Forfaiting and MT 942: Difference between pages

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A process of purchasing a negotiable instrument without recourse to previous holders, the credit of the negotiable instrument normally having been strengthened by the additional of an aval.
''SWIFT.''


== See also ==
An MT 942 (or MT942) is a standard structured SWIFT message.
* [[Aval]]
* [[Bill of exchange]]
* [[Negotiable instrument]]
* [[Promissory note]]
* [[Recourse]]
* [[Without recourse]]


It is an intraday bank statement file which details all entries booked to bank account.
==See also==
* [[Extensible markup language]]  (XML)
*[[MT940]]
*[[SEPA]]
*[[Society for Worldwide Interbank Financial Telecommunications]] (SWIFT)
[[Category:Cash_management]]
[[Category:Technology]]

Revision as of 05:51, 27 June 2022

SWIFT.

An MT 942 (or MT942) is a standard structured SWIFT message.

It is an intraday bank statement file which details all entries booked to bank account.


See also