Category 9: Cash management and customer status
MT973 Netting Request Message
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The MT973 is a request to a netting system. A financial institution sends it to ask for an MT971 netting balance report, an MT972 netting interim statement or an MT998 proprietary message with the latest information available.
- Message type
- MT973
- Category
- 9
- Status
- In the current standard
- ISO 20022
- No direct equivalent
What MT973 is used for
Each repetition names the message wanted (field 12) and the netting position (field 25). It works like the MT920 does for account statements.
- Sent by
- A financial institution subscribed to the netting system
- Sent to
- The netting system
MT973 format: sequences and fields
Message headerMandatory
| Tag | Name | Status | Format | Meaning |
|---|---|---|---|---|
| 20 | Transaction Reference Number | M | 16x | The sender’s reference for the request. |
Request detailsMandatory, repeatable
Repeats once per netting position and message requested.
| Tag | Name | Status | Format | Meaning |
|---|---|---|---|---|
| 12 | Message Type | M | 3!n | The message wanted, for example 971 or 972. |
| 25 | Account Identification | M | 35x | The netting position the information is requested for. |
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
There is no direct ISO 20022 equivalent in general use for the netting request.
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