SWIFT ISO15022 Standard
Detail view for message MT705 - Pre-Advice of a Documentary Credit
Financial acronyms
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Purpose of the message MT705
Provides brief advice of a documentary credit for which full details will follow
Scope of the message MT705
This message is sent by the issuing bank to the advising bank.
It is a brief advice of a documentary credit, the full details of which will follow.
The pre-advice is not an operative credit instrument. Unless otherwise stated, the issuing bank must forward the operative credit instrument, that is, MT 700 Issue of a Documentary credit, without delay.
Structure of the message MT705
Message fields
1
40A
Form of Documentary Credit
M
2
20
Documentary Credit Number
M
3
31D
Date and Place of Expiry
M
4
50
Applicant
M
5
59
Beneficiary
M
6
32B
Currency Code, Amount
M
7
39A
Percentage Credit Amount Tolerance
C
8
39B
Maximum Credit Amount
C
9
39C
Additional Amounts Covered
O
10
41a
A
Available With ... By ...
O
D
11
44A
Place of Taking in Charge/Dispatch from .../Place of Receipt
O
12
44E
Port of Loading/Airport of Departure
O
13
44F
Port of Discharge/Airport of Destination
O
14
44B
Place of Final Destination/For Transportation to .../Place of Delivery
O
15
44C
Latest Date of Shipment
C
16
44D
Shipment Period
C
17
45A
Description of Goods and/or Services
O
18
57a
A
'Advise Through' Bank
O
B
D
19
79
Narrative
O
20
72
Sender to Receiver Information
O