SWIFT messages used in trade operations (DCs, BCs & LGs)          Download Brochure

By the end of this course you will be able to:

.Introduce the proper use of categories 4(documentary collection) & 7(documentary credit) messages applying practical cases.

Course Outline:

.Clean payment messages

.1-MT103

.2-MT202 COV

.Documentary collection messages

.1-MT400 advice of payment

.2-MT410 acknowledgment

.3-MT412 advice of acceptance

.4-MT420 tracer

.5-MT422 advice of fate and request for instructions

.6-MT430 amendment of instructions

.7-The relation between MT202 & THE MT 400

.Documentary credit messages

.1-MT705 pre-advice of a documentary credit

.2-MT700 details of issuance of a documentary credit

.3-MT701 continuation OF MT700

.4-MT707 amendment to a documentary credit

.5-MT708 Continuation of an MT 707

.6-MT710 advice of a third-party documentary credit

.7-MT720 transfer of a documentary credit

.8-MT730 acknowledgment

.9-MT732 advice of discharge

.10-MT734 advice of refusal

.11-MT740 reimbursement authorization

.12-MT742 reimbursement claim

.13-MT744 notice of non-conforming Reimbursement Claim

.14-MT747 amendment to a reimbursement authorization

.15-MT750 advice of discrepancy

.16-MT752 authorization to pay, accept or negotiate

.17-MT754 advice of payment, acceptance or negotiation

.18-MT756 advice of reimbursement or payment

.19-MT759 Ancillary Trade Structured Message

.20-The relation between MT202 & MT754

Target Audience:

.All trade services staff

Prerequisites:

.2 years experience in trade finance.​

This course entitles you to attend:

Upon successful completion of this course, participants will obtain:

.Training attendance certificate.