What Is SWIFT?

What Is SWIFT?

§      SWIFT     stands     for     the "Society      for    Worldwide      Interbank     Financial

Telecommunication".  SWIFT  is  a  network  of over  8,300  banks,  securities,  and corporationslocated in over 208 countries.

§      SWIFT allows for the exchange of millions ofstandardized financial messages between financialinstitutions throughout the world. SWIFT wascreated in 1973 by bankers who were in need of amore  efficient and secure system for interbankcommunications and transfer of funds and securities.

§      Prior to SWIFT, all communication betweenbanks was done by telephone, telex, courier or mail.Prior to SWIFT messages between banks containedno instructions past the basic funds transfer itself,however SWIFT allows the banks to attach messagesand conditions to fund transfers. Each SWIFTmessage is a condition of Wire Transfer.

SWIFT Codes

SWIFT Codes are actually very easy to understand,in spite of their unfathomable appearance.

The ‘MT’ at the beginning of the code stands for‘Message Type’, and the number indicates one of themany standardized message formats which comprisethe SWIFT messaging system.

What does the SWIFT MT799 option provide?

·      An account with the SWIFT MT799 capabilityallows bank-to-bank SWIFT electronic

verification for Proof of Funds in compliance withthe SWIFT Category 7 "Treasury

Markets & Syndication" message types.

·      MT799 is a simple text message, sent bank tobank. This is used for a bank to bank proof of funds,only. The MT799 is not a form of payment and it isnot a bank undertaking or promise to pay. It issimply a bank to bank confirmation of the funds ondeposit, nothing more.

What does the SWIFT MT760 option provide?

An  account  with  the  SWIFT  MT760  capability allows  bank-to-bank  SWIFT  electronic

verification of the account, and will include ablocked funds provision.

Correspondent Bank?

Correspondent bank appears when The Investormakes a Telegraphic (Wire) transfer. If The

Investor's bank does not have a direct relationshipwith Trader's bank, Investor's bank pays throughtheir correspondent (Intermediary) banks. Thecorrespondent banks make a charge for this service.

Some Other SWIFT CODES

Customer Payments and Cheques
SWIFT  -   Message Type Description

MT 101 Request for Transfer
MT 102 Multiple Customer Credit Transfer
MT 102+(STP) Multiple Customer Credit Transfer (STP)
MT 103 Single Customer Credit Transfer
MT 103+(REMIT) Single Customer Credit Transfer (REMIT)
MT 103+(STP) Single Customer Credit Transfer (STP)
MT 104 Customer Direct Debit
MT 105 EDIFACT Envelope
MT 107 General Direct Debit Message
MT 110 Advice of Cheque(s)
MT 111 Request for Stop Payment of a Cheque
MT 112 Status of a Request for Stop Payment of a Cheque
MT 190 Advice of Charges, Interest and Other Adjustments
MT 191 Request for Payment of Charges, Interest and Other Expenses
MT 192 Request for Cancellation
MT 195 Queries
MT 196 Answers
MT 198 Proprietary Message
MT 199 Free Format Message


Financial Institution Transfers
SWIFT   -   Message Type Description

MT 200 Financial Institution Transfer for its Own Account
MT 201 Multiple Financial Institution Transfer for its Own Account
MT 202 General Financial Institution Transfer
MT 202+(COV) General Financial Institution Transfer (COV)
MT 203 Multiple General Financial Institution Transfer
MT 204 Financial Markets Direct Debit Message
MT 205 Financial Institution Transfer Execution
MT 205+(COV) Financial Institution Transfer Execution (COV)
MT 207 Request for Financial Institution Transfer
MT 210 Notice to Receive
MT 256 Advice of Non-Payment of Cheques
MT 290 Advice of Charges, Interest and Other Adjustments
MT 291 Request for Payment of Charges, Interest and Other Expenses
MT 292 Request for Cancellation
MT 295 Queries
MT 296 Answers
MT 298 Proprietary Message
MT 299 Free Format Message


Treasury Markets, Foreign Exchange, Money Markets, and Derivatives
SWIFT   -   Message Type Description

