Export currency guide - cashmanagement.bnpparibas.com · Indonesia Indonesian rupiah IDR Israel...
Transcript of Export currency guide - cashmanagement.bnpparibas.com · Indonesia Indonesian rupiah IDR Israel...
April 2019
Disclaimer
This document has been prepared by BNP PARIBAS for informational purposes only. Althoughthe information in this document has been obtained from sources which BNP PARIBAS believesreliable, we do no represent or warrent its accuracy, and such information may be incompleteor condensed. This document does not constitute a prospectus or solicitation.
All estimates and opinions included in this document constitute our judgement as of the date ofthe document and may be subject to change without notice. Changes to assumptions may havea material impact on any recommendations made herein.
The elements of information provided hereafter represent detailed requirements for optimisinginternational payment processing with BNP Paribas. In certain BNP Paribas branches, not all thecurrencies mentioned are available for making payments and some currencies may haveadditional requirements. Please contact your Account Manager for more details.
In case you use the PDF version of the Currency Guide, please make sure to always use thelatest version as regular updates to the Currency Guide are being performed.
This document is confidential and is being submitted toselected recipients only. It may not bereproduced (in whole or in part) to any other person without the prior written permission ofBNP PARIBAS.
© 2019 BNP PARIBAS. All rights reserved.
Currency Guide
Table of Contents
Introduction 7 ....................................................................................................................................................... Best practices for successful international payments 8 ............................................................................................ Currency Availability at BNP Paribas 10 ................................................................................................................. List of countries and currency codes 11 ................................................................................................................. Currency holidays 15 ..........................................................................................................................................
Currencies 20 ........................................................................................................................................................ AED 23 .............................................................................................................................................................. ALL 27 ............................................................................................................................................................... AMD 30 ............................................................................................................................................................. ANG 33 .............................................................................................................................................................. AOA 36 .............................................................................................................................................................. AUD 39 .............................................................................................................................................................. AWG 42 ............................................................................................................................................................. AZN 45 .............................................................................................................................................................. BAM 49 .............................................................................................................................................................. BBD 52 .............................................................................................................................................................. BDT 54 .............................................................................................................................................................. BGN 57 .............................................................................................................................................................. BHD 60 .............................................................................................................................................................. BIF 63 ................................................................................................................................................................ BMD 66 ............................................................................................................................................................. BND 69 .............................................................................................................................................................. BOB 72 .............................................................................................................................................................. BRL 75 .............................................................................................................................................................. BSD 78 .............................................................................................................................................................. BTN 80 .............................................................................................................................................................. BWP 83 ............................................................................................................................................................. BYN 86 .............................................................................................................................................................. BZD 89 .............................................................................................................................................................. CAD 92 .............................................................................................................................................................. CDF 95 .............................................................................................................................................................. CHF 98 .............................................................................................................................................................. CLP 101 ............................................................................................................................................................. CNY 104 ............................................................................................................................................................ COP 108 ............................................................................................................................................................ CRC 111 ............................................................................................................................................................ CVE 114 ............................................................................................................................................................ CZK 117 ............................................................................................................................................................ DJF 121 ............................................................................................................................................................. DKK 124 ............................................................................................................................................................ DOP 127 ............................................................................................................................................................ DZD 130 ............................................................................................................................................................ EGP 134 ............................................................................................................................................................ ERN 136 ............................................................................................................................................................ ETB 139 ............................................................................................................................................................ EUR 141 ............................................................................................................................................................ FJD 145 .............................................................................................................................................................
GBP 148 ............................................................................................................................................................ GEL 151 ............................................................................................................................................................ GHS 154 ............................................................................................................................................................ GMD 157 ........................................................................................................................................................... GNF 160 ............................................................................................................................................................ GTQ 163 ............................................................................................................................................................ GYD 165 ............................................................................................................................................................ HKD 168 ............................................................................................................................................................ HNL 170 ............................................................................................................................................................ HRK 173 ............................................................................................................................................................ HTG 176 ............................................................................................................................................................ HUF 178 ............................................................................................................................................................ IDR 182 ............................................................................................................................................................. ILS 185 .............................................................................................................................................................. INR 188 ............................................................................................................................................................. JMD 192 ............................................................................................................................................................ JOD 194 ............................................................................................................................................................. JPY 197 .............................................................................................................................................................. KES 201 ............................................................................................................................................................ KGS 203 ............................................................................................................................................................ KHR 206 ............................................................................................................................................................ KMF 209 ............................................................................................................................................................ KRW 212 ........................................................................................................................................................... KWD 215 ........................................................................................................................................................... KYD 218 ............................................................................................................................................................ KZT 220 ............................................................................................................................................................ LAK 224 ............................................................................................................................................................. LBP 227 ............................................................................................................................................................. LKR 230 ............................................................................................................................................................. LSL 232 ............................................................................................................................................................. MAD 236 ........................................................................................................................................................... MDL 239 ............................................................................................................................................................ MGA 242 ........................................................................................................................................................... MKD 245 ........................................................................................................................................................... MNT 248 ............................................................................................................................................................ MOP 251 ............................................................................................................................................................ MRU 254 ........................................................................................................................................................... MUR 257 ........................................................................................................................................................... MVR 260 ............................................................................................................................................................ MWK 263 ........................................................................................................................................................... MXN 265 ........................................................................................................................................................... MYR 268 ............................................................................................................................................................ MZN 271 ........................................................................................................................................................... NAD 275 ............................................................................................................................................................ NGN 278 ........................................................................................................................................................... NIO 280 ............................................................................................................................................................. NOK 283 ............................................................................................................................................................ NPR 286 ............................................................................................................................................................ NZD 289 ............................................................................................................................................................ OMR 293 ........................................................................................................................................................... PEN 297 ............................................................................................................................................................ PGK 300 ............................................................................................................................................................ PHP 303 ............................................................................................................................................................ PKR 306 ............................................................................................................................................................ PLN 309 ............................................................................................................................................................. PYG 312 ............................................................................................................................................................ QAR 316 ............................................................................................................................................................ RON 320 ............................................................................................................................................................
RSD 323 ............................................................................................................................................................ RUB 326 ............................................................................................................................................................ RWF 331 ............................................................................................................................................................ SAR 335 ............................................................................................................................................................ SBD 338 ............................................................................................................................................................ SCR 340 ............................................................................................................................................................ SEK 343 ............................................................................................................................................................ SGD 346 ............................................................................................................................................................ SLL 349 ............................................................................................................................................................. SRD 352 ............................................................................................................................................................ STN 355 ............................................................................................................................................................ SZL 358 ............................................................................................................................................................. THB 362 ............................................................................................................................................................ TND 365 ............................................................................................................................................................ TOP 368 ............................................................................................................................................................ TRY 370 ............................................................................................................................................................ TTD 373 ............................................................................................................................................................ TWD 375 ........................................................................................................................................................... TZS 378 ............................................................................................................................................................ UGX 381 ............................................................................................................................................................ USD 384 ............................................................................................................................................................ UYU 387 ............................................................................................................................................................ VND 390 ............................................................................................................................................................ VUV 393 ............................................................................................................................................................ WST 396 ............................................................................................................................................................ XAF 399 ............................................................................................................................................................ XCD 402 ............................................................................................................................................................ XOF 405 ............................................................................................................................................................ XPF 408 ............................................................................................................................................................. ZAR 412 ............................................................................................................................................................ ZMW 415 ...........................................................................................................................................................
Currency Guide
Helping you make successful internationalpayments
As a global banking player with a strong local footprint, we are in pole position to observe the changes of ourenvironment. We believe that change is a chance if we know how to make the best of it. This is why our CashManagement team is committed to innovation and to providing the best-in-class advisory services and forward-thinking solutions.
Sharing our knowledge with you is part of our philosophy, and it was the driving force behind the release of thisCurrency Guide, an operational tool that addresses a challenge common to all organisations today: managing theuncertainty and complexity of making international payments.
