📉 SWIFT MT-769 – Advice of Reduction or Release
US Capital Private Bank Knowledge Base
MT‑769 is a SWIFT Category 7 message used by a guarantee-issuing bank (or the party obligated on an SBLC) to inform the advising bank or beneficiary that a part or the full amount of a previously issued Guarantee or Standby Letter of Credit has been reduced or released. fltctraining.com+11letterofcredit.biz+11LinkedIn+11LinkedIn+6Oracle Docs+6Swift+6
📘 What is MT‑769?
-
It advises the receiver of a reduction in or the complete release of liability under a previously issued Guarantee/SBLC, specifying the amount involved (e.g., Field 33B or 39C). letterofcredit.biz+1iotafinance.com+1
-
It informs that all or part of a guarantee amount is no longer in force — including any related issuer charges.
🧾 Typical Use Cases
-
✅ Release of partial funds under a guarantee after beneficiary claim or expiry.
-
✅ Notification of full cancellation of the guarantee/SBLC.
-
✅ Reconciliation between issuer and advising bank regarding outstanding liability. Trade Finance Global+13Oracle Docs+13Swift+13Oracle Docs+3LinkedIn+3letterofcredit.biz+3
⚙️ Message Structure & Key Fields
| Tag | Name | Format | Description |
|---|---|---|---|
| :20: | Transaction Reference Number | M | Unique ID for this MT‑769 |
| :21: | Related Reference | M | Reference of original MT‑760/Guarantee |
| :30: | Date of Reduction/Release | M | Date when liability changed |
| :33B: | Amount Reduced or Released (Currency + Amount) | O | Specifies the reduction amount |
| :39C: | Amount Specification | O | Alternative field for amount details |
| :57A: | Account With Institution | O | Issuing or advising bank info |
| :71B: | Details of Charges | O | Issuer’s charges allocation |
| :72: | Sender to Receiver Information | O | Free-format bank-to-bank instructions fltctraining.com+14letterofcredit.biz+14iotafinance.com+14Trade Finance Globaliotafinance.comTrade Finance Global |
-
Optional fields include :25: Account ID, :32a: Charges amount, :34B: Outstanding amount. letterofcredit.biz
🧾 Sample MT‑769 Format
🔐 Compliance & System Support
-
IT Integration: MT‑769 is supported in SWIFT-certified trade platforms (e.g., Surecomp DOKA). letterofcredit.biz+14dokasaas-support.surecomp.com+14iotafinance.com+14
-
Message Capacity: Supports long messages (up to 10,000 characters, including multiple reductions/releases). Trade Finance Global+1letterofcredit.biz+1
-
SWIFT Standards: Updated under SWIFT SR 2021, enhancing traceability of partial reductions and fund reconciliation. Trade Finance Global+2LinkedIn+2finastra.com+2
🔀 Comparison with Related Messages
-
MT‑767: Amend a Guarantee/SBLC (terms change only)
-
MT‑768: Acknowledge receipt of Guarantee message
-
MT‑769: Advise reduction or full release of liability
-
MT‑785: Non-extension notification Swift+11dokasaas-support.surecomp.com+11LinkedIn+11
✅ Best Practices
-
Use :21: to reference the original MT‑760 or Guarantee instruction.
-
Ensure correct :30: date for liability change.
-
Use only one of :33B or :39C for reduction amount.
-
Include :72: for reconciliation instructions where needed.
-
Review :71B: to properly allocate charges/fees.
📞 Contact Support
Need help creating or interpreting an MT‑769 message?
-
Email: [email protected]
-
Phone: +971 52 992 6005
-
Website: https://uscapitalprivatebank.com