SWIFT

Commercial Invoice Discrepancy: Description Inconsistent with MT700 Field 45A

📅 2026-07-13 • 1 min read • UCP 600 / ISBP 745

Introduction

MT 700 Field 45A is Description of Goods and/or Services. Presence: Optional. This field contains a description of the goods and/or services. The message is sent by the issuing bank to the advising bank to indicate the terms of a credit the Sender has originated.

Applying this field

Put this data in the designated MT 700 tag. Do not repeat it in field 47A or in an MT 701. Network rules C1–C4 still apply to 39A/39B, 42C/42a/42M/42P, and 44C/44D.

Conclusion

Field 45A is the designated MT 700 tag for this data. Do not repeat it in field 47A.

FAQ

Is Field 45A mandatory on an MT 700?

Optional.

What is Field 45A for?

This field contains a description of the goods and/or services.

Does a SWIFT format error become a UCP 600 discrepancy?

Network validation rejects the message before advice. Presentation discrepancies are examined under UCP 600 Article 14 against the credit that was actually issued.

Regulatory Reference Table
RegulationArticle / SectionRequirementConsequence
UCP 600Article 14Standard for Examination of DocumentsBinary determination (compliant/discrepant)

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Quick Reference Summary

  • No reference captured.

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