What is an MT799?
MT799 is a simple text message, sent bank to bank. This is used
for a bank to bank proof of funds, only. The MT799 is not a form of
payment and it is not a bank undertaking or promise to pay. It is
simply a bank to bank confirmation of the funds on deposit, nothing
more.
Different formats may include bank letters, phone/fax
verification, online account access, verification of deposit form
(VOD), bank to bank Swift, Certificates of Deposit (CD's) and/or
account statements.
If you have any question about MT799 or about SWIFT feel free to
drop by at mccall.ted@gmail.com