SWIFT message categories

MT103 — Single Customer Credit Transfer

A customer payment instruction carrying payer, beneficiary, amount, currency, and routing information in a structured message.

MT103 / MT202 COV — Cover Payment

Separates the customer payment instruction from the bank-to-bank cover instruction used through the correspondent chain. MT202 COV carries underlying customer details for the cover leg.

MT103 GPI / SWIFT gpi

Payment tracking uses a Unique End-to-End Transaction Reference (UETR). Swift gpi adds visibility into payment status, routing, and charges; it is a service rather than a separate MT message type.

MT103 via IPIP / IPID

IPIP and IPID are not standard MT103 message variants in the referenced catalogues. A routing label alone does not establish a supported payment method or settlement capability.

MT103 REMIT / MT103 STP

REMIT supports extended remittance information. STP applies stricter formatting rules to support straight-through processing. Availability depends on the applicable standards release and service.

MT101 — Request for Transfer

A request to execute one or more customer transfers, used in corporate payment initiation such as payroll and supplier payments.

MT102 / MT102 STP — Multiple Customer Credit Transfer

Groups multiple customer credit transfers into a single message. The STP variant uses a restricted format intended for automated processing.

MT110 / MT111 / MT112 — Cheques

MT110 advises cheque details, MT111 requests a stop payment, and MT112 reports the status of a stop-payment request.

MT200 / MT201 / MT202 — Institution Transfers

MT200 concerns an institution moving funds for its own account; MT201 groups such transfers. MT202 is a general financial institution transfer.

MT203 / MT204 / MT205 — Interbank Instructions

MT203 groups general institution transfers, MT204 is a financial markets direct-debit message, and MT205 is an institution transfer execution message.

MT210 — Notice to Receive

Advises an account-servicing institution of expected incoming funds so it can prepare to identify the credit.

MT300 — Foreign Exchange Confirmation

Records the agreed terms of a foreign-exchange transaction between counterparties.

MT304 / MT305 / MT306 — FX Deal & Option Messages

MT304 advises or instructs a third-party deal. MT305 and MT306 concern foreign-currency option confirmations; they are not simply exercise or expiry notices.

MT320 / MT330 — Loans & Deposits

MT320 confirms a fixed loan or deposit. MT330 confirms a call or notice loan or deposit.

MT350 / MT360 — Interest & Derivatives

MT350 advises a loan or deposit interest payment. MT360 confirms a single-currency interest-rate derivative, rather than a single interest payment.

MT400 / MT410 / MT412 — Collection Progress

Advice of payment, acknowledgement, and advice of acceptance messages track different stages of a collection.

MT416 / MT420 / MT422 — Collection Follow-up

Report non-payment or non-acceptance, trace an outstanding collection, and advise its outcome or fate.

MT430 / MT450 — Instructions & Credit Advice

MT430 amends collection instructions. MT450 advises a credit associated with a cash letter.

MT455 / MT456 / MT490 / MT491 — Adjustments & Charges

Handle cash-letter credit adjustments, cash-letter debits, advice of charges, and requests for payment of charges.

MT515 / MT535 / MT536 / MT537 — Execution & Statements

Report trade execution, holdings, transaction activity, and pending transactions. Each message addresses a different reporting stage.

MT540 / MT541 / MT542 / MT543 — Settlement Instructions

MT540: receive free of payment. MT541: receive against payment. MT542: deliver free of payment. MT543: deliver against payment.

MT544 / MT545 / MT546 / MT547 — Settlement Confirmations

Confirm the corresponding receipt or delivery, either free of payment or against payment, after settlement processing.

MT548 / MT564 / MT565 / MT566 — Status & Corporate Actions

MT548 reports settlement status. MT564 notifies a corporate action, MT565 instructs an action, and MT566 confirms an action.

MT600 — Metal Trade Confirmation

Confirms the agreed terms of a precious-metal trade. This is more specific than a general confirmation for all commodity trades.

MT601 — Precious Metal Option Confirmation

Confirms a precious-metal option transaction. It is not a general notice of preadvice.

MT700 / MT701 — Documentary Credit Issuance

MT700 issues a documentary credit; MT701 carries additional issuance details. Payment obligations depend on the credit terms and a complying presentation.

MT705 — Documentary Credit Preadvice

Pre-advises a documentary credit before the complete credit is issued.

MT707 — Documentary Credit Amendment

Communicates changes to an existing documentary credit, such as its amount, expiry, or required documents.

MT710 / MT711 — Third-bank Credit Advice

Advise a documentary credit received from another bank, with additional details carried in MT711 when needed.

MT720 / MT721 — Transfer of a Credit

Communicate the transfer of a transferable documentary credit to a second beneficiary.

MT730 / MT732 / MT734 — Acknowledgement & Documents

Acknowledge receipt, advise discharge, or communicate refusal of documents under a documentary credit.

MT740 / MT742 / MT747 — Reimbursement

Authorise reimbursement, claim reimbursement, and amend a reimbursement authorisation.

MT750 / MT752 / MT754 / MT756 — Discrepancies & Payment

Advise discrepancies, authorise payment or negotiation, and report payment, acceptance, negotiation, or reimbursement.

MT760 / MT761 — Guarantee or Standby Credit

MT760 issues a demand guarantee or standby letter of credit. MT761 continues the issuance details; it is not a request for a guarantee.

MT765 / MT767 / MT768 / MT769 — Guarantee Lifecycle

Cover a demand for payment, amendment, acknowledgement, and advice of reduction or release. Consult the applicable release before assigning these purposes to another message number such as MT762.

MT775 — Continuation of an Amendment

Continues the details of an MT767 guarantee or standby-credit amendment. It is not an advice of transfer.

MT790 / MT791 / MT792 / MT795 / MT796 / MT798

Common-category messages cover charges, requests for payment of charges, cancellation requests, queries, answers, and proprietary communication. These are not all free-format guarantee messages.

MT799 — Free Format Message

Supports bank-to-bank free-format communication in the trade-finance category. A message alone is not a guarantee, proof of funds, or confirmation of settlement.

MT900 / MT910 — Debit & Credit Confirmation

Advise an account owner of a debit or credit to its account.

MT920 / MT935 / MT941 — Requests, Rates & Balances

Request account reporting, advise a rate change, and report account balances.

MT940 / MT942 / MT950 — Account Statements

Customer statements, interim transaction reports, and statement messages support reconciliation and account reporting.

MT970 / MT971 / MT972 / MT973 — Netting

Provide netting statements, balance reports, interim statements, and requests for netting information.

MT985 / MT986 — Status Enquiry & Report

Request and report status information; these are distinct from the netting statement message types.

MT999 — Free Format Message

A general free-format message within Category 9, used for communication where a more specific structured message is not suitable.