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Subjects>Business>Accounting

What is a MT798?

Updated: 9/15/2023

Wiki User

∙ 13y ago

Best Answer

MT798 is an authenticated message that is used by Corporates in lieu of the MT 760 to send financial instruments such as Safekeeping Receipts, Import Letters of Credit, Export Letters of Credit and Standby Letters of Credit to member Banks of the SWIFT system.

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K.O/Accra-Ghana

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∙ 13y ago

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Related questions

Can we treat MT700 received through MT798 as an authenticated message from issuing bank?

Never, MT798 was always and remains as Free Format Message!

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