SWIFT MT940------Understanding FORMAT

:20: statement date

:25: account number
:28C: statement number 19/2

:60F: opening balance 100 MAIN ACCOUNT

:61: transaction 1 (value and booking date, currency, amount, BT code, client’s and bank
reference, transaction code)
:86: transaction 1 details (transaction code, code description, from/to, other)

:61: transaction 2
:86: transaction 2 details
............................................
:61: transaction n
:86: transaction n details

:62F: closing balance 80 USD

Example

:20:20190207 ------------Statement Date

: 25:10000222 ------------Bank Account Number
:28C:100/1 ----------------Statement Number

: 60F:C190207INR1000------------Opening balance

:61:1902050207C200 NTRF 12345//9777777778 --- Transaction 1

:86: CUST-301303 RTGS12345678 -------Additional Information about
Trans.-1

:61:1902050207C200NTRF12345678912345//9777777778--- Transaction
2
:86: 6100100128 CUST-301303 RTGS123456789-------Additional
Information about Trans.-2

:61:1902050207D200NTRF12345678912345//9777777778---
Transaction 3
:86: BANK CHARGES -------Additional Information about
Trans.-3
:61:1902050207D200NTRF12345678912345//9777777778---
Transaction 4
:86: BANK COMMISIONS-----------------Additional Information about Trans.-
4

:62F:C190207INR1000 ---------------Closing balance

Additional Information on Statement Lines.

:20:20190207

Field Value Description

:20: Statement Identifier Tag
20190207 YYYYMMDD

: 25:10000222

Field Value Description

:25: Account Identifier Tag
10000222 Bank Account Number (IBAN)

:28C:100/1

Field Value Description

:28C: Statement Number Tag
100/1 100 is statement number
1 - additional number

: 60F:C190207INR1000,00

Field Value Description

:60F: Opening Balance Tag
C C-Credit—(inflow)
D-Debit--- (outflow)

190207 YYMMDD --- date of opening balance

 INR ISO Currency Code
1000 Opening Balance Amount

:61:190207 0207 C 20000,00 NTRF 123456789// 9777777778

Field Value Description

:61: Transaction Tag
190207 YYMMDD – Posting Date
0207 MMDD – Entry Date (optional) . While posting system
will consider this date as Document date in SAP
C C-Credit—(inflow)
D-Debit--- (outflow)
RC- Reversal of C
RD- Reversal of D
20000,00 Transaction Amount with comma as decimal separator
NTRF Transaction Code, first character must be `N`, `S`or
`F`.
123456789 Client Reference – if no reference than NOREF—
Cheque number /Payment reference of client
//97777777 BANK Reference – if any given by bank
78

:86: CUST-301303 RTGS12345678 -------Additional Information about

Trans.-1

Note-to-payee – additional information about 61 Tag/Field

:62F:C190207INR1800

Field Value Description

:62F: Closing Balance Tag
C C-Credit—(inflow)
D-Debit--- (outflow)

190207 YYMMDD --- date of Closing balance

INR ISO Currency Code
1800 Closing Balance Amount