|
NUMBER |
SWIFT
FIELD 700/701 DEFINITIONS |
SWIFT
Field Explanation |
| :700 |
ISSUE OF DOC
CREDIT |
Type of
transmission |
| :20 |
DOC CREDIT NUMBER |
Credit number
assigned by the issuing bank |
| :21 |
RECEIVER'S
REFERENCE |
|
| :23 |
REFERENCE
TOP PRE-ADVISE |
|
| :26E |
NUMBER OF
AMENDMENTS |
Number of
Amendments |
| :27 |
SEQUENCE
OF TOTAL |
Page number of
total pages |
| :30 |
DATE CONTACT
AGREED / AMENDED |
Date Amended |
| :31C |
ISSUE DATE |
The date the
letter of credit is issued |
| :31D |
DATE
AND PLACE OF EXPIRY |
The date the
letter of credit expires |
| :31E |
MATURITY DATE |
|
| :32B |
CURRENCY / AMOUNT |
The currency and
value of the Credit |
| :39A |
PERCENTAGE
CREDIT AMOUNT TOLERANCE |
|
| :39B |
MAXIMUM
CREDIT AMOUNT |
|
| :39C |
ADDITIONAL AMOUNTS
COVERED |
Additional amounts
covered |
| :40A |
FORM OF DOC CREDIT |
Irrevocable and/or
transferable |
| :41A |
AVAILABLE WITH
...BY |
|
| :41D |
AVAILABLE WITH /
BY |
Bank the Credit is
available to be paid by |
| :42C |
DRAFTS AT |
Sight or days
after sight for payment |
| :42A |
DRAWEE |
Bank the draft is
drawn on |
| :42M |
MIXED
PAYMENT DETAILS |
|
| :42P |
DEFERRED PAYMENT
DETAILS |
Deferred payment
details |
| :43P |
PARTIAL SHIPMENTS |
Partial shipments
allowed or not allowed |
| :43T |
TRANSSHIPMENT |
Transshipments
allowed or not allowed |
| :44A |
LOADING ON BOARD /
DISPATCH / TAKING IN CHARGE AT / FROM |
Commercial port
loading from |
| :44B |
FOR TRANSPORT TO |
Destination
commercial port |
| :44C |
LATEST SHIPMENT
DATE |
Last date shipment
letter of credit is valid for |
| :44D |
SHIPMENT
PERIOD |
|
| :45 |
GOODS |
Goods to be
delivered |
| :45A |
DESCRIPTION OF
GOODS AND/OR SERVICES |
Goods description |
| :46 |
DOCUMENTS REQUIRED |
|
| :46A |
DOCUMENTS REQUIRED |
Documents required
for payment |
| :47 |
ADDITIONAL
CONDITIONS |
|
| :47A |
ADDITIONAL
CONDITIONS |
Additional
requirements of the letter of credit |
| :47B |
ADDITIONAL
CONDITIONS |
Additional
conditions to be complied with |
| :48 |
PERIOD FOR
PRESENTATION OF DOCUMENTS |
Number of days
after shipment allowed for document presentation |
| :49 |
CONFIRMATION
INSTRUCTIONS |
Confirmation by
the paying bank is allowed or not allowed |
| :50 |
APPLICANT |
The Applicant
(usually the buyer) of the Letter of Credit. |
| :50 |
ORDERING CUSTOMER |
Ordering customer |
| :51A |
APPLICANT
BANK |
|
| :51D |
SENDING
INSTITUTION |
Sending
Institution |
| :53A |
REIMBURSEMENT BANK |
Paying bank to
negotiating bank |
| :53D |
REIMBURSEMENT |
Reimbursement
instructions between the paying and issuing bank |
| :57A |
"ADVISE
THROUGH" BANK |
|
| :57D |
ACCOUNT WITH BANK |
Issuing banks
account relationship bank |
| :59 |
BENEFICIARY |
The Beneficiary
(usually the seller) of the Letter of Credit. |
| :71B |
CHARGES |
Applicant and
Beneficiary responsibility for bank charges |
| :72 |
SENDER
TO RECEIVER INFORMATION |
Send and Receive
information |
| :78 |
INSTRUCTIONS TO
PAY / ACCEPT / NEGOTIATING BANK |
Instructions to
paying, accepting, or negotiating bank |
| :79 |
NARRATIVE |
|
| I/O |
INSTEAD OF |
|
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|
|
|
|
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|
InterNetLC.com
PreShipment
Financing for Exporters.
