Last reviewed: · Curated by Ohmyfin Organisation editorial.
Field 111 is the Service Type Identifier inside block 3 of the MT103. It declares which SWIFT GPI service the payment is using. Three-digit code.
How an MT103 maps to the UETR (field 121), sender reference (field 20), value-date/currency/amount (field 32A) and beneficiary details. Source: SWIFT MT103 specification.
Details
Common values: 001 — gpi Customer Credit Transfer (CCT). 002 — gpi Cover (gCOV). 003 — gpi Stop and Recall (gSRP). 004 — gpi Case Resolution (gCASE). 005 — gpi Instant.
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