SWIFT ISO15022 Standard
Detail view for message MT707 - Amendment to a Documentary Credit
Financial acronyms
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Purpose of the message MT707
Informs the Receiver of amendments to the terms and conditions of a documentary credit
Scope of the message MT707
This message is sent by the issuing bank to the advising bank. It may also be sent by an advising bank to another advising bank or by a transferring bank to an advising bank.
It is used to inform the Receiver about amendments to the terms and conditions of a documentary credit issued by the Sender or by a third bank.
The amendment is to be considered as part of the documentary credit, unless the MT 707 is used to convey only brief details of the amendment, details of which are to follow.
Structure of the message MT707
Message fields
1
20
Sender's Reference
M
2
21
Receiver's Reference
M
3
23
Issuing Bank's Reference
O
4
52a
A
Issuing Bank
O
D
5
31C
Date of Issue
O
6
30
Date of Amendment
O
7
26E
Number of Amendmen
O
8
59
Beneficiary (before this amendment)
M
9
31E
New Date of Expiry
C
10
32B
Increase of Documentary Credit Amount
C
11
33B
Decrease of Documentary Credit Amount
C
12
34B
New Documentary Credit Amount After Amendment
C
13
39A
Percentage Credit Amount Tolerance
C
14
39B
Maximum Credit Amount
C
15
39C
Additional Amounts Covered
C
16
44A
Place of Taking in Charge/Dispatch from .../Place of Receipt
C
17
44E
Port of Loading/Airport of Departure
C
18
44F
Port of Discharge/Airport of Destination
C
19
44B
Place of Final Destination/For Transportation to .../Place of Delivery
C
20
44C
Latest Date of Shipment
C
21
44D
Shipment Period
C
22
79
Narrative
C
23
72
Sender to Receiver Information
C