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What is Understanding SWIFT MT940 Messages about?

This document provides information about SWIFT MT940 statement messages, including: 1) MT940 messages consist of fields denoted by numbers between colons, such as :20:, which provide transaction details. 2) Key fields include :20: for the transaction reference, :25: for the account number, :28C: for statement/sequence numbers, :60: for opening/closing balances, and :61: for transaction lines. 3) The :60: and :28C: fields ensure statements split across multiple messages can be reconstructed in the proper

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GNV Engg Services

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EN