MT700 Field 44A: Best Practices for Accurate Completion

Introduction

MT 700 Field 44A is Place of Taking in Charge/Dispatch from .../Place of. Presence: Optional. This field specifies the place of taking in charge (in case of a multimodal transport document), the place of receipt (in case of a road, rail or inland waterway transport document or a courier or expedited delivery service document), the place of dispatch or the place of shipment to be indicated on the transport document. 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 44A is the designated MT 700 tag for this data. Do not repeat it in field 47A.

FAQ

Is Field 44A mandatory on an MT 700?

Optional.

What is Field 44A for?

This field specifies the place of taking in charge (in case of a multimodal transport document), the place of receipt (in case of a road, rail or inland waterway transport document or a courier or expedited delivery service document), the place of dispatch or the place of shipment to be indicated on the transport document.

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.