SWIFT MT103 - Detailed disassembly

SharkBank

Infinity Member
Golden Member
Joined
March 2, 2026
Messages
3,922
Reaction score
273
Points
83
  • Thread Author
  • #1




Abstract

In recent years, on the Internet there are too many scammers who take advantage of people's illiteracy (lack of knowledge) and trick them for money, sometimes not small. If you disassemble payments in the SWIFT system, you can often see sentences about manual download, which are put by hackers (the guys will explain you their work), you will receive a pdf file with an incomprehensible set of characters, which looks logical, but has nothing to do with SWIFT. In this article will be described the procedures, due to which you will be able to create a payment message that may be compliant up to 500 thousand euros, due to the trust relationship within the SWIFT system. You will also understand the general principle of SWIFT system operation and be able to perform initial message checking and detection of falsifications.

Prologue

Everything described in this article is presented for information purposes only. All data related to the companies, actors in the article is summarized, edited or changed. The article does not call for illegal actions. This article is for educational purposes.

Let's get to the point:

To see this hidden content, you need to "Reply & React" with one of the following reactions: Like, Love, Haha, Wow

 
  • Tags
    banking_communication financial_transactions mt103_format payment_processing swift_network