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SWIFT MT-542 is a type of financial message used in the SWIFT network, specifically for the transfer of securities. It is part of the MT (Message Type) series and is used to instruct the transfer of securities between two parties, typically in the context of a settlement transaction. The message includes details such as the securities involved, the quantity being transferred, and the parties involved in the transaction. This format facilitates standardized communication between financial institutions, ensuring accuracy and efficiency in securities transactions.

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What is MT542 used for?

MT542 is a SWIFT message type used in the financial industry for the notification of securities movements. Specifically, it serves to inform parties involved in a securities transaction about the details of a transfer, including the quantity and type of securities being moved. This message is part of the ISO 15022 standard and is primarily utilized by custodians and financial institutions to facilitate the settlement processes of securities transactions.


What is an MT542?

An MT542 is a type of SWIFT message used in the financial industry, specifically for securities transactions. It is part of the MT5xx series and is utilized for the settlement of securities trades, providing details about the transfer of ownership and other relevant transaction information. The message typically includes information such as the transaction type, security identification, and settlement date, facilitating efficient communication between financial institutions.


What is a swift MT54X?

MT540 Receive Free MT541 Receive Against Payment MT542 Deliver Free MT543 Deliver Against Payment MT544 Receive Free Confirmation MT545 Receive Against Payment Confirmation MT546 Deliver Free Confirmation MT547 Deliver Against Payment Confirmation MT548 Settlement Status / Processing Advice MT549 Request Statement / Status Advice


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