MT-TAG-77B

SWIFT MT field Regulatory Reporting.

Definition

Tag 77B (Regulatory Reporting) carries regulatory declarations: country code, payer or beneficiary residence, purpose code, regulatory authority. Format 3*35x. Used for cross-border payments under Banque de France or Bundesbank reporting.

Origin

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

Example in context

:77B:/ORDERRES/FR//PAYS DE RES — order residence France for the originator.

Related terms

• MT 103 — message using 77B.