27/07/2017
The upgrade to the category 7 messages will see 9 new messages - 2 relating to documentary credits (MT708 extension to the MT707 and MT744 notice of non-conforming reimbursement claim), 6 relating to guarantees and standby letters of credit (MT761 issue of a demand guarantee or standby credit which will be an extension of a new highly structured MT760, MT765 demand under a guarantee or standby, MT775 amendment to a guarantee or standby, MT785 guarantee or standby non-extension notification, MT786 demand refusal under a guarantee or standby, MT787 amendment response to a guarantee or standby), and 1 relating to an ancillary trade structured message (MT759)...
13/07/2017
The latest ICC Global Trade Finance Survey can be downloaded from the following link Here Highlights from the SWIFT 2016 statistics, that can be found on pages 88 - 99 are: Volume of MT700 messages was down 2...