Monday, June 26, 2023

G27 error in MT742

 Error code G27 is a field format error that can occur in SWIFT messages, including MT742

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 This error indicates that there is an issue with the format of one or more fields in the message. To resolve this error, you should review the message format and ensure that all required fields are present and in the correct format
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MT742 is a SWIFT message type used for reimbursement claims
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 It is sent by the paying/negotiating bank to the bank authorized to reimburse the sender for its payments/negotiations
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 If you encounter a G27 error in an MT742 message, you should review the message format and ensure that all required fields are present and in the correct format
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It's worth noting that error codes in SWIFT messages can have different meanings depending on the context in which they occur. Therefore, it's important to consult the documentation for the specific SWIFT system you are using to determine the appropriate steps to take to resolve the error
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