In a globalised economy, the scenarios are multiple, yet the common denominator between a German-basedchemical group with integrated R&D facilities in India, a US-based chemical group having subsidiaries all around theworld and a Belgian chocolate producer with suppliers in Brazil is that they are all confronted with the potentialrisks brought by making international payments.
Designed for organisations of all sizes and profiles, this Currency Guide builds on the knowledge of our leadingexperts in the domains of foreign exchange and transaction banking. Also available online, it explains the whys,whats and hows of international payments. By delivering the essential guidelines to make successful internationalpayments as well as exhaustive data on more than 130 currencies, it responds to the needs of treasurers while alsosupporting those in charge of making international payments. Visit our dedicated websitehttps://cashmanagement.bnpparibas.com/cg.
This Currency Guide was put together for you. We hope you find it clear and useful.
Wim Grosemans, Global Head of Product Management – Payments & Collections
Currency Guide
Currency Guide
April 2019 | 8
Best practices for successful internationalpayments
This guide provides currency specific information in order to facilitate andoptimise the processing of international payments.The Currency Guide is structured as follows for every currency :1. The overview describes the currency in general (including any tradability limitations).2. The currency guidelines provides what information should ideally be added in the payment instruction. Here,information will be split in mandatory and recommended. Missing mandatory information can result in rejectedpayments.3. The payment formatting makes the link with respective tags for the MT101 and XML V3 formats.4. The additional information describes specific local regulations, links to central band and other useful websites. This guide will always refer to standard information that is required for each payment no matter the currency. It consistsof :1. Information of the beneficiary: full name, account number. Moreover, it is recommended to add the full physicaladdress of the beneficiary.2. Information of the bank of the beneficiary:
a) BIC code by default (branch identifier included, if provided).b) Local clearing code: on a currency per currency basis potentially combined with a BIC code and/or textdescription.c) Name and address: in absence of any bank identifier code (NB it is recommended to repeat the specific branchlocation in the remittance information). For certain countries, the absence of a valid BIC or clearing code may resultin additional charges.
In addition, several options for allocating the associated banking fees (when applicable) are mentioned:BEN: The beneficiary bears all the fees. The ordering bank processing fees and all correspondent bank charges arededucted from the principal amount.SHA: The debtor and the beneficiary are charged for their respective fees. Correspondent bank charges may bededucted from the principal amount.OUR: The debtor bears all the fees. The beneficiary receives the entire instructed amount.
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April 2019 | 9
General Recommendations
In this section you can find some common guidelines applicable for all currencies within this guide:
It is recommended to be as complete as possible: providing insufficient or incomplete information such as initials,abbreviations or acronyms mainly in beneficiary names or addresses might result in delayed or rejectedpayments.
Account number:- In some countries, the IBAN format is mandatory (see appendix VI for list of countries and examples).- In all other cases, the usage of an IBAN is recommended, where possible.
Unless stated otherwise, it is always recommended to add a clear reason/purpose of payment in the remittanceinformation. This information can consist of a full written description (in English), a code describing the reason ofpayment, or a combination of both. For example: providing an invoice number without guiding text is consideredby most banks as insufficient and can result in errors or delays
The common practice for international payments is to add information in English and in Latin characters, not inthe local language of the payer or payee.
A majority of currencies accept two decimals. Exceptions to this rule will be specified in the currency guidelines.
Specific Recommendations
In this section you can find some country specific guidelines (not related to the currency):
State of Palestine:- A purpose of payment code is mandatory and required by the Palestine Monetary Authority (PMA) for allpayments towards Palestine regardless of the currency. The purpose of payment has to be added to the reason ofpayment (MT101 Tag 70).- The detailed list of payment purpose codes can be found in appendix X.
Currency Guide
April 2019 | 10
Currency availability at BNP ParibasAED CVE KES NZD UYU
ALL CZK KGS OMR VND
AMD DJF KHR PEN VUV
ANG DKK KMF PGK WST
AOA DOP KRW PHP XAF
AUD DZD KWD PKR XCD
AWG EGP KYD PLN XOF
AZN ERN KZT PYG XPF
BAM ETB LAK QAR ZAR
BBD EUR LBP RON ZMW
BDT FJD LKR RSD
BGN GBP LSL RUB
BHD GEL MAD RWF
BIF GHS MDL SAR
BMD GMD MGA SBD
BND GNF MKD SCR
BOB GTQ MNT SEK
BRL GYD MOP SGD
BSD HKD MRO SLL
BTN HNL MUR SRD
BWP HRK MVR STD
BYN HTG MWK SZL
BZD HUF MXN THB
CAD IDR MYR TND
CDF ILS MZN TOP
CHF INR NAD TRY
CLP NGN TTD TWD
CNY JMD NIO TZS
COP JOD NOK UGX
CRC JPY NPR USD
This list of currencies can be subject to change over time. Please register onhttps://cashmanagement.bnpparibas.com/cg to receive updates on the offer.
Currency Guide
April 2019 | 11
List of countries and currency codesCOUNTRY CURRENCY NAME CURRENCY CODE
United Arab Emirates United Arab Emirates dirham AED
Albania Albanian lek ALL
Armenia Armenian dram AMD
Netherlands Antilles Netherlands Antillean guilder ANG
Angola Angolan kwanza AOA
Australia Australian dollar AUD
Aruba Aruban florin AWG
Azerbaijan Azerbaijani manat AZN
Bosnia and Herzegovina Bosnia-Herzegovina convertible mark BAM
Barbados Barbadian dollar BBD
Bangladesh Bangladeshi taka BDT
Bulgaria Bulgarian lev BGN
Bahrain Bahraini dinar BHD
Burundi Burundi franc BIF
Bermuda Bermudian dollar BMD
Brunei Brunei dollar BND
Bolivia Bolivian boliviano BOB
Brazil Brazilian real BRL
Bahamas Bahamian dollar BSD
Bhutan Bhutanese ngultrum BTN
Botswana Botswana pula BWP
Belarus Belarus Ruble BYN
Belize Belize dollar BZD
Canada Canadian dollar CAD
Democratic Republic of Congo Congolese franc CDF
Switzerland Swiss franc CHF
Chile Chilean peso CLP
China Chinese renminbi (offshore = CNH) CNY
Colombia Colombian peso COP
Costa Rica Costa Rican colon CRC
Cape Verde Cape Verdean escudo CVE
Czech Republic Czech koruna CZK
Djibouti Djiboutian franc DJF
Denmark Danish krone DKK
Dominican Republic Dominican peso DOP
Algeria Algerian dinar DZD
Egypt Egyptian pound EGP
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April 2019 | 12
COUNTRY CURRENCY NAME CURRENCY CODE
Eritrea Eritrean nakfa ERN
Ethiopia Ethiopian birr ETB
Euro area Euro EUR
Fiji Fijian dollar FJD
United Kingdom British pound sterling GBP
Georgia Georgian lari GEL
Ghana Ghanaian cedi GHS
Gambia Gambian dalasi GMD
Guinea Guinean franc GNF
Guatemala Guatemalan quetzal GTQ
Guyana Guyanese dollar GYD
Hong Kong Hong Kong dollar HKD
Honduras Honduran lempira HNL
Croatia Croatian kuna HRK
Haiti Haitian gourde HTG
Hungary Hungarian forint HUF
Indonesia Indonesian rupiah IDR
Israel Israeli shekel ILS
India Indian rupee INR
Jamaica Jamaican dollar JMD
Jordan Jordanian dinar JOD
Japan Japanese yen JPY
Kenya Kenyan shilling KES
Kyrgyzstan Kyrgyzstani som KGS
Cambodia Cambodian riel KHR
Comoros Comorian franc KMF
South Korea South Korean won KRW
Kuwait Kuwaiti dinar KWD
Cayman Islands Cayman Islands dollar KYD
Kazakhstan Kazakhstani tenge KZT
Laos Lao kip LAK
Lebanon Lebanese pound LBP
Sri Lanka Sri Lankan rupee LKR
Lesotho Lesotho loti LSL
Morocco Moroccan dirham MAD
Moldova Moldovan leu MDL
Madagascar Malagasy ariary MGA
Macedonia Macedonian denar MKD
Mongolia Mongolian tugrik MNT
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COUNTRY CURRENCY NAME CURRENCY CODE
Macau Macanese pataca MOP
Mauritania Mauritanian ouguiya MRO
Mauritius Mauritian rupee MUR
Maldives Maldivian rufiyaa MVR
Malawi Malawian kwacha MWK
Mexico Mexican peso MXN
Malaysia Malaysian ringgit MYR
Mozambique Mozambican metical MZN
Namibia Namibian dollar NAD
Nigeria Nigerian naira NGN
Nicaragua Nicaraguan cordoba NIO
Norway Norwegian krone NOK
Nepal Nepalese rupee NPR
New Zealand New Zealand dollar NZD
Oman Omani rial OMR
Peru Peruvian sol PEN
Papua New Guinea Papua New Guinean kina PGK
Philippines Philippine peso PHP
Pakistan Pakistani rupee PKR
Poland Polish zloty PLN
Paraguay Paraguayan guarani PYG
Qatar Qatari riyal QAR
Romania Romanian leu RON
Serbia Serbian dinar RSD
Russia Russian ruble RUB
Rwanda Rwandan franc RWF
Saudi Arabia Saudi Arabian riyal SAR
Solomon Islands Solomon Islands dollar SBD
Seychelles Seychellois rupee SCR
Sweden Swedish krona SEK
Singapore Singapore dollar SGB
Sierra Leone Sierra Leonean leone SLL
Suriname Surinamese dollar SRD
São Tomé and Príncipe Sao Tome and Principe dobra STD
Swaziland Swazi lilangeni SZL
Thailand Thai baht THB
Tunisia Tunisian dinar TND
Tonga Tongan pa'anga TOP
Turkey Turkish lira TRY
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COUNTRY CURRENCY NAME CURRENCY CODE
Trinidad and Tobago Trinidad and Tobago dollar TTD
Taiwan New Taiwan dollar TWD
Tanzania Tanzanian shilling TZS
Uganda Ugandan shilling UGX
United States of America U.S. dollar USD
Uruguay Uruguayan peso UYU
Vietnam Vietnamese dong VND
Vanuatu Vanuatu vatu VUV
Samoa Samoan tala WST
Cameroon, Central African Republic, Congo,Chad, Equatorial Guinea, Gabon
Central African CFA franc XAF
Anguilla, Antigua and Barbuda, Dominica,Grenada, Montserrat, Saint Kitts and Nevis, SaintLucia, Saint Vincent and the Grenadines
East Caribbean dollar XCD
Benin, Burkina Faso, Ivory Coast, Guinea-Bissau,Mali, Niger, Senegal, Togo
West African CFA franc XOF
French Polynesia, New Caledonia, Wallis andFutuna
Pacific franc XPF
South Africa South African rand ZAR
Zambia Zambian kwacha ZMW
Currency Guide
April 2019 | 15
Currency holidays
JANUARY
1 Tu
AED, ALL, AMD, AOA, AUD, AWG, AZN, BAM, BBD, BGN, BHD,BIF, BMD, BND, BOB, BRL, BSD, BWP, BYR, BZD, CAD, CDF,CHF, CLP, CNY, COP, CRC, CVE, CZK, DJF, DKK, DOP, DZD, ERN,EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, GYD, HKD, HNL,HRK, HTG, HUF, IDR, JMD, JOD, JPY, KES, KGS, KHR, KMF, KRW,KWD, KYD, KZT, LAK, LBP, LSL, MAD, MDL, MGA, MKD, MNT,MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO,NOK, NZD, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD,RUB, RWF, SBD, SCR, SEK, SGD, SLL, SRD, STD, SZL, THB, TND,TOP, TRY, TTD, TWD, TZS, UGX, USD, UYU, VND, VUV, WST,XAF, XCD, XOF, XPF, ZAR, ZMW
2 WeALL, AMD, AWG, AZN, BAM, BTN, BWP, CHF, GEL, HTG, JPY,KZT, MUR, NZD, RON, RSD, RUB, RWF, SCR, WST, XCD
3 Th AMD, JPY, RUB4 Fr AMD, CDF, RUB, STD5 Sa AMD6 Su AMD, DOP, LBP, MKD, PLN, UYU
7 MoAMD, BYR, COP, EGP, ERN, ETB, GEL, KGS, KHR, KZT, MDL,MKD, RSD, RUB
8 Tu MDL, RUB10 Th BSD11 Fr MAD12 Sa TZS13 Su CVE14 Mo JPY, TND15 Tu LKR, MWK, NPR16 We CDF17 Th CDF19 Sa ERN, ETB, GEL, MKD20 Su CVE21 Mo AZN, BBD, DOP, MUR, MYR, USD22 Tu BOB24 Th RON25 Fr AWG, EGP26 Sa DOP, INR, UGX28 Mo AUD, AMD, KYD30 We NPR
FEBRUARY
1 Fr MUR, MYR, RWF3 Su STD4 Mo AOA, CNY, KRW, LKR, MXN, MZN, TWD, VND
5 TuBIF, BND, BTN, CNY, HKD, IDR, KRW, MNT, MUR, MYR, PKR,SRD, TWD, VND
6 We BTN, CNY, HKD, KRW, MNT, MYR, NZD, TWD, VND7 Th CNY, MNT, TWD, VND8 Fr CNY, VND9 Sa CNY, LBP11 Mo JPY12 Tu QAR14 Th LBP15 Fr RSD16 Sa UGX18 Mo GMD, SLL, USD19 Tu INR, KHR, NPR, SGD, THB21 Th BDT, BTN, VUV22 Fr BTN23 Sa BND, BTN, GYD, KGS25 Mo KWD, SRD26 Tu KWD 27 We DOP 28 Th TWD
JULY
1 MoBDT, BIF, BWP, CAD, COP, EGP, GHS, GTQ, GYD, HKD, KYD,PKR, RWF, SGD, SRD, THB, ZMW
2 Tu ZMW3 We BYR4 Th RWF, TOP, USD5 Fr AMD, CVE, CZK6 Sa KMF7 Su KMF, TZS8 Mo KZT, MWK, SBD10 We BSD11 Th MNT12 Fr MNT, STD13 Sa MNT14 Su MNT, XPF15 Mo BND, BWP, JPY, MNT, SGD, THB, TRY16 Tu BOB, BWP, CLP
MARCH
1 Fr KRW, PYG, TWD2 Sa ETB3 Su GEL, 4 Mo AWG, BGN, BOB, BRL, MUR, MWK, MYR, TTD, UYU5 Tu AOA, BOB, BRL, HTG, TTD, UYU, VUV, SPF6 We CVE, GHS, HTG, JMD, KYD7 Th INR
8 FrAMD, AOA, AZN, BYR, ERN, GEL, KGS, KHR, KZT, LAK, MDL,MNT, NPR, RUB, SLL, UGX, ZMW
11 Mo AUD, BZD, LSL12 Tu MUR, ZMW14 Th ALL15 Fr HUF17 Su BDT18 Mo AWG, MXN20 We AZN, TND21 Th AZN, GYD, ILS, INR, JPY, KGS, KZT, NAD, SRD, ZAR 22 Fr ALL, AZN, KZT, 23 Sa AZN, MYR, PKR24 Mo AZN25 Tu COP; KZT, LBP26 We BDT29 Sa MGA, XAF30 Su TTD
APRIL
2 Tu AED, DJF, OMR3 We BND, IDR, MYR4 Th AOA, KWD, TWD5 Fr CNY, HKD, TWD6 Sa BIF, CNY, INR, MUR7 Su RWF, TZS8 Mo KGS, MZN, SGD, THB9 Tu GEL, PHP, TND11 Th CRC13 Sa LKR, THB14 Su BDT, HNL, LKR, NPR15 Mo KHR, LAK, MYR, SGD, THB16 Tu KHR, LAK, SGD, THB17 We IDR, INR, KHR, LAK
18 ThCOP, CRC, DKK, GTQ, HNL, MXN, NIO, NOK, PEN, PHP, PYG,SEK, UYU
19 Fr
AOA, AUD, AWG, BBD, BMD, BOB, BRL, BSD, BWP, BZD, CAD,CHF, CLP, COP, CRC, CVE, CZK, DKK, DOP, EUR, FJD, GBP, GHS,GMD, GTQ, GYD, HKD, HNL, HTG, HUF, IDR, INR, JMD, KES,KYD, LBP, LKR, LSL, MWK, MXN, MYR, NAD, NGN, NIO, NOK,NZD, PEN, PGK, PHP, PYG, RWF, SBD, XCR, SEK, SLL, SRD, SZL,TOP, TTD, TZS, UGX, UYU, VUV, WST, XCD, XPF, ZAR, ZMW
20 SaBWP, BZD, CLP, FJD, GTQ, HKD, MXN, PGK, SBD, SCR, WST,ZMW
21 Su BRL
22 Mo
ALL, AUD, AWG, BBD, BSD, BWP, BZD, CHF, CZK, DKK, EUR,GBP, GHS, GMD, GNF, GYD, HKD, HRK, HUF, JMD, KES, KYD,LBP, LSL, MGA, MWK, NAD, NGN, NOK, NZD, PGK, PLN, RWF,SBD, SCR, SEK, SLL, SRD, SZL, TOP, TTD, TZS, UGX, UYU, VUV,WST, XAF, XCD, XOF, XPF, ZAR, ZMW
23 Tu TRY24 We AMD25 Th AUD, EGP, NZD, SZL, TOP26 Fr BGN, ERN, ETB, GEL, ILS, LBP, MKD, MYR, RON, RSD, TZS27 Sa AWG, GEL28 Su EGP, ERN
29 MoALL, BBD, BGN, DOP, EGP, GEL, JPY, LBP, MDL, MKD RON, RSD,SLL
30 Tu SEK, VND
SEPTEMBER
1 SuAED, BND, DJF, EGP, ERN, JOD, KMF, LBP, MAD, MRO, MVR,OMR
2 Mo BMD, CAD, INR, MUR, SZL, USD, VND6 Fr BGN, STD, SZL7 Sa BRL, FJD, MZN9 Mo MKD, MYR10 Tu BDT, BHD, BZD, DZD, GMD, INR, LBP, PKR11 We BHD, ETB, PKR12 Th ERN, KRW13 Fr CNY, KRW, TWD14 Sa CNY, KRW, NIO15 Su CRC16 Mo GTQ, HNL, JPY, MXN, PYR, NIO, PGK, XCD
MAY
1 We
ALL, AMD, AOA, AWG, BAM, BBD, BDT, BGN, BHD, BIF, BOB,BRL, BWP, BYR, BZD, CDF, CHF, CLP, CNY, COP, CRC, CVE, CZK,DJF, DZD, EGP, ERN, ETB, EUR, GHS, GMD, GNF, GTQ, GYD,HKD, HNL, HRK, HTG, HUF, IDR, INR, KES, KGS, KHR, KMF,KRW, KZT, LAK, LBP, LKR, LSL, MAD, MDL, MGA, MKD, MRO,MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK,NPR, PEN, PHP, PKR, PLN, PYG, RON, RSD, RUB, RWF, SCR,SEK, SGD, SLL, SRD, STD, SZL, THB, TND, TRY, TWD, TZS, UGX,UYU, VND, VUV, XAF, XOF, XPF, ZAR, ZMW
2 Th BAM,BTN, JOD, RSD, RUB3 Fr JPY, PLN, RUB4 Sa JPY, NAD5 Su ETB, JPY, KGS, MVR6 Mo BGN, BND, GBP, GYD, JPY, KRW, MDL, PKR, XCD7 Tu BYR, KZT8 We CZK, ILS, XPF9 Th AMD, AZN, BYR, GEL, ILS, KGS, KZT, MDL, NPR, RUB10 Fr RUB12 Su GEL, KRW14 Tu KHR, MWK, PYG15 We KHR, PYG17 Fr CDF, DKK, NOK18 Sa HTG, NPR, UYU19 Su CVE20 Mo BDT, CAD, KHR, KYD, SGD, THB21 Tu CLP22 We BND, MYR23 Th JMD24 Fr BGN, BMD, ERN, MKD25 Sa GMD, GNF, JOD, LBP, LSL, MRO, NAD, ZMW26 Su GEL27 Mo BZD, GBP, GHS, GYD, USD28 Tu AMD, AZN, ETB29 We NGN
30 ThAWG, BIF, BWP, CHF, DKK, IDR, LSL, MGA, NAD, NOK, SEK, SZL,TTD, VUV, XAF, XOF, XPF
31 Fr BDT, BND, DKK
JUNE
1 Sa CVE, GNF, KES, MDL, MNT, RON, WST2 Su BDT3 Mo COP, IDR, KHR, NZD, SAR, TOP, UGX4 Tu IDR, KWD, SAR
5 We
AED, ALL, AZN, BDT, BHD, BIF, BND, DJF, DKK, DZD, EGP, ERN,ETB, GHS, GMD, GNF, IDR, INR, JOD, KES, KGS, KMF, KWD, LBP,LKR, MAD, MKD, MUR, MVR, MWK, MYR, NGN, NPR, OMR,PHP, PKR, QAR, RWF, SAR, SGD, SLL, SRD, TND, TRY, TTD, TZS,UGX, XAF, XOF
6 ThAED, AZN, BDT, BHD, BND, DJF, DZD, EGP, IDR, JOD, KMF,KRW, KWD, LBP, MAD, MRO, MVR, MYR, NGN, OMR, PKR, QAR,SAR, SEK, TND, TRY, TZS
7 Fr AED, BND, BSD, CNY, HKD, IDR, JOD, KMF, MVR, TRY, TWD8 Sa CNY, SAR9 Su ILS, UGX
10 MoAUD, BBD, BSD, CHF, DKK, HUF, MGA, NOK, PGK, SBD, XAF,XCD, XOF, XPF
12 We PHP, PYG, RUB14 Fr MKD, SBD17 Mo AZN, BMD, KYD, RON, ZAR18 Tu KHR, SCR19 We TTD, UYU20 Th BOB, BRL, DOP, ERN, HRK, HTG, PLN, SCR, TTD21 Fr BOB, SEK24 Mo COP, PHP25 Tu HRK, MZN26 We AZN, FJD, MGA27 Th DJF28 Fr DJF, GTQ29 Sa CLP, SCR, XPF30 Su BND, CDF
NOVEMBER
1 FrBIF, BTN, CLP, CVE, GTQ, HRK, HTG, HUF, MGA, MUR, PEN,PHP, PLN, SCR, XAF, XOF, XPF
2 sa AOA, BOB, BRL, HTG, MUR, MXN, UYU3 Su JPY, MVR4 Mo COP, DOP, JPY, RUB, TOP5 Tu AUD6 We MAD7 Th BYR, KGS
Currency Guide
April 2019 | 16
17 We LSL18 Th UYU19 Fr NIO20 Sa COP, LAK22 Mo GMD, SZL23 Tu EGP, OMR, PGK24 We VUV25 Th CRC, TND26 Fr MVR27 Sa MVR29 Mo PEN, SGD, THB30 Tu MAD, VUV
AUGUST
1 Th BBD, BMD, CDF, CHF, GYD, JMD, NIO, TTD2 Fr BMD, CRC, MKD, RWF5 Mo BBD, BSD, HRK, XCD, ZMW6 Tu BOB, JMD, XCD7 We COP, XOF8 Th TZS9 Fr SRD, ZAR10 Sa AED, DJF, EGP, MVR, NIO, SAR
11 SuAED, ALL, AZN, BDT, BND, DJF, EGP, ERN, ETB, GHS, GMD, GNF,GYD, ILS, JOD, JPY, KGS, KMF, KZT, LBP, LKR, MVR, NGN, NPR,OMR, PKR, RWF, SAR, SLL, SRD, TZS, UGX
12 MoAED, AZN, BDT, BHD, BIF, DJF, DZD ?EGP, IDR, INR, JOD, JPY,KMF, KWD, LBP, MRO, MVR, MYR, NGN, OMR, PHP, PKR, QAR,SAR, SGD, THB, TND, TRY, WST, XOF
13 TuAED, BDT, BHD, JOD, KWD, MVR, OMR, QAR, SAR, TND, TRY,XAF
14 We JOD, KWD, MAD, PKR, QAR, SAR, TRY
15 ThBDT, BIF, CLP, CRC, CVE, GMD, GNF, GTQ, HRK, HTG, INR, KRW,KWD, LBP, MGA, PLN, PYG, RON, RWF, SAR, SCR, VUV, XAF,XOF, XPF
16 Fr DOP17 Sa IDR, SAR19 Mo COP, HUF, INR20 Tu HUF, MAD21 We MAD, PHP25 Su UYU26 Mo GBP, NAD, PGK, PHP27 Tu MDL28 We GEL, MKD30 Fr KZT, PEN, TRY31 Sa KGS, MDL, TTD
17 Tu AOA, TOP18 We CLP19 Th CLP, NPR, XCD20 Fr CLP21 Sa AMD, BZD23 Mo BGN, GHS, JPY, SAR24 Tu DOP, KHR, TTD, ZAR25 We MZN27 Fr ETB28 Sa CZK, ERN29 Su ILS, PYG30 Mo BWP, ILS, STD
OCTOBER
1 Tu BWP, CNY, HKD, ILS, NGN2 We CNY, GNF, HNL, INR3 Th CNY, HNL, KRW4 Fr CNY, HNL, LSL, MZN5 Sa CNY, VUV6 Su EGP7 Mo HKD, INR, LAK8 Tu HRK, ILS, PEN9 We ILS, KRW, UGX10 Th FJD, SRD, TWD11 Fr MKD, TWD12 Sa BRL, CLP, CRC, THB, UYU13 Su NPR
14 MoBIF, BSD, BZD, CAD, COP, GEL, GTQ, ILS, JPY, MDL, SGD, THB,TZS, USD, WST
15 Tu KHR, MWK, TND17 Th HTG18 Fr ZMW21 Mo ALL, BIF, GTQ, ILS, JMD, KES23 We HUF, KHR, MKD, SGD, THB24 Th ZMW28 Mo CZK, NZD29 Tu FJD, GYD, INR, KHR, LKR, MUR, MVR, MYR, SRD, TRY, TTD30 We INR31 Th CLP
9 SaAED, BDT, BHD, BND, BZD, EGP, ERN, ETB, FJD, GMD, GNF,GYD, IDR, INR, JOD, KMF, LBP, LKR, MRO, MYR, NGN, OMR,PKR, TZS
10 Su DJF, MVR, SLL
11 MoAOA, AZN, BMD, BTN, CAD, COP, KHR, KYD, MVR, MZN, PLN,RSD, USD, XPF
12 Tu INR, KMF15 Fr BRL, XOF17 Su CZK18 Mo HTG, MAD, MXN19 Tu BZD22 Fr LBP23 Sa GEL, JPY25 Mo SRD28 Th ALL, MRO, USD29 Fr ALL, MVR, VUV30 Sa AED, BBD
DECEMBER
2 Mo AED, KZT, LAK, TOP5 Th THB6 Fr GHS8 Su CLP, COP, PYG9 Mo ALL, MKD, NIO, SCR, TZS10 Tu KHR, NAD, THB12 Th KES, MXN16 Mo BDT, BHD, KZT, ZAR17 Tu BHD, BTN, KZT18 We QAR21 Sa STD24 Tu BGN, CHF, CZK, DKK, HUF, IDR, NOK, SEK
25 We
ALL, AOA, AUD, AWG, BBD, BDT, BGN, BIF, BMD, BND, BOB,BRL, BSD, BWP, BYR, BZD, CAD, CDF, CHF, CLP, COP, CRC, CVE,CZK, DKK, DOP, ERN, EUR, FJD, GBP, GHS, GMD, GNF, GTQ,GYD, HKD, HNL, HRK, HTG, HUF, IDR, INR, JMD, JOD, KES,KRW, KYD, LBP, LKR, LSL, MDL, MGA, MRO, MUR, MWK, MXN,MYR, MZN, NAD, NGN, NIO, NOK, NZD, PEN, PGK, PHP, PKR,PLN, PYG, RON, RWF, SBD, SCR, SEK, SGD, SLL, SRD, STD, SZL,TOP, TTD, TZS, UGX, USD, UYU, VUV, WST, XAF, XCD, XOF,XPF, ZAR, ZMW
26 Th
AUD, AWG, BBD, BGN, BMD, BSD, BWP, BZD, CAD, CHF, CZK,DKK, EUR, FJD, GBP, GHS, GMD, GYD, HKD, HRK, HUF, JMD,KES, KYD, LSL, MWK, NAD, NGN, NOK, NZD, PGK, PLN, RON,RWF, SBD, SEK, SLL, SRD, SZL, TOP, TTD, TZS, UGX, VUV, WST,XCD, ZAR
27 Fr HUF29 Su MNT30 Mo LAK, NPR, PHP
31 TuAMD, AZN, BDT, BND, BRL, CHF, CLP, COP, CRC, DKK, JPY, KRW,LAK, LBP, MVR, PHP, PYG, THB
Currency Guide
April 2019 | 17
AED
Closed on FrJanuary 1April 2June 5,6,7August 10,11,12,13September 1November 9,30December 2
ALL
Closed on Sa-SuJanuary 1,2March 14,22April 22,29May 1June 5August 11October 21November 28,29December 9,25
AMD
Closed on Sa-SuJanuary 1,2,3,4,5,6,7,28March 8April 24May 1,9,28July 5September 21December 31
AOA
Closed on Sa-SuJanuary 1February 4March 5,8April 4,19May 1September 17November 2,11December 25
AUD
Closed on Sa-SuJanuary 1,28March 11April 19,22,25June 10November 5December 25,26
AZN
Closed on Sa-SuJanuary 1,2,21March 8,20,21,22,23,24May 9,28June 5,6,17,26August 11,12November 11December 31
AWG
Closed on Sa-SuJanuary 1,2,25March 4,18April 19,22,27May 1,30December 25,26
BAM
Closed on Sa-SuJanuary 1,2May 1,2
BGN
Closed on Sa-SuJanuary 1March 4April 26,29May 1,6,24September 6,23December 24,25,26
BHD
Closed on FrJanuary 1May 1June 5,6August 12,13September 10,11November 9December 16,17
BIF
Closed on Sa-SuJanuary 1February 5April 6May 1,30June 5July 1August 12,15October 14,21November 1December 25
BMD
Closed on Sa-SuJanuary 1April 19May 24June 17August 1,2September 2November 11December 25,26
BND
Closed on Sa-SuJanuary 1February 5,23April 3May 6,22,31June 5,6,7,30July 15August 11September 1November 9December 25,31
BOB
Closed on Sa-SuJanuary 1,22March 4,5April 19May 1June 20,21July 16August 6November 2December 25
BWP
Closed on Sa-SuJanuary 1,2April 19,20,22May 1,30July 1,15,16September 30October 1December 25,26
BYR
Closed on Sa-SuJanuary 1,7March 8April 1,7,9July 3November 7December 25
BZD
Closed on Sa-SuJanuary 1March 11April 19,20,22May 1,27September 10,21October 14November 19December 25,26
CAD
Closed on Sa-SuJanuary 1April 19May 20July 1September 2October 14November 11December 25,26
CDF
Closed on Sa-SuJanuary 1,4,16,17May 1,17June 30August 1December 25
CHF
Closed on Sa-SuJanuary 1,2April 19,22May 1,30June 10August 1December 24,25,26,31
CLP
Closed on Sa-SuJanuary 1April 19,20May 1,21June 29July 16August 15September 18,19,20October 12,31November 1December 8,25,31
CNY
Closed on SuJanuary 1
CRC
Closed on Sa-SuJanuary 1April 11,18,19May 1July 25August 2,15September 15October 12December 25,31
CVE
Closed on Sa-SuJanuary 1,13,20March 6April 19May 1,19June 1July 5August 15November 1December 25
CZK
Closed on Sa-SuJanuary 1April 19,22May 1,8July 5September 28October 28November 17December 24,25,26
DJF
Closed on Fr-SaJanuary 1April 2May 1June 5,6,27,28August 10,11,12September 1November 10
DKK
Closed on Sa-SuJanuary 1April 18,19,22May 17,30,31June 5,10December 24,25,26,31
DOP
Closed on Sa-SuJanuary 1,6,21,26February 27April 19,29June 20August 16September 24November 4December 25
DZD
Closed on Fr-SaJanuary 1
EUR
Closed on Sa-SuJanuary 1April 19,22May 1December 25,26
FJD
Closed on Sa-SuJanuary 1April 19,20June 26September 7October 10,29November 9December 25,26
GBP
Closed on Sa-SuJanuary 1April 19,22May 6,27August 26December 25,26
GEL
Closed on Sa-SuJanuary 1,2,7,19March 3,8April 9,26,27,29May 9,12,26August 28October 14November 23
GHS
Closed on Sa-SuJanuary 1March 6April 19,22May 1,27June 5July 1August 11September 23December 6,25,26
GMD
Closed on Sa-SuJanuary 1February 18April 19,22May 1,25June 5July 22August 11,15September 10November 9December 25,26
GNF
Closed on Sa-SuJanuary 1April 22May 1,25
HNL
Closed on SuJanuary 1April 14,18,19May 1September 16October 2,3,4December 25
HRK
Closed on Sa-SuJanuary 1April 22May 1June 20,25August 5,15October 8November 1December 25,26
HTG
Closed on Sa-SuJanuary 1,2March 5,6April 19May 1,18June 20August 15October 17November 1,2,18December 25
HUF
Closed on Sa-SuJanuary 1March 15April 19,22May 1June 10August 19,20October 23November 1December 24,25,26,27
IDR
Closed on SuJanuary 1February 5March 7April 3,17,19May 1,30June 3,4,5,6,7August 12,17November 9December 24,25
ILS
Closed on SaMarch 21April 26May 8,9June 9August 11September 29,30October 1,8,9,14,21
INR
Closed on Sa-SuJanuary 26February 19March 21April 6,17,19May 1June 5August 12,15,19
JOD
Closed on Fr-SaJanuary 1May 2,25June 5,6,7August 11,12,13,14September 1November 9December 25
JPY
Closed on Sa-SuJanuary 1,2,3,14February 11March 21April 29May 3,4,5,6July 15August 11,12September 16,23October 14November 3,4,23December 31
KES
Closed on Sa-SuJanuary 1April 19,222May 1June 1,5October 21December 12,25,26
KGS
Closed on Sa-SuJanuary 1,7February 23March 8,21April 8May 1,5,9June 5August 11,31November 7
KHR
Closed on Sa-SuJanuary 1,7February 19March 8April 15,16,17May 1,13,14,15,20June 3,18September 24October 15,23,29November 11December 10
KMF
Closed on Sa-SuJanuary 1May 1June 5,6,7July 6,7August 11,12September 1November 9,12
Currency Guide
April 2019 | 18
BBD
Closed on Sa-SuJanuary 1,21April 19,22,29May 1June 10August 1,5November 30December 25,26
BDT
Closed on Fr-SaFebruary 21March 17,26April 14May 1,20,31June 2,5,6July 1August 11,12,13,15September 10November 9December 16,25,31
KZT
Closed on Sa-SuJanuary 1,2,7March 8,21,22,25May 1,7,9July 8August 11,30December 2,16,17
LAK
Closed on Sa-SuJanuary 1March 8April 15,16,17May 1July 20October 7December 2,30,31
LBP
Closed on Sa January 1,6February 9,14March 25April 19,22,26,29May 1,25June 5,6August 11,12,15September 1,10November 9,22December 25,31
