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SWIFT

SWIFT MT103

SWIFT MT – MT103 Here is a very detailed session on SWIFT MT103

SWIFT MT101

SWIFT MT101 The start of the MT series is the MT101. If there was a course MTs 101 then they might very well start it with MT101 (Pun intended). MT101 is called a Request...

SWIFT MT – Serial and Cover Method

SWIFT MT – Serial and Cover Method This is one of the most important articles from SWIFT payments’ perspective and it is critical that you fully understand the concepts laid out here. Payments are...

SWIFT MTs – Blocks 1 Through 5

SWIFT MTs – Blocks 1 Through 5 We have discussed in our previous article that there are 5 blocks in a SWIFT MT message. Now we will dive deep into each of these blocks...

SWIFT MTs – Key Details

SWIFT MTs – Key Details In this article, we are going to cover some key details on the SWIFT MT message. Let us dive right into the topic Naming Convention SWIFT MT messages have...

SWIFT MT – Payments Perspective

SWIFT MTs from a Payments Perspective In the earlier article, we saw how we as a banking community arrived at SWIFT MT message. These MT messages have been the backbone of international finance for...

Introduction to SWIFT

INTRODUCTION TO SWIFT: The year was 1973, the world was changing rapidly. The United Kingdom, Denmark, and Ireland entered the European Economic Community, The first American prisoners of war were released from Vietnam, ‘The...