Category 7: Documentary credits, guarantees and standby letters of credit
MT711 Advice of a Third Bank's or a Non-Bank's Documentary Credit
Written and maintained by ZagTrader. Last reviewed . How this page is sourced and checked
The MT711 carries the part of a documentary credit that does not fit in an MT710. An advising bank that passes a credit on to another advising bank sends the MT710 and then one or more MT711 messages with the remaining goods, documents, conditions and special payment conditions.
- Message type
- MT711
- Category
- 7
- Status
- In the current standard
- ISO 20022
- No direct equivalent
What MT711 is used for
The MT710 is used when the bank that received a credit from the issuing bank (or from a non-bank issuer) advises it to a second bank rather than directly to the beneficiary. When the credit text is long, the MT711 continues it, in the same way as the MT701 continues an MT700.
Field 20 is the sending bank’s own reference and field 21 the credit number given by the issuer, so the receiver can match the MT711 to the MT710 and to the original credit.
- Sent by
- The advising bank passing the credit on
- Sent to
- The second advising bank, usually the beneficiary’s bank
MT711 format: sequences and fields
Message text (block 4)Mandatory
No sequences. Field order as in SR 2025.
| Tag | Name | Status | Format | Meaning |
|---|---|---|---|---|
| 27 | Sequence of Total | M | 1!n/1!n | This message’s number in the series and the total, counting the MT710 as number 1. |
| 20 | Sender's Reference | M | 16x | The sending bank’s reference, the same as in the related MT710. |
| 21 | Documentary Credit Number | M | 16x | The credit number given by the issuing bank or non-bank issuer. |
| 45A | Description of Goods and/or Services | O | 100*65z | Further description of the goods or services, continuing field 45A of the MT710. |
| 46A | Documents Required | O | 100*65z | Further documents to be presented, continuing field 46A of the MT710. |
| 47A | Additional Conditions | O | 100*65z | Further conditions of the credit, continuing field 47A of the MT710. |
| 49G | Special Payment Conditions for Beneficiary | O | 100*65z | Further payment conditions to be passed on to the beneficiary. |
| 49H | Special Payment Conditions for Receiving Bank | O | 100*65z | Further payment conditions for the receiving bank only. |
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 in general use. Documentary credit messages in category 7 were not part of the November 2025 move of cross-border payment instructions to ISO 20022 and are still exchanged as MT on Swift.
All MT messages · Category 7 messages · ISO 20022 messages · Codes · Troubleshooting