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MT 103 means Wire transfer, Cable transfer, telegraphic transfer of the funds from one account to another account with out any conditions.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoMT103 is a payment order
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What is MT103 in banking means?
transfer of funds from one bank to another
Can MT103-23 be discounted?
Can MT103-23 be discounted?
Barclays banking abbreviations what does DWL stand for?
what does ATM stand for
What is MT103 and MT760?
MT103 and MT760 are international financial transaction code numbers. The code, MT103 SWIFT message is the most commonly used.
What does TT stand for in banking?
Telegraphic Transfer
What is a Swift MT 103 field 71?
MT103 is customer money transfer and more predominantly being used in banking field under swift modem. However field 71 is attached with charges.
What does cebs stand for?
Committee of European Banking Supervisors
What does IRA stand for in banking?
Individual Retirement Account.
What does DD stand for in banking?
it stands for Demand Draft
What is conditional MT103?
An MT103 is a SWIFT message sent to make a transfer of funds. It is commonly known as a 'wire transfer' because the payment is made electronically (over a wire). There is no 'conditional' to an MT103. It will happen and is, by definition, unconditional.
What does hsbc stand for?
It stands for Hongkong and Shanghai Banking Corporation.
What does FPI stand for in banking?
It stands for Fuel Price Index
