In the following example Sender and Receiver are subscribed to the MT 103 Extended Remittance Information Message User Group.
Narrative
Franz Holzapfel G.m.b.H. orders Bank Austria, Vienna, to pay euro 1,958.47 to ABN Amro Bank, Amsterdam, for the account of H.F. Janssen, 50 26 64 959. Franz Holzapfel G.m.b.H. does this by using an EDIFACT payment order with remittance advice information. He agreed with H.F. Janssen on the format of this information. Bank Austria, Vienna, and ABN Amro Bank, Amsterdam, agreed on the way they exchange EDIFACT Remittance Information.
BKAUATWW subscribed to the MT 103 Extended Remittance Information Message User Group, as did its Dutch correspondent ABNANL2A.
Information Flow
SWIFT Message, MT 103 REMIT
 Explanation |
Format |
|---|---|
| Sender |
|
| Message type |
|
| Receiver |
|
| Message text |
|
| Sender's reference |
|
| Bank operation code |
|
| Value date/currency/interbank settled amount |
|
| Currency/Instructed Amount |
|
| Ordering customer |
|
| Beneficiary customer |
|
| Details of charges |
|
| Envelope contents |
|
| End of message text/trailer |
|
| Note: |
No reimbursement party has been indicated in the above message. The direct account relationship, in the currency of the transfer, between the Sender and Receiver will be used. |
