SWIFT ISO15022 Standard
Detail view for message MT205 - Financial Institution Transfer Execution
Purpose of the message MT205
Further transmits a transfer request domestically, except if the transfer is related to an underlying customer credit transfer that was sent with the cover method, in which case the MT 205 COV must be used.
Scope of the message MT205
This message is sent by the Receiver of a category 2 message that is, MT 200, 201, 202, 203 or 205, or equivalent (for example ISO 20022 Financial Institution Credit Transfer), directly, or through correspondent(s), to the financial institution of the beneficiary institution. All parties identified in the message must be financial institutions.
It is used to further transmit a funds transfer instruction where Sender and Receiver are located in the same country.
If the funds transfer instruction is related to an underlying customer credit transfer that was sent with the cover method, then the MT 205 must not be used.
Structure of the message MT205
Message fields
1
20
Transaction Reference Number
M
Definition
This field specifies the reference assigned by the Sender to unambiguously identify the message.
Definition
This field contains a reference to the related transaction.
Definition
This repetitive field specifies one or several time indication(s) related to the processing of the payment instruction.
Format
| Option C | /8c/4!n1!x4!n | (Code)(Time indication)(Sign)(Time offset) |
4
32A
Value Date, Currency Code, Amount
M
Definition
This field specifies the value date, currency and amount to be transferred.
Format
| Option A | 6!n3!a15d | (Date)(Currency)(Amount) |
5
52a
A
Ordering Institution
M
Definition
This field specifies the ordering financial institution when other than the Sender of the message.
Format
| Option A | [/1!a][/34x]
4!a2!a2!c[3!c] | (Party Identifier)
(Identifier Code) |
| Option D | [/1!a][/34x]
4*35x | (Party Identifier)
(Name and Address) |
6
53a
A
Sender's Correspondent
O
Definition
This field specifies the account or branch of the Sender or another financial institution through which the Sender will reimburse the Receiver.
Format
| Option A | [/1!a][/34x]
4!a2!a2!c[3!c] | (Party Identifier)
(Identifier Code) |
| Option B | [/1!a][/34x]
[35x] | (Party Identifier)
(Location) |
| Option D | [/1!a][/34x]
4*35x | (Party Identifier)
(Name and Address) |
7
56a
A
Intermediary Institution
O
Definition
This field specifies the financial institution through which the transaction must pass to reach the account with institution.
Format
| Option A | [/1!a][/34x]
4!a2!a2!c[3!c] | (Party Identifier)
(Identifier Code) |
| Option D | [/1!a][/34x]
4*35x | (Party Identifier)
(Name and Address) |
8
57a
A
Account With Institution
C
Definition
This field specifies the financial institution which is to pay or credit the beneficiary institution.
Format
| Option A | [/1!a][/34x]
4!a2!a2!c[3!c] | (Party Identifier)
(Identifier Code) |
| Option B | [/1!a][/34x]
[35x] | (Party Identifier)
(Location) |
| Option D | [/1!a][/34x]
4*35x | (Party Identifier)
(Name and Address) |
9
58a
A
Beneficiary Institution
M
Definition
This field specifies the ultimate recipient of the funds being transferred.
Format
| Option A | [/1!a][/34x]
4!a2!a2!c[3!c] | (Party Identifier)
(Identifier Code) |
| Option D | [/1!a][/34x]
4*35x | (Party Identifier)
(Name and Address) |
10
72
Sender to Receiver Information
O
Definition
This field specifies additional information for the Receiver or another party identified in the field.
Format
| 6*35x | (Narrative Structured Format) |