MT 300 Foreign Exchange Confirmation
MT 303 Forex/Currency Option Allocation Instruction
MT 304 Advice/Instruction of a Third Party Deal
MT 305 Foreign Currency Option Confirmation
MT 306 Foreign Currency Option
MT 307 Advice/Instruction of a Third Party FX Deal
MT 320 Fixed Loan/Deposit Confirmation
MT 321 Instruction to Settle a Third Party Loan/Deposit
MT 330 Call/Notice Loan/Deposit Confirmation
MT 340 Forward Rate Agreement Confirmation
MT 341 Forward Rate Agreement Settlement Confirmation
MT 350 Advice of Loan/Deposit Interest Payment
MT 360 Single Currency Interest Rate Derivative Confirmation
MT 361 Cross Currency Interest Rate Swap Confirmation
MT 362 Interest Rate Reset/Advice of Payment
MT 364 Single Currency Interest Rate Derivative Termination/Recouponing Confirmation
MT 365 Single Currency Interest Rate Swap Termination/Recouponing Confirmation
MT 380 Foreign Exchange Order
MT 381 Foreign Exchange Order Confirmation
MT 390 Advice of Charges, Interest and Other Adjustments
MT 391 Request for Payment of Charges, Interest and Other Expenses
MT 392 Request for Cancellation
MT 395 Queries
MT 396 Answers
MT 398 Proprietary Message
MT 399 Free Format Message

Collections and Cash Letters
SWIFT   -   Message Type Description

MT 400 Collections: Advice of Payment
MT 405 Collections: Clean Collection
MT 410 Collections: Acknowledgment
MT 412 Collections: Advice of Acceptance
MT 416 Collections: Advice of Non-Payment/Non-Acceptance
MT 420 Collections: Tracer
MT 422 Collections: Advice of Fate and Request for Instructions
MT 430 Collections: Amendment of Instructions
MT 450 Cash Letters: Cash Letter Credit Advice
MT 455 Cash Letters: Cash Letter Credit Adjustment Advice
MT 456 Cash Letters: Advice of Dishonor
MT 490 Advice of Charges, Interest and Other Adjustments
MT 491 Request for Payment of Charges, Interest and Other Expenses
MT 492 Request for Cancellation
MT 495 Queries
MT 496 Answers
MT 498 Proprietary Message
MT 499 Free Format Message

Securities Markets
SWIFT   -   Message Type Description

MT 500 Instruction to Register
MT 501 Confirmation of Registration or Modification
MT 502 Order to Buy or Sell
MT 503 Collateral Claim
MT 504 Collateral Proposal
MT 505 Collateral Substitution
MT 506 Collateral and Exposure Statement
MT 507 Collateral Status and Processing Advice
MT 508 Intra-Position Advice
MT 509 Trade Status Message
MT 510 Registration Status and Processing Advice
MT 513 Client Advice of Execution
MT 514 Trade Allocation Instruction
MT 515 Client Confirmation of Purchase or Sale
MT 516 Securities Loan Confirmation
MT 517 Trade Confirmation Affirmation
MT 518 Market-Side Securities Trade Confirmation
MT 519 Modification of Client Details
MT 524 Intra-Position Instruction
MT 526 General Securities Lending/Borrowing Message
MT 527 Triparty Collateral Instruction
MT 528 ETC Client-Side Settlement Instruction
MT 529 ETC Market-Side Settlement Instruction
MT 530 Transaction Processing Command
MT 535 Statement of Holdings
MT 536 Statement of Transactions
MT 537 Statement of Pending Transactions
MT 538 Statement of Intra-Position Advice
MT 540 Receive Free
MT 541 Receive Against Payment Instruction
MT 542 Deliver Free
MT 543 Deliver Against Payment Instruction
MT 544 Receive Free Confirmation
MT 545 Receive Against Payment Confirmation
MT 546 Deliver Free Confirmation
MT 547 Deliver Against Payment Confirmation
MT 548 Settlement Status and Processing Advice
MT 549 Request for Statement/Status Advice
MT 558 Triparty Collateral Status and Processing Advice
MT 559 Paying Agents Claim
MT 564 Corporate Action Notification
MT 565 Corporate Action Instruction
MT 566 Corporate Action Confirmation
MT 567 Corporate Action Status and Processing Advice
MT 568 Corporate Action Narrative
MT 569 Triparty Collateral and Exposure Statement
MT 574 (IRSLST) IRS 1441 NRA Beneficial Owners List
MT 574
(W8BENO)
IRS 1441 NRA Beneficial Owner Withholding Statement
MT 575 Statement of Combined Activity
MT 576 Statement of Open Orders
MT 577 Statement of Numbers
MT 578 Statement of Allegement
MT 579 Certificate Numbers
MT 581 Collateral Adjustment Message
MT 582 Reimbursement Claim or Advice
MT 584 Statement of ETC Pending Trades
MT 586 Statement of Settlement Allegements
MT 587 Depositary Receipt Instruction
MT 588 Depositary Receipt Confirmation
MT 589 Depositary Receipt Status and Processing Advice
MT 590 Advice of Charges, Interest and Other Adjustments
MT 591 Request for Payment of Charges, Interest and Other
Expenses
MT 592 Request for Cancellation
MT 595 Queries
MT 596 Answers
MT 598 Proprietary Message
MT 599 Free Format Message

Treasury Markets, Precious Metals
SWIFT   -   Message Type Description

HOW TO UNDERSTAND THE PRIVATE PLACEMENT PROGRAMS-PPP ?

