MT-TAG-26T

SWIFT MT field Transaction Type Code.

Definition

Tag 26T (Transaction Type Code) qualifies the transaction nature per local (regulatory) codes. Format 3!a. Examples: K90 (donation), N15 (loan repayment). Required by some FX regulations (Brazil, India).

Origin

Defined in the SWIFT Standards MT User Handbook, maintained by SWIFT SC in Brussels with annual update (November release).

Example in context

:26T:K90 — donation, code per BACEN.

Related terms

• MT 103 — message using 26T.