LKR
Closed on Sa-SuJanuary 15February 4April 13,14,19May 1June 5August 11October 29November 9December 25
BRL
Closed on Sa-SuJanuary 1March 4,5April 19,21May 1June 20September 7October 12November 2,15December 25,31
BSD
Closed on Sa-SuJanuary 1,10April 19,22June 7,10July 10August 5October 14December 25,26
BTN
Closed on Sa-SuJanuary 2February 5,6,21,22,23May 2November 1,11December 17
MNT
Closed on SuJanuary 1February 5,6,7March 8June 1July 11,12,13,14,15December 29
MRO
Closed on Sa-SuJanuary 1May 1,25June 6August 12September 1November 9,28December 25
MUR
Closed on SuJanuary 1,2,21February 1,5March 4,12April 6May 1June 5September 2October 29November 1,2December 25
MVR
Closed on FrJanuary 1May 1,5June 5,6,7July 26,27August 10,11,12,13September 1October 29November 3,10,11,29December 31
CNY
February 4,5,6,7,8,9April 5,6May 1June 7,8September 13,14October 1,2,3,4,5
COP
Closed on Sa-SuJanuary 1,7March 25April 18,19May 1June 3,24July 1,20August 7,19October 14November 4,11December 8,25,31
NGN
Closed on Sa-SuJanuary 1April 19,22May 1,29June 5,6August 11,12October 1November 9December 25,26
NIO
Closed on SuJanuary 1April 18,19May 1July 19August 1,10September 14,16December 9,25
NOK
Closed on Sa-SuJanuary 1April 18,19,22May 1,17,30June 10December 24,25,26
NPR
Closed on Sa January 15,30February 19March 8April 14May 1,9,18June 5August 11September 19October 13December 30
NZD
Closed on Sa-SuJanuary 1,2February 6April 19,22,25
DZD
May 1June 5,6August 12September 10
EGP
Closed on Fr -SaJanuary 7,25April 25,28,29May 1June 5,6July 1,23August 10,11,12September 1October 6November 9
ERN
Closed on Sa-SuJanuary 1,7,19March 8April 26,28May 1,24June 5,20August 11September 1,12,28November 9December 25
ETB
Closed on SuJanuary 7,19March 2April 26May 1,5,28June 5August 11September 11,27November 9
PKR
Closed on Fr-SaJanuary 1February 5March 23May 1,6June 5,6July 1August 11,12,14September 10,11November 9December 25
PLN
Closed on Sa-SuJanuary 1,6April 22May 1,3June 20August 15November 1,11December 25,26
PYG
Closed on Sa-SuJanuary 1
GNF
June 1,5August 11,15October 2November 9December 25
GTQ
Closed on Sa-SuJanuary 1April 18,19,20May 1June 28July 1August 15September 16October 14,21November 1December 25
GYD
Closed on Sa-SuJanuary 1February 23March 21April 19,22May 1,6,27July 1August 1,11October 29November 9December 25,26
HKD
Closed on Sa-SuJanuary 1February 5,6April 5,19,20,22May 1,13June 7July 1October 1,7December 25,26
SCR
Closed on FrJanuary 1,2April 19,20,22May 1June 18,20,29August 15November 1December 9,25
SEK
Closed on Sa-SuJanuary 1April 18,19,22,30May 1,30June 6,21December 24,25,26
SGD
Closed on Sa-SuJanuary 1February 19April 8,15,16May 1,20June 5July 1,15,29August 12
INR
September 2,10October 2,7,29,30November 9,12December 25
ISK
Closed on Sa-SuJanuary 1April 18,19,22,25May 1,30December 24,25,26
JMD
Closed on Sa-SuJanuary 1March 6April 19,22May 23August 1,6October 21December 25,26
TOP
Closed on Sa-SuJanuary 1April 19,22,25June 3July 4September 17November 4December 2,25,26
TRY
Closedon
Sa-Su
January 1April 23May 1June 5,6,7July 15August 12,13,14,30October 29
TTD
Closed on Sa-SuJanuary 1March 4,5,30April 19,22May 30June 5,19,20August 1,31September 24October 29December 25,26
TWD
Closed on Sa-SuJanuary 1February 4,5,6,7,28March 1April 4,5May 1June 7September 13October 10,11
KRW
Closed on Sa-SuJanuary 1February 4,5,6March 1May 1,6,12June 6August 15September 12,13,14October 3,9December 25,31
KWD
Closedon
Fr -Sa
January 1February 25,26April 4June 4,5,6August 12,13,14,15
KYD
Closed on Sa-SuJanuary 1,28March 6April 19,22May 20June 17July 1November 11December 25,26
VUV
Closed on Sa-SuJanuary 1February 21March 5April 19,22May 1,30July 24,30August 15October 5November 29December 25,26
WST
Closed on Sa-SuJanuary 1,2April 19,20,22May 13June 1August 12October 14December 25,26
XAF
Closed on Sa-SuJanuary 1March 29April 22May 1,30June 5,10August 13,15November 1December 25
Currency Guide
April 2019 | 19
LSL
Closed on Sa-SuJanuary 1March 11April 19,22May 1,25,30July 17October 4December 25,26
MAD
Closed on Sa-SuJanuary 1,11May 1June 5,6July 30August 14,20,21September 1November 6,18
MDL
Closed on Sa-SuJanuary 1,7,8March 8April 29May 1,6,9June 1August 27,31October 14December 25
MGA
Closed on Sa-SuJanuary 1March 29April 22May 1,30June 10,26August 15November 1December 25
MKD
Closed on Sa-SuJanuary 1,6,7,19April 26,29May 1,24June 5,14August 2,28September 9October 11,23December 9
MWK
Closed on Sa-SuJanuary 1,15March 4April 19,22May 1,14June 5July 8October 15December 25,26
MXN
Closed on Sa-SuJanuary 1February 4March 18April 18,19,20May 1September 16November 2,18December 12,25
MYR
Closed on SuJanuary 1,21February 1,5,6March 4,23April 3,15,19,26May 1,22June 5,6August 12September 9,16October 29November 9December 25
MZN
Closed on Sa-SuJanuary 1February 4April 8May 1June 25September 7,25October 4November 11December 25
NZD
June 3October 28December 25,26
OMR
Closed on Fr-SaApril 2June 5,6July 23August 11,12,13September 1November 9
PEN
Closed on Sa-SuJanuary 1April 18,19May 1July 29August 30October 8November 1December 25
PGK
Closed on Sa-SuJanuary 1April 19,20,22June 10July 23August 26September 16December 25,26
PHP
Closed on Sa-SuJanuary 1April 9,18,19May 1June 5,12,24August 12,21,26November 1December 25,30,31
PYG
March 1April 18,19May 1,14,15June 12August 15September 29December 8,25,31
QAR
Closed on Fr-SaJanuary 1February 12June 5,6August 12,13,14December 18
RON
Closed on Sa-SuJanuary 1,2,24April 26,29May 1June 1,17August 15December 25,26
RSD
Closed on Sa-SuJanuary 1,2,7February 15April 26,29May 1,2November 11
RUB
Closed on Sa-SuJanuary 1,2,3,4,7,8March 8May 1,2,3,9,10June 12November 4
RWF
Closed on Sa-SuJanuary 1,2February 1April 7,19,22May 1June 5July 1,4August 2,11,15December 25,26
SAR
Closed on FrJune 3,4,5,6,8August 10,11,12,13,14,15,17September 23
SBD
Closed on Sa-SuJanuary 1April 19,20,22June 10,14July 8December 25,26
SGD
October 14,23December 25
SLL
Closed on Sa-SuJanuary 1February 18March 8April 19,22,29May 1June 5August 11November 10December 25,26
SRD
Closed on Sa-SuJanuary 1February 5,25March 21April 19,22May 1June 5July 1August 9,11October 10,29November 25December 25,26
STD
Closed on Sa-SuJanuary 1,4February 3May 1July 12September 6,30December 21,25
SZL
Closed on SuJanuary 1April 19,22,25May 1,30July 22September 2,6December 25,26
THB
Closed on Sa-SuJanuary 1February 19April 8,13,15,16May 1,20July 1,15,29 August 12October 12,14,23December 5,10,31
TZS
Closed on Sa-SuJanuary 1,12April 7,19,22,26May 1June 5,6July 7August 8,11October 14November 9December 9,25,26
UGX
Closed on Sa-SuJanuary 1,26February 16March 8April 19,22May 1June 3,5,9August 11October 9December 25,26
USD
Closed on Sa-SuJanuary 1,21February 18May 27July 4September 2October 14November 11,28December 25
UYU
Closed on Sa-SuJanuary 1,6March 4,5April 18,19,22May 1,18June 19July 18August 25October 12November 2December 25
VND
Closed on Sa-SuJanuary 1February 4,5,6,7,8April 30May 1September 2
XCD
Closed on Sa-SuJanuary 1,2April 19,22May 6June 10August 5,6September 16,19December 25,26
XOF
Closed on Sa-SuJanuary 1April 22May 1,30June 5,10August 7,12,15November 1,15December 25
XPF
Closed on Sa-SuJanuary 1March 5April 19,22May 1,8,30June 10,29July 14August 15November 1,11December 25
ZAR
Closed on Sa-SuJanuary 1March 21April 19,22May 1June 17August 9September 24December 16,25,26
ZMW
Closed on SuJanuary 1March 8,12April 19,20,22May 1,25July 1,2August 5October 18,24December 25
TND
Closed on Sa-SuJanuary 1,14March 20April 9May 1June 5,6July 25August 12,13October 15
Currency Guide
April 2019 | 20
Currency Guide
April 2019 | 21
Currency Guide
April 2019 | 22
A
Currency Guide
April 2019 | 23
AED - United Arab Emirates Dirham
Overview
The payment processing of this currency is considered to be relatively standardised.
It is required for all inbound international payments in any currency where the ultimatebeneficiary is located in the UAE to include the payment purpose codes.
- This code needs to be populated on line 1 of the regulatory reporting field (field 77B) of thepayment instruction.
Examples:
For cross-border transactions outbound from UAE: /ORDERRES/AE/purpose code
For cross-border transactions inbound to UAE: /BENEFRES/AE/purpose code
- For payments made from accounts held within BNPP France, or in case the purpose codecannot be specified in field 77B, the code needs to be indicated on line 1 of the remittanceinformation field (field 70) of the payment instruction with /REF/ pre-coded before the 3character purpose code as follows:
Example: F70 line 1: /REF/XXX, where XXX is a valid purpose code.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example,providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789.
The purpose of payment code (see Appendix XI) is mandatory and has to be added to the reasonof payment. The purpose of payment code consists of a 3 character code that must be specifiedin Field 77B.
Examples:
For cross-border transactions outbound from UAE: /ORDERRES/AE/purpose code
For cross-border transactions inbound to UAE: /BENEFRES/AE/purpose code
Currency Guide
April 2019 | 24
Remark: for payments made from accounts held within BNPP France, or in case the purposecode cannot be specified in field 77B, the code needs to be indicated on line 1 of the remittanceinformation field (field 70) of the payment instruction with /REF/ pre-coded before the 3character purpose code.
Example: code “COM” must be included in F70 line 1 as: /REF/COM
Payments in AED toward the UAE
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
The beneficiary’s physical full address is recommended.
Payments in AED outside the UAE
Standard information
The IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARD THE UAE)59
<CdtrAcct> <Id> <IBAN>XXXX
FULL ADDRESSRECOMMENDED
(PAYMENTS TOWARD THE UAE)<Cdtr><PstlAdr><AdrLine>
XXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
OPTION 1
PURPOSE OF PAYMENT CODE MANDATORY 77B<PmtInf> <CdtTrfTxInf> <RgltryRptg> <Dtls>
XXX
REASON OF PAYMENT RECOMMENDED 70 <RmtInf> <Ustrd>
OPTION 2
PURPOSE OF PAYMENT CODE MANDATORY 70 <RmtInf> <Ustrd>/REF/XXX
REASON OFPAYMENT
RECOMMENDED 70 <RmtInf> <Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of the United Arab Emirates: http://www.centralbank.ae/en/index.php
Currency Guide
April 2019 | 25
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARD THE
UAE IBANFORMAT
MANDATORY
X
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34XPAYMENTS
OUTSIDE THEUAE IBAN
FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO
35CHARACTERS
FULLADDRESS
X 3*35
<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED, IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
Currency Guide
April 2019 | 26
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
PAYMENTMESSAGE
OPTION 1PURPOSE OFPAYMENTCODE INFIELD 77B(OPTION NOTAPPLICABLE- FOR AEDPAYMENTSMADE FROMFRANCE; OR- IF NOTPOSSIBLE TOENTERINFORMATIONIN FIELD 77B)
X 3 DIGITS
77B 3*35X
<PMTINF><CDTTRFTXINF><RGLTRYRPTG>
<DTLS><CD>XXX</CD>
</DTLS></RGLTRYRPTG>
MAXIMUMLENGTH IS
105CHARACTERS
OPTION 2PURPOSE OFPAYMENTCODE INFIELD 70(OPTIONONLYAPPLICABLE - FOR AEDPAYMENTSMADE FROMFRANCE; OR- IF NOTPOSSIBLE TOENTERINFORMATIONIN FIELD 77B)
X /REF/ + 3
DIGITS
70 4*35X
<RMTINF><USTRD>/REF/XXX MAXIMUMLENGTH IS
140CHARACTERS
DETAILEDREASON OFPAYMENT
XFREE
MESSAGEENGLISH <RMTINF><USTRD>
Currency Guide
April 2019 | 27
ALL – Albanian Lek
Overview
ALL is considered to be restricted, which implies an inherent limitation to the tradability of thiscurrency.Fund transfers in this currency are not allowed outside of Albania.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
The full name (written out in full, without initials, abbreviations or acronyms) and physical fulladdress of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT
MANDATORY 59
<CdtrAcct> <Id> <IBAN>XXXX
FULL NAMEName <Cdtr> <Nm>
XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 28
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Albania: http://www.bankofalbania.org/
Currency Guide
April 2019 | 29
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO
35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
CC CODE: 9DIGITS BIC
CODE: 8DIGITS
(BRANCHIDENTIFIER:
3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT
(REASON/PURPOSEOF PAYMENT)
X FREE
MESSAGEENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS
140CHARACTERS
Currency Guide
April 2019 | 30
AMD - Armenian Dram
Overview
AMD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Armenia.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s bank full name
• The beneficiary’s bank full address (exact branch location)
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
Currency Guide
April 2019 | 31
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL NAME & FULL ADDRESS(EXACT BRANCH LOCATION)OF THE BENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN
• Additional information:
Relevant to funds receipt in Armenia:
According to the law on combating money laundering and terrorism financing of Armenia“Reporting entities should identify their customers and verify their identity, based on reliabledocuments or other information received from competent sources, when:
I. Business relationships are being established;
II. Occasional transaction is being carried out, including a domestic or cross-border wiretransfer at a value above 400-fold of the minimal salary in drams or in foreign currency,unless stricter provisions are stipulated by other legal acts;
III. Suspicions arise with regard to the veracity or adequacy of previously obtained customer”
• For more information on law on combating money laundering and terrorism financing:https://www.cba.am/Storage/EN/FDK/Regulation_old/law_on_combating_money_laundering_and_terrorism_financing_eng.pdf
• Central bank of Armenia: https://www.cba.am/en/sitepages/default.aspx
Currency Guide
April 2019 | 32
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULL NAMEAND FULLADDRESS OF THEBENEFICIARYBANK (EXACTBRANCHLOCATION )
X
Currency Guide
April 2019 | 33
ANG – Netherlands Antillean Guilder
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, the beneficiary’s physical full name and address aremandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, it is recommended as well to provide the beneficiary’s telephone number in theremittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARYRECOMMENDED
Additional Information
Currency Guide
April 2019 | 34
• Available charge option: OUR/SHA/BEN
• Central bank of Netherlands Antilles: http://www.centralbank.cw
Currency Guide
April 2019 | 35
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
1*35X
NAME<CDTR><NM>XXX</NM>
FULLNAME X
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
<BIC>LIMITED TO11CHARACTERS<MMBLD>LIMITED TO24CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSTELEPHONE
NUMBER OF THEBENEFICIARY X
Currency Guide
April 2019 | 36
AOA – Angolan Kwanza
Overview
AOA is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Angola.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
The full name (written out in full, without initials, abbreviations or acronyms) and the physicalfull address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT
MANDATORY 59
<CdtrAcct> <Id> <IBAN>XXXX
FULL NAMEName <Cdtr> <Nm>
XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 37
Additional Information
• Available charge option: OUR/SHA/BEN
• Central bank of Angola: http://www.bna.ao/
Currency Guide
April 2019 | 38
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
NAME<CDTR><NM>XXX</NM>
FULLNAME FULL LEGAL NAME X 1*35X
LINE 2:LIMITED TO
35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXX</BIC><CLRSYSMMBID><MMBID>XXXXX</MMBID></CLRSYSMMBID></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X FREE
MESSAGEENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS
140CHARACTERS
Currency Guide
April 2019 | 39
AUD – Australian Dollar
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in AUD toward Australia
Besides the standard information, it is important to note that the IBAN format is not in use inAustralia and the domestic account number must be no longer than nine digits.
The BSB code is mandatory in order to enable the correct routing of the payment in thedomestic clearing.A BSB code (Bank State Branch) identifies an Australian bank. It is a six digit code whichidentifies the financial institution (first two digits), the state (third digit) and the branch code(last three digits).
Example of BSB code: 032929
In certain cases, the BSB code could be included within the domestic account number. Pleaseask your beneficiary to indicate separately the BSB code and the domestic account number.
Payments in AUD outside Australia
Standard information
Payment Formatting
Currency Guide
April 2019 | 40
Information of the beneficiary bank
DATA NAME PRESENCE MT101 TAG XML V3 TAG
CC CODE&
BIC CODE
MANDATORY(PAYMENTS TOWARD AUSTRALIA)
57A
<CdtrAgt> <FinInstnId><BIC> XXXXX
<ClrSysMmbId> <MmbId>XXXXXXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Australian Payments Clearing Association: http://apca.com.au
• Central bank of Australia: http://www.rba.gov.au
Currency Guide
April 2019 | 41
Technical Guidlines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARDAUSTRALIA:DOMESTICACCOUNT NUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
PAYMENTSOUTSIDEAUSTRALIA:IBAN FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
CLEARINGCODE(COUNTRYCODE)
PAYMENTSTOWARDAUSTRALIA:BSB CODE&BIC CODE (BRANCHIDENTIFIERINCLUDED, IFPROVIDED)
X
BSB CODE:6 DIGITSBIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
//AU + 6DIGITSBIC CODE: 8OR11 DIGITS
57A 1*33X 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXX</BIC><CLRSYSMMBID><MMBID>XXXXX</MMBID></CLRSYSMMBID></FININSTNID></CDTRAGT>
<BIC>LIMITED TO11CHARACTERS<MMBID>LIMITED TO24CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 42
AWG – Aruban Florin
Overview
AWG is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency: fund transfers in this currency are not allowed outside of Aruba.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s bank full name
• The beneficiary’s bank full address (exact branch location)
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY) 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
Currency Guide
April 2019 | 43
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL NAME & FULL ADDRESS(EXACT BRANCH LOCATION)OF THE BENEFICIARY BANK
Additional Information
• Available charge option: OUR/SHA/BEN
• Central bank of Aruba: http://www.cbaruba.org/cba/home.do
Currency Guide
April 2019 | 44
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
CLEARINGCODE(COUNTRYCODE)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULL NAMEAND FULLADDRESS OF THEBENEFICIARYBANK (EXACTBRANCHLOCATION )
X
Currency Guide
April 2019 | 45
AZN – Azerbaijani Manat
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, it is important to note that the IBAN format is alwaysrecommended (see Appendix VI).
The full name (written out in full, without initials, abbreviations or acronyms) and physical fulladdress of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
The beneficiary’s tax ID is required and should be mentioned in the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT RECOMMENDED
59
<CdtrAcct> <Id> <IBAN>XXXX
FULL NAME
MANDATORY
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT MANDATORY 70 <Rmtlnf><Ustrd>
BENEFICIARY TAX ID
Currency Guide
April 2019 | 46
Additional Information
• Available charge option: OUR/SHA/BEN
• Central bank of Azerbaijan: http://en.cbar.az/
Currency Guide
April 2019 | 47
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMAT ISALWAYSRECOMMENDED
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSBENEFICIARY TAX
IDX
Currency Guide
April 2019 | 48
B
Currency Guide
April 2019 | 49
BAM – Bosnia-Herzegovina ConvertibleMark
Overview
This currency is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI). The fullname (written out in full, without initials, abbreviations or acronyms) and physical full addressof the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
IBAN FORMAT MANDATORY
59
<CdtrAcct> <Id> <IBAN>XXXX
FULL NAME
MANDATORY
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge option: OUR/SHA/BEN
Currency Guide
April 2019 | 50
• Central bank of Bosnia-Herzegovina: http://www.cbbh.ba/?lang=en
Currency Guide
April 2019 | 51
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 52
BBD – Barbadian Dollar
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Beside the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information.
For example: providing an invoice number without guiding text is considered as insufficient andcan result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Payment information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <RmtInf> <Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Barbados: http://www.centralbank.org.bb/
Currency Guide
April 2019 | 53
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
NAME<CDTR><NM>XXX</NM>
FULLNAME X 1*35X
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
IMITED TO 11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 54
BDT – Bangladeshi Taka
Overview
The payment processing of this currency is considered to be complex, as the beneficiary mightbe required to complete local documents to release the funds (“Form C”).
Currency Guidelines
Besides the standard information, a clear reason / purpose of payment is mandatory andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
The nationality of the beneficiary is mandatory for all payments made to any individuals inBangladesh. If the beneficiary is an institution (and not an individual), then it is not required tospecify the nationality.
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
NATIONALITY OF THEBENEFICIARY (IF NOT AN
INSTITUTION).
Additional Information
Currency Guide
April 2019 | 55
• Available charge option: OUR/SHA/BEN
• Central bank of Bangladesh: http://www.bangladesh-bank.org/
Currency Guide
April 2019 | 56
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 1*33X 8 OR 11
<CDTRAGT> <FININSTNID> <BIC>XXXXXXX</BIC> <CLRSYSMMBID> <MMBID>XXXXX</MMBID> </CLRSYSMMBID> </FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACTBRANCH LOCATION)
X
NATIONALITY OFTHEBENEFICIARY (IFNOT ANINSTITUTION)
X
Currency Guide
April 2019 | 57
BGN - Bulgarian Lev
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
Payments in BGN toward Bulgaria
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
For tax payments, it is necessary to add the BULSTAT and payment type code.The BULSTAT code is the tax identification number (nine digit code) for Bulgarian legal entities.The payment type code is a six digit code defined by the Ministry of Finance and localregulation.
Example of the BULSTAT and Payment type codes: BULSTAT 175296952 - PAYMENT CODE110000.
Additional information might be required, please contact your Account Manager for moreinformation.
Payments in BGN outside Bulgaria
Beside standard information, a clear reason / purpose of payment is recommended and consistsof a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
Currency Guide
April 2019 | 58
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARDBULGARIA)
59<CdtrAcct> <Id> <IBAN>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY (PAYMENTS TOWARD BULGARIA)
70 <Rmtlnf><Ustrd>BULSTAT CODE
MANDATORY (TAX PAYMENTS TOWARD BULGARIA)PAYMENT TYPE CODE
Additional Information
• Available charge options: OUR/SHA/BEN In principle, for payments subject to the Payment Services Directive (PSD) and withoutcurrency conversion, only shared charges are allowed.
• For more information concerning tax payments and the payment type codes: National Revenue Agency: http://portal.nap.bg/en/page?id=1
• Central bank of Bulgaria: http://www.bnb.bg/?toLang=_EN&toLang=_EN
Currency Guide
April 2019 | 59
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARDBULGARIA: IBANFORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34XPAYMENTSOUTSIDEBULGARIA: IBANFORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME
X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
PAYMENTSTOWARDBULGARIA:DETAILED REASONOFPAYMENT(REASON/PURPOSEOFPAYMENT):MANDATORYPAYMENTSOUTSIDEBULGARIA:RECOMMENDED
X FREEMESSAGE
ENGLISH
70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
IN CASE OF TAXPAYMENTSTOWARDBULGARIA
X
BULSTATCODE&PAYMENTTYPECODE
BULSTAT + 9DIGITS6 DIGITS
Currency Guide
April 2019 | 60
BHD – Bahraini Dinar
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI). Thebeneficiary’s physical full address is recommended.
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, it is recommended as well to provide the beneficiary’s telephone number in theremittance information.
