Category 3: Foreign exchange, money markets and derivatives
MT365 Cross Currency Interest Rate Swap Termination/Recouponing Confirmation
Written and maintained by ZagTrader. Last reviewed . How this page is sourced and checked
The MT365 confirms that party A and party B have agreed to terminate, partially terminate or recoupon a cross currency interest rate swap. It is the cross currency counterpart of the MT364, and also corrects or cancels an earlier termination or recouponing confirmation.
- Message type
- MT365
- Category
- 3
- Status
- In the current standard
- ISO 20022
- No direct equivalent
What MT365 is used for
The swap was originally confirmed with an MT361. Because two currencies are involved, the MT365 carries the notional amounts and the settlement details in both currencies. Single currency swaps, caps, collars and floors use the MT364.
- Sent by
- Party A of the swap (or a party acting for it)
- Sent to
- Party B of the swap
Fields
This is a catalogue entry: the field-by-field structure is not shown here because we publish structures only where we have checked them against public sources. Paste an MT365 into the parser to see each field decoded with its tag, name and value.
ISO 20022
No ISO 20022 equivalent: Swift’s MT and MX equivalence table lists none for this message. Treasury messages in category 3 were not part of the CBPR+ migration of cross-border payment instructions and remain MT messages on Swift.
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