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