What is MT and MX?

SWIFT MT is a legacy non-XML proprietary message format. MX messages are the XML-based replacement for MT messages. With ITXA, you can process an MX message (or a SEPA or ISO 20022 message) and configure for which messages that you want to generate acknowledgments.

What does MT in SWIFT stand for?

message type/text
All SWIFT messages include the literal “MT” (message type/text). This is followed by a three-digit number that denotes the message category, group and type.

What is ISO 20022 XML?

ISO 20022 is an ISO standard for electronic data interchange between financial institutions. It describes a metadata repository containing descriptions of messages and business processes, and a maintenance process for the repository content. The first syntax supported for messages was XML Schema.

What is a PACS 002?

pacs. 002. are status messages with information about debits or R-messages that are sent from a direct participant to a client. These messages may also be status messages sent from the debtor reference application to reject, refuse, or both, a debit request that was received in an IDF from STEP2. pacs.

What is an MT299?

Scope of the message MT299 This message type is: used by financial institutions to send or receive information for which another message type is not applicable. used between a corporate and its financial institution for which another message type is not applicable.

What kind of standards are there in Mexico?

In Mexico standardization manifests as the mandatory Official Mexican Standards (NOM), prepared by federal government agencies, and the primarily voluntary Mexican Standards (NMX) promoted by the Secretariat of Economy and the private sector through national standardization bodies.

What are the official standards for land transport in Mexico?

The Official Mexican Standards (Normas Oficiales Mexicanas or NOMs) augment the Mexican Regulation for the Land Transport of Hazardous Materials and Wastes (link on the right). The Mexican Secretariat for Communications and Transport (SCT) is responsible for publishing and maintaining the NOMs.

What is the national standardization program in Mexico?

The National Standardization Program (PNN) is the informative planning instrument that lists the topics to be developed as Official Mexican Standards (NOMs), Mexican Standards (NMX) and Reference Standards (NRFs) each year.

Is the Mexican standards catalog updated every year?

The Mexican Standards Catalog is permanently reviewed and updated according to NOM and NMX-related publications which are notified through the Official Gazette of the Federation (DOF) and include: Statements of Enforcement, projects concerning standards, cancellations and amendments and responses to comments.