MT754 is a SWIFT message standard, officially titled 'Advice of Payment/Acceptance/Negotiation'. It is typically sent by the issuing bank, confirming bank, or nominated bank to the presenting bank or beneficiary to notify that payment, acceptance, or negotiation has been made under a letter of credit. Usage scenarios include: after the exporter presents documents, the bank examines them and, if compliant, sends MT754 to the presenting bank to inform that payment has been made or the acceptance maturity date. Note: MT754 itself is not a payment instrument but a notification; it differs from MT799 (free format message) or MT752 (authorization to pay), which are used to authorize or refuse payment. MT754 should be distinguished from MT700 (issuance of a letter of credit) and MT730 (acknowledgement of receipt). In practice, receiving MT754 means funds are forthcoming or have been accepted, allowing the exporter to arrange funds or shipment. Verify the amount, currency, value date, and acceptance maturity date in the message to ensure consistency with the letter of credit terms.
📝 Examples
1. We have received the full set of documents submitted by your company. Upon examination, they comply with the letter of credit terms. We hereby send MT754 to notify: payment made for USD 50,000.00, value date June 1, 2025. (Note: Issuing bank notifies presenting bank of payment)
2. According to your MT754, our acceptance amount is EUR 30,000.00, with an acceptance maturity date of July 15, 2025. Please present for payment to the paying bank on that date. (Note: Accepting bank notifies beneficiary of acceptance details)
💡 Foreign Trade Tips
Foreign trade terms are the foundation of international business communication
Trade practices may vary slightly by country; pay attention when using them
When using terms in contracts, specify the applicable version (e.g., Incoterms 2020)
For unfamiliar terms, use GlobalSync's multilingual email helper to confirm with your partner