SWIFT message types

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SWIFT Message types are the format or schema used to send messages to financial institutions on the SWIFT (Society for Worldwide Interbank Financial Telecommunication) network. The original message types were developed by SWIFT and retrospectively made into an ISO standard, ISO 15022. This was later supplemented by a XML based version under ISO 20022.

The SWIFT network supports the following message standards:[1]

SWIFT MT 103 field 23[edit]

SWIFT messages consist of five blocks of the data including three headers, message content, and a trailer. Message types are crucial to identifying content.

All SWIFT messages include the literal "MT" (Message Type). This is followed by a three-digit number that denotes the message category, group and type. Consider the following example, which is an order to buy or sell via a third party:

The first digit (3) represents the category. A category denotes messages that relate to particular financial instruments or services such as Precious Metals (6), Treasury (3), or Travellers Cheques (8). The category denoted by 3 is Treasury Markets.

The second digit (0) represents a group of related parts in a transaction life cycle. The group indicated by 0 is a Financial Institution Transfer.

The third digit (4) is the type that denotes the specific message. There are several hundred message types across the categories. The type represented by 4 is a notification.

The first digit (1) represents the category. A category denotes messages that relate to particular financial instruments or services such as Cash Transfer(1), Treasury (3), or Cash Management (9). The category denoted by 1 is Cash Transfer.

The second digit (0) represents a group of related parts in a transaction life cycle. The group indicated by 0 is a Financial Institution Transfer.

The third digit (3) is the type that denotes the specific message. There are several hundred message types across the categories. The type represented by 3 is a notification.

Overview of SWIFT MT Categories:

Message Type Description
MT0xx System Messages
MT1xx Customer Payments and Cheques
MT2xx Financial Institution Transfers
MT3xx Treasury Markets
MT4xx Collection and Cash Letters
MT5xx Securities Markets
MT6xx Treasury Markets - Metals and Syndications
MT7xx Documentary Credits and Guarantees
MT8xx Travellers Cheques
MT9xx Cash Management and Customer Status

ISO 15022 MT[edit]

Although ISO 15022 Message Types are different in their structure than the SWIFT MT, the naming convention remains the same. The following example will illustrate:

As with SWIFT MTs, the first digit (3) denotes the category. As above, this denotes Treasury Markets.

As with SWIFT MTs, the second digit (0) represents a group of related parts in a transaction life cycle. The group indicated by 0 is a Financial Institution Transfer.

Finally, the third digit (7) denotes the specific message. In this case, similar to the MT 304, the 7 denotes ‘Notification’. The SWIFT MT 304 and the ISO 15022 MT 307 are equal but were created for different financial groups using different standards.


|}03/09/2019-11:43:52 INTERNATIONAL SWIFT ACKS-1305-2019-9 CUSTOMER'S COPY


NETWORK: SWIFT SESSION HOLDER: CBSWCHZZXXX DELIVERY STATUS: NETWORK ACK


INSTANCE TYPE AND TRANSMISSION--------------------------

ORIGINAL PRIORITY DELIVERY: NORMAL MESSAGE INPUT REFERENCE: 20190803 6142CBSWCHZZXXX14256925362514 MESSAGE OUTPUT REFERENCE: 3624HLBBMYKLXXX1742569256824


MESSAGE HEADER---------------------------------------

SWIFT INPUT: FIN 103 SINGLE CUSTOMER CREDIT TRANSFER SENDER: CITI BANK (SWITZERLAND) AG

      • 25 SEESTRASSE, 8021 ZURICH, SWITZERLAND
      • E.N.H MARITIME S.A

/0/354512/004/CH 71 0863 8000 3545 1200 4 CBSWCHZZXXX

      • RECEIVER: HONG LEONG BERHAD
      • WISMA HONG LEONG LEVEL 8, 18 JALAN PERAK 50540 KUALA LUMPUR MALAYSIA
      • /31300013349
      • IK GLOBAL TECHNOLOGY

HLBBMYKLXXX


MESSAGE TEXT--------------------------------------

      • F20: SENDER'S REFERENCE: 0162738096374938CBSW20182601725640
      • F21: TRANSACTION CODE: 40571305497610548761
      • F23B: BANK OPERATION CODE` ` CRED009406/3164

CBSWCHZZXXX

      • F32A: VAL DATE/CUR/INTERBANK SETTLED DATE: SAME DAY

CURRENCY: EURO AMOUNT: € 5,000,000.00

      • F33B: CURRENCY/INSTRUCTED AMOUNT

€ 5,000,000.00

      • F50A: ORDERING CUSTOMER NAME & ADDRESS

//E.N.H MARITIME S.A/UNIT 826, OCEAN CENTER, 5 CANTON ROAD, KOWLOON, HONGKONG

      • F52A: ORDERING INSTITUTION

//CH 71 0863 8000 3545 1200 4/CBSWCHZZXXX

      • F59A: BENEFICIARY INV CUSTOMER - NAME & ADDRESS // IK GLOBAL TECHNOLOGY / 31300013349

HLBBMYKLXXX

      • F70: REMITTANCE INFORMATION INVESTMENT
      • F71A: DETAILS OF CHARGES
      • F72: SENDER TO RECEIVER'S INFORMATION
      • FOR INVESTMENT

