sender's Correspondent (1) :53A:CHASUS33

Receiver's Correspondent (2) :54A:ABNAUS33

Beneficiary Customer:59F:/723491524

1/C. KLEIN

2/BLOEMENGRACHT 15

3/NL/AMSTERDAM

Details of Charges:71A:SHA

End of message text/trailer

(1) Field 53A indicates the institution which is to provide the funds to the Receiver on behalf of the Sender.

(2) Field 54A is the receiver's correspondent - the institution which will receive the funds on behalf of the Receiver.

Mapping

Message B SWIFT MT 202 COV (Cover message)

Information Flow

SWIFT Message, MT 202 COV

ExplanationFormat

SenderBKAUATWW

Message Type202

ReceiverCHASUS33

Validation Flag119:COV

Message Text: General Information

Transaction Reference Number:20:203998988

Related Reference (1) :21:394882

Value Date, Currency Code, Amount:32A:090828USD1121,50

Account With Institution:57A:ABNAUS33

Beneficiary Institution:58A:ABNANL2A

Underlying Customer Credit Transfer Details

Ordering Customer:50F:/942267890

1/FRANZ HOLZAPFEL GMBH

2/GELBSTRASSE, 13

3/AT/VIENNA

Beneficiary Customer:59F:/723491524

1/C. KLEIN

2/BLOEMENGRACHT 15

3/NL/AMSTERDAM

Currency, Instructed Amount:33B:USD1121,50

End of message text/trailer

(1) The related reference is the Sender's reference of the Single Customer Credit Transfer.

Method 2 SWIFT MT 103 to the Next Party in the Transaction

Message A SWIFT MT 103 Single Customer Credit Transfer

Information Flow

SWIFT Message, MT 103

ExplanationFormat

SenderBKAUATWW

Message Type103

ReceiverCHASUS33

Message text

Sender's Reference:20:394882

Bank Operation Code:23B:CRED

Instruction Code:23E:PHOB/20.527.19.60

Value Date, Currency, Interbank Settled Amount:32A:090828USD1121,50

Ordering Customer:50F:/942267890

1/FRANZ HOLZAPFEL GMBH

2/GELBSTRASSE, 13

3/AT/VIENNA

Intermediary Institution (1) :56A:ABNAUS33

Account With Institution (2) :57A:ABNANL2A

Beneficiary Customer:59F:/723491524

1/C. KLEIN

2/BLOEMENGRACHT 15

3/NL/AMSTERDAM

Details of Charges:71A:SHA

End of message text/trailer

(1) The intermediary institution, ABN Amro Bank, New York, will receive the funds from the Receiver of this message, Chase Manhattan Bank, New York.

(2) ABN Amro Bank, Amsterdam, will receive the funds from the intermediary institution, its New York office, for credit to the beneficiary's account.

Mapping

Message B 2nd SWIFT MT 103 (or its equivalent domestic clearing message)

Information Flow

SWIFT Message, MT 103

ExplanationFormat

SenderCHASUS33

Message Type103

ReceiverABNAUS33

Message text

Sender's Reference:20:52285724

Bank Operation Code:23B:CRED

Instruction Code:23E:PHOB/20.527.19.60

Value Date, Currency, Interbank Settled Amount:32A:090828USD1111,50

Currency, Instructed Amount:33B:USD1121,50

Ordering Customer:50F:/942267890

1/FRANZ HOLZAPFEL GMBH

2/GELBSTRASSE, 13

3/AT/VIENNA

Ordering Institution (1) :52A:BKAUATWW

Account With Institution (2) :57A:ABNANL2A

Beneficiary Customer:59F:/723491524

1/C. KLEIN

2/BLOEMENGRACHT 15

3/NL/AMSTERDAM

Details of Charges:71A:SHA

Sender's Charges:71F:USD10,

End of message text/trailer

(1) The Sender of the initial MT 103 is Bank Austria, Vienna, which is the ordering institution in all subsequent messages.

(2) ABN Amro Bank, Amsterdam, will receive the funds from the Receiver of this message, its New York office, for credit to the beneficiary's account.

