MT754 with MT742
Posted: Fri Apr 09, 2021 11:36 am
For a transaction, Is it correct to send MT754 to issuing Bank and MT742 to Reimbursing Bank at the same time ?
Hi Pal,
the l/c instructions will guide you on the correct way. MT742 to claim the amount to the reimbursing bank, MT754 to pre-advise
the claimed amount to the issuing bank.(may be a MT799 could be more appropriated)
Other comments appreciated.
Ciao