MT990 — Advice of Charges (Cat 9)
Advice of monthly charges and interest on a cash management account. Cat 9 counterpart of MT190. Commonly used for nostro / corporate accounts.
Purpose
MT990 informs the account holder (corporate, other bank) about charges and interest applied during a period. Often issued alongside MT940 (monthly statement) to document charges and interest lines.
Block 4 structure
Identical to MT190. Tag :21: references the related MT940 / statement.
Real-world example
Citibank charges 125 USD monthly fees on ACME Corp USD account:
{1:F01CITIUS33XXXX0000000000}{2:I990ACMECORP0XXXN}{4:
:20:CMC260518001
:21:STM260430001
:32B:USD125,00
:71B:/COMM/MONTHLY ACCOUNT MAINTENANCE FEE
/INTC/CREDIT INTEREST PAID
:72:/REC/PERIOD: APRIL 2026
/ACC/USD8493729001
-}{5:{CHK:EFG012345678}}Common pitfalls
- No account reference — always indicate the account number in :72:.
- :21: does not reference the MT940 — loses the automatic reconciliation benefit with the statement.
- Imprecise :71B: codification — use
/COMM/,/INTC/,/CHRG/as appropriate.
MX equivalent
On SWIFTNet, MT990 is gradually replaced by inline notifications in camt.053 (Bank-to-Customer Statement) or camt.054 (Bank-to-Customer Debit Credit Notification).