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Old 06-27-2004, 03:48 PM  
greenlab
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Join Date: Oct 2002
Posts: 252
Quote:
Originally posted by gallery
Greenlab,

Have you worked for SWIFT ?

You have a good knowledge of their business :-)

So what's an MT100 ?

no..lol but i like to keep myself in a very informant shape


MT100 is the old SWIFT message format standard...it was develped about 25 years ago and can no loger be used since november 2003

the new message format is MT103 witch is a little evolved and more complex than the old MT100. Since november 2003 all banks must use MT103 when are issuing a FIN message trough the SWIFT network.
Also there are another 2 more evolved versions of MT103, called MT103+ and MT 103 REMIT, but they are mostly used for interbanks comunications and etc.
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