What is MT940? MT940
What Information Does It Contain?
What is MT940?
MT940 file format, electronic Decryption between financial institutions
it is a standard used to make money transfers. This format is,
allows banks to easily track the account movements of their customers
he knows. One of the most commonly used formats for international money transfers
he's someone.
What Information Does MT940
Includes?
MT940 file format, a text such as an XML or CSV file
it is his file. In a file in MT940 format, all transactions in the customer's account
are listed. The content of the file may vary from bank to bank, but usually
it contains the following information:
· File Title: MT940 file, always a
it starts with the file title. This contains information about the type and version of the file.
· Account Information: After the file title,
the customer's account information is listed. This is the account number, the name of the account holder,
it contains information such as account type and currency.
· Transaction Information: The most important in the MT940 file
the section is transaction information. This section contains all transactions performed on the account
lists in detail. Transaction information, date, transaction type, transaction amount,
it contains information such as transaction description and transaction reference.
· End of File: MT940 file, always a file
it ends with the end. This indicates that the file has been completed.
Sample MT940 Format
An example MT940 file can be as follows:
:20:REFERENCE-12345
:25:IBAN123456789012345678901234
:28C:00111
:60F:C190307USD1000000,
:61:1903070307C1000000,NTRFNONREF//EFT
:86:Transaction Description 1
Transaction Description 2
:61:1903080308D500000,NTRFNONREF//EFT
:86:Transaction Description 3
Transaction Description 4
:62F:C190308USD500000,
:64:C190307USD1000000,
:86:Account Statement
Account Statement
Account Statement
:65:C190308USD500000,
:86:Account Statement
Account Statement
Account Statement
:86:End of Statement
End of Statement
:88:End of File