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MT 205 Scope

This message is sent by the Receiver of a category 2 message that is, MT 200, 201, 202, 203 or 205, or equivalent (for example ISO 20022 Financial Institution Credit Transfer), directly, or through correspondent(s), to the financial institution of the beneficiary institution.

It is used to further transmit a funds transfer instruction where Sender and Receiver are located in the same country.

If the funds transfer instruction is related to an underlying customer credit transfer that was sent with the cover method, then the MT 205 must not be used.