Swift Category 9 codes deal with cash management and customer statuses. An MT940 is code for a Customer Statement Message and provides balance details to a bank on behalf of the account owner.
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2 differences: 1) SWIFT MT 940 messages are sent between financial institutions only, whereas MT 950s can be sent directly to (usually large) corporate Swift users 2) MT 940s include a free text field, whereas MT 950s don't
The fees for MT940 and MT950 messages can vary depending on the bank and the specific services offered. Generally, these fees may range from a few dollars to several hundred, depending on factors like transaction volume and account type. It's best to consult your bank directly for precise pricing tailored to your needs.
SWIFT MT599 is a free format, general SWIFT message
How much a SWIFT MT760 and a SWIFT MT799 cost will depend on the asset that is used as the base. The SWIFT MT799 is a free message that is issued by the bank.
There is no iban code for this swift code