Message C 3rd SWIFT MT 103

Information Flow

SWIFT Message, MT 103

ExplanationFormat

SenderABNAUS33

Message Type103

ReceiverABNANL2A

Message text

Sender's Reference:20:5387354

Bank Operation Code:23B:CRED

Instruction Code:23E:PHOB/20.527.19.60

Value Date, Currency, Interbank Settled Amount:32A:090828USD1101,50

Currency, Instructed Amount:33B:USD1121,50

Ordering Customer:50F:/942267890

1/FRANZ HOLZAPFEL GMBH

2/GELBSTRASSE, 13

3/AT/VIENNA

Ordering Institution (1) :52A:BKAUATWW

Beneficiary Customer:59F:/723491524

1/C. KLEIN

2/BLOEMENGRACHT 15

3/AMSTERDAM

Details of Charges:71A:SHA

Sender's Charges:71F:USD10,

Sender to Receiver Information:72:/INS/CHASUS33

End of message text/trailer

(1) The Sender of the initial MT 103 is Bank Austria, Vienna, which is the ordering institution in all subsequent messages.

Example 1.5: Single Customer Credit Transfer with Three Reimbursement Institutions

Narrative

Gian Angelo Imports, Naples, orders Banca Commerciale Italiana, Naples, to pay, value 12 June 2009, US Dollars 5,443.99 to Banque Nationale de Paris, Grenoble, for account number 20041 01005 0500001M026 06 of Killy S.A., Grenoble, in payment of invoice 559661.

Banca Commerciale Italiana, Milan, makes the US Dollar payment through its US correspondent, Banca Commerciale Italiana, New York, under reference 8861198-0706.

Payment is to be made to Banque Nationale de Paris, Paris, in favour of Banque Nationale de Paris, Grenoble, through its US correspondent, Bank of New York, New York.

This transfer may be sent via SWIFT using one of the following methods:

Message sent to party closest to the beneficiary, using a third reimbursement institution.

Message sent through several reimbursement institutions, using an account with institution.

Message sent to the next party in the transaction.

Note: Although this transfer may also be sent to the next party in the transaction, this method is not illustrated here.

The alternative selected is dependent on correspondent relationships and financial practice of the countries involved.

Method 1 Message Sent to Party Closest to the Beneficiary, Using a Third Reimbursement Institution

Message A SWIFT MT 103 Single Customer Credit Transfer

Information Flow

SWIFT Message, MT 103

ExplanationFormat

SenderBCITITMM

Message Type103

Receiver (1) BNPAFRPPGRE

Message text

Sender's Reference:20:8861198-0706

Bank Operation Code:23B:CRED

Value Date, Currency, Interbank Settled Amount:32A:090612USD5443,99

Currency, Instructed Amount:33B:USD5443,99

Ordering Customer:50F:/14578267890

1/GIAN ANGELO IMPORTS

2/LUNGO MORE 5

3/IT/NAPLES

Ordering Institution:52A:BCITITMM500

Sender's Correspondent (2) :53A:BCITUS33

Receiver's Correspondent (3) :54A:IRVTUS3N

Third Reimbursement Institution:55A:BNPAFRPP

Beneficiary Customer:59F:/20041010050500001M02606

1/KILLY S.A.

3/FR/GRENOBLE

Remittance Information (4) :70:/INV/559661

Details of Charges:71A:SHA

End of message text/trailer

(1) The message is sent to Banque Nationale de Paris, Grenoble, the financial institution which is located closest to the beneficiary customer.

(2) Banca Commerciale Italiana, New York, the sender's correspondent, will provide the funds to the intermediary reimbursement institution, Bank of New York, N.Y.

(3) Bank of New York, New York, will receive the funds on behalf of Banque Nationale de Paris, Paris

(4) As the reference for the beneficiary is an invoice number, the code /INV/ is used, followed by the invoice number.

