Voir iotafinance en FrançaisYou are viewing the English version of iotafinance.comIotafinance auf Deutsch sehen
Icon for pthe ractical information section

SWIFT ISO15022 Standard
Detail view for message MT700 - Issue of a Documentary Credit

 Purpose of the message MT700

Indicates the terms and conditions of a documentary credit

 Scope of the message MT700

This message is sent by the issuing bank to the advising bank.

It is used to indicate the terms and conditions of a documentary credit which has been originated by the Sender (issuing bank).

  Structure of the message MT700

Message fields
1
27 
 
Sequence of Total
M
2
40A
 
Form of Documentary Credit
M
3
20 
 
Documentary Credit Number
M
4
23 
 
Reference to Pre-Advice
O
5
31C
 
Date of Issue
O
6
40E
 
Applicable Rules
M
7
31D
 
Date and Place of Expiry
M
8
51a
A
Applicant Bank
O
 
 
D
 
 
9
50 
 
Applicant
M
10
59 
 
Beneficiary
M
11
32B
 
Currency Code, Amount
M
12
39A
 
Percentage Credit Amount Tolerance
C
13
39B
 
Maximum Credit Amount
C
14
39C
 
Additional Amounts Covered
O
15
41a
A
Available With ... By ...
M
 
 
D
 
 
16
42C
 
Drafts at ...
C
17
42a
A
Drawee
C
 
 
D
 
 
18
42M
 
Mixed Payment Details
C
19
42P
 
Deferred Payment Details
C
20
43P
 
Partial Shipments
O
21
43T
 
Transshipment
O
22
44A
 
Place of Taking in Charge/Dispatch from .../Place of Receipt
O
23
44E
 
Port of Loading/Airport of Departure
O
24
44F
 
Port of Discharge/Airport of Destination
O
25
44B
 
Place of Final Destination/For Transportation to .../Place of Delivery
O
26
44C
 
Latest Date of Shipment
C
27
44D
 
Shipment Period
C
28
45A
 
Description of Goods and/or Services
O
29
46A
 
Documents Required
O
30
47A
 
Additional Conditions
O
31
71B
 
Charges
O
32
48 
 
Period for Presentation
O
33
49 
 
Confirmation Instructions
M
34
53a
A
Reimbursing Bank
O
 
 
D
 
 
35
78 
 
Instructions to the Paying/Accepting/Negotiating Bank
O
36
57a
A
'Advise Through' Bank
O
 
 
B
 
 
 
 
D
 
 
37
72 
 
Sender to Receiver Information
O