WE, CITI BANK (SWITZERLAND) AG, 25 SEESTRASSE, 8021 ZURICH, SWITZERLAND, WITH FULL BANKING RESPONSIBILITY HEREBY PRESENT OUR UNCONDITIONAL, IRREVOCABLE, ASSIGNABLE, TRANSFERABLE, DIVISIBLE, AND CALLABLE MT 103 IS VALID FOR PAYMENT ON THE SAME DAY. PLEASE ADVISE- BENEFICIARY OF THIS SWIFT THAT THIS TRANSFER IS VAILD FOR PAYMENT UPON IDENTIFICATION, PRESENTATION OF RECEIPT. THIS IRREVOCABLE CASH TRANSFER CAN BE RELIED UPON FOR FULL CASH.

      • WE ALSO CONFIRM THAT FUNDS ARE GOOD,CLEAN AND CLEAR FROM ANY CRIMINAL ORIGIN AND EARNED FROM LEGEL SOURCE.
      • F77B: REGULATORY REPORTING

//€ 5,000,000.00 (FIVE MILLION EURO)


MESSAGE TRAILER---------------------------------------

(CHK 022008008884019) PKI SIGNATURE MAC EQUIVALENT


INTERVENTIONS-------------------------------------

CATEGORY: NETWORK REPORT CREATION TIME: 03/09/2019 - 11:43:52 APPLICATION: SWIFT INTERFACE OPERATOR: SYSTEM TEXT (F33CBSWCHZZ92300308801868033009 (1:FO1 HLBBMYKL0706201969132572)CITI715000193643 (9:2019- 5 H)(5:76:0) END OF MESSAGE: XXX TRANSMISSION: OK


END OF TRANSMISSION ------------------------------




MT202: FIN 202 GENERAL FIN INST TRANSFER------------------------

TRANSACTION REFERENCE CODE: 0162738096374938CBSW20182601725640 21: TRANSACTION CODE: 40571305497610548761 33B: CURRENCY/INSTRUCTED AMOUNT: EURO #€5,000,000.00# 49: CONFIRMATION INSTRUCATION 72: SENDER TO RECEIVER #€5,000,000.00#

                                                                                                                                                                                            • F52D: SENDER: CBSWCHZZXXX

BANK NAME: CITI BANK (SWITZERLAND) AG BANK ADDRESS: 25 SEESTRASSE, 8021 ZURICH,SWITZERLAND ACCOUNT NAME: E.N.H MARITIME S.A ACCOUNT NUMBER: CH 71 0863 8000 3545 1200 4

      • F57: RECEIVER: HLBBMYKLXXX

BANK NAME: HONG LEONG BERHAD BANK ADDRESS: WISMA HONG LEONG LEVEL 8,18 JALAN PERAK 50540 KUALA LUMPUR MALAYSIA ACCOUNT NAME: IK GLOBAL TECHNOLOGY ACCOUNT NUMBER: 31300013349


MESSAGE TRAILER----------------------------------------

(CHK 022008008884019) PKI SIGNATURE: MAC - EQUIVALENT TRACKING CODE: 826351038465


INTERVENTIONS-----------------------------------------------

CONFIRMED AND RECEIVED


----------- -------

ANSWER BACK AND ACKNOWLEDGMENT MESSAGE AUTOMATED FILE TRANSFER (AFT) GATEWAY RESPONSE VALIDATION SERVICE PROVIDER LOG/APPLICATION GENERATED REPORT ACKNOWLEDGMENT&AUTHENTICATION ACK NAG DELIVERY FTA/FTI CONFIRMATION STATEMENT PASS/FAIL STATUS 0050 CNT, -------------------------------- Valid 0060 RFF-DTM, ---------------------------- Valid 0070 RFF, -------------------------------- Valid 0090 NAD-CTA-COM---------------------------- Valid 0100 NAD, -------------------------------- Valid 0110 CTA, -------------------------------- Valid 0120 COM, -------------------------------- Valid 0130 ERC-FTX-5G4, ------------------------ Valid 0140 ERC, -------------------------------- Valid 0150 FTX, -------------------------------- Valid 0160 RFF-FTX, ---------------------------- Valid 0170 REF, -------------------------------- Valid 0180 FTX, -------------------------------- Valid 0190 UNT, -------------------------------- Valid


{XMT DELIVERY REPORT}------------------------------------

MESSAGE TYPE:MT202 PRIORITY: NORMAL RECEIVED: HLBBMYKLXXX INPUT OUTPUT ACK NAK DUP AUTH TIME: 11:54:19 DATE: 03/09/2019


See also[edit]

References[edit]

  1. ^ "Standards MT & MX Equivalence Table" (PDF). SWIFT., pdf document from July, 28 2017