This currency accepts three decimal places.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT MANDATORY
59
<CdtrAcct> <Id> <IBAN>XXXX
FULL ADRESS RECOMMENDED<Cdtr><PstlAdr><AdrLine>
XXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARY
Currency Guide
April 2019 | 61
Additional Information
• Available charge options: OUR/SHA/BEN
• Central Bank of Bahrain: http://www.cbb.gov.bh/
Currency Guide
April 2019 | 62
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSTELEPHONE
NUMBER OF THEBENEFICIARY
X
Currency Guide
April 2019 | 63
BIF – Burundi Franc
Overview
BIF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Burundi.
Besides this limitation, this currency is considered to be complex, due to the large amount ofinformation that needs to be provided.
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s telephone number
• The beneficiary’s bank full address (exact branch location)
This currency does not have any decimal places.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
IBAN FORMAT
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
Currency Guide
April 2019 | 64
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF THE
BENEFICIARY
FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Additional Information
• Available charge option: OUR/SHA/BEN
• Central bank of Burundi: http://www.brb.bi/
Currency Guide
April 2019 | 65
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
TELEPHONENUMBER OF THEBENEFICIARY
X
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACT BRANCHLOCATION )
X
Currency Guide
April 2019 | 66
BMD – Bermudian Dollar
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in BMD toward Bermuda
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the full address of the beneficiary are mandatory (P.O. boxes arenot accepted).
Payments in BMD outside Bermuda
Standard information
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 67
Additional Information
• Available charge option: OUR/SHA/BEN
• Monetary authority of Bermuda: http://www.bma.bm/SitePages/Home.aspx
Currency Guide
April 2019 | 68
Technical Guidlines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME
FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT> <FININSTNID><BIC>XXXXXXX</BIC> </FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 69
BND – Brunei Dollar
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in BND toward Brunei
Standard information
Payments in BND outside Brunei
Standard information
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge option: OUR/SHA/BEN
Currency Guide
April 2019 | 70
• Monetary authority of Brunei: http://www.ambd.gov.bn/Home.aspx
Currency Guide
April 2019 | 71
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 72
BOB – Bolivian Boliviano
Overview
BOB is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Bolivia.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Currency Guide
April 2019 | 73
Additional Information
• Available charge option: OUR/SHA/BEN• Central bank of Bolivia: http://www.bcb.gob.bo/
Currency Guide
April 2019 | 74
Techincal Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME ULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACTBRANCH LOCATION)
X
Currency Guide
April 2019 | 75
BRL – Brazilian real
Overview
BRL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency cannot be sent outside of Brazil.
Besides this limitation, this currency is considered to be complex: In most cases, the finalbeneficiaries will have to contact their local branch to release the funds, while in some cases,the beneficiaries might be required to sign documents to authorise the release of funds. Thisemphasises the importance of adding the beneficiary’s telephone numbers in the paymentinstructions.
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
The full name (written out in full, without initials, abbreviations or acronyms) and the physicalfull address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The agency code
• The beneficiary’s tax ID ; CNPJ number for legal entities (fourteen digits) or CPF number forindividuals (eleven digits)
• The beneficiary’s telephone number
• The beneficiary’s bank full address (exact branch location)
Payment Formatting
Currency Guide
April 2019 | 76
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
IBAN FORMAT
MANDATORY 59
<CdtrAcct> <Id> <IBAN>XXXX
FULL NAMEName <Cdtr> <Nm>
XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
THE AGENCY CODE OF THEBENEFICIARY BANK
BENEFICIARY TAX ID
TELEPHONE NUMBER OF THEBENEFICIARY
FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Additional Information
Available charge option: OUR/SHA/BEN
Central bank of Brazil: http://www.bcb.gov.br/?ENGLISH
Currency Guide
April 2019 | 77
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH
70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
TELEPHONENUMBER OF THEBENEFICIARY
X
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACTBRANCH LOCATION)
X
BENEFICIARY TAXID
X
CNPJNUMBERFOR LEGALENTITIESCPFNUMBERFORINDIVIDUALS
14 DIGITS11 DIGITS
THE AGENCY CODEOFBENEFICIARY BANK
XBANKAGENCYCODE
Currency Guide
April 2019 | 78
BSD – Bahamian Dollar
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments greater than BSD 10.000 require a source of funds declaration.
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>FULL NAME OF
THE BENEFICIARY BANKMANDATORY
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Bahamas: http://www.centralbankbahamas.com/
Currency Guide
April 2019 | 79
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
CLEARINGCODE(COUNTRYCODE)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 80
BTN – Bhutanese Ngultrum
Overview
BTN is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Bhutan.
Besides this limitation, this currency is considered to be complex (complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge option: OUR/SHA/BEN
Currency Guide
April 2019 | 81
• Monetary authority of Bhutan: http://www.rma.org.bt/
Currency Guide
April 2019 | 82
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 1*33X 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 83
BWP – Botswana Pula
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, the beneficiary’s physical full address is recommended.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, it is recommended as well to provide the beneficiary’s telephone number in theremittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL ADRESS RECOMMENDED 59<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARYRECOMMENDED
Additional Information
• Available charge option: OUR/SHA/BEN
Currency Guide
April 2019 | 84
• Central bank of Botswana: http://www.bankofbotswana.bw/
Currency Guide
April 2019 | 85
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSTELEPHONE
NUMBER OF THEBENEFICIARY
X
Currency Guide
April 2019 | 86
BYN – Belarusian Ruble
Overview
BYN is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Belarus.
Besides this limitation, this currency is considered to be complex: In some cases, the finalbeneficiaries will have to contact their local branch to release the funds, or might be required tosign documents to authorise the release of funds.
Currency Guidelines
Besides the standard information, the IBAN must be communicated.
IBAN Length: 28 characters.Example: BY13 NBRB 3600 9000 0000 2Z00 AB00.
The full name (written out in full, without initials, abbreviations or acronyms) and the fulladdress of the beneficiary are mandatory (P.O. boxes are not accepted).
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s tax ID (UNN, INN or UNP)• The beneficiary’s bank full name• The MFO code of the beneficiary’s bank (a unique bank identifier code of three digits ornine if the code begins with: 153001)
This currency does not have any decimal places.
Payment Formatting
Information of the beneficiary
Currency Guide
April 2019 | 87
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY) 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
FULL NAME OF THEBENEFICIARY BANK
FULL ADDRESS(EXACT BRANCH LOCATION)OF THE BENEFICIARY BANK
BENEFICIARY TAX ID
MFO BANK CODE OF THEBENEFICIARY BANK
Additional Information
• Available charge option: OUR/SHA/BEN• Central bank of Belarus: http://www.nbrb.by/engl/
Currency Guide
April 2019 | 88
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
DOMESTICACCOUNT NUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH
70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
BENEFICIARY TAXID
XUNN , INNORUNP
MFO BANK CODEOF THEBENEFICIARY BANK
X 3 OR 9DIGITS
THE FULL NAMEANDADDRESS OF THEBENEFICIARYBANK (EXACTBRANCHLOCATION)
XFREEMESSAGE
ENGLISH
Currency Guide
April 2019 | 89
BZD – Belize Dollar
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Beside the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge option: OUR/SHA/BEN• Central bank of Belize: https://www.centralbank.org.bz/
Currency Guide
April 2019 | 90
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
CLEARINGCODE(COUNTRYCODE)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 91
C
Currency Guide
April 2019 | 92
CAD – Canadian Dollar
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in CAD toward Canada
Besides the standard information, it is important to note that the IBAN format is not in use inCanada.The beneficiary’s physical full address is recommended.The CC code is recommended in order to enable correct routing of payments in the domesticclearing. The CC code is a nine digit code which identifies the direct payment routing number(the first four digits) and the branch transit number (the last five digits).
Example of a CC code: 000306962
In certain cases, the CC code could be included within the domestic account number. Please askto your beneficiary to indicate separately the CC code and the domestic account number.
Payments in CAD outside Canada
Standard information
Payment Formatting
Information of the beneficiary
Currency Guide
April 2019 | 93
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL ADRESSRECOMMENDED
(PAYMENTS TOWARD CANADA)59
<cdtr><PstlAdr><AdrLine>XXXX
Information of the beneficiary bank
DATA NAME PRESENCE MT101 XML V3 TAG
CC CODE&
BIC CODE
RECOMMENDED(PAYMENTS TOWARD CANADA)
57A
<CdtrAgt><FinInstnld><BIC> XXXXX
<ClrSysMmbld><Mmbld>XXXXXXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge option: OUR (fees depend on beneficiary)/SHA/BEN
• Central bank of Canada:www.bankofcanada.ca/
• Canadian Payment Association:www.cdnpay.ca/imis15/eng/Publications/business_guides/eng/business/payment_guides/stp_guidelines_wire_payments.aspx
• More payment information:www.cdnpay.ca/imis15/pdf/pdfs_publications/business_guide_lvts_stp.pdf
Currency Guide
April 2019 | 94
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARD CANADA:DOMESTICACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
PAYMENTSOUTSIDE CANADA:IBAN FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
CLEARINGCODE(COUNTRYCODE)
PAYMENTSTOWARD CANADA:CC CODE & BICCODE (BRANCHIDENTIFIERINCLUDED, IFPROVIDED)
X
CC CODE: 9DIGITS BICCODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
//CC+ 9 DIGITS BIC CODE: 8 OR 11 DIGITS
57A 1*33X 8 OR 11
<CDTRAGT> <FININSTNID> <BIC>XXXXXXX</BIC> <CLRSYSMMBID> <MMBID>XXXXX</MMBID> </CLRSYSMMBID> </FININSTNID></CDTRAGT>
<BIC>LIMITED TO11CHARACTERS<MMBLD>LIMITED TO24CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 95
CDF – Congolese Franc
Overview
CDF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of theDemocratic Republic of Congo.
Besides this limitation, this currency is considered to be complex, due to the large amount ofinformation that needs to be provided.
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide the beneficiary’s bank full address (exact branchlocation) in the remittance information.
Moreover, all payments must be instructed with a 23-digit Beneficiary Bank Account Number(BBAN). Payments without the 23 digit BBAN may be rejected or will result in payment delays.
Eventually, it is recommended as well to add the beneficiary’s telephone number.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY) 59
Name <Cdtr> <Nm>XXXXXXX
FULL ADRESSCdtr> <PstlAdr> <AdrLine>
XXXX
Currency Guide
April 2019 | 96
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACT
BRANCH LOCATION) OF THEBENEFICIARY BANK
TELEPHONE NUMBER OF THEBENEFICIARY
RECOMMENDED
Additional Information
• Available charge option: OUR/SHA/BEN• Central bank of DR of Congo: http://www.bcc.cd/
Currency Guide
April 2019 | 97
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IF PROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
// 57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
TELEPHONENUMBER OF THEBENEFICIARY
X
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACT BRANCHLOCATION )
X
Currency Guide
April 2019 | 98
CHF – Swiss Franc
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in CHF toward Switzerland
Besides the standard information, the IBAN format is mandatory.The beneficiary’s full name (written out in full, without initials, abbreviations or acronyms) ismandatory.
Payments in CHF outside Switzerland
Standard informationThe IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT MANDATORY(PAYMENTS TOWARD
SWITZERLAND)59
<CdtrAcct> <Id> <IBAN>XXXX
FULL ADRESSName <Cdtr> <Nm>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 99
Additional Information
• Available charge options: OUR/SHA/BEN
• According to the Commission Services, Titles III and IV of the PSD also apply to paymenttransactions made in Swiss Francs (CHF) within the EU/EEA countries, covering, amongst others,a transfer made in Swiss Francs between two PSPs both located in one Member State (e.g.France)
• Central bank of Switzerland: http://www.snb.ch/en/
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARDSWITZERLAND:IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34XPAYMENTSOUTSIDESWITZERLAND:IBAN FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
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CLP – Chilean Peso
Overview
CLP is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Chile.
Besides this limitation, this currency is considered to be complex, due to the large amount ofinformation that needs to be provided.
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s tax ID: RUT (Registro Unico Tributario)• The beneficiary’s account type (current or saving)• The beneficiary’s telephone number
This currency does not have any decimal places.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
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DATA NAME PRESENCE MT101TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARY
BENEFICIARY TAX ID
BENEFICIARY ACCOUNT TYPE
Additional Information
• Available charge option: OUR/SHA/BEN• Central bank of Chile: http://www.bcentral.cl/
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
TELEPHONENUMBER OF THEBENEFICIARY
X
BENEFICIARY'SACCOUNT TYPE
X
BENEFICIARY TAXID X
X
Currency Guide
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CNY – Chinese Yuan/Renminbi
Overview
Payments toward mainland China (onshore):
• Payments in Chinese Yuan / Renminbi toward mainland China are considered to beregulated and complex.
• Cross-border payments in CNY toward mainland China are only authorised for capital,commercial and similar transactions.
• Cross-border payments in CNY from corporates outside China to individuals located inmainland China are possible, using one of the following purpose codes: /PAYT/02112,/PAYT/02114 or /PAYT/02125. However, cross-border payments in CNY initiated byindividuals are not permitted.
• Regulations change frequently: please contact your Account Manager for the latest statusor any specific request.
Payments outside mainland China (offshore):
• Payments in CNY outside mainland China are not subject to rules described above and areconsidered to be highly standardised.
Currency Guidelines
Payments in CNY toward mainland China
Payments in CNY toward mainland China are processed through the Chinese local clearing,called CNAPS (China National Advanced Payment System), which uses specific codes andinformation.
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) of the beneficiary is mandatory, to reduce ambiguity linked withhomonyms. The beneficiary’s physical full address is recommended in order to facilitate thecorrect processing. The beneficiary's bank name is mandatory while the beneficiary's bankaddress is optional.
A clearing code, known as the CNAPS routing code, is mandatory: this code describes the exactbranch location of the beneficiary's bank. Providing BIC code in addition to CNAPS code is highlyrecommended but not mandatory.
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In case the CNAPS routing code is not provided, BIC code (branch identifier included, if available)of the beneficiary’s bank becomes mandatory. In order to facilitate the process, it is alsorecommended to add the full address (exact branch location) of the beneficiary's bank in theremittance information. The derivation process of the CNAPS routing code from BIC code is amanual process and is done on a best effort basis; as such, the payment may be subject todelays.
Example of the CNAPS routing code of BNP Paribas China Ltd - Shanghai branch:782290000018
A CNAPS purpose of payment code (see Appendix III) is also needed for regulatory reporting tothe People’s Bank of China. This code is mandatory.
Example of a CNAPS purpose of payment code: PAYT/02114 for contracted services (used fore.g. payments towards individuals in Mainland China)
In case the CNPAS purpose of payment code equals 02125 or 02127, a clear reason / purpose ofpayment is mandatory and consists of a full written description (in English) of the nature ofpayment to be provided in the remittance information. For example: providing aninvoice number without guiding text is considered as insufficient and can result in errors ordelays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, it is recommended to provide the beneficiary’s telephone number in the remittanceinformation.
Payments in CNY outside mainland China
Standard information
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAMEMANDATORY
(PAYMENTS TOWARDMAINLAND CHINA)
59
Name <Cdtr> <Nm>XXXX
FULL ADRESSRECOMMENDED
(PAYMENTS TOWARDMAINLAND CHINA)
<Cdtr> <PstlAdr> <AdrLine>XXXX
Information of the beneficiary bank
DATA NAME PRESENCE MT101 TAG XML V3 TAG
OPTION 1
CNAPS CODEMANDATORY
(PAYMENTS TOWARD MAINLAND CHINA)57A
<CdtrAgt><FinInstnld><BIC> XXXX
<ClrSysMmbld><Mmbld>XXXX
BIC CODERECOMMENDED
(PAYMENTS TOWARD MAINLAND CHINA)57A
<CdtrAgt><FinInstnld><BIC> XXXX
<ClrSysMmbld><Mmbld>XXXX
OPTION 2
BIC CODEMANDATORY
(IF CNAPS CODE IS NOT PROVIDED)57A
<CdtrAgt><FinInstnld><BIC> XXXX
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Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
PURPOSE OF PAYMENTCODE (CNAPS PURPOSE OF
PAYMENT CODE)MANDATORY
(PAYMENTS TOWARDMAINLAND CHINA)
70 <Rmtlnf><Ustrd>
REASON / PURPOSE OFPAYMENT
TELEPHONE NUMBER OF THEBENEFICIARY
RECOMMENDED(PAYMENTS TOWARD
MAINLAND CHINA)
FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
RECOMMENDED(IF CNAPS ROUTING CODE
IS NOT PROVIDED)
Additional Information
• Available charge option: OUR/SHA/BEN
• Central bank of China: http://www.pbc.gov.cn/english/130437/index.html
Currency Guide
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTS TOWARDMAINLAND CHINA:DOMESTIC ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
PAYMENTS OUTSIDEMAINLAND CHINA: IBANFORMAT (IF APPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36 TO70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
CLEARINGCODE(COUNTRYCODE)
OPTION 1:PAYMENTS TOWARDMAINLAND CHINA&CNAPS ROUTING CODE(MANDATORY)&BIC CODE (HIGHLYRECOMMENDED BUT NOTMANDATORY - BRANCHIDENTIFIER INCLUDED, IFPROVIDED)
X
CNAPS CODE:12 DIGITSBIC CODE: 8DIGITS(BRANCHIDENTIFIER: 3DIGITS)
/CN + 12 DIGITSBIC CODE: 8 OR11 DIGITS
57A 1*33X 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXX</BIC><CLRSYSMMBID><MMBID>XXXXX</MMBID></CLRSYSMMBID></FININSTNID></CDTRAGT>
<BIC> LIMITEDTO 11CHARACTERS<MMBID>LIMITED TO 24CHARACTERS
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
OPTION 2:PAYMENTS TOWARDMAINLAND CHINA&IF CNAPS CODE IS NOTPROVIDED: BIC CODEMANDATORY
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
INFORMATION OF THE BENEFICIARY BANK
PAYMENTMESSAGE
PURPOSE OF PAYMENTCODE X
CNAPSPURPOSEOFPAYMENT
PAYT/ + 5DIGITS
70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
IF CNAPS PRUPOSE OFPAYMENT EQUALS 02125 OR02127, THEN TEH DETAILEDREASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
X (IF CNPASPOP CODE02125 OR02127)
FREEMESSAGE ENGLISHTELEPHONE NUMBER OF
THE BENEFICIARY X
RECOMMENDATION IF THECNAPS ROUTING CODE ISNOT PROVIDED: THE FULLADDRESS OF THEBENEFICIARY BANK (EXACTBRANCH LOCATION )
X
Currency Guide
April 2019 | 108
COP – Colombian Peso
Overview
COP is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Colombia.
Besides this limitation, this currency is considered to be complex: in most cases, the finalbeneficiaries will have to contact their local branch to release the funds, while in some cases,the beneficiaries might be required to sign documents to authorise the release of funds. Thisemphasises the importance of adding the beneficiary’s telephone numbers in the paymentinstructions.
Currency Guidelines
Besides the standard information, please note that the full name (written out in full, withoutinitials, abbreviations or acronyms) and the physical full address and of the beneficiary aremandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. Forexample: providing an invoice number without guiding text is considered as insufficient and canresult in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s tax ID
• The beneficiary’s telephone number
• The full address (exact branch location)
Payment Formatting
Information of the beneficiary
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April 2019 | 109
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF THE
BENEFICIARY
BENEFICIARY TAX IDFULL ADDRESS (EXACT
BRANCH LOCATION) OF THEBENEFICIARY BANK
Additional Information
• Available charge option: OUR/SHA/BEN
• Central bank of Colombia: http://www.banrep.gov.co/en
Currency Guide
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
TELEPHONENUMBER OF THEBENEFICIARY
X
BENEFICIARY TAXID
X
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACTBRANCH LOCATION)
X
Currency Guide
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CRC – Costa Rican Colon
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in CRC toward Costa Rica
Besides the standard information, it is important to note that the beneficiary’s tax ID (CedulaJuridica or Cedula Natural) is mandatory.
The beneficiary's tax ID must be formatted as "TAXID" followed by numeric code of 10 or 12digits as described below. There is no space between letters and numbers.
Type of bene ID number length Format Example
INDIVIDUAL(NATIONAL)
10 DIGITS A ZERO SHOULD BE PLACED BEFORE THE 9 DIGITS OF THE ID NUMBER TAXID0123456789
INDIVIDUAL(FOREIGN LEGALLY REGISTERED)
12 DIGITS AS INDICATED IN IDENTIFICATION DOCUMENT TAXID123456789012
LEGAL ENTITY/CORPORATES
10 DIGITIS AS INDICATED IN LEGAL DOCUMENT TAXID1234567890
Payments in CRC outside Costa Rica
Standard informationIBAN format is mandatory (see Appendix VI).
Payment Formatting
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April 2019 | 112
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>
BENEFICIARY TAX IDMANDATORY
(PAYMENT TOWARDS COSTA RICA)
Additional Information
• Available charge option: OUR/SHA/BEN• Central bank of Costa Rica: http://www.bccr.fi.cr/bccr_home_page/index.html
Currency Guide
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSBENEFICIARY TAX
IDX
Currency Guide
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CVE – Cape Verdean Escudo
Overview
CVE is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of CapeVerde.
Besides this limitation, this currency is considered to be complex (complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
FULL NAME
MANDATORY) 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
Currency Guide
April 2019 | 115
• Available charge option: OUR/SHA/BEN• Central bank of Cape Verde: http://www.bcv.cv/vEN/Pages/Homepage.aspx
Currency Guide
April 2019 | 116
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
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CZK – Czech Koruna
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in CZK toward The Czech Republic
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
In the case where structured remittance information is to be passed, it is important to note thatthis can be either one of the following, or a combination of:
• Variable code (1-10 digits) e.g. /VS/xxxxx• Constant code (1-4 digits) e.g. /KS/xxxxx• Specific code (1-10 digits) e.g. /SS/xxxxx
These codes shall be provided by the beneficiary.
Payments in CZK outside the Czech Republic
Standard informationThe IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
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April 2019 | 118
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARD THECZECH REPUBLIC)
59<CdtrAcct> <Id> <IBAN>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BENIn principle, for payments subject to the Payment Services Directive (PSD) and without currencyconversion, only shared charges are allowed.
