SWIFT Message Formats
A SWIFT message Format is normally used directly by financial institutions to send information for which another message type is not applicable.

MT199: Free Format Message
A Swift Message Type 199 Is A Interbank Message Used Between Two Banks To Transmit The Value Of A Bond Or An Skr Or A Free Format Message Engaging 2 Banks Readyness To Move Forward With A Transaction. Usually A Private One.

A Mt199 Swift Message Is Easily Explained As A “Chat” Message.
Basically You Use This 199 Format;
***When A Transfer Order Has Been Sent And You Want To “Notify” The Beneficiary Bank In Order To Sort Out Something,
***Or To Find Out If Funds Have Been Applied,
***Or Basic Other Info.

MT-199 - Free Format Message.
This message type is normally used by financial institutions to send information for which another message type is not applicable. It can be used as a status message to report reasons for a transaction instruction not being executed or as a message to reject a transaction.
So Basically, a Mt199 Is One Banker Or Security Officer “Talking” To Another.

MT799: Free Format Message
The MT-799 is a free format SWIFT message type in which a banking institution confirm‍s that funds are in place to cover a potential trade.

This can, on occasion, be used as an irrevocable undertaking, depending on the language used in the MT-799, but is not a promise to pay or any form of bank guarantee in its standard format.
The function of the MT-799 is simply to assure the seller that the buyer does have the necessary funds to complete the trade.

MT-799 - is a simple text message, sent bank to bank. This is used for a bank to bank proof of funds, only. The MT799 is not a form of payment and it is not a bank undertaking or promise to pay. It is simply a bank to bank confirmation of the funds on deposit, nothing more.

MT760: Guarantee
The MT-760 is a type of SWIFT message , it functions much like a Bank Guarantee. Essentially, a MT-760 is a SWIFT message which guarantees that a Bank will make Payment in favor of a client of another Bank.
​When a MT-760 is issued, the issuing Bank puts a hold on its client's funds, thereby ensuring that the funds are in place to make Payment to the recipient of the MT-760.

MT103: Single Customer Credit Transfer - Core
MT103+: Single Customer Credit Transfer - STP
MT103R: Single Customer Credit Transfer - Remit

MT-103 -
SWIFT MT-103’s are the most commonly used form of SWIFT communication, and are normally used to make payment to customers of another bank in another country.

Whilst the MT103 is a standard message format, much of the content is flexible as banks have differing requirements as to the information they require to process payments.
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In order for an MT103 and MT103+ message to be correctly interpreted by the receiving bank, the bank details contained within the file including IBAN and BIC details must be correct, in order for the transfer to take place correctly. 

                                          Incoterms 2010
The eighth published set of pre-defined terms, Incoterms 2010 defines 11 rules, reducing the 13 used in older Incoterms 2000 by introducing two new rules ("Delivered at Terminal", DAT; and "Delivered at Place", DAP) that replace four rules of the prior 2000 version ("Delivered at Frontier", DAF; "Delivered Ex Ship", DES; "Delivered Ex Quay", DEQ; "Delivered Duty Unpaid", DDU). 

In the prior 2000 version, the rules were divided into four categories, but the 11 pre-defined terms of Incoterms 2010 are subdivided into two categories based only on method of delivery. The larger group of seven rules applies regardless of the method of transport, with the smaller group of four being applicable only to sales that solely involve transportation over water.

Any mode of transport:
The 7 rules defined by Incoterms 2010 for any mode(s) of transportation are:
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EXW – Ex Works (named place of delivery)
The seller makes the goods available at its premises. The buyer is responsible for unloading. This term places the maximum obligation on the buyer and minimum obligations on the seller. The Ex Works term is often used when making an initial quotation for the sale of goods without any costs included. EXW means that a seller has the goods ready for collection at his premises (works, factory, warehouse, plant) on the date agreed upon. The buyer pays all transportation costs and also bears the risks for bringing the goods to their final destination. The seller doesn't load the goods on collecting vehicles and doesn't clear them for export. If the seller does load the good, he does so at buyer's risk and cost. If parties wish seller to be responsible for the loading of the goods on departure and to bear the risk and all costs of such loading, this must be made clear by adding explicit wording to this effect in the contract of sale.

FCA – Free Carrier (named place of delivery)
The seller hands over the goods, cleared for export, into the disposal of the first carrier (named by the buyer) at the named place. The buyer pays for carriage to the named point of delivery, and risk passes when the goods are handed over to the first carrier.

CPT – Carriage Paid To (named place of destination)
The seller pays for carriage. Risk transfers to buyer upon handing goods over to the first carrier at place of Import.

CIP – Carriage and Insurance Paid to (named place of destination)
The containerized transport/multimodal equivalent of CIF. Seller pays for carriage and insurance to the named destination point, but risk passes when the goods are handed over to the first carrier.

DAT – Delivered at Terminal (named terminal at port or place of destination)
Seller pays for carriage to the terminal, except for costs related to import clearance, and assumes all risks up to the point that the goods are unloaded at the terminal.

DAP – Delivered at Place (named place of destination)
Seller pays for carriage to the named place, except for costs related to import clearance, and assumes all risks prior to the point that the goods are ready for unloading by the buyer.

DDP – Delivered Duty Paid (named place of destination)
Seller is responsible for delivering the goods to the named place in the country of the buyer, and pays all costs in bringing the goods to the destination including import duties and taxes. The buyer is responsible for unloading. This term is often used in place of the non-Incoterm "Free In Store (FIS)". This term places the maximum obligations on the seller and minimum obligations on the buyer.

Sea and inland waterway transport:
The four rules defined by Incoterms 2010 for international trade where transportation is entirely conducted by water are:
FAS – Free Alongside Ship (named port of shipment)
The seller must place the goods alongside the ship at the named port. The seller must clear the goods for export. Suitable only for maritime transport but NOT for multimodal sea transport in containers (see Incoterms 2010, ICC publication 715). This term is typically used for heavy-lift or bulk cargo.

FOB – Free on Board (named port of shipment)
The seller must load the goods on board the vessel nominated by the buyer. Cost and risk are divided when the goods are actually on board of the vessel (this rule is new!). The seller must clear the goods for export. The term is applicable for maritime and inland waterway transport only but NOT for multimodal sea transport in containers (see Incoterms 2010, ICC publication 715). The buyer must instruct the seller the details of the vessel and the port where the goods are to be loaded, and there is no reference to, or provision for, the use of a carrier or forwarder. This term has been greatly misused over the last three decades ever since Incoterms 1980explained that FCA should be used for container shipments.

CFR – Cost and Freight (named port of destination)
Seller must pay the costs and freight to bring the goods to the port of destination. However, risk is transferred to the buyer once the goods are loaded on the vessel. Insurance for the goods is NOT included. This term is formerly known as CNF (C&F). Maritime transport only.

CIF – Cost, Insurance and Freight (named port of destination)
Exactly the same as CFR except that the seller must in addition procure and pay for the insurance. Maritime transport only.