MT103 Formatting Requirements

M

20

Sender’s Reference

16x

According to SWIFT standards

M

23B

Bank Operation Code

4!c

CRED

O

23E

Instruction Code

4!c[/30x]

According to SWIFT standards

C

26T

Transaction Type Code

3!c

Mandatory if the agreement between PKO BP and sending bank, otherwise - blank

M

32A

Value Date/
Currency/
Interbank Settled Amount

6!n3!a15d

According to SWIFT standards
PKO BP does not accept backward Value Dates!

C

33B

Currency/Instructed Amount

3!a15d

According to SWIFT standards

C

36

Exchange Rate

12d

According to SWIFT standards

M

50A

or

Ordering Customer

1.Line Account number

2.Line Code BIC/BEI

According to SWIFT standards

Account number only in IBAN or in BBAN format (for domestic payments).
In case of lack of IBAN or BBAN format PKO BP reserves itself the rights to make investigation in order to obtain an account number as well as to charge with additional investigation fee.

The Name of ordering customer is required.
In case of lack of ordering customer’s IBAN or BBAN ordering customer’s full name and address is required.
In case of lack of a/m information that identifies ordering customer, PKO BP reserves the rights to cancel the payment order and deduct its charges from the returned amount.

50K

1.LineAccount number
2-5.Linename and address of ordering customer

C

52A

or

Ordering Institution

1.LineAccount number
2.Line Code BIC

According to SWIFT standardsPreferred option “A”

52D

1.LineAccount number
2-5.Linename and address of ordering institution

C

53A

or

Sender’s Correspondent

1.LineAccount number
2.Line Code BIC

According to SWIFT standards
If fulfilment of the field is mandatory:
  - option A or
  - option B or D with indication of PKO BP’s Nostro/Loro account number, is required.
In case of option B or D without Nostro/Loro account number PKO BP charges NON-STP fee.
In case of incorrect data concerning correspondent bank, PKO BP reserves itself the rights to return the payment order and deduct its charges from the returned amount.

53B

or

1.LineAccount number
2.Line location

53D

1.LineAccount number
2-5. LineName and address

C

54A

or

Receiver’s Correspondent

1.LineAccount number
2.Line Code BIC

According to SWIFT standards
If fulfilment of the field is mandatory:
  - option A or
  - option B or D with indication of PKO BP’s Nostro/Loro account number, is required.
In case of option B or D without Nostro/Loro account number PKO BP charges NON-STP fee.
In case of incorrect data concerning correspondent bank PKO BP reserves itself the rights to return payment order and deduct its charges from the returned amount.

54B

or

1.Line-Account number
2.Line- location

54D

1.Line-Account number
2-5. Line-Name and address

C

55A

or

Third Reimbursement Institution

1.LineAccount number
2.Line Code BIC

According to SWIFT standards
If fulfilment of the field is mandatory:
  - option A or
  - option B or D with indication of PKO BP Nostro/Loro account number, is required.
In case of option B or D without Nostro/Loro account number PKO BP charges NON-STP fee.
In case of incorrect data concerning correspondent bank PKO BP reserves itself the rights to return payment order and deduct charges from the returned amount.

55B

or

1.Line Account number
2.Line location

54D

1.Line Account number
2-5. Line Name and address

O

56A

or

Intermediary Institution

1.Line Account number
2.Line code BIC

According to SWIFT standards
If fulfilment of the field is required it should be filled in only with option “A”

56C

or

1.Line-Account number

56D

1.Line-Account number
2-5. Line-Name and address

C

57A

or

Account With Institution

1.LineAccount number
2.Line code BIC

If the payment order is intended for other domestic bank field 57 should be filled in only with option A, otherwise NON-STP fee is applied.

Payments intended for PKO BP’s customers:
  - field 57 can be blank or
  - filled in with option “A” or
  - option B, C or D with indication of PKO BP’s branch clearing number (8 digits always starting with “102”)
Note!
PKO BP intermediates in execution of cross-border payment (in EUR and in other currencies of EU countries) in favour of other domestic bank according to special agreement between PKO BP and sending institutionStarting with 1 st July, 2006 cross-border payment in favour of other domestic bank’s customer will be executed exclusively on base of the mutual agreement. In a case of lack of such agreement cross-border payment will be returned.

57B

or

1.Line Account number
2.Line location

57C

or

1.Line Account number

57D

1.Line Account number
2-5. LineName and address

M

59A
or no letter option

Beneficiary Customer

1.Line Account number
2.Line Code BIC/BEI

According to SWIFT standards
In an account line exclusively beneficiary’s account number  in IBAN or BBAN format.
PKO BP’s customer If an account number is incorrect or given in other than IBAN or BBAN format – PKO BP returns payment and reserves itself the rights to deduct charges from the returned amount.

Note!:
PKO BP executes payment order containing beneficiary’s account number exclusively on base of identification of beneficiary’s account number in IBAN or BBAN format.

In case of lack of beneficiary’s account number, payment order may be executed by PKO BP on base of bic code of PKO BP or PKO BP’s branch clearing number indicated in field 57 and provided that full beneficiary’s identification data are given in payment order. This possibility concerns only private individuals

Customer of other bank Payment order in PLN currency in favour of other bank’s customer is executed by PKO BP provided that payment order contains correct account number in IBAN or BBAN format, otherwise the payment order will be returned and the charges will be deducted from the returned amount .

In case a payment order is in other than PLN currency, it will be sent to beneficiary bank provided that beneficiary bank is unambiguously given in field 57 of the payment order. If beneficiary bank is given in other option than option A – PKO BP charges NON-STP fee.
Note!
PKO BP acts as an intermediary for cross-border payments according given information for field 57.

The name of beneficiary is required.
In case of lack of beneficiary’s account number the full name and address of beneficiary is required.
When beneficiary’s identification data is missed, PKO reserves itself the rights to return payment order and deduct charges from the returned amount

59

1.Line Account number
2-5. Line Name and address

O

70

Remittance Information

4*35x

According to SWIFT standards

M

71A

Details of Charges

3!a

OUR/SHA/BEN

C

71F

Sender’s Charges

3!a15d

According to SWIFT standards
Mandatory if BEN in 71A.
Optional if SHA in 71A

C

72

Sender to Receiver Information

6*35x

Required exclusively when bilateral agreement with PKO BP.
PKO BP does not forward to other domestic banks information indicated in this field in case of execution of the payment order through domestic clearing systems in PLN or in EUR currency.