• Central bank of the Czech Republic: https://www.cnb.cz/en/index.html
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARD THECZECH REPUBLIC:IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34XPAYMENTSOUTSIDE THECZECH REPUBLIC:IBAN FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT> <FININSTNID> <BIC>XXXXXXX</BIC> <CLRSYSMMBID> <MMBID>XXXXX</MMBID> </CLRSYSMMBID> </FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 120
D
Currency Guide
April 2019 | 121
DJF – Djiboutian Franc
Overview
DJF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Djibouti.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
This currency does not have any decimal places.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
Currency Guide
April 2019 | 122
• Available charge option: OUR/SHA/BEN• Central bank of Djibouti: http://banque-centrale.herokuapp.com/
Currency Guide
April 2019 | 123
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
CLEARINGCODE(COUNTRYCODE)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 124
DKK – Danish Krone
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in DKK toward Denmark
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
Payments in DKK outside Denmark
Standard informationThe IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARDDENMARK)
59<CdtrAcct> <Id> <IBAN>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 125
Additional Information
• Available charge options: OUR/SHA/BENIn principle, for payments subject to the Payment Services Directive (PSD) and without currencyconversion, only shared charges are allowed.
• Central bank of Denmark: http://www.nationalbanken.dk/en/Pages/default.aspx
Currency Guide
April 2019 | 126
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARDDENMARK: IBANFORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34XPAYMENTSOUTSIDEDENMARK:IBANFORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 127
DOP – Dominican Peso
Overview
This currency is considered to be complex (multiple information to be provided and complexprocessing).
Currency Guidelines
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in DOP toward the Dominican Republic
Besides the standard information, it is mandatory to provide in the remittance information:
• The beneficiary’s tax ID (RNC - Registro Nacional de Contribuyentes)• The beneficiary’s account type (current or saving)• The beneficiary’s telephone number
Payments in DOP outside the Dominican Republic
Standard informationThe IBAN format is mandatory (see Appendix VI).
Payment Formatting
Remittance information
Currency Guide
April 2019 | 128
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARY MANDATORY(PAYMENTS TOWARD THE
DOMINICAN REP)BENEFICIARY TAX ID
BENEFICIARY TAX ID
Additional Information
• Available charge option: OUR/SHA/BEN• Central bank of the Dominican Republic:http://www.bancentral.gov.do:8080/english/index-e.asp
Currency Guide
April 2019 | 129
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
TELEPHONENUMBER OF THEBENEFICIARY
X
BENEFICIARY TAXID
X
BENEFICIARYACCOUNT TYPE
X
Currency Guide
April 2019 | 130
DZD – Algerian Dinar
Overview
DZD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Algeria.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, it is recommended to provide the beneficiary’s telephone number in the remittanceinformation.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
FULL NAME MANDATORY)
59
Name <Cdtr> <Nm>XXXX
FULL ADRESS RECOMMENDED<Cdtr><PstlAdr><AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARYRECOMMENDED
Currency Guide
April 2019 | 131
Additional Information
• Available charge options: OUR/SHA/BEN• Additional information: FX activities in Algeria are heavily regulated and tightly controlled bythe Algerian central bank.• Central bank of Algeria: http://www.bank-of-algeria.dz/html/present.htm
Currency Guide
April 2019 | 132
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BICCODE(BRANCHIDENTIFIERINCLUDED, IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER: 3DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
X
FREE MESSAGE ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSTELEPHONE NUMBER OF
THE BENEFICIARY X
Currency Guide
April 2019 | 133
E
Currency Guide
April 2019 | 134
EGP – Egyptian Poundr
Overview
This currency is considered to be complex (multiple information to be provided and complexprocessing).
Currency Guidelines
Besides the standard information, a clear reason / purpose of payment is mandatory andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Egypt: http://www.cbe.org.eg/
Currency Guide
April 2019 | 135
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS
57A 1*33X 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 136
ERN – Eritrean Nakfa
Overview
ERN is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Eritrean.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESSCdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Currency Guide
April 2019 | 137
Additional Information
• Available charge option: OUR/SHA/BEN
Currency Guide
April 2019 | 138
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULLADDRESS OF THEBENEFICIARYBANK (EXACTBRANCHLOCATION )
X
Currency Guide
April 2019 | 139
ETB – Ethiopian Birr
Overview
ETB is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Ethiopia.
Besides this limitation, the payment processing is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, the physical full address of the beneficiary is mandatory.
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additional Information
• Available charge option: OUR/SHA/BEN• Central bank of Ethiopia: http://www.nbe.gov.et/
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
FULL ADRESS MANDATORY 59<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 140
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 141
EUR – Euro
Overview
Today, all transactions in EUR between 2 countries with EUR as domestic currency must respectthe SEPA regulation (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece,Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Portugal, Slovenia, Slovakia, Spain and TheNetherlands).
As from November 2016, all transactions in EUR between 2 countries within the SEPA Area(see Appendix VII) must also respect the SEPA regulation.
Payment transactions processed and settled through large- value payment systems, regardlessof the amount, remain out of scope of the SEPA regulation.
Currency Guidelines
SEPA payments
For SEPA payments, please consult our dedicated SEPA guides (see Appendix VII).
High Value payments
Standard informationIn some countries the IBAN format is mandatory (see Appendix VI) and/or specific localregulations are applicable.
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example;providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
Currency Guide
April 2019 | 142
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf> >Ustrd>
Additional Information
• Available charge options: OUR/SHA/BENIn principle, for payments subject to the Payment Services Directive (PSD) and without currencyconversion, only shared charges are allowed.
• More information about the Euro zone:http://europa.eu/about-eu/basic-information/money/euro/
• European Central Bank: https://www.ecb.europa.eu/home/html/index.en.html
Currency Guide
April 2019 | 143
Technical Guidlines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
NAME<CDTR><NM>XXX</NM>
FULLNAME X 1*35X
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT> <FININSTNID> <BIC>XXXXXXX</BIC> </FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 144
F
Currency Guide
April 2019 | 145
FJD – Fijian Dollar
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Beside the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Fiji: http://www.rbf.gov.fj/
Currency Guide
April 2019 | 146
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 147
G
Currency Guide
April 2019 | 148
GBP – British Pound Sterling
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in GBP toward the UK
Besides the standard information, it is important to note that the IBAN format is recommended(see Appendix VI).
In case that the domestic account number is provided, then the sort code is mandatory.
The sort code is a six digit code which allows for the identification of a financial institution. Thisinformation should be requested from the beneficiary.
Example of a sort code: 209448
Payments in GBP outside the UK
Standard informationThe IBAN format is recommended (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
IBAN FORMATRECOMMENDED
(PAYMENTS TOWARD THE UK)59
<CdtrAcct> <Id> <IBAN>XXXX
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Information of the beneficiary bank
DATA NAME PRESENCE MT101 XML V3 TAG
CC CODE&
BIC CODE
MANDATORY(IF DOMESTIC ACCOUNTNUMBER PROVIDED AND
PAYMENT TOWARDS THE UK)
57A
<CdtrAgt> <FinInstnId><BIC> XXXX
<ClrSysMmbId> <MmbId>XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BENIn principle, for payments subject to the Payment Services Directive (PSD) and without currencyconversion, only shared charges are allowed.
• Central bank of the United Kingdom : http://www.bankofengland.co.uk
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARD THE UK:IBAN FORMATALWAYSRECOMMENDED X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
PAYMENTSOUTSIDE THE UK:IBAN FORMAT (IFAPPLICABLE)
FULLNAME X 1*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
CLEARINGCODE(COUNTRYCODE)
IF DOMESTICACCOUNTNUMBERPROVIDED ANDPAYMENTTOWARD THE UK:SORT CODE&BIC CODE (BRANCHIDENTIFIERINCLUDED, IFPROVIDED)
X
SORT CODE:6 DIGITSBIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
//SC + 6DIGITS BICCODE: 8 OR 11DIGITS
57A 1*33X 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXX</BIC><CLRSYSMMBID><MMBID>XXXXX</MMBID></CLRSYSMMBID></FININSTNID></CDTRAGT>
<BIC>LIMITED TO11CHARACTERS<MMBID>LIMITED TO24CHARACTERS
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
INFORMATION OF THE BENEFICIARY BANK
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
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GEL – Georgian Lari
Overview
GEL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Georgia.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
The full name (written out in full, without initials, abbreviations or acronyms) and the physicalfull address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT
MANDATORY 59
<CdtrAcct> <Id> <IBAN>XXXX
FULL NAMEName <Cdtr> <Nm>
XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
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DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Georgia: https://www.nbg.gov.ge/index.php?m=2&lng=eng
Currency Guide
April 2019 | 153
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
) X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACTBRANCH LOCATION)
X
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April 2019 | 154
GHS – Ghanaian Cedi
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, the beneficiary’s physical full address is recommended.
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
The Beneficiary’s Bank’s Sort Code is mandatory and should be added to the remittanceinformation. This code is a six digit code which allows the identification of a financial institution.This code is preceded with two letters that represent the country code for Ghana: GH.
The 8-character alpha numeric sort code is allocated based on pre-defined criteria to identify thecountry, the bank, the clearing zone in which a bank branch is located and the branch numberof the bank and are structured as enclosed:
• The first two digits represent the bank’s code
• The second two digits represent the code of the clearing zone within which the branch ofthe bank is located
• The last two digits represent the branch’s code
If Beneficiary Bank’s Sort Code is not know, the full address (exact branch location) and name ofthe beneficiary’s bank is mandatory and to be provided in the remittance information. Moreover,it is recommended to provide the beneficiary’ telephone number in the remittance information.
Payment Formatting
Information of the beneficiary
Currency Guide
April 2019 | 155
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
RECOMMENDED 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr><PstlAdr><AdrLine>
XXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARY
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Ghana: http://www.bog.gov.gh/
Currency Guide
April 2019 | 156
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMAT MANDATORY X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH
70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
TELEPHONE NUMBER OF THEBENEFICIARY
X
THE FULL ADDRESS OF THEBENEFICIARY BANK (EXACTBRANCH LOCATION)SORT CODE OF THEBENEFICIARY BANK
X
X 6 DIGITS
Currency Guide
April 2019 | 157
GMD – Gambian Dalasi
Overview
GMD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Gambia.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAMEMANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS Cdtr> <PstlAdr> <AdrLine>
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
Currency Guide
April 2019 | 159
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 1*33X 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 160
GNF – Guinean Franc
Overview
GNF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Guinea.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, even though the IBAN format is always recommended, it isimportant to note that the domestic account number format can be used.
The domestic account number is eighteen digits in Guinea. This account structure is made up ofa bank/branch identifier (three digits), an agency code (three digits), a domestic account number(ten digits) and a key (two digits).
The full name (written out in full, without initials, abbreviations or acronyms) and the physicalfull address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
This currency does not have any decimal places.
Payment Formatting
Information of the beneficiary
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April 2019 | 161
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESSCdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Guinea: http://www.bcrg-guinee.org/
Currency Guide
April 2019 | 162
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMAT ISALWAYSRECOMMENDED
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 1*33X 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULLADDRESS OF THEBENEFICIARYBANK (EXACTBRANCHLOCATION )
X
Currency Guide
April 2019 | 163
GTQ – Guatemalan Quetzal
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Beside the standard information, it is important to note that the IBAN format is alwaysrecommended (see Appendix VI).
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT RECOMMENDED 59<CdtrAcct> <Id> <IBAN>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Guatemala: http://www.banguat.gob.gt/default.asp?lang=2
Currency Guide
April 2019 | 164
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMAT ISALWAYSRECOMMENDED
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BICCODE(BRANCHIDENTIFIERINCLUDED, IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 165
GYD – Guyanese Dollar
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Beside the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Guyana: http://www.bankofguyana.org.gy/bog/
Currency Guide
April 2019 | 166
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS
57A 1*33X 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 167
H
Currency Guide
April 2019 | 168
HKD – Hong Kong Dollar
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in HKD toward Hong Kong
Standard information
Payments in HKD outside Hong Kong
Standard information
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge option: OUR/SHA/BEN
• Hong Kong monetary authority: http://www.hkma.gov.hk/eng/index.shtml
Currency Guide
April 2019 | 169
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
Currency Guide
April 2019 | 170
HNL – Honduran Lempira
Overview
HNL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Honduras.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, the beneficiary’s account type (current or saving) is required and should be addedto the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESSCdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT MANDATORY 70 <Rmtlnf><Ustrd>
BENEFICIARY ACCOUNT TYPE
Currency Guide
April 2019 | 171
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Honduras: http://www.bch.hn/eng/
Currency Guide
April 2019 | 172
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
BENEFICIARYACCOUNT TYPE
XCURRENTOR SAVING
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HRK – Croatian Kuna
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in HKR toward Croatia
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
Payments in HKR outside Croatia
Standard informationThe IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARD CROATIA)59
<CdtrAcct> <Id> <IBAN>XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
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Additional Information
• Available charge options: OUR/SHA/BENIn principle, for payments subject to the Payment Services Directive (PSD) and without currencyconversion, only shared charges are allowed.
• Central bank of Croatia: http://www.hnb.hr/eindex.htm
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTS TOWARDCROATIA:IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
PAYMENTS OUTSIDECROATIA:IBAN FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
Currency Guide
April 2019 | 176
HTG – Haitian Gourde
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESSCdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Haiti: http://www.brh.net/
Currency Guide
April 2019 | 177
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS
57A 1*33X 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 178
HUF – Hungarian Forint
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
This currency does not have any decimal places.
Payments in HUF toward Hungary
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
Payments in HUF outside Hungary
Standard informationThe IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARD HUNGARY)59
<CdtrAcct> <Id> <IBAN>XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
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April 2019 | 179
Additional Information
• Available charge options: OUR/SHA/BENIn principle, for payments subject to the Payment Services Directive (PSD) and without currencyconversion, only shared charges are allowed.
• Central bank of Hungary: http://english.mnb.hu/
Currency Guide
April 2019 | 180
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARDHUNGARY: IBANFORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34XPAYMENTSOUTSIDEHUNGARY: IBANFORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
Currency Guide
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I
Currency Guide
April 2019 | 182
IDR – Indonesian Rupiah
Overview
IDR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Indonesia.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the beneficiary’s physical full address is recommended.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
A purpose of payment code (see Appendix IV) is required when payments are above IDR 100million and one party involved in the transaction is a non-resident.
Moreover, it is recommended to provide the beneficiary’s telephone number in the remittanceinformation.
This currency does not have any decimal places.
Eventually it is highly recommended that all IDR wire payments have the following informationunder Beneficiary Address with format “SKN/2*2**” where:
* BenefTypeCode value = 1/ 2/ 3 (1: Individual, 2: Corporate, 3: Government)
** BenefStatusCode value = 1/ 2 (1: Resident, 2: Non-Resident)
Examples in case of SWIFT MT103:
• Using tag 77B - must be on line 1: 77B:/BENEFRES/ID/SKN/2*2**
• Using tag 70 (payment details-free format): 70:/BENEFRES/ID/SKN/2*2**
• Using tag 72 (bank-to-bank information): 72:/ACC/BENEFRES/ID/SKN/2*2**
Currency Guide
April 2019 | 183
Note
• that incomplete instructions may result in delay and late execution.
• that ID in the above-mentioned examples, is a fixed value that stands for "Indonesia" andnot for a particular identification reference.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL ADRESS MANDATORY 59<Cdtr><PstlAdr><AdrLine>
XXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>PURPOSE OF PAYMENT CODE
MANDATORY(FOR PAYMENTS ABOVE
IDR 100 M AND ONE PARTYINVOLVED IN THE TRANSACTION
IS A NON-RESIDENT)
TELEPHONE NUMBER OFTHE BENEFICIARY
RECOMMENDED
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Indonesia: http://www.bi.go.id/en/Default.aspx
Currency Guide
April 2019 | 184
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
PURPOSE OFPAYMENTCODE:PAYMENTSABOVE IDR 100MAND ONE PARTYINVOLVEDIN THETRANSACTION ISANON RESIDENT
X
TELEPHONENUMBER OF THEBENEFICIARY
X
Currency Guide
April 2019 | 185
ILS – Israeli Shekel
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in ILS toward Israel
Besides the standard information, the IBAN format will be mandatory as from 1 July 2019 (seeAppendix VI).
The beneficiary’s physical full address is recommended.
Moreover, it is recommended to provide the beneficiary’s telephone number in the remittanceinformation.
Payments in ILS outside Israel
Standard informationThe IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARD ISRAEL)59
<CdtrAcct> <Id> <IBAN>XXXX
FULL ADRESSRECOMMENDED
(PAYMENTS TOWARD ISRAEL)59
<Cdtr><PstlAdr><AdrLine>XXX
Currency Guide
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Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARYRECOMMENDED
(PAYMENTS TOWARD ISRAEL)
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Israel: http://www.boi.org.il/en/Pages/Default.aspx
Currency Guide
April 2019 | 187
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARD ISRAEL:IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
PAYMENTSOUTSIDE ISRAEL:IBAN FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSTELEPHONE
NUMBER OF THEBENEFICIARY
X
Currency Guide
April 2019 | 188
INR – Indian Rupee
Overview
This currency is considered to be restricted, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of India.
Besides this limitation, this currency is considered to be complex because of its complexprocessing.
Currency Guidelines
Besides the standard information, a dedicated country routing code known as the IFSC Code ispreferred as best practice in order to ensure the correct processing of the payment through thelocal clearing.
The IFSC code (Indian Financial System Code) is an alpha-numeric code (eleven digit code) thatuniquely identifies a bank-branch participating in the NEFT system (National electronic fundstransfer system). The IFSC is used to identify the originating / destination banks / branches andalso to route the messages appropriately to the concerned banks / branches in India.
Example of a IFSC code: APMC0000902
In case that the IFSC Code is not provided, the BIC code (branch identifier included, if provided)of the beneficiary’s bank is mandatory. It is also recommended to add the exact branch locationto the remittance information.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to add the purpose of payment code (see Appendix I).
Example of a purpose payment code: P1302
Note: the reason of payment and purpose code must not start with the special character '/'.
Note: the purpose of payment code is mandatory for payments in all currencies towards India(see Appendix I).
Currency Guide
April 2019 | 189
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
Option 1
IFSC CODE & BIC CODE RECOMMENDED 57A
<CdtrAgt> <FinInstnId><BIC> XXXXX
<ClrSysMmbId> <MmbId>XXXXXXXX
Option 2
BIC CODE MANDATORY (IF THE IFSC CODE IS NOT PROVIDED) 57A<CdtrAgt><FinInstnId><BIC>
XXXXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>PURPOSE OF
PAYMENT CODE
FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
RECOMMENDED(IF THE IFSC CODEIS NOT PROVIDED)
Additional Information
• Available charge option: OUR/SHA/BEN
• List of Purpose code: http://www.rbi.org.in/scripts/PublicationReportDetails.aspx?ID=292
• List of IFSC code: http://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=2009
• For more information about the NEFT System and IFSC code: http://www.rbi.org.in/scripts/FAQView.aspx?Id=60
• Central Bank of India: http://www.rbi.org.in/Scripts/AboutusDisplay.aspx
Currency Guide
April 2019 | 190
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENT SWIFTREQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNT NUMBER ACCOUNT NUMBER X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
FULLNAME LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO
35CHARACTERS
FULL ADDRESS X 3*35X
<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
CLEARINGCODE(COUNTRYCODE)
OPTION 1:IFSC CODE (*HIGHLYRECOMMENDED)&BIC CODE (BRANCHIDENTIFIER INCLUDED, IFPROVIDED)
X*
IFSC CODE:11 DIGITSBIC CODE: 8DIGITS(BRANCHIDENTIFIER:3DIGITS)
//IN + 11 DIGITS BICCODE: 8 OR 11DIGITS
57A1*33X 8 OR11
<CDTRAGT><FININSTNID><BIC>XXXXXXX</BIC><CLRSYSMMBID><MMBID>XXXXX</MMBID></CLRSYSMMBID></FININSTNID></CDTRAGT>
<BIC>LIMITED TO11CHARACTERS<MMBID>LIMITED TO24CHARACTERS
BIC CODE (BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
OPTION 2:IF IFSC CODE IS NOTPROVIDED:BIC CODE
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER: 3DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENT MESSAGE
PURPOSE OF PAYMENTCODE
X P + 4 DIGITS
70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS
140CHARACTERS
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)RECOMMENDATION: REASONOF PAYMENT + PURPOSE OFPAYMENT CODE
X
FREE MESSAGE ENGLISH
RECOMMENDATION IF THEIFSC CODE IS NOTPROVIDED: THE FULLADDRESS OF THEBENEFICIARY BANK (EXACTBRANCH LOCATION)
X
Currency Guide
April 2019 | 191
J
Currency Guide
April 2019 | 192
JMD – Jamaican Dollar
Overview
Fund transfers in this currency are not allowed outside of Jamaica.
Besides this limitation, this currency is considered to be complex (complex processing).
Currency Guidelines
Besides the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s account type : can be either TYPE SA (savings) or TYPE CA (checkingaccount)• The bank and branch code of the beneficiary’s bank
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>BENEFICIARY
ACCOUNT TYPEMANDATORY
BANK AND BRANCH CODE OFTHE BENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Jamaica: http://www.boj.org.jm/
Currency Guide
April 2019 | 193
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER: 3DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
BENEFICIARYACCOUNT TYPE
X
TYPES:TYPESA(SAVINGS)TYPECA(CHECKINGACCOUNT)
BANK ANDBRANCH CODE OFTHE BENEFICIARYBANK
X
Currency Guide
April 2019 | 194
JOD – Jordanian Dinar
Overview
The payment processing of this currency is considered to be relatively standardised. However,the beneficiaries might be contacted by the beneficiary/correspondent bank to release thefunds.
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
A purpose of payment code (see Appendix VIII) is mandatory and has to be added to the reasonof payment.
This currency accepts three decimal places.
For payments exceeding JOD 10 000, the beneficiaries must provide additional and validinformation related to the source of funds/payment (e.g. invoices, copy of contracts, etc.).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT MANDATORY 59<CdtrAcct> <Id> <IBAN>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED70 <Rmtlnf><Ustrd>
PURPOSE OF PAYMENT CODE MANDATORY
Currency Guide
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Additional Information
• Available charge options: OUR/SHA/BEN
• The purpose of payment code is mandatory and required by the central bank for all paymentstoward Jordan (regardless of the currency).
• Central bank of Jordan: http://www.cbj.gov.jo/
Currency Guide
April 2019 | 196
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH
70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
PURPOSE OFPAYMENT CODE
X 4 DIGITS
Currency Guide
April 2019 | 197
JPY – Japanese Yen
Overview
The payment processing of this currency is considered to be highly standardised, even thoughAML controls in Japan are very strict and might delay final credit to the beneficiary.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
This currency does not have any decimal places.
Payments in JPY toward Japan
Besides the standard information, it is important to note that domestic account number is 7digits in Japan. However, some domestic account numbers only contain 5 digits, and must thenbe preceded by "00".
Payments in JPY outside Japan
Standard information
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 198
Additional Information
• Available charge options: OUR/SHA/BEN
• The commission schedule in Japan may be higher than other countries as it is market practiceto be charged on percentage based fee, the so-called “lifting charge”, for remittances where noFX transaction is involved.
