SWIFT CAT. 7 · ISO 20022 · UCP600 · ISP98 · URDG758

Three instruments.
One platform.

DEALEXUS structures and closes cross-border financial instrument deals across three SWIFT-transmitted instruments. Every deal flows through the same eight-step compliance chain — NCNDA to CLOSED — with commissions protected and counterparties never exposed.

01 / 03
SWIFT MT760
SBLC
Standby Letter of Credit

A bank guarantee of payment issued by a financial institution on behalf of the applicant in favour of a beneficiary. Transmitted bank-to-bank via SWIFT MT760. Called upon only when the applicant fails to fulfil a contractual obligation — the instrument behind commodity finance, project bonds and credit enhancement.

ISP98 SWIFT Cat. 7 Cash-Backed Bank Guarantee
Learn more about SBLC MT760 →
02 / 03
SWIFT MT700
DLC
Documentary Letter of Credit

A payment undertaking issued by a bank on behalf of the buyer, guaranteeing payment to the seller upon presentation of complying documents. The primary instrument in international trade — oil, commodities, machinery — governed by UCP600. Transmitted via SWIFT MT700 from issuing bank to advising bank.

UCP600 SWIFT Cat. 7 Documentary Trade Finance
Learn more about DLC MT700 →
03 / 03
SWIFT MT103
MT103
Single Customer Wire Transfer

The standard SWIFT message for single customer credit transfers — the wire transfer that moves funds between banks at deal close or settlement. In structured trade finance, MT103 is the final payment leg — principal and commissions are paid to each party after all compliance gates are cleared.

ISO 20022 SWIFT Cat. 1 Wire Transfer Settlement
Learn more about MT103 →
§ 1 · Side-by-side comparison

How the instruments compare.

SBLC MT760 · DLC MT700 · MT103 · ALL ON DEALEXUS

SBLC MT760
DLC MT700
MT103
Purpose
Guarantee of performance
Payment against documents
Funds transfer
Governing rules
ISP98
UCP600
ISO 20022
SWIFT message
MT760
MT700
MT103
Triggered by
Non-performance
Complying documents
Instruction to debit
Used in
Commodity, project, credit
Import / export trade
Settlement payments
NCNDA required
✓ YES
✓ YES
✓ YES
Commission IMFPA
✓ YES
✓ YES
✓ YES
Paymaster escrow
◷ MVP2
◷ MVP2
◷ MVP2
On DEALEXUS
✓ LIVE
✓ LIVE
✓ LIVE
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One platform for all three.
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SELECT YOUR INSTRUMENT AT DEAL CREATION · 8-STEP COMPLIANCE CHAIN · IMFPA COMMISSION LOCK

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