MT940

The other significant area in the bank to corporate space is bank statement reporting. With SEPA you may be asked questions about the content of your bank statement file. I am going to assume that the vast majority of corporates are using the MT940 format for end of day bank statement reporting. Mandatory – 1!a6!n3!a15d – D/C Date Currency Amount Indicating for the (intermediate) opening balance, whether it is a debit or credit balance, the date, the currency and the amount of the balance There are 2 options: Option F – :60F: Debit/Credit Last Statement Date (YYMMDD) Currency (ISO) Amount Option M – :60M: Debit/Credit Current Statement Date (YYMMDD) Currency (ISO) Amount 6!n Value Date (YYMMDD) [4!n] Entry Date (MMDD) 2a Debit/Credit Mark [1!a] Funds Code (3rd character of the currency code, if needed) 15d Amount 1!a3!c Transaction Type Identification Code 16x Customer Reference [//16x] Bank Reference [34x] Supplementary Details (this will be on a new/separate line) Mandatory – 1!a6!n3!a15d – D/C Date Currency Amount Indicating for the (intermediate) closing balance, whether it is a debit or credit balance, the date, the currency and the amount of the balance There are 2 options: Option F – :60F: Debit/Credit Last Statement Date (YYMMDD) Currency (ISO) Amount Option M – :60M: Debit/Credit Current Statement Date (YYMMDD) Currency (ISO) Amount Optional – 1!a6!n3!a15d – D/C Date Currency Amount Indicates the funds which are available to the account owner (if credit balance) or the balance which is subject to interest charges (if debit balance). Debit Balance /Credit Balance Date (YYMMDD) Currency (ISO) Amount Optional – 1!a6!n3!a15d – – D/C Date Currency Amount Indicates the funds which are available to the account owner (if a credit or debit balance) for the specified forward value date Debit Balance /Credit Balance Date (YYMMDD) Currency (ISO) Amount I’ve deliberately missed out the SWIFT header and footer sections, since here we’re mostly interested in the MT940 format and data contents. Having quick access to this has certainly helped me recently, and I hope it helps you too! 6. Pingback: SWIFT Message Types - Knowing Your MTs from your MXs... 15. Pingback: Salt Edge contributing to Open-Source with Salt-Parser Salt Edge – Corporate Blog Salt Edge Inc. We are implementing the reporting of “Return Items” in the SWIFT MT940. Which have negative amounts from my source file. The ISO 7775 amount fields are not signed. How can we verify that it’s ok to modify the standard or should we not report return items via the MT940? Client want to enter some information regarding individual transaction in a batch and have it come back on the MT940. What field in the NACHA file can they enter a transaction reference number and have it come back in MT940? This site uses Akismet to reduce spam. Learn how your comment data is processed .