• Additional information:
Relevant for funds receipt in Japan
Please note that, according to the Bankers Association: “The Japanese government hasrequired Japanese financial institutions, etc. to identify and verify customers under the Act onprevention of transfer of criminal proceeds and the foreign exchange and foreign trade act,as part of countermeasures against money laundering activities and the financing ofterrorism. Under these circumstances, banks will identify and verify customers when theyopen a new account and/or perform large cash transactions, domestic cash transfers of morethan 100,000 yen and overseas remittances, etc. Banks are also required to reporttransactions that are suspected of being related to criminal proceeds by the Act. For moreinformation please go to the website”.
• Japanese Bankers Association: https://www.zenginkyo.or.jp/en/banks/banking_regulation/
• Central bank of Japan: http://www.boj.or.jp
Currency Guide
April 2019 | 199
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARDJAPAN:DOMESTICACCOUNT NUMBER
X
7 DIGITS
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
PAYMENTSOUTSIDE JAPAN:IBAN FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
Currency Guide
April 2019 | 200
K
Currency Guide
April 2019 | 201
KES – Kenyan Shilling
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, a clear reason / purpose of payment is mandatory andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s bank full name• The beneficiary’s bank full address (exact branch location)• The beneficiary’s bank KBA routing code
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL NAME AND ADDRESS(EXACT BRANCH LOCATION)OF THE BENEFICIARY BANK
KBA CODE OF THEBENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Kenya: https://www.centralbank.go.ke/
Currency Guide
April 2019 | 202
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
THE FULL NAMEAND ADDRESS OFTHE BENEFICIARYBANK (EXACTBRANCH LOCATION)
X
KBA CODE OF THEBENEFICIARY BANK
X
Currency Guide
April 2019 | 203
KGS – Kyrgyzstani Som
Overview
KGS is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside ofKyrgyzstan.
Besides this limitation, this currency is considered to be complex: In some cases, the finalbeneficiaries will have to contact their local branch to release the funds, while in some cases,the beneficiaries might be required to sign documents to authorise the release of funds. Thisemphasises the importance of adding the beneficiary’s telephone numbers in the paymentinstructions.
Currency Guidelines
Besides the standard information, it is important to note that the domestic account numberformat is a sixteen digit account number.
The beneficiary’s physical full address is mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s telephone number• The beneficiary’s bank full name• The beneficiary’s bank full address (exact branch location)
Payment Formatting
Information of the beneficiary
Currency Guide
April 2019 | 204
DATA NAME PRESENCE MT101 XML V3 TAG
DOMESTIC ACCOUNTNUMBER
MANDATORY 59
<CdtrAcct> <Id> <Othr> <Id>XXXXXXXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARY
FULL NAME AND FULL ADDRESS(EXACT BRANCH LOCATION) OF
THE BENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of Kyrgyzstan: http://www.nbkr.kg/index.jsp?lang=ENG
Currency Guide
April 2019 | 205
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
DOMESTIC ACCOUNTNUMBER
X 16 DIGITS
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 1*33X 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH
70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
TELEPHONE NUMBER OFTHE BENEFICIARY
X
THE FULL NAME ANDADDRESS OF THEBENEFICIARY BANK (EXACTBRANCH LOCATION )
X
Currency Guide
April 2019 | 206
KHR – Cambodian Riel
Overview
KHR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Cambodia.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESSCdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
Currency Guide
April 2019 | 207
• Available charge options: OUR/SHA/BEN• Central bank of Cambodia: http://www.nbc.org.kh/english/
Currency Guide
April 2019 | 208
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
Currency Guide
April 2019 | 209
KMF – Comorian Franc
Overview
KMF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of theComoros.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
This currency does not have any decimal places.
Payment Formattting
Information of the beneficiary
DATA NAME PRESENCE MT101TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESSCdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
Currency Guide
April 2019 | 210
DATA NAME PRESENCE MT101TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OFTHE BENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN• Central bank of the Comoros: http://www.banque-comores.km/
Currency Guide
April 2019 | 211
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X
3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACTBRANCH LOCATION)
X
Currency Guide
April 2019 | 212
KRW – Korean Won
Overview
KRW is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of SouthKorea.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing). In some cases, the final beneficiaries will have to contacttheir local branch to release the funds, while in some cases, the beneficiaries might be requiredto sign documents to authorise the release of funds. This emphasises the importance of addingthe beneficiary’s telephone numbers in the payment instructions.
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s telephone number or e-mail address• The beneficiary’s bank full name• The beneficiary’s bank full address (exact branch location)
In case of tax payments, the beneficiary’s tax ID/ID number is needed by the South Korean FXregulations. This information is mandatory and should be added to the remittance information.
The beneficiary’s tax ID/ID number is recommended for amounts greater than USD 1.000.
This currency does not have any decimal places.
Payment Formatting
Currency Guide
April 2019 | 213
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>
TELEPHONE NUMBER OF THEBENEFICIARY
BENEFICIARY TAX ID/IDNUMBER
MANDATORY(FOR TAX PAYMENTS)
FULL NAME AND FULLADDRESS (EXACTBRANCH
LOCATION) OF THEBENEFICIARY BANK
MANDATORY
Additional Information
• Available charge options: OUR/SHA/BEN
• The beneficiary, the beneficiary’s address and bank must be located in South Korea. Thebeneficiary’s account has to be KRW denominated and must be opened in South Korea.
• Central bank of South Korea: http://eng.bok.or.kr/eng/engMain.action
Currency Guide
April 2019 | 214
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE 1: /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
TELEPHONENUMBER OR E-MAIL ADDRESS OFTHE BENEFICIARY
X
BENEFICIARY TAXID/ID NUMBER FORTAX PAYMENTS
X
THE FULL NAMEAND ADDRESS OFTHE BENEFICIARY
X
Currency Guide
April 2019 | 215
KWD – Kuwaiti Dinar
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
This currency accepts three decimal places.
Payments in KWD toward Kuwait
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
The beneficiary’s physical full address is recommended.
Moreover, it is recommended as well to provide the beneficiary’s telephone number in theremittance information.
Payments in KWD outside Kuwait
Standard informationThe IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARD KUWAIT)59
<CdtrAcct> <Id> <IBAN>XXXX
FULL ADRESSRECOMMENDED
(PAYMENTS TOWARD KUWAIT)<Cdtr><PstlAdr><AdrLine>
XXX
Currency Guide
April 2019 | 216
Remittance information
DATA NAME PRESENCE MT101TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARYRECOMMENDED
(PAYMENTS TOWARD KUWAIT)
Additional Information
• Available charge options: OUR/SHA/BEN• Central Bank of Kuwait: http://new.cbk.gov.kw/en/
Currency Guide
April 2019 | 217
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTS TOWARDKUWAIT: IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
PAYMENTS OUTSIDEKUWAIT: IBAN FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSTELEPHONE NUMBER OF
THE BENEFICIARY X
Currency Guide
April 2019 | 218
KYD – Cayman Islands Dollar
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in KYD toward the Cayman Islands
Standard information
Payments in KYD outside the Cayman Islands
Standard information
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Addirional Information
• Available charge options: OUR/SHA/BEN
• Monetary authority of Cayman Islands: http://www.cimoney.com.ky/
Currency Guide
April 2019 | 219
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
Currency Guide
April 2019 | 220
KZT – Kazakhstani Tenge
Overview
The payment processing of this currency is considered to be complex, due to the amount ofinformation that needs to be provided and due to the fact that the beneficiary’s bank mightneed to contact the client to release the funds.
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s identification code, BIN code for legal entities or IIN code for individuals
• A Single payment classification code (EKNP): the Single Payment Classification Code is madeup of 10 characters and must be labelled EKNP.
• The first two digits are
• 24 if the ordering party is a foreign bank
• 17 if the ordering party is a resident legal entity
• 27 if the ordering party is a non-resident legal entity
• The next 2 digits (third and fourth digits) will be the beneficiary code (KBE code)
• The following 3 characters (fifth, sixth and seventh digits) will be "KZT"
• The last 3 digits will be the payment detail code (KZT payment details code)
See Appendix XIV for details.
Moreover, in case of tax payments, it is mandatory to add the BCC code (6 digits), the budget
Currency Guide
April 2019 | 221
classification code. It is important to note that these payments might require more information.Please contact your Account Manager.
Payment Formatting
Information of the beneficiary bank
DATA NAME PRESENCE MT101 XML V3 TAG
IBAN FORMAT
MANDATORY59
<CdtrAcct> <Id> <IBAN>XXXX
FULL NAME
BIN / INN CODE
SINGLE PAYMENTCLASSIFICATION CODE
BUDGET CODE MANDATORY IN CASE OF TAX PAYMENTS
Remittance information
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR
• Additional information:
According to the Central bank’s Article 19: “The Obligation to Submit Information andDocuments
1. Residents, and non-residents performing activities in the Republic of Kazakhstan, shall berequired to submit reports, information, and documents on their currency operations to thecurrency regulation and control authorities and to currency control agents in fulfilment ofrequirements established by this Law.
2. Residents and non-residents shall be required, when so requested by authorised banks, tostate the purpose of payments and transfers of money in currency operations carried outthrough them, and to submit documents supporting the stated purposes of money transfersand payments in fulfilment of requirements established by this Law.”
• Public services and information online: http://egov.kz/wps/portal/index
• For the BCC codes, please find the list here:http://egov.kz/wps/portal/Content?contentPath=/egovcontent/bus_tax_finance&lang=en
• Central Bank of Kazakhstan: http://www.nationalbank.kz
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
BENEFICIARYIDENTIFICATION
CODE
BIN FOR LEGALENTITIESIIN FOR
INDIVIDUALS
X
4*35X<CDTR><NM>XXX</NM>
LINE 3:LIMITED TO
140CHARACTERS
SINGLEPAYMENT
CLASSIFICATIONCODE (EKNP)
X
10CHARACTERS
THE FIRSTTWO DIGITS
ARE24 IF THE
ORDERINGPARTY IS A
FOREIGN BANK17 IF THE
ORDERINGPARTY IS ARESIDENT
LEGAL ENTITY27 IF THE
ORDERINGPARTY IS A
NON-RESIDENTLEGAL ENTITYTHE NEXT 2DIGITS WILL
BE THEBENEFICIARY
CODETHE
FOLLOWINGTHREE
CHARACTERSWILL BE KZTTHE LAST 3DIGITS WILL
BE THEPAYMENT
DETAIL CODE.
LINE 4:LIMITED TO
140CHARACTERS
ONLY FOR TAXPAYMENTS:
BUDGET CODE X BCC CODE
LINE 5:LIMITED TO
140CHARACTERS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED, IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER: 3DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X FREE MESSAGE ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUM
LENGTH IS 140CHARACTERS
Currency Guide
April 2019 | 223
L
Currency Guide
April 2019 | 224
LAK – Lao Kip
Overview
LAK is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of LaoPeople’s Democratic Republic.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESSCdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Currency Guide
April 2019 | 225
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Lao People’s Democratic Republic: http://www.bol.gov.la/english/index1.php
Currency Guide
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSTHE FULL ADDRESS OF THE
ENEFICIARY BANK(EXACTRANCH LOCATION )
X
Currency Guide
April 2019 | 227
LBP – Lebanese Pound
Overview
The payment processing of this currency is considered to be relatively standardised. However,the beneficiaries might be contacted by the beneficiary/correspondent bank to release thefunds.
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
This currency has to include two decimal places of zero value (e.g. LBP 123.00)
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT MANDATORY 59Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR
• BEN can only be used for payments greater than LBP 15 000
Currency Guide
April 2019 | 228
• Central bank of Lebanon: http://www.bdl.gov.lb/
Currency Guide
April 2019 | 229
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
Currency Guide
April 2019 | 230
LKR – Sri Lankan Rupee
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information.For example: providing an invoice number without guiding text is considered as insufficient andcan result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
The beneficiary’s bank code is mandatory and should be added to the remittance information,this code is used to route payments in Sri Lanka, it is a seven digits code where the four firstdigits designates the bank code and the three last digits designates the branch code.
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>BANK CODE OF THEBENEFICIARY BANK
MANDATORY
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Sri Lanka: http://www.cbsl.gov.lk/
Currency Guide
April 2019 | 231
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH
70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSBANK CODE OF THE
BENEFICIARY BANKX 7 DIGITS
Currency Guide
April 2019 | 232
LSL – Lesotho Loti
Overview
LSL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Lesotho.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
Currency Guide
April 2019 | 233
• Available charge options: OUR/SHA/BEN
• Central bank of Lesotho: http://www.centralbank.org.ls/home/default.php
Currency Guide
April 2019 | 234
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
Currency Guide
April 2019 | 235
M
Currency Guide
April 2019 | 236
MAD – Moroccan Dirham
Overview
MAD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Morocco.
Besides this limitation, MAD payment processing is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, the beneficiary’s physical full address is recommended.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. In particular thefollowing elements must be considered:
• the reason of payment must be clear and give a total visibility on the operation (e.g. <woodimport billing>)• it can be completed by technical references related to bills, contracts, ...• it avoid global infirmation such as < settlement invoices >, < prepayment >
Example: Payment of travel expenses – invoice n° 123456789
Ignoring these rules might lead to payment or cover rejection
It is recommended as well to provide the beneficiary’s telephone number in the remittanceinformation.
The beneficiary bank account need to have 24 digits.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL ADRESS RECOMMENDED 59<Cdtr><PstlAdr><AdrLine>
XXX
Remittance information
Currency Guide
April 2019 | 237
DATA NAME PRESENCE MT101 XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY70 <Rmtlnf><Ustrd>
TELEPHONE NUMBER OF THE BENEFICIARY RECOMMENDED
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Morocco: http://www.bkam.ma/
Currency Guide
April 2019 | 238
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSTELEPHONE
NUMBER OF THEBENEFICIARY
X
Currency Guide
April 2019 | 239
MDL – Moldovan Leu
Overview
MDL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Moldova.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory. TheIBAN format is mandatory (see Appendix VI).
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Currency Guide
April 2019 | 240
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Moldova: http://www.pbc.gov.cn/
Currency Guide
April 2019 | 241
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSTHE FULL ADDRESS OF THE
BENEFICIARY BANK(EXACTBRANCH LOCATION )
X
Currency Guide
April 2019 | 242
MGA – Malagasy Ariary
Overview
MGA is considered to be a complex restricted currency, which implies an inherent limitation tothe tradability of this currency. Fund transfers in this currency are not allowed outside ofMadagascar.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
The full name (written out in full, without initials, abbreviations or acronyms) and the physicalfull address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101TAG XML V3 TAG
IBAN FORMAT
MANDATORY 59
<CdtrAcct> <Id> <IBAN>XXXX
FULL NAMEName <Cdtr> <Nm>
XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
Currency Guide
April 2019 | 243
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Madagascar: http://www.banque-centrale.mg/index.php?id
Currency Guide
April 2019 | 244
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACT BRANCHLOCATION )
X
Currency Guide
April 2019 | 245
MKD – Macedonian Denar
Overview
MKD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside ofMacedonia.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, it is important to note that the IBAN format is alwaysrecommended (see Appendix VI).
The full name (written out in full, without initials, abbreviations or acronyms) and the physicalfull address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT RECOMMENDED
59
<CdtrAcct> <Id> <IBAN>XXXX
FULL NAME
MANDATORY
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
Currency Guide
April 2019 | 246
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Macedonia: http://www.nbrm.mk/default-en.asp
Currency Guide
April 2019 | 247
Technical Guidelines
FIELD INFORMATION MANDATORY RECOMMENDED DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONS
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMAT ISALWAYSRECOMMENDED
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME
FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LIMITED TO 35CHARACTETETTE
FULLADDRESS
X 3*35X
<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THE FIRSTOCCURRENCEOF THE XMLADDRESS LINETAGS LINE 4:POSITION 36 TO70 OF THE FIRSTOCCURRENCEOF THE XMLADDRESS LINETAGS LINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORAMTION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO 11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
THE FULLADDRESS OF THEBENEFICIARYBANK (EXACTBRANCHLOCATION )
X
Currency Guide
April 2019 | 248
MNT – Mongolian Tugrik
Overview
MNT is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Mongolia.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Currency Guide
April 2019 | 249
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Mongolia: http://www.mongolbank.mn/eng/
Currency Guide
April 2019 | 250
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACT BRANCHLOCATION )
X
Currency Guide
April 2019 | 251
MOP – Macanese Pataca
Overview
This currency is considered to be complex (multiple information to be provided and complexprocessing).
Currency Guidelines
Besides the standard information, the beneficiary’s physical full address is recommended.
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, it is recommended as well to provide the beneficiary’s telephone number in theremittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL ADRESS RECOMMENDED 59<Cdtr><PstlAdr><AdrLine>
XXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARY
Additional Information
• Available charge options: OUR/SHA/BEN
Currency Guide
April 2019 | 252
• Monetary authority of Macao: http://www.amcm.gov.mo/eIndex.htm
Currency Guide
April 2019 | 253
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSTELEPHONE NUMBER OF
THE BENEFICIARY X
Currency Guide
April 2019 | 254
MRU – Mauritanian Ouguiya
Overview
Effective 1st January 2018, MRO changed to MRU with 10 MRO = 1 MRU. Note that theouguiya (MRU) will run simultaneously with old currency code MRO until 30 June 2018.
MRU is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside ofMauritania.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
The full name (written out in full, without initials, abbreviations or acronyms) and the physicalfull address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101TAG XML V3 TAG
IBAN FORMAT
MANDATORY 59
<CdtrAcct> <Id> <IBAN>XXXX
FULL NAMEName <Cdtr> <Nm>
XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Currency Guide
April 2019 | 255
Remittance information
DATA NAME PRESENCE MT101TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Mauritania: http://www.bcm.mr/Pages/accueil.aspx
Currency Guide
April 2019 | 256
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACT BRANCHLOCATION )
X
Currency Guide
April 2019 | 257
MUR – Mauritian Rupee
Overview
The payments domain of this currency is considered to be relatively standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in MUR toward Mauritius
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
The beneficiary’s physical full address is recommended.
Moreover, it is recommended as well to provide the beneficiary’s telephone number in theremittance information.
Payments in MUR outside Mauritius
Standard information
The IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARD MAURITIUS)59
<CdtrAcct> <Id> <IBAN>XXXX
FULL ADRESSRECOMMENDED
(PAYMENTS TOWARD MAURITIUS)<Cdtr><PstlAdr><AdrLine>
XXX
Currency Guide
April 2019 | 258
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARYRECOMMENDED
(PAYMENTS TOWARD MAURITIUS)
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Mauritius: https://www.bom.mu/
Currency Guide
April 2019 | 259
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTS TOWARDMAURITIUS: IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
PAYMENTS OUTSIDEMAURITIUS: IBAN FORMAT(IF APPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO 35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSTELEPHONE NUMBER OF
THE BENEFICIARY X
Currency Guide
April 2019 | 260
MVR – Maldivian Rufiyaa
Overview
MVR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Maldives.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Currency Guide
April 2019 | 261
Additional Information
• Available charge options: OUR/SHA/BEN
• Monetary authority of Maldives: http://www.mma.gov.mv/
Currency Guide
April 2019 | 262
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULLADDRESS OF THEBENEFICIARYBANK (EXACTBRANCHLOCATION )
X
Currency Guide
April 2019 | 263
MWK – Malawian Kwacha
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in MWK toward Malawi
Standard information
Payments in MWK outside Malawi
Standard information
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Malawi: https://www.rbm.mw/
Currency Guide
April 2019 | 264
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 265
MXN – Mexican Peso
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in MXN toward and outside Mexico
Besides the standard information, it is important to note that the domestic account numberformat is the CLABE format (Clave bancaria estandarizada).
The CLABE is a unique number assigned to a bank account, this account structure is made up ofa series of eighteen numbers, where the first three digits identify the bank code, the next threedigits the branch code, followed by the eleven digits of the account number and the last digit isa digit obtained by applying an algorithm that verifies whether data contained in the CLABE iscorrect.
The CLABE can be obtained from the account holder's banking institution.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
CLABE(MEXICAN STANDARD
ACCOUNT STRUCTURE)
MANDATORY(PAYMENTS TOWARD MEXICO)
59<CdtrAcct> <Id> <Othr> <Id>
XXXXXXXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 266
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Mexico: http://www.banxico.org.mx/
Currency Guide
April 2019 | 267
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARD MEXICO:DOMESTICACCOUNTNUMBER
X
CLABEFORMAT
18 DIGITS
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
PAYMENTSOUTSIDE MEXICO:IBAN FORMAT (IFAPPLICABLE)
CLABEFORMAT
18 DIGITS
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 268
MYR – Malaysian Ringgit
Overview
MYR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Malaysia.
This currency is considered to be complex, it is possible that documentation is requested fromthe originator of the transaction (e.g. an underlying invoice).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Additional Information
Currency Guide
April 2019 | 269
• Available charge options: OUR/SHA/BEN
• Central bank of Malaysia: http://www.bnm.gov.my/
Currency Guide
April 2019 | 270
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 271
MZN – Mozambican Metical
Overview
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, even though the IBAN format is always recommended (seeAppendix VI), it is important to note that the domestic account number format (NIB - Numero deIdentificacao Bancario - twenty-one digits) can be used.
The full name (written out in full, without initials, abbreviations or acronyms) and the physicalfull address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s bank full address (exact branch location)
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT RECOMMENDED
59
<CdtrAcct> <Id> <IBAN>XXXX
FULL NAME
MANDATORY
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
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April 2019 | 272
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Mozambique: http://www.bancomoc.mz/Default_en.aspx
Currency Guide
April 2019 | 273
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMAT ISALWAYSRECOMMENDED
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULL ADDRESSOF THEBENEFICIARYBANK(EXACTBRANCH LOCATION)
Currency Guide
April 2019 | 274
N
Currency Guide
April 2019 | 275
NAD – Namibian Dollar
Overview
NAD is considered to be a tertiary currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Namibia.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s bank full address (exact branch location)
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Currency Guide
April 2019 | 276
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Namibia: https://www.bon.com.na/
Currency Guide
April 2019 | 277
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACT BRANCHLOCATION )
X
Currency Guide
April 2019 | 278
NGN – Nigerian Naira
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, the domestic account number is the NUBAN format (NigerianUniform Bank Account number – ten digits) and it is mandatory.
