12.1.21.1 Acknowledgment of MT707
During LC amendment, MT730 is generated if the media is ‘SWIFT’ and message type is ‘LC_ACK_AMND’. The following table lists the mapping between the SWIFT tags in 730 and the fields in the LC Contract screen.
Table 12-13 SWIFT tags in 730 and the fields in the LC Contract
| Status | Tag value | Description | Oracle Banking Trade Finance field value |
|---|---|---|---|
| M | 20 | Sender’s reference | Contract reference or user reference |
| M | 21 | Receiver reference | Their reference of party ‘ISB’ |
| O | 25 | Account identification | Account of ISB in others tab |
| M | 30 | Date of message being acknowledged | System date |
| O | 32B | Amount of charges | Charge currency and charge amount of ISB in others tab |
| O | 71B | Details of charges | Charges from ISB |
| O | 72 | Sender to receiver information | FFT code ‘SND2RECINFO’ and message type as ‘LC_ACK_AMND’ |
Parent topic: STP of MT730 – Acknowledgment