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.