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101TAG XML V3 TAG
DOMESTIC ACCOUNTNUMBER
(NUBAN FORMAT)MANDATORY 59
<CdtrAcct> <Id> <Othr> <Id>XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Nigeria: http://www.cenbank.org/
Currency Guide
April 2019 | 279
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
DOMESTIC ACCOUNT NUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 280
NIO – Nicaraguan Cordoba
Overview
NIO is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside ofNicaragua.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
Currency Guide
April 2019 | 281
• Available charge options: OUR/SHA/BEN
• Central bank of Nicaragua: http://www.bcn.gob.ni/
Currency Guide
April 2019 | 282
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 283
NOK – Norwegian Krone
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in NOK toward Norway
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
Payments in NOK outside Norway
Standard informationThe IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARD NORWAY)59
<CdtrAcct> <Id> <IBAN>XXXX
Remittance information
DATA NAME PRESENCE MT101TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 284
Additional Information
• Available charge options: OUR/SHA/BENIn principle, for payments subject to the Payment Services Directive (PSD) and without currencyconversion, only shared charges are allowed.
• Central bank of Norway: http://www.norges-bank.no/en/
Currency Guide
April 2019 | 285
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARD NORWAY:IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
PAYMENTSOUTSIDE NORWAY:IBAN FORMAT (IFAPPLICABLE
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 286
NPR – Nepalese Rupee
Overview
NPR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Nepal.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
It is important to note that payments to Nepalese nationals can be done only in NPR.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101TAG XML V3 TAG
Currency Guide
April 2019 | 287
DATA NAME PRESENCE MT101TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Nepal: http://www.nrb.org.np/
Currency Guide
April 2019 | 288
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULLADDRESS OF THEBENEFICIARYBANK (EXACTBRANCHLOCATION )
X
Currency Guide
April 2019 | 289
NZD – New Zealand Dollar
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
All AUD (FCY) funds transfer payments to a beneficiary bank in New Zealand must contain theremitter’s account number, full name and address (including the country) in the ordering partyinformation field.
Payments in NZD toward New Zealand
Beside the standard information, it is important to note that the IBAN format is not in use inNew Zealand.
The BSB code is mandatory in order to enable the correct routing of the payment in thedomestic clearing.
A BSB code (Bank State Branch) allows to identify a bank. It is a six digits code which identifythe financial institution (two first digits), the State (third digit) and the branch code (last threedigits).
Example of BSB code: 123113
In certain cases, the BSB code could be included within the domestic account number. Pleaseask your beneficiary to indicate separately the BSB code and the domestic account number.
Payments in NZD outside New Zealand
Standard information
Currency Guide
April 2019 | 290
Payment Formatting
Information of the beneficiary bank
DATA NAME PRESENCE MT101 TAG XML V3 TAG
CC CODE&
BIC CODE
MANDATORY(PAYMENTS TOWARD NEW ZEALAND)
57A
<CdtrAgt> <FinInstnId><BIC> XXXXX
<ClrSysMmbId> <MmbId>XXXXXXXX
Remittance information
DATA NAME PRESENCE MT101TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of New Zealand: http://www.rbnz.govt.nz/
Currency Guide
April 2019 | 291
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNT NUMBER
PAYMENTSTOWARD NEWZEALAND:DOMESTICACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
PAYMENTSOUTSIDE NEWZEALAND: IBANFORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO
35CHARACTERS
FULL ADDRESS X 3*35X
<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCH IDENTIFIERINCLUDED, IFPROVIDED)
PAYMENTSTOWARD NEWZEALAND: BSBCODE&BIC CODE (BRANCHIDENTIFIERINCLUDED, IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3DIGITS)
//NZ+ 6DIGITSBIC CODE: 8OR 11 DIGIT
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11
CHARACTERS
REMITTANCE INFORMATION
PAYMENT MESSAGE
DETAILED REASONOF PAYMENT
(REASON/PURPOSEOF PAYMENT)
XFREE
MESSAGEENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS
140CHARACTERS
Currency Guide
April 2019 | 292
O
Currency Guide
April 2019 | 293
OMR – Omani Rial
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
This currency accepts three decimal places.
Payments in OMR toward Oman
Besides the standard information, the beneficiary’s physical full address is recommended.
It is recommended as well to provide the beneficiary’s telephone number in the remittanceinformation.
Payments in OMR outside Oman
Standard information
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL ADRESSRECOMMENDED
(PAYMENTS TOWARD OMAN)59
<Cdtr><PstlAdr><AdrLine>XXX
Remittance information
Currency Guide
April 2019 | 294
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT RECOMMENDED
(PAYMENTS TOWARD OMAN)70 <Rmtlnf><Ustrd>
TELEPHONE NUMBER OFTHE BENEFICIARY
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Oman: http://www.cbo-oman.org/
Currency Guide
April 2019 | 295
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSTELEPHONE NUMBER OF THE
BENEFICIARYX
Currency Guide
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P
Currency Guide
April 2019 | 297
PEN – Peruvian Sol
Overview
PEN is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Peru.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the beneficiary’s physical full address is mandatory.
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, the beneficiary’s tax ID is mandatory in the remittance information:
• When the beneficiary is an individual with a Peruvian DNI TAX ID (Documento Nacional DeIndentidad – 8 digits), the details should be provided for example as follows: DNI 12345678
• When the beneficiary is a company with a Peruvian RUC TAX ID (Registro Unico deContribuyente – 11 digits), the details should be provided for example as follows: RUC12345678901
• When the beneficiary is a non Peruvian tax resident or company (without DNI or RUC), thebeneficiary’s Tax ID from the country where they are registered for tax should be providedfor example as follows: TAX ID 123456789012345.
Moreover, it is recommended to add the beneficiary’s telephone number.
Payment Formatting
Information of the beneficiary
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DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL ADRESS RECOMMENDED 59<Cdtr><PstlAdr><AdrLine>
XXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>BENEFICIARY TAX ID MANDATORY
TELEPHONE NUMBER OFTHE BENEFICIARY
RECOMMENDED
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Peru: http://www.bcrp.gob.pe/home.html
Currency Guide
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREE MESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
TELEPHONE NUMBER OF THEBENEFICIARY
X
BENEFICIARY TAX ID X
INDIVIDUAL'SDNI TAX ID(DOCUMENTONACIONAL DEINDENTIDAD) OR COMPANY'S RUCTAX ID(REGISTROUNICO DECONTRIBUYENTE) OR NON PERUVIANTAX RESIDENTOR COMPANY'STAX ID FROMTHE COUNTRYWHERE THEYARE REGISTEREDFOR TAX
Currency Guide
April 2019 | 300
PGK – Papua New Guinea Kina
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in PGK toward Papua New Guinea
Standard information
Payments in PGK outside Papua New Guinea
Standard information
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
Currency Guide
April 2019 | 301
• Central bank of Papua New Guinea: http://www.bankpng.gov.pg/
Currency Guide
April 2019 | 302
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 303
PHP – Philippine Peso
Overview
PHP is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside ofPhilippines.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
It is recommended to provide the beneficiary’s telephone number in the remittanceinformation.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr><PstlAdr><AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARY
Currency Guide
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Additional Information
• Available charge options: OUR/SHA/BEN
• Central Bank of Philippines: http://www.bsp.gov.ph/
Currency Guide
April 2019 | 305
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
TELEPHONENUMBER OF THEBENEFICIARY
XTHE FULL NAMEAND ADDRESS OFTHE BENEFICIARYBANK (EXACTBRANCHLOCATION)
X
Currency Guide
April 2019 | 306
PKR – Pakistani Rupee
Overview
PKR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Pakistan.
The payment processing of this currency is considered to be complex, due to the large amountof information that needs to be provided in the payment instructions.
Besides the inherent complexity of payment formatting, the beneficiaries might be contacted bythe beneficiary/correspondent bank and requested to complete a document (e.g. Form R) torelease the funds.
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s account name in the beneficiary information field
• The beneficiary’s complete address in the beneficiary information / address field
• The beneficiary’s bank full name in the sender to receiver field
• The beneficiary’s bank full address (exact branch location) in the sender to receiver field
• The beneficiary’s telephone number. The beneficiary's phone number must be pre-fixedwith 'Phone #'
Example: Phone # +922111111111.
• The beneficiary's identification number in the remittance information field, based on thebelow table:
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April 2019 | 307
Beneficiary typeRequired Information in the Remittance information field
(field 70 line 2)Example
INDIVIDUALCNIC or SNIC (Computerized National Identity Card/
Smart National Identity Card Number)'CNIC 1111145561111' or 'SNIC
1111145561111'
CORPORATE NTN (National Tax Number) 'NTN 0003456-2'
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
IBAN FORMAT MANDATORY
59
<CdtrAcct> <Id> <IBAN>XXXX
BENEFICIARY FULL ADRESS MANDATORY<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>
FULL NAME AND FULLADDRESS (EXACT BRANCK
LOCATION) OF THEBENEFICIARY BANK
MANDATORY
TELEPHONE NUMBER OFTHE BENEFICIARY
MANDATORY
Additional Information
• Available charge options: OUR/SHA/BEN
• It is important to note that the beneficiary needs to complete an Inward remittance formindicating the purpose of remittance. This form can be found on the State Bank of Pakistan(central bank of Pakistan) website. For this reason, the beneficiary’s number phone is important.
• Additional documentation may be required in order to comply with the country’s exchangecontrol.
• Central bank of Pakistan: http://www.sbp.org.pk/
Currency Guide
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMAT MANDATORY X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
TELEPHONE NUMBER OF THEBENEFICIARY
X
FREEMESSAGE
THEBENEFICIARY'S
PHONENUMBER
MUST BE PRE-FIXED WITH'PHONE #' -
FOR EXAMPLE:PHONE #
+922111111111
70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULL NAME ANDADDRESS OF THEBENEFICIARY BANK (EXACTBRANCH LOCATION )
X ENGLISH
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
X
Currency Guide
April 2019 | 309
PLN – Polish Zloty
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in PLN toward Poland
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
Payments in PLN outside Poland
Standard information
The IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARD POLAND)59
<CdtrAcct> <Id> <IBAN>XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 310
Additional Information
• Available charge options: OUR/SHA/BEN
In principle, for payments subject to the Payment Services Directive (PSD) and without currencyconversion, only shared charges are allowed.
• Central bank of Poland: http://www.nbp.pl/homen.aspx?f=/srodeken.htm
Currency Guide
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTS TOWARDPOLAND: IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
PAYMENTS OUTSIDEPOLAND: IBAN FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 312
PYG – Paraguayan Guarani
Overview
PYG is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Paraguay.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing). The beneficiaries might be contacted by thebeneficiary/correspondent bank to release the funds.
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the beneficiary tax/ national ID number of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
This currency does not have any decimal places.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
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DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN
• It is important to note that the beneficiary’s account must be PYG denominated. Thebeneficiary may be contacted for proper identification.
• Central bank of Paraguay: https://www.bcp.gov.py/
Currency Guide
April 2019 | 314
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME
FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
TAX ID/NATIONALIDNUMBER
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULLADDRESS OFTHEBENEFICIARYBANK (EXACTBRANCHLOCATION )
X
Currency Guide
April 2019 | 315
Q
Currency Guide
April 2019 | 316
QAR – Qatari Riyal
Overview
The payment processing of this currency is considered to be relatively standardised.
Note for domestic QAR payments , the payment purpose code (see Appendix XIII)is mandatory and has to be added to the reason of payment. The purpose of payment codeconsists of a 4 character code that must be specified in Field 70.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in QAR toward Qatar
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
The beneficiary’s physical full address is recommended.
Payments in QAR outside Qatar
Standard informationThe IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101TAG XML V3 TAG
IBAN FORMAT )MANDATORY
(PAYMENTS TOWARD QATAR) 59
<CdtrAcct> <Id> <IBAN>XXXX
FULL NAMEName <Cdtr><Nm>
XXXX
FULL ADRESSRECOMMENDED
(PAYMENTS TOWARD QATAR)<Cdtr><PstlAdr><AdrLine>
XXXX
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Remittance information
DATA NAME PRESENCE MT101TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARYRECOMMENDED
(PAYMENTS TOWARD QATAR)
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Qatar: http://www.qcb.gov.qa
Currency Guide
April 2019 | 318
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTS TOWARD QATAR:IBAN FORMAT MANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
PAYMENTS OUTSIDE QATAR:IBAN FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSTELEPHONE NUMBER OF
THE BENEFICIARY X
Currency Guide
April 2019 | 319
R
Currency Guide
April 2019 | 320
RON – Romanian Leu
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in RON toward Romania
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
In case of tax payments, additional information is needed, as the beneficiary’s fiscal code. Taxpayments might require other informations. Please contact your Account Manager.
Payments in RON outside Romania
Standard information
The IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARD ROMANIA)59
<CdtrAcct> <Id> <IBAN>XXXX
Remittance information
Currency Guide
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DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>
BENEFICIARY FISCAL CODEMANDATORY
(IN CASE OF TAX PAYMENTS)
Additional Information
• Available charge options: OUR/SHA/BEN
In principle, for payments subject to the Payment Services Directive (PSD) and without currencyconversion, only shared charges are allowed.
• Central bank of Romania: http://www.bnro.ro/National-Bank-of-Romania-1144.aspx
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTS TOWARDROMANIA: IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
PAYMENTS OUTSIDEROMANIA: IBAN FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH
70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSIN CASE OF TAX PAYMENTS
TOWARD ROMANIA X
BENEFICIARYFISCALTAXCODE
Currency Guide
April 2019 | 323
RSD – Serbian Dinar
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Beside the standard information, the IBAN format is mandatory (see Appendix VI).
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, a purpose of payment code (see Appendix IX) is required by the local authorities.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT MANDATORY 59<CdtrAcct> <Id> <IBAN>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>PURPOSE OF
PAYMENT CODEMANDATORY
Additional Information
• Available charge options: OUR/SHA/BEN
• The purpose of payment code is mandatory and required by the central bank for all payments
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April 2019 | 324
toward Serbia (regardless of the currency).
• Central bank of Serbia: http://www.nbs.rs/internet/english/
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Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMAT MANDATORY X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSPURPOSE OF PAYMENT CODE X
Currency Guide
April 2019 | 326
RUB – Russian Ruble
Overview
The payment processing of this currency is considered to be complex, mainly due to the variouselements of information that need to be added.
Currency Guidelines
Russian authorities use a dedicated five digit purpose of payment code to describe the reason ofpayment. This code is known as a VO code (see Appendix II), it is mandatory and has to beadded to the reason of payment.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example of a “VO Code” and “reason of payment”: VO20100 RENT MID-AUGUST / MID-SEPTEMBER 2014
Moreover, it is strongly recommended to indicate the amount of VAT if any, or add the mention“without VAT” into the remittance information.
Payments in RUB toward Russia
Beside the standard information, the domestic account number (twenty-digit account number),full name (written out in full, without abbreviations or acronyms), full address and tax ID (INNor KIO code) of the beneficiary are mandatory.
The Russian Tax ID is the INN code (a unique taxpayer code). If the beneficiary is a Russianresident or non-resident who pays taxes in Russia, then they have an INN code; otherwise theyhave a KIO code (tax ID for foreign legal entities in Russia). The tax ID can be:
INN + 12 digits for an individual paying taxes in RussiaINN + 10 digits for a legal entity paying taxes in RussiaKIO + 5 digits for foreign entities not paying taxes in RussiaINN 0 (in case beneficiary doesn’t have Tax ID or to specify “No Tax ID”).
Example of INN code: INN123456789012
In case of tax payments, the KPP code (nine-digit code) must be added beside to the INN or KIO
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April 2019 | 327
code. The KPP describes a tax payment reason.
Example of INN code & KPP code: INN123456789012, KPP 123456789
The KPP code is always needed for tax payments however these payments can require moreinformation. Please contact your Account Manager.
The BIK code (Russian bank identifier sort code - nine digits code) and the beneficiary bank’scorrespondent account number with the Central Bank of Russia (twenty digits) are mandatoryand should be added to the remittance information.
Example of BIK Code (the first nine digits) and the beneficiary bank’s correspondent accountnumber with the Central Bank of Russia (the last twenty digits after the BIK code):044525716.30101810100000000716.
Payments in RUB outside Russia
Beside the standard information, the full name (written out in full, without abbreviations oracronyms), full address and tax ID of the beneficiary are mandatory.
The beneficiary bank’s correspondent account number with the Central Bank of Russia isrecommended.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
DOMESTIC ACCOUNT NUMBER(RUSSIAN FORMAT)
MANDATORY(PAYMENTS TOWARD RUSSIA)
59
<CdtrAcct> <Id> <Othr> <Id>XXX
FULL NAME
MANDATORYFULL ADRESSName <Cdtr> <Nm>
XXXX
BENEFICIARY TAX ID
<Cdtr> <PstlAdr> <AdrLine>XXXXKPP CODE
MANDATORY(IN CASE OF TAX PAYMENTS
TOWARD RUSSIA)
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
PURPOSE OF PAYMENT CODE(VO CODE)
MANDATORY
70 <Rmtlnf><Ustrd>
REASON / PURPOSE OFPAYMENT
BIK CODE
MANDATORY(PAYMENTS TOWARD RUSSIA)
BENEFICIARY BANKCORRESPONDENT NUMBER
WITH THE RUSSIANCENTRAL BANK
VAT AMOUNT RECOMMENDED
Additional Information
• Available charge options: OUR
Currency Guide
April 2019 | 328
• Central bank of Russia: http://www.cbr.ru/eng/
• Federal Tax Service of the Russian Federation: http://eng.nalog.ru/
Currency Guide
April 2019 | 329
Technical Guidelines
FIELD INFORMATION MANDATORY RECOMMENDED DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONS
OPTION 1: INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTS TOWARDRUSSIA: DOMESTICACCOUNT NUMBER
X
20 DIGITS
59F
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
PAYMENTS OUTSIDERUSSIA:IBANFORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULL NAME FULL LEGAL NAME X 1/ 1*33XNAME<CDTR><NM>XXX</NM>
LIMITED TO 35CHARACTETETTE
FULLADDRESS
STREET + NUMBER +POSTAL CODE + CITY
X 2/
3*33X
<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THE FIRSTOCCURRENCEOF THE XMLADDRESS LINETAGS LINE 4:POSITION 36 TO70 OF THE FIRSTOCCURRENCEOF THE XMLADDRESS LINETAGS LINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
OTHERINFORMATION
BENEFICIARY TAX ID X
RUSSIAN OROTHER TAX ID(SIREN, VTA, …)IF RUSSIAN TAXID: INN CODEOR KIO CODE
IF RUSSIANTAX ID:INN + 0INN + 12DIGITSINN + 10DIGITSKIO + 5DIGITS
2/
IN CASE OF TAXPAYMENTSTOWARDRUSSIA: + KPPCODE
IF RUSSIANTAX ID:INN + 0INN + 12DIGITSINN + 10DIGITSKIO + 5DIGITS + KPP(9 DIGITS)
COUNTRY NAME +TOWN NAME
X 3/
OPTION 2: INFORMATION OF THE BENEFICIARY (XML EQUAL TO OPTION 1)
ACCOUNTNUMBER
PAYMENTS TOWARDRUSSIA: DOMESTICACCOUNT NUMBER
X
20 DIGITS
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
PAYMENTS OUTSIDERUSSIA:IBANFORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULL NAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LIMITED TO 35CHARACTETETTE
FULLADDRESS
X
3*35X
<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THE FIRSTOCCURRENCEOF THE XMLADDRESS LINETAGS LINE 4:POSITION 36 TO70 OF THE FIRSTOCCURRENCEOF THE XMLADDRESS LINETAGS LINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
OTHERINFORMATION
BENEFICIARY TAX ID X
RUSSIAN OROTHER TAX ID(SIREN, VTA, …)IF RUSSIAN TAXID: INN CODEOR KIO CODE
IFRUSSIANTAXID:INN + 0INN + 12DIGITSINN + 10DIGITSKIO + 5DIGITS
IN CASE OF TAXPAYMENTS TOWARDRUSSIA
X KPP CODE 9 DIGITS
INFORMATION OF THE BENEFICIARY BANK
Currency Guide
April 2019 | 330
FIELD INFORMATION MANDATORY RECOMMENDED DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONS
BICCODE(BRANCHIDENTIFIERINCLUDED, IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER: 3DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO 11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
PURPOSE OFPAYMENT CODE
X VO CODEVO + 5DIGITS
70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X FREE MESSAGE ENGLISH
PAYMENTS TOWARDRUSSIA: BIK CODE
X RUSSIAN BANKIDENTIFICATIONCODE
RU+9DIGITS
PAYMENTS TOWARDRUSSIA:BENEFICIARY BANK’SCORRESPONENTACCOUNT NUMBERWITH THERUSSIANCENTRALBANK
X 20 DIGITS
VAT AMOUNT IFANY: MENTION THEVATAMOUNTOTHERWISEMENTION: “WITHOUTVAT”
X FREE MESSAGE ENGLISH
Currency Guide
April 2019 | 331
RWF – Rwandan Franc
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, the beneficiary’s physical full address is recommended.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s bank full address (exact branch location)
Moreover, it is recommended to add:
• The beneficiary’s telephone number
This currency does not have any decimal places.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL ADRESS RECOMMENDED 59<Cdtr><PstlAdr><AdrLine>
XXX
Remittance information
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DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACT
BRANCH LOCATION) OF THEBENEFICIARY BANK
TELEPHONE NUMBER OFTHE BENEFICIARY
RECOMMENDED
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Rwanda: https://www.bnr.rw/
Currency Guide
April 2019 | 333
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH
70
4*35X
<RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
TELEPHONENUMBER OF THEBENEFICIARY
X
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACT BRANCHLOCATION )
X
Currency Guide
April 2019 | 334
S
Currency Guide
April 2019 | 335
SAR – Saudi Arabian Riyal
Overview
The payment processing of this currency is considered to be relatively standardised.
Note for all domestic SAR payments and international payments (in foreign currency) issuedfrom Saudi Arabia, the purpose of payment code (see Appendix XII) is mandatory and has to beadded to the reason of payment. The purpose of payment code consists of a 4 character codethat must be specified in Field 70.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in SAR toward Saudi Arabia
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
Payments in SAR outside Saudi Arabia
Standard informationThe IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARD SAUDIARABIA)
59<CdtrAcct> <Id> <IBAN>
XXXX
Remittance information
Currency Guide
April 2019 | 336
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Saudi Arabia: http://www.sama.gov.sa/sites/samaen/Pages/Home.aspx
Currency Guide
April 2019 | 337
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARDSAUDIARABIA:IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34XPAYMENTSOUTSIDE SAUDIARABIA: IBANFORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO
35CHARACTERS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11
CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
PURPOSE OFPAYMENT CODE
X 4
CHARACTERS
70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
DETAILED REASONOF PAYMENT
(REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH
Currency Guide
April 2019 | 338
SBD – Solomon Islands Dollar
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Beside the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information.
