Stand for Message Type 730
from Seder (Advising bank) to receiver (Issuing bank)
Seven hundred thirty and 00/100
Mt 103 is a instruction send to bank or financial institution to pay final beneficiary. The fields in mt 103 elaborate the information regards to the transaction.
This MT massage type is used in case of Confirmed letter of Credit
An MT 192 is sent to the beneficiary bank requesting to cancel a payment.
2 differences: 1) SWIFT MT 940 messages are sent between financial institutions only, whereas MT 950s can be sent directly to (usually large) corporate Swift users 2) MT 940s include a free text field, whereas MT 950s don't
730
730
30%off of 730 = 730 - (0.3 x 730) = 511
10 percent of 730 is equal to 730/10, or 73.
730% = 730/100 which can be simplified to 73/10
182.5
730-35 = 695
730.
730 = DCCXXX
730 is divisible by 10
3x-730 = -727
730