UNDERSTANDING THE HIGH PROFITS

In general, these programs (Private investment programs-PPP and Buy - Sell Trading Programs) get a very high profit compared to the common benefit available to traditional investments
Most people do not believe that a yield of 50% to 100% a week is possible. It is more a problem of knowledge of the work programs and lack of experience in trading with financial instruments and especially understanding of how the financial system work and how money is created.
Suppose a leverage of 10:1, which means that the trader is able to make a copy of each sale transaction with 10 times the amount of money the investor has in his bank account.
Let's say the investor has 20 Million Euros, so the Trader is able to work with 200M Euros. Now let's assume that the Trader is able to make a purchase and sale transactions per day for 4 days a week for 40 banking weeks, and that the benefit is 10% for each sale transaction. That makes 10% x 4 = 40%, and the multiplier effect of the gain will be 4 times higher, that is to say 160% per week.

Some Regular Questions  From Investor And Answers From Dreambiz Trade Holdings 

**What are the Private Placement Programs, better known as "PPP"?**

The Private Placement Programs or High Yield Investment Programs, are private programs based on the purchase/sale of bank financial instruments (mainly MTNs). These instruments are bought fresh-cut with a significant discount on their face value to then be resold at a higher price in the secondary market. The difference between the sale price and the purchase price is the trader/investors gain. These programs are offered to clients with high spending power and can only be executed by Traders with a license to carry out such operations. An important part of the returns are destined to humanitarian causes and to the financing of business projects. Therefore, any institution takes precedence on this type of operation.
**How come so few investors know about these programs? Are they new?**
These programs are not publicly known, and only a very small group of investors that own funds or Bank Instruments may have access to them -solely and exclusively by invitation-. They are not new, they are more than 55 years old.

**Are they safe?**

The Private Placement Programs imply no risk for the investor. The purchase/sale of MTNs is "risk-free" provided that the Trader is guaranteed the exit to the instrument that was previously acquired. If we are dealing with a real Trader, such exit will be guaranteed by contract and therefore there won’t be any risks for the investor. Before the start of the program, the Trader will "prepare" such program planning the future purchases and sales and knowing beforehand the benefits that each of them will bring. In a second phase the program will be run, which means nothing but carrying out the purchases/sales that were previously planned and negotiated with the cut houses.

**Should I deliver or transfer my funds to the Trader?**

In  any case. The funds will always remain on the investors account. To carry out the program it will only be necessary to lock them. The investor must choose one of two available locking options: Swift MT-760 or the assignment of the Trader on the account. This blocking will remain for the length of the program.
**Do I run any risks by submitting these documents and why are they so important?**
You are not under any risk. Their presentation is imperative and important since it is the only way to check and verify the quality of the clients funds or assets. In this business the investor always has to take the first step by providing the required documentation to avoid falling into the “soliciting" rules.
The POF (Proof of Funds) will be issued by the Bank where the investor has the resources deposited, demonstrating their quality and amount, but does not enable ANYONE to move them or dispose of them.

**What procedure should I follow to deliver these documents?**

Once all the required documentation is submitted (SET Compliance + bank Documentation), we proceed to verify the funds/assets the client brings and to the subsequent Düe Diligence (clients under study for acceptance).
Once  these preliminary investigations are successfully completed, within 48-72 hs. The Program Manager will contact the client for a formal presentation and also to agree on how to block the funds. Then, the investor will receive a pre-contract to be signed and later sent to the Traders office. Then, it will be the Trader in person who will contact the client.

**How and when do I collect my interests or profits?**

Yields are collected weekly at the bank designated by the Trader. Ever since the collection of the first profit, this capital will be completely available for the client.
**Can I partially or totally remove the invested amount?**
The invested capital will remain locked for the length of the program.

