MT199

An MT199 Swift message is a secure and efficient way for financial institutions to communicate important details about transactions, confirmations, instructions, and other operational messages. It is a crucial role in facilitating smooth communication between banks worldwide.

A Bank Comfort Letter (BCL) is a bank-issued document assuring a seller of a buyer's financial capability in a transaction. It confirms the buyer's funds or credit availability, building trust and reducing payment risk.

An MT799 is a type of message used in international trade finance to confirm the details of a transaction before funds are transferred. It is like a "pre-confirmation" message to show that the sender's bank has the funds available.

An MT760 is a type of SWIFT message used to issue a Standby Letter of Credit (SBLC), providing a guarantee of payment to a beneficiary if the applicant fails to fulfill their obligations. It assures the recipient that funds are available and will be released as per agreed terms.

An MT103 is a standard SWIFT payment message used for transferring funds between banks. It includes sender and receiver details, transaction information, beneficiary details, and payment instructions for a single payment.

If you have assets deposited under our Safekeeping (SKR) Service, Royal Bank & Private Statutory Trust can, at the client's request, send a Swift message containing details of your deposited assets.

Royal Bank & Private Statutory Trust enables clients to send Swift Message MT998 to any bank worldwide, ensuring secure and efficient communication of financial information globally.