SWIFT check0 / 1 answered · 0 correct
Check 1
Does MT760 always mean SBLC and never a demand guarantee?
Guarantee / Standby Messages: MT760, MT761, MT767
Understand the core SWIFT message family around independent undertakings.
MT760
MT760 is used to issue a demand guarantee or standby letter of credit and can also be used for counter-undertakings in the message scope.
Reviewed: September 2026Standards and bank policy can change.How MyGreed classifies proceduresOfficial-source directory
MT761
MT761 can continue guarantee/standby information when continuation is needed within the structured message family.
MT767
MT767 is used to amend a demand guarantee or standby letter of credit.
Read the form field
Because MT760 covers both demand guarantees and standbys, the message content/form of undertaking matters. Do not call every MT760 an SBLC automatically.
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 thisMT760 can carry a demand guarantee or SBLC; read the actual undertaking type and rules.
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