SWIFT MT7xx: Documentary Credits and Guarantees | Trade Samaritan

SWIFT MT7xx: Documentary Credits and Guarantees

SWIFT or Society for Worldwide Inter-bank Financial Telecommunication is a global provider of financial secure messages. It provides a network to allow both financial and non-financial institutions to exchange financial transactions in a secured manner.

SWIFT has assigned different Message type series for various categories of financial transactions such as Treasury, Securities, Foreign Exchange, Checks etc.

The below table enlists all the Message Types in category 7 which is meant for Documentary Credit and Guarantee related financial transactions, advices and communication.

CaptureCapture

This table should be kept handy by banking/FI processors and corporate handling documentary credit and guarantee related transactions.

Comments: