Canada Flag Skip the navigation menu and go directly to page content Financial Transactions Reports Analysis Centre of Canada - Centre d'analyse des opérations et déclarations financières du CanadaCanada

 


  		 
Français Contact Us Help Search Canada Site
Home What's New FAQ Links Publications
Reporting The Act Regulations Guidelines Who We Are
Career
Back to Guideline 8B  

Appendix 1: Contents of SWIFT Electronic Funds Transfer Reports


    Appendix 1A: Contents of an Outgoing SWIFT Message EFT Report
    Appendix 1B: Contents of an Incoming SWIFT Message Report



Appendix 1A: Contents of an Outgoing SWIFT Message EFT Report

This Appendix lists the requirements for an outgoing SWIFT message EFT report based on the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations. The mandatory information is shown by an asterisk (*).

For instructions about completing and sending these reports by batch, and for more information about the content of SWIFT tags, see the document called SWIFT format EFT Transactions – Batch Reporting Instructions and Specification.

PART A - Information about the transaction

  1. Time of processing of the transaction (see Tag :13C: in the SWIFT message)
  2. *Value date (see Tag :32A: in the SWIFT message)
  3. *Amount of the EFT (see Tags :32A: and :33B: in the SWIFT message)
  4. *Currency of the EFT (see Tags :32A: and :33B: in the SWIFT message)
  5. Exchange rate (see Tag :36: in the SWIFT message)
  6. Transaction type code (see Tag :26T: in the SWIFT message)

PART B - Information about the client ordering the EFT

  1. *Client's full name (see Tag :50: in the SWIFT message)
  2. *Client's full address (see Tag :50: in the SWIFT message)
  3. *Client's account number, if applicable (see Tag :50: in the SWIFT message)

PART C - Information about the individual or entity sending the EFT

  1. *Bank identification code (BIC) or full name and address of the individual or entity sending the payment instructions for the EFT (see Tag :51A: and the basic header in the SWIFT message as well as the FINTRAC header required for each batch report)

PART D - Information about the individual or entity ordering an EFT on behalf of a client (if applicable)

  1. *Bank identification code (BIC) or full name and address of the ordering institution (if applicable) (see Tag :52: in the SWIFT message)

PART E - Information about the sender's correspondent (if applicable)

  1. *Bank identification code (BIC) or full name and address of the individual or entity (other than the sender) acting as reimbursement bank for the sender of the EFT (if applicable) (see Tag :53: in the SWIFT message)

PART F - Information about the receiver's correspondent (if applicable)

  1. *Bank identification code (BIC) or full name and address of the individual or entity acting as reimbursement bank for the receiver of the EFT (if applicable) (see Tag :54: in the SWIFT message)

PART G - Information about the third reimbursement institution (if applicable)

  1. *Bank identification code (BIC) or full name and address of the EFT receiver's branch, if the funds are made available to the receiver’s branch through a financial institution other than the sender's correspondent (if applicable) (see Tag :55: in the SWIFT message)

PART H - Information about the intermediary institution (if applicable)

  1. *Bank identification code (BIC) or full name and address of the financial institution through which the transaction must pass (the financial institution between the receiver and the financial institution where the account is held) (if applicable) (see Tag :56: in the SWIFT message)

PART I - Information about the beneficiary customer account institution (if applicable)

  1. *Bank identification code (BIC) or full name and address of the financial institution that services the account for the beneficiary customer (if this financial institution is not the receiver) (if applicable) (see Tag :57: in the SWIFT message)

PART J - Information about the individual or entity receiving the EFT

  1. *Bank identification code (BIC) or full name and address of the individual or entity receiving the payment instructions (see the application header in the SWIFT message)

PART K - Information about the client to whose benefit payment is made

  1. *Client's full name (see Tag :59: in the SWIFT message)
  2. *Client's full address (see Tag :59: in the SWIFT message)
  3. *Client's account number, if applicable (see Tag :59: in the SWIFT message)

PART L - Additional payment information

  1. Remittance information (see Tag :70: in the SWIFT message)
  2. Details of charges (see Tags :71A: and :71G: in the SWIFT message )
  3. Sender's charges (see Tag :71F: in the SWIFT message)
  4. Sender's reference (see Tag :20: in the SWIFT message)
  5. Bank operation code (see Tag :23B: in the SWIFT message)
  6. Instruction code (see Tag :23E: in the SWIFT message)
  7. Sender-to-receiver information (see Tag :72: in the SWIFT message)
  8. Regulatory reporting (see Tag :77B: in the SWIFT message)
  9. Envelope contents (see Tag :77T: in the SWIFT message)

Note: If the 24-hour rule applies to a SWIFT EFT, and, because of this, information that is mandatory (as indicated above) was not obtained at the time of the transaction (and is not available from the SWIFT message or your records), you can leave the information out of your report to FINTRAC.

