I'm trying to understand the meaning of 'MT' in the context of money transfer. I've seen this abbreviation used in financial transactions, but I'm not sure what it stands for or its specific function in the process.
5 answers
Dario
Fri Nov 15 2024
Category 2 message type is related to Financial Institution Transfers.
charlotte_bailey_doctor
Fri Nov 15 2024
This category bears the type designation MT 2xx.
AzrilTaufani
Fri Nov 15 2024
Category 1 message type pertains to Customer Payments and Cheques.
InfinityEcho
Fri Nov 15 2024
Category 3 message type encompasses Treasury Markets, Foreign Exchange, Money Markets, and Derivatives.
KatanaSharp
Fri Nov 15 2024
This category is designated with the type code MT 1xx.