Tech Insights

MT202

Last updated , generated by Sumble
Explore more →

What is MT202?

MT202 is a SWIFT message type used for financial institutions to instruct the movement of funds from their account with another financial institution to the account of a beneficiary financial institution. It's a 'Funds Transfer' message, often used between banks to move money, especially when a cover payment is involved (where one bank pays another to cover a transaction).

What other technologies are related to MT202?

MT202 Competitor Technologies

MT103 is a SWIFT message type for single customer credit transfers, competing with MT202 which is for bank to bank transfers.
mentioned alongside MT202 in 71% (325) of relevant job posts

MT202 Complementary Technologies

MT202COV is a variation of MT202 used for cover payments related to other transactions. It complements MT202 because it extends the functionality.
mentioned alongside MT202 in 98% (56) of relevant job posts

Which organizations are mentioning MT202?

Organization
Industry
Matching Teams
Matching People

This tech insight summary was produced by Sumble. We provide rich account intelligence data.

On our web app, we make a lot of our data available for browsing at no cost.

We have two paid products, Sumble Signals and Sumble Enrich, that integrate with your internal sales systems.