Category 4: Collections and cash letters
MT499 Free Format Message
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MT499 is the category 4 Free Format Message. Banks use it for correspondence about collections business that no structured message covers, written as free text with a reference and an optional related reference.
- Message type
- MT499
- Category
- 4
- Status
- In the current standard
- ISO 20022
- No direct equivalent
What MT499 is used for
Category 4 has its own version of the free format message: field 79 may repeat, unlike the generic layout. For the purpose, the common fields and the risks of instructing by free format, see the generic page MTn99.
- Sent by
- Any bank
- Sent to
- Any bank
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 MT499 into the parser to see each field decoded with its tag, name and value.
ISO 20022
There is no ISO 20022 equivalent for free-format correspondence in general use.
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