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What is a UETR Number?

June 9, 2024June 22nd, 2024No Comments

A UETR number, or Unique End-to-End Transaction Reference, is a unique identifier assigned to each international payment processed through the SWIFT gpi (Global Payments Innovation) network. Introduced in November 2018, the UETR is a 36-character string that serves as a digital fingerprint for a transaction. This ensures that a payment can be tracked and traced from its point of origin to its final destination, enhancing transparency and traceability in the international payments process. The implementation of UETR numbers is a key component of SWIFT’s broader initiative to improve the speed, transparency, and reliability of cross-border payments.

UETR Number Example

The UETR is a UUID (Universal Unique Identifier), which means it is a 36-character alphanumeric code, typically formatted as: 123e4567-e89b-12d3-a456-426614174000

This structure includes:

  • A 128-bit number
  • Hyphens separating specific segments of the code

An example of a UETR number can be found in the payment confirmation below.



Purpose of a UETR Number

The main purpose of a UETR number is to improve transparency and traceability in international transactions. It benefits various stakeholders in several ways. For banks, it enables them to track the progress of payments across the SWIFT network, ensuring funds are transferred efficiently and securely. For businesses and individuals making international payments, it allows real-time tracking, eliminating the need to wait for a supplier or recipient to confirm that a payment has been received.

How UETR Numbers Benefit International Transactions

  • Enhanced Transparency: UETR numbers make it possible to track the status of a transaction at any point along its journey, providing detailed information about each step.
  • Faster Payments: By enabling real-time tracking, UETR numbers help identify bottlenecks and delays, facilitating quicker resolution and faster payment processing.
  • Improved Accuracy: With a unique identifier for each transaction, the chances of errors or misrouting are significantly reduced.
  • Better Customer Service: Financial institutions can offer better support to their customers by providing accurate and up-to-date information about their transactions.

How to Use a UETR Number

When making or receiving an international payment, the UETR number is included in the transaction details. Banks and financial institutions use this number to monitor the payment’s progress through the SWIFT network. Customers and businesses can also use the UETR number through their banking platforms or directly with their banks to get real-time updates on their payments.


The UETR number is a great tool for enhancing the efficiency, transparency, and security of international transactions. By providing a unique identifier for each payment, UETR numbers ensure that funds are tracked accurately from start to finish, benefiting banks, businesses, and individual customers alike. Understanding and utilising UETR numbers is essential for anyone involved in international financial operations, as they represent a significant step forward in modernising and streamlining global payments.

Paying International Suppliers?

If you are making international payments Rutland FX can help you by reducing the cost of cross border payments, you can call us on 0203 026 0112 or request a callback to discuss your requirements.