SWIFT ISO15022 Standard
Detail view for message MT701 - Issue of a Documentary Credit
Financial acronyms
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Purpose of the message MT701
Continuation of an MT 700 for fields 45a, 46a and 47a
Scope of the message MT701
This message is sent by the issuing bank to the advising bank.
It is used to indicate the terms and conditions of a documentary credit which has been originated by the Sender (issuing bank).
This message is sent in addition to an MT 700 Issue of a Documentary Credit, when the information in the documentary credit exceeds the maximum input message length of the MT 700.
Structure of the message MT701
Message fields
1
27
Sequence of Total
M
2
20
Documentary Credit Number
M
3
45B
Description of Goods and/or Services
O
4
46B
Documents Required
O
5
47B
Additional Conditions
O