12.4.2.25 727 / 785 - Notification of Non-Extension of Guarantee / Standby Letter of Credit – B2C
The Notification of Non Extension of Guarantee / Standby LC is sent to the corporate (beneficiary) by their bank and comprises at least two MT 798 messages. These messages are sent to notify the beneficiary of the non-extension of the referenced undertaking beyond the current expiry date.
Format Specifications
| Field Tag | Field Name | Format | Optional/ Mandatory |
|---|---|---|---|
| 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 | Optional/ Mandatory |
|---|---|---|---|
| 27A |
Message Index/ Total |
1!n/1!n
(Message Index)/(Total) |
M |
| 21T | Customer Business Reference | 16x | O |
| 21P |
Bank Reference Number |
16x | M |
| 21S |
Bank Business Reference |
16x | M |
| 13E |
Message Creation Date Time |
8!n4!n
(Date)(Time) |
M |
| 29B | Bank Contact | 4*35x (Narra-
tive) |
O |
| 72Z |
Bank to Corporate Information |
6*35z (Narra-
tive) |
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 |
Section 1 - MT 798 Structure
| Field Tag | Field Name | Format | Optional/ Mandatory |
|---|---|---|---|
| 20 | Transaction Reference Number | 16x | M |
| 12 | Sub-Message Type | 3!n | M |
| 77E | Proprietary Message | 73z (Text)
) [n*78z] (Text) |
M |
| Section 2 - Field 77E Structure [MT 785] | |||
| 27A |
Message Index/ Total |
1!n/1!n
(Message Index)/(Total) |
M |
| 21P |
Bank Reference Number |
16x | M |
| 20 | Undertaking Number | 16x | M |
| 21 | Related Reference | 16x | O |
| 52a |
Advise Through Bank |
A [/1!a][/
34x] (Party Identifier) 4!a2!a2!c[3!c] (Identifier Code) D [/1!a][/ 34x] (Party Identifier) 4*35x (Name & Address) |
O |
| 31C | Date of Issue | 6!n (Date) | M |
| 59a | Beneficiary | No letter option [/34x] (Account) 4*35x (Name and Address) A [34x] (Account) 4!a2!a2!c[3!c] (Identifier Code) |
M |
| 56a | Advising Bank | A [/1!a][/
34x] (Party Identifier)
4!a2!a2!c[3!c] (Identifier Code) D [/1!a][/ 34x] (Party Identifier)
4*35x (Name & Address) |
O |
| 57a |
‘Advise Through’ Bank |
A [/1!a][/
34x] (Party Identifier) 4!a2!a2!c[3!c] (Identifier Code) D [/1!a][/ 34x] (Party Identifier)
4*35x (Name & Address) |
O |
| 31E |
Final Date of Expiry |
6!n
(Date) |
O |
| 72Z |
Sender to Receiver Information |
6*35z (Narrative) | O |
| 23X | File Identification | /4!c/65x
(Code))(File Name or Reference |
O |
Parent topic: SWIFT 2023 Changes