Swift massages understanding
Page - 1 SWIFT CATEGORY 1 MESSAGE - MT103 ONLY Field Tag Field Name Required contents for Straight-through Messages :20 Transaction Reference Number Sender's Unique Number :23B Bank Operation Code Use ‘CRED’ unless otherwise specifically agreed. :32A Value Date/Currency/Interbank Settled Amount YY MM DD CAD Amount :33B Currency/Original Ordered Amount ccyAmount :50A or :50K Ordering Customer Definition: The customer ordering the transaction Format: A – Account # & BIC/BEI K – Account # & Name and Address :52A Ordering Institution If required, Use only Option A If "Sending Bank" has more than 1 account in same currency with Scotiabank, message will not be a straight through, unless each account has a unique SWIFT TID. :53B Sender's Correspondent Definition: Use only where there are multiple account relationships in the currency of the transaction, between the Sender and the Receiver and one of these accounts is to be used for ...