Here we discuss the structure of a SWIFT message, the categories of SWIFT message types in banking and discuss in detail a few message types of category 1, category 2, category 4, category 7 and category 9 which are frequently used in the world of trade finance.

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#payments #tradefinance #paymentprocessing #internationaltradefinance

0:00 Introduction
0:21 SWIFT MT Message Naming Convention and Structure
1:16 Common Messages in All MT Categories
1:39 SWIFT MT Messages Categories
1:56 Category 1 and Category 2 SWIFT MT Messages
2:32 Category 4 SWIFT MT Messages - Documentary Collections
3:32 Category 7 SWIFT MT Messages - Documentary Credit
5:06 Category 9 SWIFT MT Messages - Confirmation of Debit and Credit