Important SWIFT MTs (MT 2XX) MVLCO

Financial Institution Transfers

2XX series
MT 200 :Financial institution transfer for its own account
MT 201 :Multiple financial institution transfer for its own
account

- MT 202 :General financial institution transfer

MT 202 COV :General financial institution transfer
- MT 203 : Multiple general financial institution transfer
MT 204 :Financial markets direct debit
MT 205 :Financial institution transfer execution
MT 205 COV :Financial institution transfer execution
MT 210 :Notice to receive

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SWIFTNet Messaging MVLCO

Message categories
" CAT 1: Customer Payments and Cheques
CAT 2: Financial Institution Transfers
CAT 3:Foreign Exchange, FX Derivatives
CAT 4: Collections and Cash Letters
CAT 5: Securities Markets
CAT 6: Precious Metals and Syndications
CAT 7:Documentary Credits and Guarantees
CAT 8: Travellers Cheques
. CAT 9: Cash Management and Customer Status

CAT n: Common group messages

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SWIFT MT Messages MVLCO

e
There are three tyypes of SWIFT messages
User to User Messages - These are messages sent from one
financial institution to another financial institution in order to
perform financial transactions. User-to-user messages are
further divided into 9 categories.
System messages - These messages are sent by SWIFT
system to user and vice versa. System messages are category 0
messages.
User-to-SWIFT messages (for example, Delivery Notifications,
Retrievals)
SWIFT-to-user messages (for example, Retrieved Messages, Non
Delivery Warnings)
Service messages - These messages, also known as Control
Messages, relate either to system commands such as LOGIN,
SELECT, QUIT or to acknowledgements.

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 MVLCO
Connecting to SWIFT

How do the banks connect

SWIFTnet FIN
SWIFTnet FileAct
BANK
SWIFTnet InterAct
SWIFTnet WebAccess
How do the corporates connect
SCORE:Standardised Corporate Environment
MA-CUG: Member Administered Closed User Group
MA-CUG model:
- Many-to-Many CUG Corporate joins several MA-CUGs
New many-to-many CUG:
Corporates and banks join one CUG

Bank A BankA
CorparateA
Bank B
cop Bank B
Corporate B Bank C
BankC
"SWIFT administered
"Corporates join as participants
MA-CUG remains for non-eligitble corporates
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Connecting to SWIFT

CATEGORY 9 CASH MANAGEMENT & CUSTOMER STATUS

Corporate to Financial Institution Financial Institution to Corporate
MT 920 Request message MT 900 Confirmation of debit
MT 995 Queries MT 910 Confirmation of credit
MT 999 Free format message MT 940Customer statement message
MT 941 Balance report
MT 9420|Interim transaction report
MT 950 Statement message
MT 996 Answers

MT 999 Free format message

(1) MT 940 and MT 942 can also be send by Financial Institutions outside of the SCORE Closed User Group environment to
Corporates in SCORE

Bank B

|Corporate B Bank C wwW.mvlco.com 7

 MVLCO
Connecting to SWIFT

How do the banks connect

- SWIFTnet FIN
SWIFTnet FileAct
BANK
CATEGORY 2-FINANCIAL INSTITUTION TRANSFERS
Corporate to Financial Institution Financial Institution to Corporate
MT 210 Notice to receive

SCORE: Standardised Corporate Environment

Bank A
Corporate A

Bank B

Corporate B Bank C www.mvlco.com 7

 MVLCO
Connectingto SWIFT
Standards MT Messages Allowed in SCORE
CATEGORY 1 -CUSTOMER PAYMENTS & CHEQUES
Corporate to Financial Institution Financial Institution to Corporate
MT 101 Request for transfer MT 195 Queries
MT 104 Direct debit and request for direct debit MT 196 Answers
MT 192 Request for cancellation MT 199 Free format message

MT 195 Queries
MT 196 Answers
MT 199 Free format message

Bank A
Corporate A

Bank B

Corporate B Bank C www.mvlco.com 7