Mapping

Message B SWIFT MT 202 COV (Cover Message)

Information Flow

SWIFT Message, MT 202 COV

ExplanationFormat

SenderBCITITMM

Message Type202

Receiver (1) BCITUS33

Validation Flag119:COV

Message Text: General Information

Transaction Reference Number:20:597240

Related Reference (2) :21:8861198-0706

Value Date, Currency Code, Amount:32A:090612USD5443,99

Intermediary (3) :56A:IRVTUS3N

Account With Institution (4) :57A:BNPAFRPP

Beneficiary Institution:58A:BNPAFRPPGRE

Underlying Customer Credit Transfer Details

Ordering Customer:50F:/14578267890

1/GIAN ANGELO IMPORTS

2/LUNGO MORE 5

3/IT/NAPLES

Ordering Institution:52A:BCITITMM500

Beneficiary Customer:59F:/20041010050500001M02606

1/KILLY S.A.

3/FR/GRENOBLE

Remittance Information:70:/INV/559661

Currency, Instructed Amount:33B:USD5443,99

End of message text/trailer

(1) The message is sent to Banca Commerciale Italiana, New York, ordering transfer of the funds to Bank of New York, New York.

(2) The related reference is the Sender's reference of the MT 103.

(3) Bank of New York, New York, will pay the funds to Banque Nationale de Paris, Paris, in favour of Grenoble.

(4) Banque Nationale de Paris, Paris, will pay the funds to its Grenoble office, in cover of the transaction to Killy, S.A.

Message C SWIFT MT 205 COV (or its equivalent domestic clearing message)

Information Flow

SWIFT Message, MT 205 COV

ExplanationFormat

SenderBCITUS33

Message Type205

Receiver (1) IRVTUS3N

Validation Flag119:COV

Message Text: General Information

Transaction Reference Number:20:4958302594757

Related Reference (2) :21:8861198-0706

Value Date, Currency Code, Amount:32A:090612USD5443,99

Ordering Institution:52A:BCITITMM

Account With Institution (3) :57A:BNPAFRPP

Beneficiary Institution:58A:BNPAFRPPGRE

Underlying Customer Credit Transfer Details

Ordering Customer:50F:/14578267890

1/GIAN ANGELO IMPORTS

2/LUNGO MORE 5

3/IT/NAPLES

Ordering Institution:52A:BCITITMM500

Beneficiary Customer:59F:/20041010050500001M02606

1/KILLY S.A.

3/FR/GRENOBLE

Remittance Information:70:/INV/559661

Currency, Instructed Amount:33B:USD5443,99

End of message text/trailer

(1) The message is sent to Bank of New York, New York.

(2) The related reference is the Sender's reference of the initial MT 103.

(3) Bank of New York, New York, will pay the funds to Banque Nationale de Paris, Paris, in favour of Grenoble.

Message D SWIFT MT 202 COV General Financial Institution Transfer

Information Flow

SWIFT Message, MT 202 COV

ExplanationFormat

SenderIRVTUS3N

Message Type202

ReceiverBNPAFRPP

Validation Flag119:COV

Message Text: General Information

Transaction Reference Number:20:GH45952-4587

Related Reference (1) :21:8861198-0706

Value Date, Currency Code, Amount:32A:090612USD5443,99

Ordering Institution:52A:BCITITMM

Beneficiary Institution:58A:BNPAFRPPGRE

Sender to Receiver Information (2) :72:/INS/BCITUS33

Underlying Customer Credit Transfer Details

Ordering Customer:50F:/14578267890

1/GIAN ANGELO IMPORTS

2/LUNGO MORE 5

3/IT/NAPLES

Ordering Institution:52A:BCITITMM500

Beneficiary Customer:59F:/20041010050500001M02606

1/KILLY S.A.

3/FR/GRENOBLE

Remittance Information:70:/INV/559661

Currency, Instructed Amount:33B:USD5443,99

End of message text/trailer

(1) The related reference is the Sender's reference of the initial MT 103.

(2) The instructing institution is Banca Commerciale Italiana, New York.

