logo
Courses Blog About Login

Part 1: Beginner's Guide - SWIFT Message Types - MT and MX ISO 20022

Begin your Payments Domain journey with Basics of Payments | SWIFT MT/ MX Payment Message Types with examples | SWIFT GPI

Lifetime Validity

Certificate of Completion

English with Subtitle

Ideal For

  • Business Analysts and Consultants of Payments Domain
  • Beginners and Aspirants of Payments Domain

⚡Our courses are used by Multinational Banks and IT Companies to train their employees

TESTIMONIALS

"Explanation is awesome. Easily understandable. Almost explained in a leman language to understand better."

by Prudhvi Raj RVS

"This is the best course I have ever encounter and also I enjoy how she explain the key words"

by Emmanuel Agyapong

$12.99

$20

What you will learn

Basics of Payment Systems, Basics of SWIFT Messages, SWIFT Code, SWIFT FIN and GPA

SWIFT MT Message Structure, Categories and Guidelines

MT 103 Serial and Cover Method with message examples

MT Category 2 and Category 9 Messages

SWIFT MT to MX Migration

SWIFT ISO 20022 MX PACS, PAIN, CAMT message types with message flows


Detailed Curriculum

$12.99

$20

This course includes

2 hours on-demand video

Practice Test with 70+ questions

8 Case Studies/ Assignments

Q/A Support to clear doubts

Access on web and mobile and Android App


Certificate of Completion

This course is very informative and can be used for revision/new learning in payment domains. It has helped my a lot to clear lot of doubts. Kudos to the trainer for making it so simple and easy to understand.

by Sujoy Sanyal

$12.99

$20

More details about the course

6 Modules      |    18 Sessions     |    1 hour 51 min 53 sec Total Time

Are you someone who is new to the payments domain?

Are you struggling to find knowledge that will guide you starting right from the very basics of payments to the world of SWIFT messaging, what it is and its ways of functioning?

Do you want to understand the SWIFT payment messages along with the structures, fields and flows with message examples?

Do you want to understand what ISO 20022 MX messages are? Why is SWIFT migrating from MT to MX? Learn the structures, functions and flows of ISO 20022 MX messages?

Then this course is for you!!

$12.99

$20

What will you get out of this course?

  1. Get the foundation to handle products, services, consultancy related to SWIFT MT and MX messages
  2. Get the foundation to handle SWIFT MT to MX Migration
  3. Be confident using MT 103 (Serial and Cover), MT 202, MT 900/910 and other payment related messages
  4. Be updated with the latest offerings of SWIFT like GPI, GPI Instant, Payment Pre-validation, Case Resolution, Stop and Recall
  5. Test your knowledge with practice test and assignments

$12.99

$20

Who is this course for?

  1. Business Analysts and Consultants of Payments Domain
  2. Aspirants of Payments Domain

Why should you enroll to this course?

This course is meant to give an holistic idea of payments and SWIFT.

It begins from the basics of SWIFT and how the payment system works. It then gradually explains the important SWIFT MT messages, the use of SWIFT GPI and finally gives an overview of the latest development in SWIFT - ISO 20022 MX messages. It explains what is the need for ISO 20022 MX messages, the changes that you will notice and the flow of PACS, PAIN and CAMT messages.

This tutorial is meant for anyone new in the payments domain or anyone who want to know the basics and the latest developments in SWIFT before going to deeper understanding.

This includes examples of SWIFT messages and explanations of important fields. It shows the flow of the messages between banks visually so that its easier to understand and remember. This includes practice test to help you evaluate your learnings too.

$12.99

$20

What this course covers?

Basics

  1. What is SWIFT and SWIFTNet
  2. Understanding SWIFT Code or Business Identifier Code(BIC)
  3. What are SWIFT FIN and GPA Messages
  4. Structure of SWIFT MT Messages
  5. Categories of FIN messages and Message naming conventions
  6. What are SWIFT Rules and Guidelines

Overview of Payment Systems

  1. Understanding payment systems (Clearing, Settlement and Messaging)
  2. Understanding correspondent accounts and RMA

MT Message Types and Miscellaneous Information

  1. MT Category 1 message type - Customer Payments and Cheques with MT 103 Serial and Cover Methods
  2. MT Category 2 message type - Financial Institution Transfers
  3. MT Category 9 message type - Cash Management and Customer Status
  4. SWIFT GPA Messages
  5. Possible Duplicate Emission and Possible Duplicate Message and Message Retrieval

SWIFT GPI

  1. SWIFT GPI (Global Payments Innovation)
  2. Latest Services and Products by SWIFT

ISO 20022 MX Messages

  1. Why the need of ISO 20022 MX Messages
  2. Three layers of MX Messages
  3. MT to MX migration - the changes happening
  4. Overview of PAIN (Payment Initiation) Messages
  5. Overview of PACS (Payments Clearing and Settlement) Messages
  6. Overview of CAMT (Cash Management) Messages

Practice Test 

$12.99

$20

Course Curriculum

$12.99

$20

You may also be interested in

ISO 20022 SWIFT MX Messages | 2-in-1 Course Package

Advanced Guide - ISO 20022 SWIFT MX Messages

Launch your GraphyLaunch your Graphy
100K+ creators trust Graphy to teach online
BankON 2025 Privacy policy Terms of use Contact us Refund policy