**How should my funds be?**

Clear, clean and with a non-criminal origin. For every asset the location of the deposited resources should appear clearly stated by the bank in question. If at the time of verification, there is any doubt on this matter, the transaction will be automatically dismissed.

**Can I ask for references from previous transactions?**

NO, as it represents a violation of the Rules of Confidentiality and of the Non-Discovery Agreement.

How do Private Placement Programs Work?

Actually, that is a question that most don’t know the full answer to. In fact Private Placement Programs are very simple to understand. The problem is 99.9% of those in the Private Placement business have never closed a deal. How can you truly understand the full process of a deal if you have never closed one???  SIMPLE ANSWER, YOU CAN’T!!!

I will overview the basic process to successfully complete a Private Placement Program transaction below. In addition, I will supply common situations that develop along the way.

(1) Client fills out the compliance documents and provides proof of funds and passport copy

NOTE: Most of the assets which people try to apply with can not be used in any private placement program. These include the ITR (Irrevocable Trust Receipt), SKR (Safe Keeping Receipt), junk bond, asset backed bonds, hard assets, and more. In addition, most of the applications received for Private Placement Programs are fraudulent.

(2) Trade group submits the application to the compliance department at the bank

NOTE: Within hours most real groups will know if the asset and owner are legitimate. If the client has over 100M, most of the time real trade groups have seen the application before.  There is a very small circle of real traders, so when someone applies with large assets the world travels fast.

(3) Client passes through compliance and receives the contract

NOTE: Most clients have NEVER been through this process before. With that being said, they show the contract to their attorneys who have never been through this as well.  This leaves a number of circumstances which can develop. Due to the private nature of the private placement program business, there is only so much information the trader can reveal to the client.

(4) Client signs the contract and the trader countersigns it

NOTE: Even after the client signs the contract, there are still a number of hurdles to overcome to close a deal. If a client signs the contract and does not complete the transaction, they will be reported to the proper authorities and will be permanently prevented from participating in any private placement program.

(5) Client contacts bank to complete the transaction

NOTE: Banks are in the business of making money, and nothing else. When a client asks to block, conditionally assign, or transfer assets they are cutting into the pockets of the bank. If the bank loses that asset off their books, they actually lose 25x that amount since they leverage loans from the FED. With this in mind, most banks stall since that will frustrate most customers enough to kill the deal.  This should never be the case, it is the clients money not the banks.  With this in mind, you need a bull personality or a great relationship with the bank if you are a client who wishes to complete what is needed.

(6) Funds are blocked, conditionally assigned, or transferred to the trade group specific to the contract

NOTE: Very few trade groups call for the transfer of assets, if they do be very cautious. Most private placement program traders need conditional assignments, temporary beneficiary access, or the blocking of the assets in favor of them for the period of the trade.  PING programs are 99.9999999% fake,  and do not allow the trader to access a line of credit. No bank will loan without collateral, remember banks are in the business of making money.

(7) Trader accesses line of credit from the bank within 72 hours

NOTE: The trader is the only one who can access a line of credit against blocked assets. No bank will offer a line of credit for that amount to someone who they do not thoroughly trust.

(8) Trader uses line of credit to have bank instruments issued at a discount and makes trade

NOTE: The bank issues the instrument directly to the trader for a significant discount (ex. 55% of face value). The trader then has a contract with someone who has agreed to purchase it at a higher amount (ex. 62% of face value).  The trader buys the instrument and then sells it to the “commitment holder”, who then sells it to their “commitment holder” for a higher price (69% of face value). This continues until someone purchases it with the intent to hold it and collect the coupon/interest.

(9) Client receives payments weekly according to contract

NOTE: Once everything it set up, it is a very smooth process. Typically the first payment is made within 10-15 banking days after trading has started. After the first payment, the client will receive disbursements to the provided bank account on a weekly basis. Most clients and brokers should set up offshore accounts, or have internal transfers sent to the bank where the trading is done. Otherwise, USA/EU authorities will flag accounts which is obviously not good.

(10) Client funds projects and retains the rest for personal use

NOTE: Most real private placement programs are intended to fund humanitarian projects. Typically 70% of the profits must go to projects, while the remaining 30% is for “adminstrative use”. In essence, the 30% is the clients to use freely.  The platform does not regulate this, but the FED overseas all of the companies who have applied and received money to ensure they are conducting business properly.

In a nutshell, that is a summary of the typical private placement program transaction.  I hope this helped, and feel free to contact me with any questions.

Please feel free to contact me for PPP program- gilmorblue@gmail.com

                                                                            skype- gilmorblue