Category: News

What does MT700 mean?
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What does MT700 mean?

MT 700 is a special swift message type that is used by issuing banks when issuing a letter of credit. MT 700 message is sent by the issuing bank to the ad...

What is carrier Code?
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What is carrier Code?

A carrier code is a four-character unique identifier that is assigned by the CBSA to identify a carrier. For the purpose of assessing carrier code eligibi...

What is transit code for RBC?
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What is transit code for RBC?

003 You will need to provide the sending bank with: Your account number. RBC Royal Bank institution number: 003. RBC Royal Bank Routing/ABA number (if fun...