MT 305

FIN Category 3 message, vanilla FX option confirmation.

Definition

MT 305 covers simple FX options (call/put, European or American). It states style and direction via field 12 (message/option type), the underlying currency and amount, the strike (field 36), expiry date, delivery date and premium. Exotic options are handled by MT 306.

Origin

Defined in the SWIFT FIN User Handbook, Category 3 — Treasury Markets, Foreign Exchange, Money Markets and Derivatives, maintained by SWIFT.

Example in context

:20:FXOPT4455
:12:CALL
:22:NEWT/FXOP
:30:20260620
:31C:20260620
:31G:20261220/1230/LDNN

Related terms

• MT 300 — spot or forward FX confirmation.