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SWIFT MT-769 – Advice of Reduction or Release

📉 SWIFT MT-769 – Advice of Reduction or Release

US Capital Private Bank Knowledge Base

MT‑769 is a SWIFT Category 7 message used by a guarantee-issuing bank (or the party obligated on an SBLC) to inform the advising bank or beneficiary that a part or the full amount of a previously issued Guarantee or Standby Letter of Credit has been reduced or released. fltctraining.com+11letterofcredit.biz+11LinkedIn+11LinkedIn+6Oracle Docs+6Swift+6


📘 What is MT‑769?

  • It advises the receiver of a reduction in or the complete release of liability under a previously issued Guarantee/SBLC, specifying the amount involved (e.g., Field 33B or 39C). letterofcredit.biz+1iotafinance.com+1

  • It informs that all or part of a guarantee amount is no longer in force — including any related issuer charges.


🧾 Typical Use Cases


⚙️ Message Structure & Key Fields

Tag Name Format Description
:20: Transaction Reference Number M Unique ID for this MT‑769
:21: Related Reference M Reference of original MT‑760/Guarantee
:30: Date of Reduction/Release M Date when liability changed
:33B: Amount Reduced or Released (Currency + Amount) O Specifies the reduction amount
:39C: Amount Specification O Alternative field for amount details
:57A: Account With Institution O Issuing or advising bank info
:71B: Details of Charges O Issuer’s charges allocation
:72: Sender to Receiver Information O Free-format bank-to-bank instructions fltctraining.com+14letterofcredit.biz+14iotafinance.com+14Trade Finance Globaliotafinance.comTrade Finance Global
  • Optional fields include :25: Account ID, :32a: Charges amount, :34B: Outstanding amount. letterofcredit.biz


🧾 Sample MT‑769 Format

swift
CopyEdit
{1:F01ISSUERBICXXXX0000000000} {2:I769ADVISORBICXXXXN} {4: :20:REF769USCPB001 :21:REF760LC12345678 :30:250716 :33B:USD250000, :39C:USD750000, // New liability amount :57A:ADVISORBANKXX :71B:ALL CHARGES FOR ISSUER'S ACCOUNT :72:/ACC/123456789 //Use this for reconciliation reference }

🔐 Compliance & System Support


🔀 Comparison with Related Messages


✅ Best Practices

  1. Use :21: to reference the original MT‑760 or Guarantee instruction.

  2. Ensure correct :30: date for liability change.

  3. Use only one of :33B or :39C for reduction amount.

  4. Include :72: for reconciliation instructions where needed.

  5. Review :71B: to properly allocate charges/fees.


📞 Contact Support

Need help creating or interpreting an MT‑769 message?

Banking platform registration: To help us serve you more efficiently, please complete your U.S. Capital Private Bank banking platform registration and account-opening profile at https://uscapitalprivatebank.com at your earliest convenience, where applicable.

The CRM Portal at https://www.uscapitalprivatebank.com/crm is used for communication, support tickets, service coordination, and status follow-up. The banking platform provides the secure account environment needed for onboarding, document verification, account setup, transaction preparation, and more organized client service.

Registration does not guarantee approval, funding, transaction completion, instrument issuance, compliance clearance, or activation of any banking service. All services remain subject to review, documentation, verification, compliance screening, internal approval, and applicable banking procedures.

Banking platform reminder: The CRM Portal is used for communication, support, and service coordination. For secure onboarding, document verification, account setup, transaction preparation, and more efficient client service, please also register on the U.S. Capital Private Bank banking platform at www.uscapitalprivatebank.com as soon as your CRM Portal registration is complete.

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