System Engineer Analyst
System Engineer Analyst Interview Questions and Answers
Updated 9 Sep 2020
Q1. All mandatory tags for swift msg
Ans.
Mandatory tags for Swift messages
20 - Sender's Reference
21 - Related Reference
32A - Value Date, Currency Code, Amount
50A - Ordering Customer
52A - Ordering Institution
56A - Intermediary Institution
57A - Account With Institution
59A - Beneficiary Customer
71A - Details of Charges
Q2. Difference between 103 & 202
Ans.
103 and 202 are transaction codes used in electronic fund transfers.
103 is used for outbound transfers while 202 is used for inbound transfers.
103 is used for single payments while 202 is used for batch payments.
103 requires full payment details while 202 only requires summary information.
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