SWIFT ISO15022 Standard
Detail view for message MT350 - Advice of Loan/Deposit Interest Payment
Purpose of the message MT350
Advises of a loan/deposit interest payment
Scope of the message MT350
It is used to inform that an interest amount has been paid to the account of the beneficiary with the receiving agent mentioned in the message.
The message may also be used to notify the details of:
- an amendment to a previously sent advice
- the cancellation of an advice.
This message is sent by or on behalf of the institution or corporate, party A who has borrowed cash from the institution or corporate, party B.
Structure of the message MT350
Sequence A - General information [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
1
15A
New Sequence
M
2
20
Sender's Reference
M
3
21
Related Reference
C
4
22A
Type of Operation
M
5
94A
Scope of Operation
O
6
22C
Common Reference
M
7
21N
Contract Number Party A
C
8
82a
A
Party A
M
D
J
9
87a
A
Party B
M
D
J
10
83a
A
Fund or Instructing Party
O
D
J
11
72
Sender to Receiver Information
O
Sequence B - Interest Information [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
12
15B
New Sequence
M
13
30G
Interest Period
M
14
32B
Currency and Principal Amount
M
15
30V
Value Date of Interest Payment
M
16
34B
Currency and Interest Amount
M
17
37M
Interest Rate
M
18
14D
Day Count Fraction
M
19
30F
Next Interest Payment Date
M
Sequence C - Settlement Instructions [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
20
15C
New Sequence
M
21
53a
A
Delivery Agent
O
D
J
22
86a
A
Intermediary 2
C
D
J
23
56a
A
Intermediary
O
D
J
24
57a
A
Receiving Agent
M
D
J
25
58a
A
Beneficiary Institution
O
D
J
Sequence D - Tax Information and Broker's Commission [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
26
15D
New Sequence
M
27
34B
Transaction Currency and Interest Amount
M
28
33B
Transaction Currency and Net Interest Amount
M
29
36
Exchange Rate
O
Sequence D1 - Tax Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
30
37L
Tax Rate
M
31
33E
Reporting Currency and Tax Amount
M
Sequence D2 - Broker's Commission Information [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
32
71F
Broker's Commission
M
33
37L
Tax Rate on Broker's Commission
O
34
33E
Reporting Currency and Tax Amount on Broker's Commission
O