Category 6: Commodities and reference data
MT605 Commodity Notice to Receive
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The MT605 announces an incoming commodity. The owner of a commodity account, or its authorised agent, sends it to the account servicing institution to say that a quantity of a commodity will arrive, by book entry or physical delivery, and is to be held for or credited to its account.
- Message type
- MT605
- Category
- 6
- Status
- In the current standard
- ISO 20022
- No direct equivalent
What MT605 is used for
It is the receiving counterpart of the MT604. The first part names the commodity, the account to be credited and the value date; the repetitive part (one to ten occurrences) gives the quantity, bar numbers and the party delivering the commodity in field 87a, which is mandatory here.
A notice lets the account servicer match an incoming delivery or transfer before it books it. Once the commodity is received, the servicer confirms the booking with an MT607 credit advice and the entry appears in the MT608 statement.
- Sent by
- The commodity account owner or its authorised agent
- Sent to
- The institution that services the commodity account
MT605 format: sequences and fields
Common detailsMandatory
Applies to every notice in the message.
| Tag | Name | Status | Format | Meaning |
|---|---|---|---|---|
| 20 | Transaction Reference Number | M | 16x | The Sender’s own reference for the commodity transaction. It must not start or end with a slash or contain two slashes together. |
| 26C | Identification of the Commodity and the Commodity Account | M | [3!a]/15x/5!a4!a[4x][//8x] | The commodity to be received and the account to be credited, with delivery details, location, allocated or unallocated, and the commodity or coin code. |
| 25 | Further Account Identification | O | 35x | More detail on the commodity account to be credited. |
| 30 | Value Date | M | 6!n | The date, as YYMMDD, on which the commodity is to be received. |
| 72 | Sender to Receiver Information | O | 6*35x | Further information for the Receiver that applies to the whole message. |
Notice detailsMandatory, repeatable
Present at least once and at most ten times (network validated rule).
| Tag | Name | Status | Format | Meaning |
|---|---|---|---|---|
| 21 | Related Reference | M | 16x | The reference of the transaction this notice relates to. |
| 23 | Further Identification | M | 16x | Whether the commodity will arrive by physical delivery (DELIVERY) or by book-entry transfer (TRANSFER). |
| 26D | Certificate Number(s) and/or Bar Number(s) | O | 30*65x | The bar or certificate numbers of the commodity to be received. |
| 32F | Quantity of the Commodity | M | 3!a15d | The unit and quantity of the commodity to be received. |
| 82a | Instructing PartyOptions A, B or D | O | A: [/1!a][/34x] 4!a2!a2!c[3!c] B: [/1!a][/34x] [35x] D: [/1!a][/34x] 4*35x | The party that ordered the commodity to be moved to the Receiver, when it is not the Sender. |
| 86a | IntermediaryOptions A, B or D | O | A: [/1!a][/34x] 4!a2!a2!c[3!c] B: [/1!a][/34x] [35x] D: [/1!a][/34x] 4*35x | An intermediary institution in the chain through which the commodity moves. |
| 87a | Deliverer of the CommodityOptions A, B or D | M | A: [/1!a][/34x] 4!a2!a2!c[3!c] B: [/1!a][/34x] [35x] D: [/1!a][/34x] 4*35x | The party from which the commodity will be delivered or transferred to the Receiver. |
| 88a | Beneficiary of the CommodityOptions A, B or D | O | A: [/1!a][/34x] 4!a2!a2!c[3!c] B: [/1!a][/34x] [35x] D: [/1!a][/34x] 4*35x | The party for which the Sender acts as authorised agent, where that applies. |
| 72 | Sender to Receiver Information | O | 6*35x | Further information that applies only to this notice. |
Format notation: n digits, a upper-case letters, c upper-case letters and digits, x any character of the Swift character set, d a decimal number with a comma, ! fixed length, [ ] optional, 4*35x up to 4 lines of 35 characters. M mandatory, O optional, C conditional (a rule decides).
ISO 20022
No ISO 20022 equivalent: Swift’s MT and MX equivalence tables list none for the category 6 commodity messages. Category 6 was not part of the November 2025 move of cross-border payment instructions to ISO 20022, so the message is still exchanged as MT on Swift.
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