A SWIFT is a detailed document that is generated when you complete an international transfer at your bank.
A SWIFT MT-103 document is a portion of the electronic payment document sent to the beneficiary bank. It is a confirmation of the payment made from your bank and includes all the details of your transaction including date, amount, currency, sender, recipient and any fees applied.
- Who can provide a SWIFT confirmation document?
- When do I need to provide a SWIFT confirmation document?
Who can provide a SWIFT confirmation document?
Most banks can provide a SWIFT MT-103 document as they are also great for tracking payments because they show the route that the payment follows when traveling between banks.
When do I need to provide a SWIFT confirmation document?
If we haven't received your payment, we would request this document as well as Proof of Payment from your bank to assist us in tracking and allocating your funds.