📉 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?
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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
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It informs that all or part of a guarantee amount is no longer in force — including any related issuer charges.
🧾 Typical Use Cases
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✅ Release of partial funds under a guarantee after beneficiary claim or expiry.
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✅ Notification of full cancellation of the guarantee/SBLC.
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✅ Reconciliation between issuer and advising bank regarding outstanding liability. Trade Finance Global+13Oracle Docs+13Swift+13Oracle Docs+3LinkedIn+3letterofcredit.biz+3
⚙️ 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 |
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Optional fields include :25: Account ID, :32a: Charges amount, :34B: Outstanding amount. letterofcredit.biz
🧾 Sample MT‑769 Format
🔐 Compliance & System Support
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IT Integration: MT‑769 is supported in SWIFT-certified trade platforms (e.g., Surecomp DOKA). letterofcredit.biz+14dokasaas-support.surecomp.com+14iotafinance.com+14
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Message Capacity: Supports long messages (up to 10,000 characters, including multiple reductions/releases). Trade Finance Global+1letterofcredit.biz+1
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SWIFT Standards: Updated under SWIFT SR 2021, enhancing traceability of partial reductions and fund reconciliation. Trade Finance Global+2LinkedIn+2finastra.com+2
🔀 Comparison with Related Messages
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MT‑767: Amend a Guarantee/SBLC (terms change only)
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MT‑768: Acknowledge receipt of Guarantee message
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MT‑769: Advise reduction or full release of liability
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MT‑785: Non-extension notification Swift+11dokasaas-support.surecomp.com+11LinkedIn+11
✅ Best Practices
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Use :21: to reference the original MT‑760 or Guarantee instruction.
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Ensure correct :30: date for liability change.
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Use only one of :33B or :39C for reduction amount.
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Include :72: for reconciliation instructions where needed.
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Review :71B: to properly allocate charges/fees.
📞 Contact Support
Need help creating or interpreting an MT‑769 message?
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Phone: +971 52 992 6005
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Website: https://uscapitalprivatebank.com
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.
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