For example: providing an invoice number without guiding text is considered as insufficient andcan result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Solomon Islands: http://www.cbsi.com.sb/
Currency Guide
April 2019 | 339
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 340
SCR – Seychellois Rupee
Overview
SCR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside ofSeychelles.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Currency Guide
April 2019 | 341
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Seychelles: http://www.cbs.sc/
Currency Guide
April 2019 | 342
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACT BRANCHLOCATION )
X
Currency Guide
April 2019 | 343
SEK – Swedish Krona
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in SEK toward Sweden
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
Payments in SEK outside Sweden
Standard informationThe IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARD SWEDEN)59
<CdtrAcct> <Id> <IBAN>XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 344
Additional Information
• Available charge options: OUR/SHA/BENIn principle, for payments subject to the Payment Services Directive (PSD) and without currencyconversion, only shared charges are allowed.
• Central bank of Sweden: http://www.riksbank.se/en/
Currency Guide
April 2019 | 345
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 346
SGD – Singapore Dollar
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) of the beneficiary is recommended.
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in SGD toward Singapore
Besides the standard information, it is important to note that the IBAN format is not in use inSingapore.
Payments in SGD outside Singapore
Standard information
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME RECOMMENDED 59Name <Cdtr> <Nm>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 347
Additional Information
• Available charge options: OUR/SHA/BEN
• Central Bank of Singapore: http://www.mas.gov.sg/
Currency Guide
April 2019 | 348
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTSTOWARDSINGAPORE:DOMESTICACCOUNT NUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
PAYMENTSOUTSIDESINGAPORE: IBANFORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 349
SLL – Sierra Leonean Leone
Overview
SLL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of SierraLeone.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADDRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
Currency Guide
April 2019 | 350
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE
BENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Sierra Leone: http://www.bsl.gov.sl/
Currency Guide
April 2019 | 351
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACT BRANCHLOCATION )
X
Currency Guide
April 2019 | 352
SRD – Surinamese Dollar
Overview
SRD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Suriname.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
Currency Guide
April 2019 | 353
• Available charge options: OUR/SHA/BEN
• Central bank of Suriname: http://www.cbvs.sr/
Currency Guide
April 2019 | 354
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 355
STN – São Tomé And Príncipe Dobra
Overview
Effective 1st January 2018, STD currency changed to STN with 1000 STD = 1 STN. Note thatthe Dobra (STN) will run simultaneously with old currency code Dobra (STD) until 30 June2018.
STN is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of São Toméand Príncipe.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s bank full address (exact branch location)
• The beneficiary’s telephone number
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Currency Guide
April 2019 | 356
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Sao Tome and Principe: http://www.bcstp.st/
Currency Guide
April 2019 | 357
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 358
SZL – Swazi Lilangeni
Overview
SZL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency cannot be sent outside of Swaziland.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.Please note the beneficiary address on the payment instruction has to contain a real physicaladdress and must not have PO boxes. Payments containing a PO box address in the beneficiaryaddress field will be rejected.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME
MANDATORY) 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 359
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Swaziland: http://www.centralbank.org.sz/
Currency Guide
April 2019 | 360
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 361
T
Currency Guide
April 2019 | 362
THB – Thai Baht
Overview
The payment processing of this currency is considered to be relatively standardised. However,in order to comply with the country’s exchange control regulations, the beneficiary’s bank (forpayments toward Thailand) should contact the beneficiary in order to obtain justificationdocuments (e.g. invoices).
Currency Guidelines
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:provdiing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in THB toward Thailand
Besides the standard information, the beneficiary’s physical full address is recommended.
Please note that a purpose of payment code (see Appendix V) is recommended and has to beadded to the reason of payment.
It is recommended as well to provide the beneficiary’s telephone number in the remittanceinformation.
Payments in THB outside Thailand
Standard information
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL ADRESSRECOMMENDED
(PAYMENTS TOWARDTHAILAND)
59<Cdtr> <PstlAdr> <AdrLine>
XXXX
Currency Guide
April 2019 | 363
Remittance information
DATA NAME PRESENCE MT10 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>PURPOSE OF
PAYMENT CODE
RECOMMENDED(PAYMENTS TOWARD
THAILAND)
TELEPHONE NUMBER OFTHE BENEFICIARY
RECOMMENDED(PAYMENTS TOWARD
THAILAND)
Additional Information
• Available charge options: OUR (fees depend on beneficiary) /SHA/BEN
• Central bank of Thailand: https://www.bot.or.th/
Currency Guide
April 2019 | 364
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
PURPOSE OFPAYMENT CODE
X
ELEPHONENUMBER OF THEBENEFICIARY
X
Currency Guide
April 2019 | 365
TND – Tunisian Dinar
Overview
TND is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Tunisia.
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI). Thebeneficiary’s physical full address is recommended.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example,providing and invoice number without guiding text is considered as insufficient and can result inerrors or delays. .
Example: Payment of travel expenses – invoice n° 123456789
It is recommended as well to provide the beneficiary’s telephone number in the remittanceinformation.This currency accepts three decimal places.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT MANDATORY
59
<CdtrAcct> <Id> <IBAN>XXXX
FULL ADRESS RECOMMENDED<Cdtr><PstlAdr><AdrLine>
XXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARYRECOMMENDED
Currency Guide
April 2019 | 366
Additional Information
• Available charge options: OUR/SHA/BEN
• Central Bank of Tunisia: http://www.bct.gov.tn/bct/siteprod/index.jsp
Currency Guide
April 2019 | 367
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
BAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSTELEPHONE
NUMBER OF THEBENEFICIARY
X
Currency Guide
April 2019 | 368
TOP – Tongan Pa’anga
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Beside the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information.
For example: providing an invoice number without guiding text is considered as insufficient andcan result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Tonga: http://www.reservebank.to/
Currency Guide
April 2019 | 369
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 370
TRY – Turkish Lira
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in TRY toward Turkey
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
Payments in TRY outside Turkey
Standard informationThe IBAN format is mandatory (see Appendix VI).
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMATMANDATORY
(PAYMENTS TOWARD TURKEY)59
<CdtrAcct> <Id> <IBAN>XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 371
Additional Information
• Available charge options: OUR/SHA/BEN
• Central Bank of Turkey: http://www.tcmb.gov.tr/wps/wcm/connect/tcmb+en/tcmb+en
Currency Guide
April 2019 | 372
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTS TOWARDTURKEY:IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
PAYMENTS OUTSIDETURKEY: IBAN FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 373
TTD – Trinidad And Tobago Dollar
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Beside the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information.
For example: providing an invoice number without guiding text is considered as insufficient andcan result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Trinidad and Tobago: http://www.central-bank.org.tt/
Currency Guide
April 2019 | 374
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 375
TWD – New Taiwan Dollar
Overview
TWD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Taiwan.
Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).
Currency Guidelines
Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
It is recommended to provide the beneficiary’s telephone number in the remittanceinformation.
This currency does not have any decimal places.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 XML V3 TAG
FULL NAME
MANDATORY 59
Name <Cdtr> <Nm>XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARYRECOMMENDED
Currency Guide
April 2019 | 376
Additional Information
• Available charge options: OUR/SHA/BEN
• Additional information:
According to the central bank: “Since July 1987, the CBC has actively deregulated the foreignexchange controls on capital movements. Currently, capital movements are completelyliberalised.
1. Cash flows not involving the conversion of New Taiwan dollars are completely liberalised.
2. Cash flows involving the conversion of New Taiwan dollars:
A. Inward and outward remittances related to foreign trades in goods are completelyliberalised.
B. Inward and outward remittances related to services are completely liberalised.
C. Direct investments and portfolio investments approved by the competentauthorities are also completely liberalised.
D. Other regulations:
- Total annual remittance not exceeding USD 5 million by a natural person, andtotal annual remittance not exceeding USD 50 million by a juridical person mayproceed directly through authorised banks. Total remittance exceeding the saidamounts requires CBC’ prior approval.
- A single remittance not exceeding USD 100,000 by a non-resident mayproceed directly through authorised banks. Otherwise CBC’ prior approval isrequired.
3. In short, there are effectively no foreign exchange restrictions in Taiwan now.”
For more information, please see the exchange control regulations in Taiwan:http://www.cbc.gov.tw/ct.asp?xItem=857&CtNode=481&mp=2
• Central bank of Taiwan: http://www.cbc.gov.tw/mp2.html
Currency Guide
April 2019 | 377
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSTELEPHONE NUMBER OF THE
BENEFICIARY X
Currency Guide
April 2019 | 378
TZS – Tanzanian Shilling
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Besides the standard information, a clear reason / purpose of payment is mandatory andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Tanzania: https://www.bot-tz.org/
Currency Guide
April 2019 | 379
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 380
U
Currency Guide
April 2019 | 381
UGX – Ugandan Shilling
Overview
This currency is considered to be complex (multiple information to be provided and complexprocessing).
Currency Guidelines
Besides the standard information, the beneficiary’s full name is mandatory.
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Additionally, it is mandatory to provide in the remittance information:
• The beneficiary’s bank and branch full name
• The beneficiary’s bank full address (exact branch location)
• For tax payments, a payment registration number, known as PRN, is required.
This currency does not have any decimal places.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL NAME MANDATORY 59Name <Cdtr> <Nm>
XXXX
Remittance information
Currency Guide
April 2019 | 382
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>FULL NAME & FULL ADDRESS(EXACT BRANCH LOCATION)OF THE BENEFICIARY BANK
MANDATORY
PAYMENT REGISTRATIONNUMBER
MANDATORY(IN CASE OF TAX PAYMENTS)
Additional Information
• Available charge options: OUR/SHA/BEN
• Central Bank of Uganda: https://www.bou.or.ug/bou/home.html
Currency Guide
April 2019 | 383
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
BIC CODE (BRANCHIDENTIFIER INCLUDED, IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH
70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
PAYMENT REGISTRATIONNUMBER
X PRN 13 DIGITS
THE FULL NAME ANDADDRESS OF THEBENEFICIARY BANK (EXACTBRANCH LOCATION )
X FREEMESSAGE
ENGLISH
Currency Guide
April 2019 | 384
USD – U.S. Dollar
Overview
The payment processing of this currency is considered to be highly standardised.
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in USD toward the USA
Besides the standard information, it is important to note that the IBAN format is not in use inUSA.
In order to enable the correct routing of the payment in the domestic clearing, either theFedwire code (also known as ABA code) or BIC code (branch identifier included, if provided) ismandatory.
In certain cases, the Fedwire code could be included within the domestic account number.Please ask your beneficiary to indicate separately this code and the domestic account number.
Example of a Fedwire code: 113011258
Payments in USD outside the USA
Standard information
Payment Formatting
Information of the beneficiary bank
Currency Guide
April 2019 | 385
DATA NAME PRESENCE MT101 TAG XML V3 TAG
OPTION 1
FEDWIRE CODE&
BIC CODE
MANDATORY(PAYMENTS TOWARD THE USA)
57A
<CdtrAgt><FinInstnld><BIC> XXXX
<ClrSysMmbld><Mmbld>XXXX
OPTION 2
BIC CODE MANDATORY 57A<CdtrAgt><FinInstnld>
<BIC> XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR (fees depend on beneficiary)/SHA/BEN
• Central bank of the United States of America:http://www.federalreserve.gov/faqs/about_12594.htm
Currency Guide
April 2019 | 386
Technical Guidelines
FIELD INFORMATION MANDATORY RECOMMENDED DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONS
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
PAYMENTS TOWARD THEUSA: DOMESTIC ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
LINE1 : /34X
PAYMENTS OUTSIDE THEUSA: IBAN FORMAT (IFAPPLICABLE)
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
FULLNAME
X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2: LIMITEDTO 35CHARACTETETTE
FULLADDRESS
X 3*35X
<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>
LINE 3:POSITION 1 TO35 OF THE FIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36 TO70 OF THE FIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS
INFORMATION OF THE BENEFICIARY BANK
CLEARINGCODE(COUNTRYCODE)
PAYMENTS TOWARD THEUSA:OPTION 1:FEDWIRE CODE&BIC CODE (BRANCHIDENTIFIER INCLUDED, IFPROVIDED)
X
FEDWIRECODE: 9DIGITSBIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
//FW + 9DIGITS BICCODE: 8 OR11 DIGITS
57A1*33X 8 OR11
<CDTRAGT><FININSTNID><BIC>XXXXXXX</BIC><CLRSYSMMBID><MMBID>XXXXX</MMBID></CLRSYSMMBID></FININSTNID></CDTRAGT>
<BIC> LIMITEDTO 11CHARACTERS<MMBID>LIMITED TO 24CHARACTERS
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
OPTION 2:BIC CODE
X
BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO 11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS
Currency Guide
April 2019 | 387
UYU – Uruguayan Peso
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Beside the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information.
For example: providing an invoice number without guiding text is considered as insufficient andcan result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Uruguay: http://www.bcu.gub.uy/Paginas/Default.aspx
Currency Guide
April 2019 | 388
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 389
V
Currency Guide
April 2019 | 390
VND – Vietnamese Dong
Overview
This currency is considered to be restricted, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Vietnam.
Currency Guidelines
Besides the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
In case of tax payments: the tax code, tax chapter and item number are mandatory and shouldbe added to the remittance information.
This currency does not have any decimal places.
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>TAX CODE/CHAPTER AND
ITEM NUMBERMANDATORY
(IN CASE OF TAX PAYMENTS)
Additional Information
• Available charge options: OUR/SHA/BEN
• A lot of beneficiaries hold a USD account locally (common practice in Vietnam). Please ensurethat the beneficiary’s account number given by the customer is a VND account and not a USDaccount.
Currency Guide
April 2019 | 391
• Central bank of Vietnam: http://www.sbv.gov.vn/
Currency Guide
April 2019 | 392
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSIN CASE OF TAX PAYMENTS X
TAX CODE/CHAPTERAND ITEMNUMBER
Currency Guide
April 2019 | 393
VUV – Vanuatu Vatu
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Beside the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information.
For example: providing an invoice number without guiding text is considered as insufficient andcan result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
This currency does not have any decimal places.
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Vanuatu: http://www.rbv.gov.vu/
Currency Guide
April 2019 | 394
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 395
W
Currency Guide
April 2019 | 396
WST – Samoan Tala
Overview
The payment processing of this currency is considered to be relatively standardised.
Currency Guidelines
Beside the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information.
For example: providing an invoice number without guiding text is considered as insufficient andcan result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED 70 <Rmtlnf><Ustrd>
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Samoa: http://www.cbs.gov.ws/
Currency Guide
April 2019 | 397
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 398
X
Currency Guide
April 2019 | 399
XAF – Central African CFA Franc
Overview
Concerned countries: Cameroon, Central African Republic, Chad, Equatorial Guinea, Gabon andRepublic of the Congo.
XAF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency: fund transfers in this currency are not allowed outside of CentralAfrican States.
Currency Guidelines
Besides the standard information, it is important to note that the IBAN format is alwaysrecommended.
The beneficiary’s physical full address is mandatory in the beneficiary address field. Paymentsissued without this information will be rejected.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
It is recommended to provide the beneficiary’s telephone number in the remittanceinformation.
This currency does not have any decimal places.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT
RECOMMENDED 59
<CdtrAcct> <Id> <IBAN>XXXX
FULL ADRESS<Cdtr><PstlAdr><AdrLine>
XXX
Remittance information
Currency Guide
April 2019 | 400
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARYRECOMMENDED
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Central Africa States: https://www.beac.int/index.php/accueil
Currency Guide
April 2019 | 401
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH
70
4*35X
<RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
TELEPHONENUMBER OF THEBENEFICIARY
X
Currency Guide
April 2019 | 402
XCD – East Caribbean Dollar
Overview
Concerned countries: Anguilla, Antigua & Barbuda, Dominica, Grenada, Montserrat, Saint Kitts& Nevis, Saint Lucia and Saint Vincent & Grenadines.
XCD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in XCD are not allowed outside of the EasternCaribbean.
Currency Guidelines
Besides the standard information, the IBAN format, the full name (written out in full, withoutinitials, abbreviations or acronyms) and the physical full address of the beneficiary aremandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
It is recommended as well to provide the beneficiary’s telephone number in the remittanceinformation.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT
MANDATORY
59
<CdtrAcct> <Id> <IBAN>XXXX
FULL NAMEName <Cdtr> <Nm>
XXXX
FULL ADRESS<Cdtr><PstlAdr><AdrLine>
XXX
Remittance information
Currency Guide
April 2019 | 403
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARYMANDATORY
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Eastern Caribbean: http://www.eccb-centralbank.org/
Currency Guide
April 2019 | 404
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSTELEPHONE
NUMBER OF THEBENEFICIARY
X
Currency Guide
April 2019 | 405
XOF – West African CFA Franc
Overview
Concerned countries: Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal andTogo.
XOF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of the WestAfrican States.
Currency Guidelines
Besides the standard information, it is important to note that the IBAN format is alwaysrecommended.
The beneficiary’s physical full address is recommended.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
It is recommended as well to provide the beneficiary’s telephone number in the remittanceinformation.
This currency does not have any decimal places.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT
RECOMMENDED 59
<CdtrAcct> <Id> <IBAN>XXXX
FULL ADRESS<Cdtr><PstlAdr><AdrLine>
XXX
Remittance information
Currency Guide
April 2019 | 406
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARYRECOMMENDED
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of West African States: http://www.bceao.int/
Currency Guide
April 2019 | 407
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMAT ISALWAYSRECOMMENDED
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X
FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSTELEPHONE
NUMBER OF THEBENEFICIARY
X
Currency Guide
April 2019 | 408
XPF – Pacific franc
Overview
Concerned countries: French Polynesia, New Caledonia, Wallis and Futuna.
XPF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of thesecountries.
Currency Guidelines
Besides the standard information, the IBAN format is mandatory (see Appendix VI).
The full name (written out in full, without initials, abbreviations or acronyms) and the physicalfull address of the beneficiary are mandatory.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
This currency does not have any decimal places.
Payment Formatting
Information of the beneficiary
DATA NAME PRESENCE MT101 TAG XML V3 TAG
IBAN FORMAT
MANDATORY 59
<CdtrAcct> <Id> <IBAN>XXXX
FULL ADRESSName <Cdtr> <Nm>
XXXX
FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>
XXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY 70 <Rmtlnf><Ustrd>
Currency Guide
April 2019 | 409
Additional Information
• Available charge options: OUR/SHA/BEN
Currency Guide
April 2019 | 410
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
IBAN FORMATMANDATORY
X
59
/34X
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 411
Z
Currency Guide
April 2019 | 412
ZAR – South African Rand
Overview
The payment processing of this currency is considered to be highly standardised.
It is important to note that this currency is also accepted in Lesotho, Swaziland &Namibia which are CMA Countries (Common Monetary Area).
Currency Guidelines
A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing and invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
Payments in ZAR toward South Africa
Besides the standard information, the beneficiary’s physical full address is recommended.
The South African national clearing code (a six digit code) known as the ZA code is mandatory inorder to enable the correct routing of the payment in the domestic clearing.In certain cases, the clearing code could be included within the domestic account number.Please ask to your beneficiary to indicate separately this code and the domestic accountnumber.
It is recommended to provide the beneficiary’s telephone number in the remittanceinformation.
Payments in ZAR outside South Africa
Standard information
Payment Formatting
Information of the beneficiary
Currency Guide
April 2019 | 413
DATA NAME PRESENCE MT101 TAG XML V3 TAG
FULL ADRESSRECOMMENDED
(PAYMENTS TOWARD SOUTHAFRICA)
59<Cdtr><PstlAdr><AdrLine>
XXX
Information of the beneficiary bank
DATA NAME PRESENCE MT101 TAG XML V3 TAG
ZA CODE&
BIC CODE
MANDATORY(PAYMENTS TOWARD SOUTH
AFRICA)57A
<CdtrAgt> <FinInstnId><BIC> XXXXX
<ClrSysMmbId> <MmbId>XXXXXXXX
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
RECOMMENDED
70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF
THE BENEFICIARY
RECOMMENDED(PAYMENTS TOWARD SOUTH
AFRICA)
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of South Africa: https://www.resbank.co.za/Pages/default.aspx
Currency Guide
April 2019 | 414
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
X
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
PAYMENTSTOWARDSOUTHAFRICA:ZA CODE&BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
ZA CODE: 6DIGITSBIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)
//ZA+ 6DIGITSBIC CODE: 8OR 11 DIGITS
57A1*33X8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXX</BIC><CLRSYSMMBID><MMBID>XXXXX</MMBID></CLRSYSMMBID></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
TELEPHONENUMBER OFTHEBENEFICIARY
XFREEMESSAGE
ENGLISH 70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERS
Currency Guide
April 2019 | 415
ZMW – Zambian Kwacha
Overview
This currency is considered to be complex (multiple information to be provided and complexprocessing).
Currency Guidelines
Besides the standard information, it is important to note that the domestic account numbershould be thirteen digits long.
A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.
Example: Payment of travel expenses – invoice n° 123456789
The beneficiary’s bank sort code is mandatory and should be added to the remittanceinformation, this code is a six digit code which allows the identification of a financial institution.
Payment Formatting
Remittance information
DATA NAME PRESENCE MT101 TAG XML V3 TAG
REASON / PURPOSE OFPAYMENT
MANDATORY
70
<Rmtlnf><Ustrd>SORT CODE OF THEBENEFICIARY BANK
Additional Information
• Available charge options: OUR/SHA/BEN
• Central bank of Zambia: http://www.boz.zm/
Currency Guide
April 2019 | 416
Technical Guidelines
FIELD INFORMATIONPRESENCE
DESCRIPTION REQUIREMENTSWIFT
REQUIREMENTMT101TAG
MT101CHARACTERS
XML V3 TAGXML V3
LIMITATIONSMANDATORY RECOMMENDED
INFORMATION OF THE BENEFICIARY
ACCOUNTNUMBER
DOMESTICACCOUNT NUMBER
X
13 DIGITS
59
/34X
<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>
<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>
LINE1 : /34X
FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>
LINE 2:LIMITED TO35CHARACTERS
FULLADDRESS
X 3*35X
<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>
LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS
INFORMATION OF THE BENEFICIARY BANK
BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)
X
BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)
57A 8 OR 11
<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>
LIMITED TO11CHARACTERS
REMITTANCE INFORMATION
PAYMENTMESSAGE
DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)
X FREEMESSAGE
ENGLISH
70 4*35X <RMTINF><USTRD>
MAXIMUMLENGTH IS140CHARACTERSSORT CODE OF THE
BENEFICIARY BANK X 6 DIGITS
Currency Guide