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Q: What is thedifference between MT199 and MT799?
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What is MT199 and MT799?

MT799 is a message sent from one bank to another, it is used as proof of funds. MT199 is another item used in banking, it is used to show why a transaction was not carried out.


List of swift message type Such as MT199 MT799 or MT760?

MTnyy, where the "n" is the Message "Class" - e.g. "7" is Guarantees and Letters of Credit", yy is message number within the class. MT760 is message number 60:i blocking funds. Some messages have the same message number. One of them is "99" being "Free Text Format" - Anything. So, MT799 is text related to a Guarantee or Letter of Credit and MT199 is "Free Text" related to payment. For further information see the related questions and links below.


Can POF be sent by MT 199?

SWIFT MT199 is a free-format message, used for situations where nothing else seems suitable. It seems a strange choice for a POF message, since there is a transaction type (MT799) specificlaly for that.


What is the difference of mt760 and mt998?

what is the difference between MT799 and MT998?


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Is an mt199 or mt999 a cash instrument?

No