SWIFT MT 103 Basic Format for Wire Transfer

International Wire Transfers payments are sent usually through SWIFT in the following format :

Beneficiary Bank Information:
Name of bank:
SWIFT ID:
Street:
Postal Code/City:
Country:

Beneficiary Personal Information:
Account #:
First name:
Last Name:
Address:
Postal Code/City:
Country:

Correspondent Bank:

The following table gives the SWIFT MT 103 Basic Format for Wire Transfer

Tag Field Name

20 Sender’s Reference

13C Time Indication

23B Bank Operation Code

23E Instruction Code

26T Transaction Type Code

32A Value Date/Currency/Interbank/Settled Amount

33B Currency/Instructed Amount

36 Exchange Rate

50a Ordering Customer

51A Sending Institution

52a Ordering Institution

53a Sender’s Correspondent

54a Receiver’s Correspondent

55a Third Reimbursement Institution

56a Intermediary Institution

57a Account With Institution

59a Beneficiary Customer

70 Remittance Information

71A Details of Charges

71F Sender’s Charges

71G Receiver’s Charges

72 Sender to Receiver Info

77B Regulatory Reporting

77T Envelope Contents

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SWIFT MT 103 Basic Format for Wire Transfer

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