Financial-institution transfer reader

MT202 and MT202 COV viewer

Inspect an institution transfer or cover payment without manually decoding every numbered field and correspondent-bank option.

  • Detects standard and cover flows
  • Reads references, amount and agents
  • Exports readable fields to Excel

3 free message actions every day - no account or card required

MT202 versus MT202 COV

MT202 carries a financial-institution transfer. MT202 COV supports the cover-payment method and includes underlying customer-transfer information so the institutions in the cover chain can identify the ordering customer and beneficiary.

Common fields

FieldPurpose
:20:Transaction reference
:21:Related reference
:32A:Value date, currency and amount
:52a:Ordering institution
:53a:–:57a:Correspondent and intermediary chain
:58a:Beneficiary institution
:50a: / :59a:Underlying customer parties in a cover flow
Operational review remains essential. Message variants, optional fields and network rules depend on the business flow and applicable SWIFT documentation.