About this document
SWIFT Payment Formatting Guide by João Ribas is a document available to read on EtoBox.
The document provides guidelines for formatting SWIFT payment messages to ensure straight-through processing at UBS. It defines two categories of payments - qualified and unqualified. For a payment to be qualified, the SWIFT message must meet SWIFT STP guidelines and UBS formatting requirements. It recommends using IBAN account formats for payments to IBAN countries and provides examples of properly formatted SWIFT MT103 payment messages with fields populated according to the guidelines.
- Author
- João Ribas
- Language
- EN