Does the mt 103 73 stay in buyers bank?

The MT 103/73 message is part of the SWIFT payment system, specifically used for international wire transfers. Once the transaction is completed, the MT 103/73 record typically resides in the buyer's bank for reconciliation and record-keeping purposes. However, it is not permanently stored there; banks generally retain such records for a specific period, depending on their internal policies and regulatory requirements. After that, it may be archived or deleted according to banking regulations.