Tag Archives: SWIFT

MT103 – Single Customer Credit Transfer

MT103 is also used in the form on MT103+ and MT103REMIT which facilitates straight through processing.
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SWIFT MT1xx and MT2xx : Payments

SWIFT Message Type (MT) 1xx and Message Type (MT) 2xx are used for payment related messages.
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International Trade Payments (SWIFT)

The volume of world trade payments is gigantic and the volume of SWIFT messages reached an all time high of 5 billion messages in 2013.
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