Greater visibility and transparency over your international payments
Monex Pay gives you direct access to the MT103 for every one of your SWIFT payments made through our platform.
What is an MT103?
An MT103 is a standardised SWIFT payment message used specifically for cross border/international wire transfers.
MT103s are globally accepted as proofs of payment and include all payment details such as date, amount, currency, sender and recipient.
MT103s are also great for tracing payments which are missing or delayed because they show the route of the payment between the banks.
Once your payment has been released, you can retrieve your MT103 by logging into your Monex Pay account, selecting the Payments tab. the payment code the SWIFT MT103 message.
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