What does the SWIFT MT999 option provide?
An account with the SWIFT MT999 capability allows bank-to-bank SWIFT electronic verification for Proof of Funds in the account, with no further comment. This SWIFT format is an appropriate message for a simple Proof of Funds communication and it is part of the Common Group of SWIFT formats providing a General Free Format for SWIFT messaging. There is a $1 million minimum account size for a SWIFT MT999, and additional costs apply. View MT999 example