Messages & Fields
By Ohmyfin Organisation Editorial Team · Published 2026-05-12 · Updated 2026-05-22
SWIFT defines roughly 200 standardised message types across 10 categories. Most apply only to specialist trading desks. For a treasury team or CFO, twelve cover 95% of operational scenarios.
MT103 — Single Customer Credit Transfer. The everyday cross-border wire. Soon migrating to pacs.008 under ISO 20022.
MT202 — General Financial Institution Transfer. Bank-to-bank settlement, often used to fund the correspondent leg of an MT103.
Payment Located
SWIFT GPI Network · Real-time status
Payment Not Found
No record found in SWIFT GPI or any correspondent banking data
Fraud Awareness Notice
If you received a payment document from a third party, verify directly with your own bank before releasing goods or funds. Fake MT103 / pacs.008 confirmations are widely used in advance-fee scams. See our fraud guide →
Monitor for 7 Days — Free
We re-check every few hours and notify you the instant this payment appears — no account, no spam.
Watching — we'll email you the moment it appears.
Not sure what to do next?
Ask SwiftMate, our SWIFT assistant, for guidance on payment delays, rejections, and next steps.
Payments can appear hours after initiation — try again later
MT202 COV — Cover. Carries customer information alongside the bank-to-bank funds movement for AML transparency.
MT199 — Free-Format Message in category 1. Used for customer-related free text (e.g. inquiries about a specific MT103).
MT299 — Free-Format Message in category 2. Bank-to-bank operational chat.
MT700 — Issue of a Documentary Credit. The classic commercial letter of credit issuance.
MT760 — Issue of Demand Guarantee or Standby Letter of Credit. The instrument behind most bank guarantees.
MT940 — Customer Statement Message. End-of-day account statement; your treasury system ingests these nightly.
MT942 — Interim Transaction Report. Intraday cumulative activity, used by treasury for real-time cash positioning.
MT900 — Confirmation of Debit. The notification your bank sends when an outgoing wire has been debited.
MT910 — Confirmation of Credit. The corresponding incoming-credit notification.
MT195 / MT196 — Inquiry / Answer (cat 1). The trace-and-reply pair for customer-payment investigations.
Key takeaways
MT103 = customer credit transfer. The wire.
MT202 / MT202 COV = bank funding leg.
MT940 / MT942 = statements / intraday.
MT900 / MT910 = debit / credit notifications.
MT195 / MT196 = inquiry / answer for tracing.
Frequently asked questions
Will all of these survive the ISO 20022 cutover?
MT103, MT202, MT103/202 COV become pacs.008 / pacs.009. MT940/942 become camt.053 / camt.052. MT900/910 become camt.054. The trade-finance MT 7xx series remain on MT for now.
Should our treasury system ingest MT940 or camt.053?
If your bank supports camt.053, ingest that — richer structured data. MT940 will be supported alongside camt for years.
What is MT940 vs MT950?
MT940 = customer statement (used by corporates). MT950 = bank-to-bank statement (used between banks for nostro reconciliation).
How do MT199 and MT299 differ?
MT199 is a free-format message in category 1 (customer payments — typically used for customer-related inquiries). MT299 is the same in category 2 (bank-to-bank). The content is unstructured text in both.
Payment Located
SWIFT GPI Network · Real-time status
Payment Not Found
No record found in SWIFT GPI or any correspondent banking data
Fraud Awareness Notice
If you received a payment document from a third party, verify directly with your own bank before releasing goods or funds. Fake MT103 / pacs.008 confirmations are widely used in advance-fee scams. See our fraud guide →
Monitor for 7 Days — Free
We re-check every few hours and notify you the instant this payment appears — no account, no spam.
Watching — we'll email you the moment it appears.
Not sure what to do next?
Ask SwiftMate, our SWIFT assistant, for guidance on payment delays, rejections, and next steps.
Payments can appear hours after initiation — try again later