Back

Appendix 1B: Contents of an Incoming SWIFT Message Report

This Appendix lists the requirements for an incoming SWIFT message EFT report based on the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations. The mandatory information is shown by an asterisk (*).

For instructions about completing and sending these reports by batch, see the document called SWIFT format EFT Transactions – Batch Reporting Instructions and Specification.

PART A - Information about the transaction

  1. Time of processing of the transaction (see Tag :13C: in the SWIFT message)
  2. *Value date (see Tag :32A: in the SWIFT message)
  3. *Amount of the EFT (see Tags :32A: and :33B: in the SWIFT message)
  4. *Currency of the EFT (see Tags :32A: and :33B: in the SWIFT message)
  5. Exchange rate (see Tag :36: in the SWIFT message)
  6. Transaction type code (see Tag :26T: in the SWIFT message)

PART B - Information about the client ordering the EFT

  1. Client's full name (see Tag :50: in the SWIFT message)
  2. Client's full address (see Tag :50: in the SWIFT message)
  3. Client's account number, if applicable (see Tag :50: in the SWIFT message)

PART C - Information about the individual or entity sending the EFT

  1. Bank identification code (BIC) or full name and address of the individual or entity sending the payment instructions for the EFT (see Tag :51A: and the application header in the SWIFT message)

PART D - Information about the individual or entity ordering an EFT on behalf of a client (if applicable)

  1. Bank identification code (BIC) or full name and address of the ordering institution (if applicable) (see Tag :52: in the SWIFT message)

PART E - Information about the sender's correspondent (if applicable)

  1. Bank identification code (BIC) or full name and address of the individual or entity (other than the sender) acting as reimbursement bank for the sender of the EFT (if applicable) (see Tag :53: in the SWIFT message)

PART F - Information about the receiver's correspondent (if applicable)

  1. *Bank identification code (BIC) or full name and address of the individual or entity acting as reimbursement bank for the receiver of the EFT (if applicable) (see Tag :54: in the SWIFT message)

PART G - Information about the third reimbursement institution (if applicable)

  1. *Bank identification code (BIC) or full name and address of the EFT receiver’s branch, if the funds are made available to the receiver’s branch through a financial institution other than the sender's correspondent (if applicable) (see Tag :55: in the SWIFT message)

PART H - Information about the intermediary institution (if applicable)

  1. *Bank identification code (BIC) or full name and address of the financial institution through which the transaction must pass (the financial institution between the receiver and the financial institution where the account is held) (if applicable) (see Tag :56: in the SWIFT message)

PART I - Information about the beneficiary customer account institution (if applicable)

  1. *Bank identification code (BIC) or full name and address of the financial institution that services the account for the beneficiary customer (if this financial institution is not the receiver) (if applicable) (see Tag :57: in the SWIFT message)

PART J - Information about the individual or entity receiving the EFT

  1. *Bank identification code (BIC) or full name and address of the individual or entity receiving the payment instructions (see the basic header in the SWIFT message and the FINTRAC header required for each batch report)

PART K - Information about client to whose benefit payment is made

  1. Client's full name (see Tag :59: in the SWIFT message)
  2. Client's full address (see Tag :59: in the SWIFT message
  3. Client's account number, if applicable (see Tag :59: in the SWIFT message)

PART L - Additional payment information

  1. Remittance information (see Tag :70: in the SWIFT message)
  2. Details of charges (see Tags :71A: and :71G: in the SWIFT message )
  3. Sender's charges (see Tag :71F: in the SWIFT message)
  4. Sender's reference (see Tag :20: in the SWIFT message)
  5. Bank operation code (see Tag :23B: in the SWIFT message)
  6. Instruction code (see Tag :23E: in the SWIFT message)
  7. Sender-to-receiver information (see Tag :72: in the SWIFT message)
  8. Regulatory reporting (see Tag :77B: in the SWIFT message)
  9. Envelope contents (see Tag :77T: in the SWIFT message)

Note: If the 24-hour rule applies to a SWIFT EFT, and, because of this, information that is mandatory (as indicated above) was not obtained at the time of the transaction (and is not available from the SWIFT message or your records), you can leave the information out of your report to FINTRAC.

Back
   
Last Updated : 2006-05-30 Back to top Important Notices