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2/9/2016

WhatisMT103(SWIFT)?

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WhatisMT103(SWIFT)?
TheMT103isaSWIFT(/content/SWIFT)messageformatusedformakingpayments.MT103SWIFTpaymentsareknownasinternationalwire
transfers,telegraphictransfers(/content/WhatIsWireTransferTelegraphicTransfer),standardEUpayments(SEPApayments
(/content/WhatIsSEPAPayment)),LVTSinCanada(/content/WhatIsLVTSLargeValueTransferSystemInCanada),etc.

MT103fields
Field

FieldName

:20

TransactionReferenceNumber

:23B

BankOperationCode

:32A

ValueDate/Currency/InterbankSettled

:33B

Currency/OriginalOrderedAmount

:50A,ForK

OrderingCustomer(Payer)

:52AorD

OrderingInstitution(Payer'sBank)

:53A,BorD

Sender'sCorrespondent(Bank)

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2/9/2016

WhatisMT103(SWIFT)?

:54A,BorD

Receiver'sCorrespondent(Bank)

:56A,CorD

Intermediary(Bank)

:57A,B,CorD

AccountwithInstitution(Beneficiary'sBank)

:59or59A

Beneficiary

:70

RemittanceInformation(PaymentReference
(/content/WhatIsAPaymentReference))

:71A

DetailsofCharges(BEN/OUR/SHA
(/content/WhatAreBENSHAOURPaymentInstructions))

:72

SendertoReceiverInformation

:77B

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