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