Category
Forex
Foreign exchange regulations, remittances, LRS, and currency conversion.
Articles
Understand how much money resident individuals can remit abroad each year under RBI's LRS, what it can be used for, and what banks check before releasing funds.
04 Sep 2026 · 2 min read MT 210 Explained: Notice to ReceiveHow a bank gives its correspondent advance warning of an incoming credit, to help with liquidity planning.
22 Aug 2026 · 2 min read MT 205 Explained: Financial Institution Transfer ExecutionHow an intermediary bank in a payment chain instructs the next leg of an interbank transfer it has just received.
21 Aug 2026 · 2 min read MT 202COV Explained: Cover PaymentWhy banks use a special version of MT 202 that carries the underlying customer details, for sanctions and AML screening.
20 Aug 2026 · 2 min read MT 202 Explained: General Financial Institution TransferThe bank-to-bank SWIFT message that settles the interbank leg behind a customer payment or moves funds for another institution.
19 Aug 2026 · 2 min read MT 200 Explained: Financial Institution Transfer for its Own AccountHow a bank moves its own money between its accounts at different correspondents — not a customer payment.
18 Aug 2026 · 2 min read MT 190 Explained: Advice of Charges, Interest and Other AdjustmentsHow a correspondent bank tells an account-holding customer bank about charges or interest applied to their account.
17 Aug 2026 · 2 min read MT 111 Explained: Request for Stop Payment of a ChequeWhat goes into a formal SWIFT request to block a specific cheque from being honoured.
16 Aug 2026 · 2 min read MT 110 Explained: Advice of ChequeWhy a bank tells the drawee bank about a cheque before it is ever presented, and what the message contains.
15 Aug 2026 · 2 min read