MT 210 Explained: Notice to Receive

MT 210 is a bank telling its correspondent — the bank where it holds a nostro account — to expect an incoming credit to that account. It's purely informational: it doesn't move any money itself, it just gives the correspondent advance notice so it can anticipate the funds landing and manage its own liquidity and reconciliation accordingly.

Key fields

• 20 — Transaction Reference: Reference for the notice.
• 25 — Account Identification: Which of the sender's accounts at the correspondent the funds are expected into.
• 30 — Value Date: When the funds are expected to arrive.
• 21 / 32B (repeated): A related reference and expected amount, one occurrence per incoming credit being flagged — a single MT 210 can pre-advise several expected receipts at once.
• 50a / 52a — Ordering Customer / Institution: Who's actually sending the funds that are expected to arrive.

Correspondent banks that get an MT 210 can reconcile incoming credits against what was expected far more quickly than if they simply waited for funds to land unannounced — useful for high-volume nostro accounts.