Trade Finance

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MT 103/202

Amro Capital Holding Inc provided these transaction for our Client

  • The MT103 is a SWIFT message format used for making payments. MT103 SWIFT payments are known as international wire transfers, telegraphic transfers, standard EU payments.

  • MT202 is a SWIFT message format for financial institution transfer. It is used to order the movement of funds to the beneficiary institution via another financial institution/Intermediary Bank. This is used in Cover mode of fund transfer. MT202 is the enhanced version of MT202