# MT103 Explained

An MT103 is a standardized SWIFT (Society for Worldwide Interbank Financial Telecommunication) payment message used specifically for cross-border or international wire transfers. It is a globally-accepted proof of payment that includes all the necessary payment details like payment date, amount, currency, sender, and recipient.

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**Note:** Please keep in mind the limitations when [withdrawing with an intermediary bank](https://help.impact.com/partner/what-would-you-like-to-learn-about/platform-features/finance/payments-withdrawals-and-balance/limitations-of-withdrawals-via-intermediary-banks).
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#### What should I do with the MT103?

The MT103 confirms that the payment was sent. **It is the only proof of payment impact.com can provide**. As the beneficiary of the payment, you can take the MT103 information to your bank, which will need to utilize the provided information to assist them with locating your funds.

* See the *MT103 format* section below for a breakdown of the information found in an MT103.

<details>

<summary>MT103 format</summary>

| Line           | Description                          | Example                                         |
| -------------- | ------------------------------------ | ----------------------------------------------- |
| 20             | Transaction reference number         | `:20:GB123456ABCD21C1`                          |
| 23B            | Bank operation code                  | `:23B:CRED`                                     |
| 32A            | Value date & currency & amount       | `:32A:220113ZAR15000,05`                        |
| 33B            | Currency & original ordered amount   | `:33B:ZAR15000,05`                              |
| 50A, F or K    | Paying customer - Name & Address     | `:50K:P SHERMAN 42 WALLABY WAY SYDNEY 2000,AUS` |
| 52A or D       | Ordering bank                        | `:52A:AAYBAU2S`                                 |
| 53A, B or D    | Sender's correspondent bank          | `:53B:12345678901`                              |
| 54A, B or D    | Receiver's correspondent bank        | `:54A:BL20070000`                               |
| 56A, C or D    | Intermediary (bank)                  | `:56A:CP0103`                                   |
| 57A, B, C or D | Account with Institution (your bank) | `:57A://SC400515`                               |
| 59 or 59A      | Beneficiary Customer - 4x35          | `:59:/12345678 ACME HOLLYWOOD, CA`              |
| 70             | Remittance information               |                                                 |
| 71A            | Details of charges (OUR/SHA/BEN)     | `:71A:SHA`                                      |
| 72             | Sender to receiver information       | `:72:/INS/PMT LEGAL FEES //SYDNEY BRANCH`       |
| 77B            | Regulatory reporting                 | `:77B:PURPOSE:SUPP`                             |

</details>

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**Note:** impact.com isn't a financial institution and doesn't have access to global banking data. For help locating your payout funds, reach out directly to your bank with your MT103 information.
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