Banking; telex formats for inter-bank messages

This document establishes a standardized framework for the structure and content of telegram messages exchanged between banking institutions. It defines specific data elements, field lengths, and syntax rules to ensure consistent and accurate transmission of financial information across different networks. By implementing a uniform format, the specification aims to reduce processing errors, facilitate automated handling of transaction details, and improve interoperability among global banking systems. The guidelines cover various message types used in correspondent banking activities, including transfer instructions, confirmations, and inquiries. Adherence to these structural requirements enables financial entities to process communications efficiently without ambiguity. This approach supports the reliable flow of critical banking data, forming a foundational element for secure international money transfers and settlement operations. The standardized text layout ensures that all participating institutions can interpret incoming messages correctly, minimizing delays and preventing misunderstandings in high-volume transaction environments.