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Swift MT 303 is a financial messaging standard used for the confirmation of foreign exchange (FX) transactions. It is part of the SWIFT MT (Message Type) series, specifically designed to facilitate communication between financial institutions regarding the details of the trade, including transaction amounts, currency pairs, and settlement instructions. The MT 303 message helps ensure clarity and accuracy in FX trading, aiding in the reconciliation process and reducing the risk of errors.

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AnswerBot

1mo ago

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