12.4.2.24 MT 781 Settlement of Guarantee / Standby Letter of Credit claim for payment and/or charges – B2C
The Settlement of Guarantee / Standby LC claim for payment and/or Charges under a specified Guarantee/Standby LC is sent by the bank to the corporate (Applicant) and comprises one MT 798 message.
This message is used by the bank to inform the Applicant about the details of the settlement of a claim for payment.
Format Specifications
Section 2 – Field 77E Structure
MT 798<781> - Settlement of Guarantee / Standby Letter of Credit claim for payment and/or charges Section 1 - MT 798 Structure
| Field Tag | Field Name | Format | Mandatory/ Optional |
|---|---|---|---|
| 20 | Transaction Reference Number | 16x | M |
| 12 | Sub-Message Type | 3!n | M |
| 77E | Proprietary Message | 73z (Text) [n*78z (Text) | M |
| Field Tag | Field Name | Format | Mandatory/ Optional |
|---|---|---|---|
| 27A | Message Index/ Total | 1!n/1!n (Message Index)/(Total) | M |
| 21A | Customer Reference Number | 16x | M |
| 21T | Customer Business Reference | 16x | O |
| 21P | Bank Reference Number | 16x | M |
| 21S | Bank Business Reference | 16x | M |
| 20 | Undertaking Number | 16x | M |
| 13E | Message Creation Date Time | 8!n4!n (Date)(Time) | M |
| 12R | Reason for Message | 4!c[/35x] (Code) [/Narrative] | M |
| 34D | Amount Claimed | 3!a15d (Currency)( Amount) | O |
| 34K | Counterparty Commission and Charges | 3!a15d (Currency)( Amount) | O |
| 34L | Total Amount Claimed | 3!a15d (Currency)( Amount) | O |
| 34M | Own Commission and Charges | 3!a15d (Currency)( Amount) | O |
| 71B | Details of Own Commission and Charges | 6*35x (Narrative) or /8a/1!a/ [3!a13d][Narrative] (Code)(Currency) | O |
| 34S | Debit Undertaking Commission | 3!a15d (Currency)( Amount) | O |
| 34T | Refund Undertaking Commission | 3!a15d (Currency)( Amount) | O |
| 22S | Amount Specification for Undertaking Commission | 4!c (Code) | O |
| 31J | Calculation From | 6!n (Date) | O |
| 31K | Calculation To | 6!n (Date) | O |
| 37J | Undertaking Commission in Percent | 12d | O |
| 34U | Base Amount for Calculation of Undertaking Commission | 3!a15d (Currency)( Amount) | O |
| 53C | Settlement Account | /34x (Account) | O |
| 34V | Total Amount Settlement Account | 3!a15d (Currency)( Amount) | O |
| 25A | Alternative Charges Account | /34x (Account) | O |
| 34W | Total Amount Alternative Charges Account | 3!a15d (Currency)( Amount) | O |
| 30 | Value Date | 6!n (Date) | O |
| 36 | Exchange Rate | 12d | O |
| 34X | Countervalue in Local Currency | 3!a15d (Currency)( Amount) | O |
| 78B | Instructions from the Bank | 50*65z (Narrative) | O |
| 29B | Bank Contact | 4*35x (Narrative) | O |
| 72Z | Bank to Corporate Information | 6*35z (Narrative) | O |
| 23X | File Identification |
/4!c/65x (Code))(File Name or Reference |
O |
| 29S | Customer Identifier | 4!c/35x (Code)(Party Identifier) | O |
| 29P | Processing Bank Identifier | 4!a2!a2!c[3!c] (Identifier Code) | O |
| 29U | Lead Bank Identifier | 4!a2!a2!c[3!c] (Identifier Code) | O |
Parent topic: SWIFT 2023 Changes