Can mt103 swift be put onhold?

Yes, an MT103 SWIFT message can be put on hold, typically at the request of the sending or receiving bank due to various reasons, such as compliance checks, discrepancies in transaction details, or regulatory issues. The hold process may vary depending on the banks involved and their internal policies. While on hold, the transaction is not processed until the issues are resolved. Communication between the banks is essential to clarify the situation and determine the next steps.