Method 2 Customer Transfer Sent Through Several Reimbursement Institutions Using an Account With Institution

Message A SWIFT MT 103 Customer Transfer

Information Flow

SWIFT Message, MT 103

ExplanationFormat

SenderBCITITMM

Message Type103

Receiver (1) BNPAFRPP

Message text

Sender's Reference:20:8861198-0706

Bank Operation Code:23B:CRED

Value Date, Currency, Interbank Settled Amount:32A:090612USD5443,99

Currency, Instructed Amount:33B:USD5443,99

Ordering Customer:50F:/14578267890

1/GIAN ANGELO IMPORTS

2/LUNGO MORE 5

3/IT/NAPLES

Ordering Institution:52A:BCITITMM500

Sender's Correspondent (2) :53A:BCITUS33

Receiver's Correspondent (3) :54A:IRVTUS3N

Account With Institution:57A:BNPAFRPPGRE

Beneficiary Customer:59F:/20041010050500001M02606

1/KILLY S.A.

3/FR/GRENOBLE

Remittance Information (4) :70:/RFB/INVOICE 559661

Details of Charges:71A:SHA

End of message text/trailer

(1) The message is sent to Banque Nationale de Paris, Paris, the financial institution which will provide the funds to the account with institution.

(2) Banca Commerciale Italiana, New York, will provide the funds to the receiver's correspondent, Bank of New York, New York.

(3) Bank of New York, New York, the receiver's correspondent, will receive the funds on behalf of Banque Nationale de Paris, Paris.

(4) As the reference for the beneficiary can be contained in 16 characters, the code /RFB/ is used, followed by the reference.

Mapping

Message B SWIFT MT 202 COV (Cover Message)

Information Flow

SWIFT Message, MT 202 COV

ExplanationFormat

SenderBCITITMM

Message Type202

Receiver (1) BCITUS33

Validation Flag119:COV

Message Text: General Information

Transaction Reference Number:20:597240

Related Reference (2) :21:8861198-0706

Value Date, Currency Code, Amount:32A:090612USD5443,99

Account With Institution (3) :57A:IRVTUS3N

Beneficiary Institution:58A:BNPAFRPP

Underlying Customer Credit Transfer Details

Ordering Customer:50F:/14578267890

1/GIAN ANGELO IMPORTS

2/LUNGO MORE 5

3/IT/NAPLES

Ordering Institution:52A:BCITITMM500

Account With Institution:57A:BNPAFRPPGRE

Beneficiary Customer:59F:/20041010050500001M02606

1/KILLY S.A.

3/FR/GRENOBLE

Remittance Information:70:/RFB/INVOICE 559661

Currency, Instructed Amount:33B:USD5443,99

End of message text/trailer

(1) The message is sent to Banca Commerciale Italiana, New York, ordering transfer of the funds to Bank of New York, New York.

(2) The related reference is the Sender's reference of the initial MT 103.

(3) Bank of New York, New York, will pay the funds to Banque Nationale de Paris, Paris.

Message C SWIFT MT 205 COV (or its equivalent domestic clearing message)

Information Flow

SWIFT Message, MT 205 COV

ExplanationFormat

SenderBCITUS33

Message Type205

Receiver (1) IRVTUS3N

Validation Flag119:COV

Message Text: General Information

Transaction Reference Number:20:4958302594757

Related Reference (2) :21:8861198-0706

Value Date, Currency Code, Amount:32A:090612USD5443,99

Ordering Institution:52A:BCITITMM

Beneficiary Institution (3) :58A:BNPAFRPP

Underlying Customer Credit Transfer Details

Ordering Customer:50F:/14578267890

1/GIAN ANGELO IMPORTS

2/LUNGO MORE 5

3/IT/NAPLES

Ordering Institution:52A:BCITITMM500

Account With Institution:57A:BNPAFRPPGRE

Beneficiary Customer:59F:/20041010050500001M02606

1/KILLY S.A.

3/FR/GRENOBLE

Remittance Information:70:/RFB/INVOICE 559661

Currency, Instructed Amount:33B:USD5443,99

End of message text/trailer

(1) The message is sent to Bank of New York, New York.

(2) The related reference is the Sender's reference of the initial MT 103.

(3) Bank of New York, New York, will pay the funds to Banque Nationale de Paris, Paris.

Message D SWIFT Statement/Confirmation of Credit

Bank of New York, New York, will credit Banque Nationale de Paris with the funds.

