SWIFT check0 / 1 answered · 0 correct
Check 1
Which message is commonly used to amend a documentary credit?
Documentary Credit Messages: MT700, 701, 705, 707
See how issuance, continuation, pre-advice and amendment fit together.
MT700
MT700 is used for issuance of a documentary credit. It carries structured credit terms such as parties, amount, shipment, documents, conditions and availability.
Reviewed: September 2026Standards and bank policy can change.How MyGreed classifies proceduresOfficial-source directory
MT701
MT701 can continue documentary-credit information when additional fields/text are required in the message sequence.
MT705
MT705 is a formal Pre-Advice of a Documentary Credit. It should not be confused with a Word/PDF draft circulated for wording review.
MT707
MT707 is used for an amendment to a documentary credit. An amendment changes the credit only according to the applicable rules and acceptance requirements.
Source / standards noteSWIFT standards evolve through standards releases. This page teaches message purpose and common concepts; banks should use the current official message specification for live traffic.
Remember thisIssue, continuation, pre-advice and amendment are different message functions.
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