The following table lists all Collections message types defined in Category 4.
For each message type, there is a short description, an indicator whether the message type is signed (Y or N), the maximum message length on input (2,000 or 10,000 characters) and whether the use of the message requires registration with SWIFT for use in a message user group (Y or N).
 MT |
MT Name |
Purpose |
Signed
(1) |
Max. Length |
MUG |
|---|---|---|---|---|---|
| 400 |
Advice of Payment |
Advises of a payment under a collection or part thereof. It also handles the settlement of proceeds |
Y |
2,000 |
N |
| 410 |
Acknowledgement |
Acknowledges receipt of a collection. It also specifies if the collecting bank does not intend to act in accordance with the collection instruction |
Y |
2,000 |
N |
| 412 |
Advice of Acceptance |
Informs the remitting bank of the acceptance of one or more drafts under one collection instruction |
Y |
2,000 |
N |
| 416 |
Advice of Non-Payment/Non-Acceptance |
Advises of the non-payment or non-acceptance under a previously received collection |
Y |
10,000 |
Y |
| 420 |
Tracer |
Enquires about documents sent for collection |
Y |
2,000 |
N |
| 422 |
Advice of Fate and Request for Instructions |
Advises the remitting bank of the fate of one or more collection documents; usually accompanied by one or more questions or requests |
Y |
2,000 |
N |
| 430 |
Amendment of Instructions |
Amends collection instructions |
Y |
2,000 |
N |
(1) A Relationship Management Application (RMA) authorisation is required in order to sign a message.
| Note: |
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