The statement line for this credit on the customer statement (MT 950) will appear as:

:61:090612C5443,99S9108861198-0706//GH45952-4587

In addition, Bank of New York may send, prior to the statement, a Confirmation of Credit:

SWIFT Message, MT910

ExplanationFormat

SenderIRVTUS3N

Message Type910

ReceiverBNPAFRPP

Message text

Transaction Reference Number:20:GH45952-4587

Related Reference (1) :21:8861198-0706

Account Identification:25:3373733

Value Date, Currency Code, Amount:32A:090612USD5443,99

Ordering Institution:52A:BCITITMM

Intermediary (2) :56A:BCITUS33

End of message text/trailer

(1) The related reference is the Sender's reference of the initial MT 103.

(2) Banca Commerciale Italiana, New York, is the instructing institution.

Example 1.6: Customer Transfer with Currency Conversion

Narrative

Consortia Pension Scheme, a corporate in Zürich requests its bank (BNKACHZZ) to execute a pension payment in Swiss Francs. The beneficiary has his account, 429-5470572-63, with the Belgian correspondent of BNKACHZZ.

Information Flow

SWIFT Message, MT 103

ExplanationFormat

SenderBNKACHZZ

Message Type103

ReceiverBNKBBEBB

Message text

Sender's Reference:20:5362/MPB

Bank Operation Code:23B:CRED

Value Date, Currency, Interbank Settled Amount:32A:090828EUR1244,47

Currency, Instructed Amount:33B:CHF2000,

Exchange Rate:36:0,619735

Ordering Customer:50K:/12345789549

CONSORTIA PENSION SCHEME

FRIEDRICHSTRASSE, 27

8022-ZURICH

Beneficiary Customer:59:/429547057263

JOHANN WILLEMS

RUE JOSEPH II, 19

1040 BRUSSELS

Remittance Information:70:PENSION PAYMENT SEPTEMBER 2009

Details of Charges:71A:OUR

Receiver's Charges:71G:EUR5,

End of message text/trailer

In the statement message sent by BNKBBEBB to its Swiss correspondent, the settlement amount as specified in field 32A and the Sender's reference specified in field 20 will be quoted in the appropriate statement line. For the example given this would result in the following MT 950:

SWIFT Message, MT 950

ExplanationFormat

SenderBNKBBEBB

Message Type950

ReceiverBNKACHZZ

Message text

Transaction Reference Number:20:112734

Account Identification:25:415370412218

Statement Number:28C:102/1

Opening Balance:60F:C090827EUR100000,

Statement Line:61:090828D1244,47S1035362/MPB//1234T

Closing Balance:62F:C090828EUR98755,53

End of message text/trailer

MT 103 Example for the MT 103, used in a Service Level Agreement

Overview of Available Options for Party Fields

The available options for the party fields in the MT 103 message differ, depending on the SWIFT Service Level Agreement indicated in field 23B. The following matrix gives an overview of the options that may be used in the different scenarios. You can find full details under the conditional rules and the field specifications of the respective fields.

Payments Service Levels: Field 23B contains SPAY, SSTD or SPRIOther Usage: Field 23B contains CRED or CRTS

52aA

53aA

B (Account number only)A

54aAA

B (Branch only)

55aAA

B (Branch only)

56aPriority

ForbiddenA

C (clearing code)A

C (clearing code)

57aA

D (with mandatory identifier)A

In the following examples both the Sender and the Receiver agreed to exchange payment messages under a SWIFT Service Level.

The message available for this group of users has the following layout for both the Standard and SWIFTPay Service Level:

MT 103 Single Customer Credit TransferStatusTagField NameContent/OptionsNo.

