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SWIFT 15022

SWIFT 15022 Messaging

The ISO 15022 based SWIFT messages will help automate complex corporate actions such as mergers, name changes, stock splits, dividends, etc. It provides a standard for how information is exchanged and processed.

The benefits of SWIFT 15022 is automation, which results in reduction of risk and cost, and Straight Through Processing (STP).

Message Number Usage
MT 564 Notification
MT 565 Instruction
MT 566 Confirmation
MT 567 Status and processing advice
MT 568 Narrative

References:
1. Corporate Actions Automation, Mandar Joshi

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