Last reviewed: · Curated by Ohmyfin Organisation editorial.
Field 53A is the Sender's Correspondent — the bank where the sender holds the account that will be debited in the payment currency. Identified by BIC.
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
Used to tell intermediary banks where to draw the funds. Mostly relevant when the sender does not have a direct nostro account in the payment currency with the receiver.
Quick facts
SWIFT field specification
Example value
:53A:SENDCORR1XXX
Valid characters / format
BIC
Required on MT103
Optional
Required on MT202
Optional
Required on pacs.008
Optional
Notes
Sender's correspondent.
Key facts
Optional MT103 field
BIC of the sender's nostro correspondent
Drives which account the funds come from
Frequently asked questions
Is field 53A required?
Only when the funds need to be drawn from a correspondent account other than the sender's direct account with the receiver.
Related — more from swift field reference and beyond
Get 100 free credits — track unlimited SWIFT payments
No card needed. Free for ordinary users — 5 IP-based lookups per day, plus 100 credits instantly when you sign up with email. Use them on any international wire across 11,000+ banks.
