What is an MT940 file?
MT940 is a tagged SWIFT format for end-of-day customer account statements. It commonly carries an account identifier, statement number, opening balance, repeated transaction entries and a closing balance.
Important MT940 fields
| Field | Meaning |
|---|---|
:20: | Transaction or statement reference |
:25: | Account identification |
:28C: | Statement and sequence number |
:60F: / :60M: | Opening balance |
:61: | Statement transaction line |
:86: | Additional transaction information |
:62F: / :62M: | Closing balance |
Open an MT940 statement online
- Paste the complete text or upload an MT940-compatible file.
- View the extracted statement and transaction information.
- Export readable and technical fields to Excel.
Bank formats can vary. Field 86 and proprietary transaction codes often follow bank-specific conventions. Review extracted values against the original statement before reconciliation.