Scribd
Upload
12K views3 pages

Draft MT 700

This document provides a sample text format for a proof of funds (POF) using the SWIFT MT700 message format. The summary includes: 1) A sample POF message following the MT700 format with fields for message header, applicant/beneficiary details, currency/amount, payment instructions, and required documents. 2) Instructions that the POF message must match this exact verbiage and format or it will be rejected. 3) Contact information for the authorized bank officer.

Uploaded by

Jundi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
12K views3 pages

Draft MT 700

This document provides a sample text format for a proof of funds (POF) using the SWIFT MT700 message format. The summary includes: 1) A sample POF message following the MT700 format with fields for message header, applicant/beneficiary details, currency/amount, payment instructions, and required documents. 2) Instructions that the POF message must match this exact verbiage and format or it will be rejected. 3) Contact information for the authorized bank officer.

Uploaded by

Jundi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

TEXT FORMAT OF POF VIA SWIFT MT700 (SAMPLE):

FINAL APPROVED VERBIAGE FOR MT700 POF


THIS IS TO INFORM THAT WE CAN ONLY ACCEPT AND VERIFY PROOF OF FUND BASED ON THIS BELOW
VERBIAGE/TEXT.
IT MUST BE 100% SAME AS BELOW OTHERWISE IT WILL BE REJECTED IF ANY CHANGE OR
AMENDMENT TO BELOW
------------------------------------------MESSAGE HEADER------------------------------------------
S.W.I.F.T. – WIRE FORMAT MT700:
NOTIFICATION:

DELIVERY STATUS:

PRIORITY / DELIVERY:

MESSAGE INPUT REFERENCE:

TRANSACTION CODE:

TRANSACTION NUMBER:

------------------------------------------MESSAGE HEADER------------------------------------------

DRAFT OPERATIVE DOCUMENTARY LETTER OF CREDIT FORMAT

(SWIFT MT700 FORMAT) IRREVOCABLE

DRAFT LETTER OF CREDIT FORMAT (SWIFT MT700 FORMAT)

FROM: __________

TO:

40A/ FORM OF OPERATIVE DOCUMENTARY CREDIT IRREVOCABLE

20/ DOCUMENTARY CREDIT NUMBER

0000XX0XX0

31C/ DATE OF ISSUE

YYMMDD

31D/ DATE & PLACE OF EXPIRY

YYMMDD XXXXXX (180 days after date of issue)

50/ APPLICANT

59/ BENEFICIARY :

BANK NAME:

BANK ADDRESS:

ACCOUNT NAME:

ACCOUNT NUMBER :

SWIFT CODE:

1
BENK OFFICER NAME:

BANK TEL:

BANK FAX:

32B/ CURRENCY CODE AMOUNT

CURRENCY : USD (US Dollars)

AMOUNT : XXXXXXXX (US Dollars )

39A/ PERCENTAGE CRDT AMT TOLERANCE

5/5

41D/ AVAILABLE WITH : XXXXX,

SWIFT: BY PAYMENT

42P/ PAYMENT DETAILS –

PAYMENT AT SIGHT AGAINST DOCUMENTS

43P/ PARTIAL SHIPMENTS

ALLOWED

43T/ TRANSHIPMENT

ALLOWED NOT

44B/ FOR TRANSPORTATION TO _____

44C/ LATEST DATE OF FIRST SHIPMENT

YYMMDD

45A/ DESCP OF GOODS

XXXUNIT PRICE: USD /MT CIF PORT XXX (INCOTERMS 2000)

46A/ DOCUMENTS REQUIRED

+ Commercial Invoice - one original and three copies

+ Full set(s) of 3/3 original 'clean on board' bills of lading plus 3 non-negotiable copies each
issued or

endorsed to the order of ______________________', marked : 'freight payable as per charter


party'.

+ Certificate of quality analysis issued by SGS in loading port – one original and three copies.

+ Certificate of origin issued by Chamber of Commerce of the Russian Federation - one original
and

2
three copies

47A/ ADDITIONAL CONDITIONS

+ ALL DOCUMENTS TO BE MADE IN _________ LANGUAGE.

+ THIRD PARTY DOCUMENTS ACCEPTABLE

+ ALL DOCUMENTS SHOULD BE SEND IN ONE COVER BY COURIER SERVICE TO


(ISSUING) BANK ADDRESS:

71B/ CHARGES

ALL ___ BANK CHARGES ARE FOR ACCOUNT OF APPLICANT, ALL BANK CHARGES
INSIDE ISSUER BANK ARE FOR ACCOUNT OF BENEFICIARY

48/ PERIOD FOR PRESENTATION

WITHIN ___ DAYS AFTER THE DATE(S) OF LOADING(S)BUT WITHIN THE VALIDITY OF
THE CREDIT

49/ CONFIRMATION INSTRUCTIONS

WITHOUT

78/ INSTRUC TO PAY/ACCPT/NEGOT BNK

+ PAYMENT BY 100 PCT OF EACH INVOICE PAYABLE AGAINST PRESENTATION OF


SHIPPING DOCUMENTS

COMPLYING WITH L/C TERMS & CONDITIONS & A COPY OF NOTICE OF READINESS
ISSUED BY

SHIPMASTER OR

SHIPPING AGENT

+ DOCUMENTS ISSUED PRIOR TO THE LC ISSUANCE DATE ARE ACCEPTABLE

+ UNLESS OTHERWISE STATED, THIS CREDIT IS SUBJECT TO THE UCP/DC 2010, I.C.C
PUBLICATION

NO.600

57A/ ADVICE THROUGH BANK – XXXXXX, SWIFT:

AUTHORIZED BANK OFFICER 1

NAME AND TITLE

DATE:

TELEPHONE:

FACSIMILE:

E-MAIL:

You might also like