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SWIFT-MT-202

FIN SWIFT message for interbank transfer.

Definition

MT 202 uses tags 20 (Transaction Reference), 32A (Settlement Amount), 53 (Sender's Correspondent), 56 (Intermediary), 57 (Account With Institution). MT 202 COV variant for cover transactions. ISO 20022 pacs.009 migration completed November 2025.

Origin

FIN message introduced in the 1970s.

Example in context

Deutsche Bank sends MT 202 to JPMorgan for correspondent banking cover USD 1M.

Last updated: May 15, 2026