Wednesday, January 19, 2022
Field 39C: Additional Amounts Covered

Field 39C: Additional Amounts Covered

What is Field 39C: Additional Amounts Covered? Field 39C: Additional Amounts Covered is a field in MT 700 swift message type that is used to...
Field 40A: Form of Documentary Credit

Field 40A: Form of Documentary Credit

What is field 40A: Form of Documentary Credit? Field 40A: Form of Documentary Credit is a field in MT 700 swift message that is used...
Field 44A: Place of Taking in Charge/Dispatch from .../Place of Receipt

Field 44A: Place of Taking in Charge/Dispatch from …/ Place of Receipt

What is Field 44A: Place of Taking in Charge/Dispatch from .../ Place of Receipt? Field 44A: Place of Taking in Charge/Dispatch from .../ Place of...
Field 59: Beneficiary

Field 59: Beneficiary

What is Field 59: Beneficiary? Field 59: Beneficiary is a field in MT 700 swift message type that is used to specify the party in...
Field 51a: Applicant Bank

Field 51a: Applicant Bank

What is Field 51a: Applicant Bank? Field 51a: Applicant Bank is a field in MT 700 swift message type that is used to specify the...
Field 39B: Maximum Credit Amount

Field 39B: Maximum Credit Amount

What is Field 39B: Maximum Credit Amount? Field 39B: Maximum Credit Amount is a field in MT 700 swift message type that is used to...
What are the Differences Between MT 700 and MT 760?

What are the Differences Between MT 700 and MT 760?

MT700 and MT760 swift message types that banks use when issuing documentary credits and guarantees, respectively. Banks use MT700 when issuing a commercial letter...
What is field Field 23: Reference to Pre-Advice?

Field 23: Reference to Pre-Advice

What is Field 23: Reference to Pre-Advice? Field 23: Reference to Pre-Advice is a field in MT 700 swift message type that is used only...
Field 39A: Percentage Credit Amount Tolerance

Field 39A: Percentage Credit Amount Tolerance

What is Field 39A: Percentage Credit Amount Tolerance? Field 39A: Percentage Credit Amount Tolerance is a field in MT 700 swift message type that is...
payment methods and bic and iban

What is Business Identifier Code (BIC) and International Bank Account Number (IBAN)?

Whatever your payment method would be, cash in advance, open account, cash against documents, letter of credit or bank payment obligation, you need to...
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