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Trade Finance MT 710 Explained: Advice of a Third Bank's Documentary Credit What happens when an advising bank has to pass on a Letter of Credit it received through a channel other than SWIFT. Trade Finance MT 416 Explained: Advice of Non-Payment/Non-Acceptance The SWIFT alert sent when a drawee refuses to pay or accept a draft under a documentary or clean collection. Treasury MT 300 Explained: Foreign Exchange Confirmation The SWIFT message that confirms the agreed terms of a spot, forward, or swap FX deal between two counterparties. Forex MT 202 Explained: General Financial Institution Transfer The bank-to-bank SWIFT message that settles the interbank leg behind a customer payment or moves funds for another institution. Forex MT 111 Explained: Request for Stop Payment of a Cheque What goes into a formal SWIFT request to block a specific cheque from being honoured. Forex MT 104 Explained: Direct Debit and Request for Debit Transfer How a bank collects funds from multiple payer accounts under standing mandates, bundled into a single SWIFT message. Forex MT 102 Explained: Multiple Customer Credit Transfer How banks bundle many individual customer payments — like a payroll run — into one efficient SWIFT message. Forex MT 103 Explained: Every Field in a SWIFT Customer Credit Transfer A field-by-field walkthrough of MT 103, the SWIFT message that carries an international wire transfer — what 32A, 50a, 57a, 59a, 71A, and every other field actually mean. Trade Finance MT 700 Explained: Every Field in a SWIFT Documentary Credit Message A field-by-field walkthrough of MT 700, the SWIFT message that opens a Letter of Credit — what 40A, 41a, 42C, 46A, 48, and every other field actually mean.