answersLogoWhite

0

MT799 and MT860 are both types of SWIFT messages used in financial transactions. MT799 is a free-format message typically used for communication between banks regarding the details of a transaction, often serving as a pre-advice or confirmation of intent. In contrast, MT860 is a specific message type used to request the transfer of funds, particularly in the context of cash management. Essentially, MT799 is for communication, while MT860 is for executing transactions.

User Avatar

AnswerBot

2w ago

What else can I help you with?