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  • MT 700 Format Specifications

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    The document provides specifications for the MT 700 format used for issuing documentary credits. It lists the mandatory and optional fields for an MT 700 message with their status and tag identifiers. Key mandatory fields include the documentary credit number, date of issue, date and place of expiry, applicant, beneficiary, currency code and amount. Optional fields cover additional details like transportation terms, documents required, charges and confirmation instructions.

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    Mt 700 Format Specifications

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    The document provides specifications for the MT 700 format used for issuing documentary credits. It lists the mandatory and optional fields for an MT 700 message with their status and tag identifiers. Key mandatory fields include the documentary credit number, date of issue, date and place of expiry, applicant, beneficiary, currency code and amount. Optional fields cover additional details like transportation terms, documents required, charges and confirmation instructions.

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    © All Rights Reserved
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    29 views1 page

    MT 700 Format Specifications

    Uploaded by

    puang indera
    The document provides specifications for the MT 700 format used for issuing documentary credits. It lists the mandatory and optional fields for an MT 700 message with their status and tag identifiers. Key mandatory fields include the documentary credit number, date of issue, date and place of expiry, applicant, beneficiary, currency code and amount. Optional fields cover additional details like transportation terms, documents required, charges and confirmation instructions.

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    MT 700 Format Specifications

    MT 700 Issue of a Documentary Credit

    Status Tag Field Name Status Tag Field Name

    M 27 Sequence of Total O 43T Transhipment

    M 40A Form of Documentary Credit O 44A Place of Taking in Charge/Dispatch


    from.../Place of Receipt

    M 20 Documentary Credit Number O 44E Port of Loading/Airport of Departure

    O 23 Reference to Pre-Advice O 44F Port of Discharge/Airport of Destination

    M 31C Date of Issue O 44B Place of Final Destination/For


    Transportation to.../Place of Delivery

    M 40E Applicable Rules O 44C Latest Date of Shipment

    M 31D Date and Place of Expiry O 44D Shipment Period

    O 51a Applicant Bank O 45A Description of Goods and/or Services

    M 50 Applicant O 46A Documents Required

    M 59 Beneficiary O 47A Additional Conditions

    M 32B Currency Code, Amount O 49G Special Payment Conditions for


    Beneficiary

    O 39A Percentage Credit Amount O 49H Special Payment Conditions for


    Tolerance Receiving Bank

    O 39B Maximum Credit Amount O 71D Charges

    O 39C Additional Amounts Covered O 48 Period for Presentation in days

    M 41a Available With ... By ... M 49 Confirmation Instructions

    O 42C Drafts at ... O 58a Requested Confirmation Party

    O 42a Drawee O 53a Reimbursing Bank

    O 42M Mixed Payment Details O 78 Instructions to the


    Paying/Accepting/Negotiating Bank

    O 42P Negotiation/Deferred O 57a ’Advise Through’ Bank


    Payment Details

    O 43P Partial Shipments O 72Z Sender to Receiver Information

    M = Mandatory O = Optional

    Excerpt from Documentary Credits and Guarantees for Standards MT November 2018

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