Treasury

Money Market

Money Market Module supports following SWIFT Messages:

1) MT 320 Fixed Loan/Deposit Confirmation

2) MT 330 Call/Notice Loan/Deposit Confirmation
3) MT 350 Interest Payment Advice
4) MT 210 Notice to Receive
5) MT 202 General Financial Institution Transfer
6) MT 103 Single Customer Credit Transfer

MT320

MT320 is sent to confirm a fixed term loan/deposit contract. In the Money Market Menu, it is
generated while entering a new Fixed Placement or Taking, on amending either of the same, on
amendment, cancellation and maturity and the same is addreseed to the Counter party of the deal.
Please note that this message is generated only when the Counter party specified in the deal is a
Bank Customer in T24 with valid SWIFT address/delivery set up in the system.

Following is an example of a Money Market placement Confirmation:

MT330

MT330 is sent to confirm a call/notice money market loan/deposit contract. In the Money Market
Menu, it is generated while entering a new call/notice Placement or Taking, on amending either of the
same, or cancellation and is sent to the Counter party of the deal. Please note that the message is
triggered only when the Counterparty specified in the deal is a Bank Customer in T24 with valid
SWIFT address/delivery set up.

Following is a sample of a Call/Notice Money market Taking/Deposits

MT350

MT350 is sent to inform the counterparty that an interest amount has been paid on a Deposit(Taking).
It is triggered only when the counter party specified in the deal is a Bank customer with valide
SWIFT/delivery set up.

MT210
MT210 is sent to the Bank where a Nostro account is held. It is an advance notice to the Nostro Bank
that it will receive funds to be credited to the Sender’s account. In Money Market deals, the MT210 is
generated when there is a credit of say Principal or Interest to the Nostro on Maturity of a Loan or
while taking a Deposit.

MT202

MT202 is a Financial transfer advice. It is sent to the Bank customer of the Nostro Account where
funds are credited. Thus in a Money market placement deal, if the counter party specified is a Bank
customer in T24 and when the placement amount is credited to the Nostro account (i.e. Drawdown
account input is a Nostro account), MT 202 is triggered. Alternatively, in case of Money Market
Takings/Deposit contract, if the counter party specified is a Bank customer and the principal/Interest
amount on due date of the deal of the deal is credited to the Nostro account for payment/onward
payment to the counter party.

MT103
MT103 for a Money market transaction is relevant only when the Counter party (who is not a Bank)
wishes the amount to be paid to his account in some other Bank and hence the Nostro account is
credited with the amount (i.e. disbursement of the Loan/Placement or repayment of the
Taking/Deposits amount). MT103 as evident is sent to the Nostro Account Customer who is a Bank
with a valid SWIFT address set up in the system.

Forex

Forex Module under Treasury, supports following SWIFT Messages:

1) MT300 Foreign Exchange Confirmation

2) MT600 Precious Metal Trade Confirmation
3) MT604 Precious Metal Transfer/Delivery Order
4) MT605 Precious Metal Notice to Receive
5) MT103 Single Customer Credit Transfer
6) MT202 General Financial Institution Transfer
7) MT210 Notice to Receive
MT300

MT300 is a FOREX confirmation. Under the FOREX menu, it is generated on entering a new Forex
deal and on amendment or cancellation of the same. It is sent to the counterparty of the Deal and is
triggered only if the counter party specified is a Bank customer in T24 with valid SWIFT
address/delivery set up.

MT600
MT600 is sent to confirm a precious metal trade. In the Forex Menu, it is generated while entering a
precious metal deal, on amending or cancellation of the same. The message is sent to the
counterparty of the Precious Metal FX Deal and is triggered when the counterparty specified is a Bank
customer in T24 with valid SWIFT address/delivery set up.

MT604

MT604 is a Precious Metal Transfer Delivery Order. In the Forex Menu, it is generated while making a
Sale of Precious Metal. It is sent to the Customer of the Nostro Account mentioned in the field ‘Setlmnt
Acct for CCY Sold”.
MT605

MT605 is sent when a Precious Metal is bought. In a Precious Metal Deal, when a Metal is bought,
the MT605 is sent to the Customer of the Nostro Account that is entered in the field ‘ Setlmnt Acct for
CCY Bought’

MT103

When the final beneficiary of funds from the deal is a non BANK customer in T24 and the funds are
credited to a Nostro Account, MT103 is triggered. This message is sent to Nostro Account customer
which should be a BANK with valid SWIFT address in T24
MT 202

When the the final beneficiary of funds from a Forex deal is a BANK customer in T24 and the finds are
credited to a Nostro Account, MT202 is triggered. This message is sent to the Nostro Account
customer which should be a BANK with valid SWIFT address in T24
MT210

When the funds are debited to a Nostro Account for settlement of the currency bought in a Forex deal,
MT210 (Advice to Receive) is triggered and the same is addressed to the said Nostro Account
customer which should be a BANK with valid SWIFT address in T24.

Syndicated Loans

The Syndicated Loans Menu supports following SWIFT Messages

1) MT 643 Notice of Drawdown/Renewal

2) MT644 Advice of Rate and Amount Fixing
3) MT645 Notice of Fee Due
4) MT646 Payment of Principal and/or of Interest
5) MT690 Advice of Charges, Interest and Other Adjustments

MT643

MT643 is generated as 'Notice of Loan Drawdown', 'Actual Loan Drawdown' and at the time of
'Amendement to a Loan'. The first one is sent to the Participants, the second one to the borrower and
third one to both Participants and the Borrower. This is generated through the screen "Loan
drawdown", and the screen "Amend/Mature Loan". These messages are generated for Rollovers also,
generated through the screens "Rollover of Loans", "Merger of Loans" and "Splitting of Loans".

It is relevant only when the Customer/participant of the syndicated loan is a BANK customer with valid
SWIFT address.
MT644

MT644 is sent to the Participants and is generated through the screen "Participantwise Intt & Comm
Fee". This is also generated from the screens "Loan Drawdown" and "Rollover..", "Merger..." and
"Splitting..." screens, and is sent to the Borrower upon any rate change.

This message is sent to the BANK customer (with valid SWIFT address) who is specified in the field
‘Participant’
MT645

MT645 is a Notice of Fees Due. This message is sent to the Borrower two days before the ‘cmt fee
due date’ as defined in the Facility file through the screens "Facility Definition" and " Amend Facility".
MT646

MT646 is sent when there is a Payment of Principal or interest. This is a confirmation sent the
borrower and the Participants around schedule dates of repayment, as defined in the screen "Defining
Repayment"

MT690

This message is sent to the Borrower and Participant (with valid SWIFT address) upon collection of
commitment fee and is generated through the screen “Facility Definition” or “Amend Facility”