Sanction Officer

Sanction Officer Interview Questions and Answers

Updated 12 Jul 2025
3d ago

Q. What is SWIFT?

Ans.

Swift is a programming language developed by Apple for iOS, macOS, watchOS, and tvOS development.

  • Developed by Apple

  • Used for iOS, macOS, watchOS, and tvOS development

  • Modern, fast, and safe language

6d ago

Q. What is the difference between MT103 and MT202?

Ans.

MT103 is a payment message used for international funds transfer, while MT202 is a financial institution transfer message.

  • MT103 is used for customer payments, while MT202 is used for financial institution transfers.

  • MT103 contains details of the sender, receiver, and amount to be transferred, while MT202 is used to instruct the movement of funds between financial institutions.

  • MT103 is sent directly to the beneficiary bank, while MT202 is used for intermediary banks to facilita...read more

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