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The beneficiary institution of Punjab National Bank (PNB) can vary depending on the specific context, such as a loan, grant, or investment initiative. Generally, PNB serves a wide range of beneficiaries, including individuals, small and medium enterprises, and larger corporations across India and beyond. The bank operates numerous branches throughout the country, making its services accessible to various communities. For specific programs or collaborations, additional details would be needed to identify the exact beneficiary institution.

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6d ago

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The MT202 is a payment message. This message is sent by or on behalf of the ordering institution directly, or through correspondent(s), to the financial institution of the beneficiary institution. It is used to order the movement of funds to the beneficiary institution. This message may also be sent to a financial institution servicing multiple accounts for the Sender to transfer funds between these accounts. In addition it can be sent to a financial institution to debit an account of the Sender serviced by the Receiver and to credit an account, owned by the Sender at an institution specified in field 57a.


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mt202-This message is sent by or on behalf of the ordering institution directly, or through correspondent(s), to the financial institution of the beneficiary institution. It is used to order the movement of funds to the beneficiary institution. This message may also be sent to a financial institution servicing multiple accounts for the Sender to transfer funds between these accounts. In addition it can be sent to a financial institution to debit an account of the Sender serviced by the Receiver and to credit an account, owned by the Sender at an institution specified in field 57a. Standards


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