M20Sender's Reference16x1

----->

O13CTime indication/8c/4!n1!x4!n2

-----|

M23BBank Operation CodeSSTD or SPAY3

----->

O23EInstruction Code4!c[/30x]4

-----|

O26TTransaction Type Code3!a5

M32AValue Date, Currency, Interbank Settled Amount6!n3!a15d6

O33BCurrency, Instructed Amount3!a15d7

O36Exchange Rate12d8

M50aOrdering CustomerA, F or K9

O51ASending Institution[/1!a][/34x]

4!a2!a2!c[3!c]10

O52aOrdering InstitutionA or D11

O53aSender's CorrespondentA, B or D12

O54aReceiver's CorrespondentA, B or D13

O55aThird Reimbursement InstitutionA, B or D14

O56aIntermediary InstitutionA, C or D15

O57aAccount With InstitutionA, B, C or D16

M59aBeneficiary CustomerNo letter option, A, or F17

O70Remittance Information4*35x18

M71ADetails of Charges3!a19

----->

O71FSender's Charges3!a15d20

-----|

O71GReceiver's Charges3!a15d21

O72Sender to Receiver Information6*35x22

O77BRegulatory Reporting3*35x23

The message has the following layout for the SWIFT Priority Service Level:

MT 103 Single Customer Credit TransferStatusTagField NameContent/OptionsNo.

M20Sender's Reference16x1

----->

O13CTime indication/8c/4!n1!x4!n2

-----|

M23BBank Operation CodeSPRI3

----->

O23EInstruction Code4!c[/30x]4

-----|

O26TTransaction Type Code3!a5

M32AValue Date, Currency, Interbank Settled Amount6!n3!a15d6

O33BCurrency, Instructed Amount3!a15d7

O36Exchange Rate12d8

M50aOrdering CustomerA, F or K9

O51ASending Institution[/1!a][/34x]

4!a2!a2!c[3!c]10

O52aOrdering InstitutionA or D11

O53aSender's CorrespondentA, B or D12

O54aReceiver's CorrespondentA, B or D13

O55aThird Reimbursement InstitutionA, B or D14

O57aAccount With InstitutionA, B, C or D16

M59aBeneficiary CustomerNo letter option, A, or F17

O70Remittance Information4*35x18

M71ADetails of Charges3!a19

----->

O71FSender's Charges3!a15d20

-----|

O71GReceiver's Charges3!a15d21

O72Sender to Receiver Information6*35x22

O77BRegulatory Reporting3*35x23

Note: Field 56a Intermediary Institution is not allowed within the SWIFT Priority Service Level.

Example 2.1: Single Customer Credit Transfer With Reimbursement Through Several Institutions

Narrative

Bank Austria uses reference 394882.

In this example, the MT 103 will be sent to the party closest to the beneficiary, through several reimbursement institutions. It would also be possible to send the MT 103 to the next party in the transfer.

Note: The alternative selected is dependent on correspondent relationships and financial practice in the countries involved.

SWIFT MT 103 to the Party Closest to the Beneficiary

Bank Austria sends the following messages:

A customer transfer to ABN Amro Bank, Amsterdam.

A cover message for the US dollar payment, which is provided through Chase Manhattan Bank, New York, to ABN Amro Bank, New York.

BKAUATWW agreed on the Standard Service Level, as did its Dutch correspondent ABNANL2A.

Information Flow

SWIFT Message, MT 103

ExplanationFormat

SenderBKAUATWW

Message Type103

ReceiverABNANL2A

Message text

Sender's Reference:20:394882

Bank Operation Code:23B:SSTD

Instruction Code:23E:PHOB/20.527.19.60

Value Date, Currency, Interbank Settled Amount:32A:090828USD1121,50

Currency, Instructed Amount:33B:USD1121,50

Ordering Customer:50F:/942267890

1/FRANZ HOLZAPFEL GMBH

2/GELBSTRASSE, 13

3/AT/VIENNA

Sender's Correspondent (1) :53A:CHASUS33

Receiver's Correspondent (2) :54A:ABNAUS33

Beneficiary Customer:59:/723491524

C. KLEIN

BLOEMENGRACHT 15

AMSTERDAM

Details of Charges:71A:SHA

End of message text/trailer

(1) Field 53A indicates the institution which is to provide the funds to the Receiver on behalf of the Sender.

(2) Field 54A is the receiver's correspondent - the institution which will receive the funds on behalf of the Receiver.

本站仅提供存储服务，所有内容均由用户发布，如发现有害或侵权内容，请点击举报。