SWIFT ISO15022 Standard
Detail view for message MT769 - Advice of Reduction or Release
Financial acronyms
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Purpose of the message MT769
Advises that a bank has been released of its liability for a specified amount under its guarantee or standby letter of credit
Scope of the message MT769
This message is sent by a bank which has received a guarantee to the bank which has issued the guarantee. It may also be sent by a bank which has been requested to issue a guarantee to the bank which requested the issuance of the guarantee.
This message may also be used for Standby Letters of Credit.
It is used to advise the Receiver that it has been released of all liability for the amount specified in field 33B or field 39C.
The Sender's charges may also be accounted for in this message.
Structure of the message MT769
Message fields
1
20
Transaction Reference Number
M
2
21
Related Reference
M
3
25
Account Identification
C
4
30
Date of Reduction or Release
O
5
32a
B
Amount of Charges
C
D
6
33B
Amount Reduced or Released
C
7
34B
Amount Outstanding
O
8
39C
Amount Specification
C
9
57a
A
Account With Bank
C
B
D
10
71B
Details of Charges
O
11
72
Sender to Receiver Information
O