Learn how to include the new sending BIC for HSBC India MT statements in your ERP systems

Please note: The examples below are for the purposes of demonstrating the changes and they may not exactly match your statement entries. Samples of the changes will be shown in red to illustrate behaviour before and in blue after the enhancement.

MT940 and MT942 formats
Change description by Tag MT940 and MT942 are enhanced to replace Sender BIC of ‘MIDLGB22BHX’ with ‘HSBCINBB’ for India accounts

SWIFT Header Block 2


Current
{2:O9401335210527MIDLGB22BHX00000000002105271201N}

New
{2:O9401335210527HSBCINBB 00000000002105271201N}

Full Header View

Current
{1:F01YOURBICXXXX0000000000}{2:O9401335210527MIDLGB22BHX 00000000002105271201N}{3:{108:00000000001}}{4:

New
{1:F01YOURBICXXXX0000000000}{2:O9401335210527HSBCINBB 00000000002105271201N}{3:{108:00000000001}}{4:

All other Blocks of the Header No change
Remainder of MT940 and MT942 message No change