Damn the remitting bank.
MT202 Bank positions allocation between message formats, there is no beneficiary name and account information, billing row nature cannot be recorded.
Remittance format for MT103 were bank customers, the sender, payee name and account information, payee account can be credited to the payee.
Domestic bank transfer, general use of the so-called "indirect remittances", only an MT103 messages for their own account, selected by the account payee account and allocation of funding positions, it is possible when billing receipt of MT103 message, position not to fund accounts and not to the customer account, but has now basically can do the following day to the account (USD).
"Strait pass" name, such as direct remittances, MT103, MT202 and messages both sent messages, MT103 indicates to the accounts receivables and the payee name and account number, and so while MT202 indicate account allocation of funds to the payee account line positions, speeds faster than indirect remittances.
India Bank gathered is the master, MT202 only, don't know what should be the mistakes.
By the way, such as letters of credit, collection, Bank through MT202 payment, by the Bank according to the business number in a message to what is the difference between a customer's money. Sometimes MT202 error reference payment row or missing information in the message transmission process, beneficiary bank cannot smoothly into customer accounts, so often not clearing MT202 remittances to operate line "claim", if such information can tell, can solve the problem, solve, need supplementary information or return of the remitting bank remittance row allocation again.
Landlord said only an MT202 customer remittances, requires the remitting bank to add payee name and account information, if not done, only returned to the meeting.
[ Last edited by sneer at 2009-9-7 this post ]