?? MT103 SWIFT Message!
Reference No.: FE201S137 I Date: Fri, Aug 16, 2024 I Editor: Mr.Sinan Can
?? It's also known as "Single Customer Credit Transfer" and is used for telegraphic transfers (TT) from one bank to another.
An MT103 is a standardized SWIFT message that banks and financial institutions use to make international transfers between accounts.
?? The message includes all the information regarding the cross-border transaction, which typically doubles up as proof or confirmation of payment.
? The MT103 includes the following fields, or tags:
?? 20: Transaction reference number
?? 13C: Time indication
?? 23B: Bank operation code
?? 23E: Instruction code
?? 26T: Transaction type code
?? 32A: Value date, currency, and interbank settled amount
?? 33B: Currency and original instructed amount
?? 36: Exchange rate
?? All banks and financial institutions which make payments via SWIFT will have an MT103 for every payment, but they are unlikely to let you have them.
?? The MT103 is great for tracing payments which are missing or delayed because it shows the route of the payment between the banks.
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? If after 5 business days the funds are not yet in your account, you can share the MT103 message with your bank:
? This is for informational purposes only. For financial advice, consult a professional.
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?? Links to other articles on the subject are below. ????
?? ?? MT103 SWIFT Message!
?? ?? MT103 SWIFT Message!
?? ?? Financial Technology!
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Broker
4 个月Hi sir..I direct receiver
工程师
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