Can you open a bank account on the basis of MT199?

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1014600

2026-03-07 16:35

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An MT199 is a type of SWIFT message used for general inquiries or communication between financial institutions, but it does not serve as a formal identification or documentation for opening a bank account. To open a bank account, banks typically require specific identification documents, proof of address, and other relevant paperwork. Therefore, an MT199 alone would not be sufficient for this purpose.

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