12.2.2 MT400 (Advice of Payment)
MSG TYPE: COLL_PAY_ADV; Event LIQD for Collection Bill.
Generated: On Initiation and Liquidation
Table 12-3 MT400 (Advice of Payment)
| Field | Description | M/O | FCC Y/N | Field in Oracle Banking Trade Finance | Remarks |
|---|---|---|---|---|---|
| 20 | Sending Bank's TRN | M | Y | User Reference Contract Reference Number Our Letter of Credit Reference | User Reference Number, if the flag at the branch parameter = “Y” (bctms_branch_parameters.use_userre f_in_msgs) else Contract_Ref_no OR our lc ref, If at the contract level the “use lc ref no.in msg “(bctms_contract_master.USE_LCREF _IN_MSG) is checked then our_lc_Ref is used. |
| 21 | Related Reference | M | Y | Their Letter of Credit Reference Reference (Parties tab) | If use_lcref_in_msg = Y then their_lc_ref else Party Reference of Receiver.Their LC ref from main contract screen and party ref from parties tab |
| 32a | Amount Collected | M | Y | Maturity Date (for 32A) or Tenor Days (for 32 K) Bill Currency Bill Amount Liquidation Bill Amount | 32B if maturity date is not given or else 32A with maturity
date.
Bill amt when event =, and amt liquidated if event = LIQD |
| 33A | Proceeds Remitted | M | Y | Value Date Bill Currency Bill Amount Settlement Amount | Value Date, Billccy and bill amt liqd – chg deducted +chg
collected.
The charge amount is taken from istb_tf_contractis and the bill amt is taken form base table. For LIQD event, bill_amt_liq is used and for bill_amt is used |
| 52a | Ordering Bank | O | Y | Ordering Institution 1 to 5 | Ordering Institution |
| 53a | Sender's Correspondent | O | Y | Derived | nostro accounts bic code |
| 54a | Receiver's Correspondent | O | Y | INT_REIM_I NST1 to INT_REIM_I NST5 or intermediary 1 to intermediary 5 | This is same as the intermediary in MT202 |
| 57a | Account With Bank | O | Y | Account With Institution 1 to 5 | |
| 58a | Beneficiary Bank | O | Y | Beneficiary Institution 1 and Free Format Text | FFT are populated where fft_code = 58BENFICBANK |
| 71B | Details of Charges | O | Y | Free Format Text | FFT are populated where fft_code in 71CHARGEDESC, 71CHGTOBEDED |
| 72 | Sender to Receiver Information | O | Y | B.our_charge s_refused, B.their_charg es_refused | Based on the flag 'ALCHAREF',OUCHAREF,UCHAREF will be added |
| 73 | Details of Amounts Added | O | Y | Free Format Text | FFT are populated where fft_code in 73CHARGEDESC, 73CHGTOBEADD |
Parent topic: Details of SWIFT Messages for Bills and Collections