SWIFT MT700 Fields
The SWIFT MT700 message, field by field, with what each field means for exporters.
- SWIFT MT700 Explained: Fields of a Letter of Credit
What the MT700 message is and what each key field means for exporters checking a Letter of Credit.
- MT700 Field 46A: Documents Required
What field 46A in an MT700 Letter of Credit means, how to read it and the mistakes exporters make.
- MT700 Field 47A: Additional Conditions
What field 47A means in a Letter of Credit, typical conditions, and how they affect your documents.
- MT700 Field 31D: Date and Place of Expiry
How the expiry date and place in field 31D work, and how they interact with the presentation period.
- MT700 Field 44C: Latest Date of Shipment
What the latest shipment date in field 44C means and how banks determine the date of shipment.
- MT700 Field 48: Period for Presentation
What field 48 of the SWIFT MT700 means, how the presentation period is counted, and the 21-day default.
- MT700 Sample Letter of Credit: Major Fields Explained
A fictional MT700 sample with the major fields of a Letter of Credit explained line by line.
- MT700 Field 32B: Currency Code and Amount
What field 32B of the MT700 contains and how it sets the maximum the exporter can draw.
- MT700 Field 45A: Description of Goods and Services
What field 45A of the MT700 contains and how it controls the invoice goods description.
- MT700 Field 49: Confirmation Instructions
What the CONFIRM, MAY ADD and WITHOUT codes in MT700 field 49 mean for the exporter.
- MT700 Field 41A/41D: Available With... By...
How to read MT700 field 41a — which bank the credit is available with and how it pays.
- MT700 Field 42C/42A: Drafts at and Drawee
What MT700 fields 42C (drafts at) and 42A/42D (drawee) require, and common draft errors.
- MT700 Fields 43P and 43T: Partial Shipment and Transhipment
How to read MT700 fields 43P and 43T and what 'allowed', 'not allowed' and 'conditional' mean.
- MT700 Fields 44E and 44F: Port of Loading and Discharge
How MT700 fields 44E and 44F set the ports your transport document must show.
- MT700 Field 71D: Charges and Who Pays Them
How to read MT700 field 71D and how charges are deducted from payment.
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