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MT999 is a message type used in the SWIFT network for free format messages. It allows financial institutions to send non-standardized messages that do not fit into other predefined categories, facilitating communication between banks for various purposes, such as inquiries or clarifications. Typically, it is utilized to exchange information that may require immediate attention or to address specific issues that arise in transactions.

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2mo ago

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Is an mt199 or mt999 a cash instrument?

No


What is the difference between mt199 and mt999?

MT199 and MT999 are both message types used in the SWIFT network for financial messaging. The MT199 is a free-format message used for general inquiries or communications between financial institutions, while the MT999 is specifically a free-format message that does not have any predefined fields or structure and can be used for various purposes not covered by other message types. Essentially, MT199 is more focused on inquiries, while MT999 serves as a catch-all for miscellaneous communications.


What is a mt999?

A MT999 is a message type in the SWIFT system used in financial transactions. It is a free format message that is used to confirm the details of a transaction or provide information about a payment. MT999 messages are not considered as financial instructions, but rather as a way to communicate information between financial institutions.


What is a swift transfer mt999 means?

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