SWIFT Message Types in Banking

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. ⭐️⭐️Our courses are chosen by international banks and corporates to train their employees. ✅For our SWIFT ISO 20022 courses - https://www.bankon.school/courses/swi... 🚀For our trade finance courses - https://www.bankon.school/courses/tra... SUBSCRIBE HERE - https://bit.ly/2Xu68WD WATCH OUR LATEST VIDEO HERE - https://bit.ly/latesttutorial #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