SWIFT MT1xx and MT2xx : Payments | Trade Samaritan

SWIFT MT1xx and MT2xx : Payments

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

 

MT1xx: Customer Payments & Cheques

MT2xx: Financial Institution Transfers

MT1xx & MT2xx

MT103 and MT 202 are commonly used for Trade Import payments.

For further reading on SWIFT and MT please visit International Trade Payments (SWIFT) & MT7xx.

 

 

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