12.4.2.7 MT 765 - Guarantee/Standby Letter of Credit Demand
This message is sent by a party (as the beneficiary or on behalf of the beneficiary) to a party which has issued an undertaking (guarantee, demand guarantee, standby letter of credit or dependent undertaking), either directly or through a third party.
It is used to demand payment under an undertaking and may include a request to extend the expiry date. The demand itself must be specified as narrative text within the message. It may indicate availability of supporting documentation in addition to the demand.
Length validations, Format validations and Character validations supported for below FFTs:
| Field Tag | Field Name | Format | Mandatory/ Optional |
|---|---|---|---|
| 20 | Transaction Reference Number | 16x | M |
| 21 | Related Reference | 16x | O |
| 23 | Beneficiary Reference Number | 16x | O |
| 52a | Issuer | A or D | M |
| 59a | Beneficiary | [/34x] 4*35x | O |
| 31L | Date of Demand | 6!n | O |
| 22G | Demand Type | 4!c | M |
| 32B | Demand Amount | 3!a15d | M |
| 78 | Additional Amount Information | 12*65x | O |
| 49A | Demand Statement | /4!c/ [50*65z] | O |
| 77 | Presentation Completion Details | 20*35z | O |
| 31E | Requested New Date of Expiry | 6!n | O |
| 56a | Intermediary | A, B, or D | O |
| 57a | Account With Institution | A, B, or D | O |
| 72Z | Sender to Receiver Information | 6*35z | O |
| 23X | File Identification | /4!c/65x | O |
| FFT Code |
|---|
| 57ACWITHBANK |
| SND2RECMT765 |
| 23XFILEIDENT |
| 49ADMNDSTMT |
| 77PRESDTLS |
| 78ADLAMTINFO |
Parent topic: SWIFT 2023 Changes