12.3.41 MT798(755) - Notification of Advice of Reimbursement or Payment
The Notification of Advice of Reimbursement or Payment is sent to the corporate (applicant or beneficiary) by its bank (Issuing Bank) and comprises one MT 798 message.
They are used to notify the corporate about reimbursement or payment, to that bank, for a drawing under a documentary credit for which no specific reimbursement instructions or payment provisions are provided. This is generated in the LIQD Event.
Parent topic: Documentary Credits