What are the different fields in MT202 and MT202cov?

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1217610

2026-02-09 13:20

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MT202 and MT202COV are financial message types used in the SWIFT network for interbank transfers. MT202 is used for general financial institution transfers, while MT202COV includes additional details related to the underlying customer credit transfer. Key fields in MT202 include the transaction reference number, date, and the sender/receiver’s information. In MT202COV, additional fields provide details about the transaction purpose, amount, and specific instructions regarding the underlying customer transaction.

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