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The MT100 is an interbank message which basically the sending bank advises the receiving bank to expect funds

from the sending bank. An mT202 is the message that follows the MT100 advising the receiving bank the account number and beneficiary to pay the funds to. An MT299 is what is known as a 'tested' message. It is an interbank message which is secure and the beneficiary bank can act on the message. The above is genneraly correct, depending how specific you want to be there is no MT 100 in the current SWIFT user hand book; However 100 usually refers to the range of messages from 101199. See below 1. Category 1 Message Types The following table lists all message types defined in category 1. For each message type, there is a short description, an indicator whether the message type requires authentication (Y/N), the maximum message length on input (2,000 or 10,000 characters), whether the use of the message requires registration with SWIFT for use in a message user group (Y) or not (N) and whether value date ordering (VDO) can be requested for the message (Y/N). Value date ordering criteria are described in the Standards MT General Information. MT 101 102 102+ 103 103+ 103 REMIT 104 MT Name Request For Transfer Multiple Customer Credit Transfer Single Customer Credit Transfer Single Customer Credit Transfer Direct Debit and Request for Debit Transfer EDIFACT Envelope Purpose Requests to debit a customer's account held at another institution Conveys multiple payment instructions between financial institutions Instructs a funds transfer Instructs a funds transfer Conveys direct debit instructions or requests for direct debits between financial institutions An envelope which conveys a 2k EDIFACT message To order the debit of a debtor's account and to collect payment from this account Advises or confirms the issuance of a cheque to the drawee bank Requests the drawee bank to stop payment of a cheque Indicates action(s) taken in attempting to stop payment of a cheque Advises an account owner of charges, interest and other adjustments Requests payment of charges, interest or other expenses Requests the Receiver to consider Authen. Y Max. MUG VDO Length 10,000 Y Y

10,000

Y Y

10,000 10,000

N Y

Y Y

10,000

105

2,000

107

General Direct Debit

10,000

110

Advice of Cheque Request for Stop Payment of a Cheque Status of a Request for Stop Payment of a Cheque Advice of Charges, Interest and Other Adjustments Request for Payment of Charges, Interest and Other Expenses Request for

2,000

111

2,000

112

2,000

190

2,000

191

2,000

192

2,000

Cancellation

cancellation of the message identified in the request Requests information relating to a previous message or amendment to a previous message Y 2,000 N N

195

Queries

196

Answers

Responds to an MT 195 Query or MT 192 Request for Cancellation or other message where no specific Y message type has been provided for a response Contains formats defined and agreed to between users and for those messages not yet live Contains information for which no other message type has been defined Y

2,000

198

Proprietary Message

10,000

199

Free Format Message

SWIFT MT 100 and 102 and 200 and 205 and 201 and 202 and 299 and 203 and 202 and 204?

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