MT 107 Format Specifications

The MT 107 consists of three sequences:

• Sequence A General Information is a single occurrence mandatory sequence and contains information to be applied to all individual transactions detailed in sequence B.

• Sequence B Transaction Details is a repetitive mandatory sequence; each occurrence provides details of one individual transaction. Fields which appear in both sequences A and B are mutually exclusive.

• Sequence C Settlement Details is a single occurrence mandatory sequence and provides further settlement information for all transactions mentioned in sequence B.

MT 107 General Direct Debit Message

Status	Tag	Field Name	Content/Options	No.
Mandatory Sequence A General Information
M	20	Sender's Reference	16x	1
O	23E	Instruction Code	4!c[/30x]	2
O	21E	Registration Reference	35x	3
M	30	Requested Execution Date	6!n	4
O	51A	Sending Institution	[/1!a][/34x] 4!a2!a2!c[3!c]	5
O	50a	Instructing Party	C or L	6
O	50a	Creditor	A or K	7
O	52a	Creditor's Bank	A, C, or D	8
O	26T	Transaction Type Code	3!c	9
O	77B	Regulatory Reporting	3*35x	10
O	71A	Details of Charges	3!a	11
O	72	Sender to Receiver Information	6*35x	12
End of Sequence A General Information
-----> Mandatory Repetitive Sequence B Transaction Details
M	21	Transaction Reference	16x	13
O	23E	Instruction Code	4!c[/30x]	14
O	21C	Mandate Reference	35x	15
O	21D	Direct Debit Reference	35x	16
O	21E	Registration Reference	35x	17
M	32B	Currency and Transaction Amount	3!a15d	18
O	50a	Instructing Party	C or L	19
O	50a	Creditor	A or K	20
O	52a	Creditor's Bank	A, C, or D	21
O	57a	Debtor's Bank	A, C, or D	22
M	59a	Debtor	No letter option or A	23
O	70	Remittance Information	4*35x	24
O	26T	Transaction Type Code	3!c	25
O	77B	Regulatory Reporting	3*35x	26
O	33B	Currency/Original Ordered Amount	3!a15d	27
O	71A	Details of Charges	3!a	28
O	71F	Sender's Charges	3!a15d	29
O	71G	Receiver's Charges	3!a15d	30
O	36	Exchange Rate	12d	31
-----| End of Sequence B Transaction Details
Mandatory Sequence C Settlement Details
M	32B	Currency and Settlement Amount	3!a15d	32
O	19	Sum of Amounts	17d	33
O	71F	Sum of Sender's Charges	3!a15d	34
O	71G	Sum of Receiver's Charges	3!a15d	35
O	53a	Sender's Correspondent	A or B	36
End of Sequence C Settlement Details
M = Mandatory, O = Optional