📦 SWIFT MT‑106 – EDIFACT Envelope
US Capital Private Bank Knowledge Base
MT‑106 is a SWIFT Category 1 message used as an envelope for transmitting multiple EDIFACT financial payment instructions between financial institutions. It enables batch processing of multiple payment orders within a single message over the SWIFT network.
📘 What is MT‑106?
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Purpose:
Facilitates the secure transmission of multiple EDIFACT payment instructions bundled in one message. -
EDIFACT (Electronic Data Interchange for Administration, Commerce, and Transport):
An international EDI standard widely used for trade and financial communications. -
Role of MT‑106:
Acts as a container to carry several EDIFACT payment instructions securely over SWIFT.
⚙️ Message Structure & Key Fields
| Component | Description |
|---|---|
| Basic Header | SWIFT message identification and routing |
| EDIFACT Payment Instructions | Multiple bundled payment orders in EDIFACT format |
| Trailer | Message validation and checksum |
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MT‑106 supports the batch processing of payment orders, improving efficiency.
🧩 Features & Benefits
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Supports bulk transmission of multiple payment instructions in EDIFACT format.
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Enables automated and efficient processing of large payment batches.
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Combines SWIFT’s security with EDIFACT’s standardized messaging.
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Useful in trade finance, treasury, and cash management operations.
🔐 Compliance & Security
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Compliant with SWIFT network security and formatting standards.
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Ensures confidentiality and data integrity during transmission.
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Provides auditable trails for regulatory compliance.
✅ Best Practices
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Validate all EDIFACT payment instruction formats before packaging.
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Use accurate SWIFT BIC codes for proper message routing.
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Confirm batch contents and total amounts for accuracy.
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Monitor message delivery and processing confirmations.
📞 Contact US Capital Private Bank
📧 Email: customerservice@uscapitalprivatebank.com
🌐 Website: https://uscapitalprivatebank.com
📞 Phone: +971 52 992 6005
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