What is f72 in SWIFT?

Field 72: Sender to Receiver Information is a field in MT 700 swift message type that specifies additional information for the Receiver. This is an optional field.

What is f70 in MT103?

This field specifies either the details of the individual transaction or a reference to another message containing the details which are to be transmitted to the beneficiary customer.

How do I read MT103 messages?

I’m a Money Mover user – how do I view my MT103? Once your payment has been dispatched, you can retrieve your MT103 by logging into your Money Mover account, selecting your completed payments and clicking ‘View’. Your MT103 will appear at the bottom of the record.

What should I write in sender receiver in HDFC?

Name of the beneficiary. Account number of the beneficiary. Sender to receiver information, if any. IFSC code of the destination bank branch.

What is field 53A in MT103?

Ordering Institution (payer’s bank) 53A, B or D. Sender’s Correspondent (bank) 54A, B or D. Receiver’s Correspondent (bank)

What is Field 57 in a swift message?

Field 57a: ‘Advise Through’ Bank is a field in MT 700 swift message type that identifies the bank, if different from the Receiver, through which the documentary credit is to be advised/confirmed to the beneficiary. This is an optional field.

What is field 33b in MT103?

Definition. This field specifies the currency and amount of the instruction. This amount is provided for information purposes and has to be transported unchanged through the transaction chain.

What is Neft 70 field?

Field 70 : Purpose of Remittance is mentioned in the wire transfer message sent by the remitting bank.

Is beneficiary Name important for NEFT?

While it is compulsory to mention the name of the beneficiary and the IFSC code, the reliance for transferring money is only on the account number.

How can I transfer money through NEFT?

Step 1 – Go to the ‘Fund Transfer’ tab. Step 2– Select the beneficiary from the list of registered beneficiaries. Step 3– Select the Debit Account, enter the amount and add remarks (optional) Step 4– Select NEFT as the payment method.