Citi Mini Series and Reference Guide Part 1

Treasury and Trade Solutions 01 How is an MT Structure Different From an MX structure? 02 XML Elements 03 XML Message Identifier Example 04 SWIFT MT versus ISO 20022 (MX): Key Concepts Mapping 05 ISO 20022 Key Concepts Example in pacs.008: Message Specification Components and Parties in a Message Table of Contents Scope of ISO 20022: Citi Mini Series and Reference Guide The Cross Border Payments & Reporting Group (CBPR+) defines how ISO 20022 will be used in Financial Institution to Financial Institution payments and reporting and advises on the standards for MX messaging across the SWIFT network. CBPR+ is comprised of many peer bank groups across countries around the world. CBPR+ guidelines are based on feedback received through these country working groups and brought together by the global working group. The guidelines are meant to ensure standardization across all MX messages. The following information is based on the CBPR+ guidelines. For additional details and information, please refer to the CBPR+ handbooks found on SWIFT myStandards.