Sample of MT 103

A MT103 is a SWIFT message for Customer Transfer sent by the FInancial institution initiating the transfer(the Debit leg) to the Financial Instution of the benificary(credit leg).

It is an unconditional transfer ie when a Financial Instution gets a MT103 to credit a customer account it had to credit the customer account.

PS: SWIFT - Society for Worldwide Interbank Financial Telecommunication.