Definition

SWIFT FIN message

SWIFT FIN is a message type (MT) that transmits financial information from one financial institution to another.

Each SWIFT message is represented by a three-digit number. The first number identifies the category to which the message belongs. The second and third numbers identify the message type.

Each SWIFT message uses a format that has five possible blocks:

Basic header block - contains basic header information.

Application header block - contains header information about the message itself.

User header block - identifies the version of the message standard.

Text block - contains the text of the SWIFT message.

Trailers block - contains special handling conditions, instructions or additional information.

This was last updated in March 2012
Posted by: Margaret Rouse

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