answersLogoWhite

0

The MT940 (MT = Message Type) electronic account statement is an international standard that was developed by S.W.I.F.T. in Brussels for the paperless transmission of account information. This standard is used by banks all over the world. In particular, MT940 is used to provide bank information to clients' cash management, treasury systems and accounting applications

User Avatar

Wiki User

15y ago

Still curious? Ask our experts.

Chat with our AI personalities

JudyJudy
Simplicity is my specialty.
Chat with Judy
JordanJordan
Looking for a career mentor? I've seen my fair share of shake-ups.
Chat with Jordan
TaigaTaiga
Every great hero faces trials, and you—yes, YOU—are no exception!
Chat with Taiga
More answers

It is an electronic format for an bank account transactions details. Usually you can download it from online banking applications.

User Avatar

Wiki User

15y ago
User Avatar

MT 920 is "request message".

Sent by a Participant to the CAS to request MT941 or MT942. MT941 or MT942 is returned to the submitter of MT920.

User Avatar

Wiki User

15y ago
User Avatar

Add your answer:

Earn +20 pts
Q: What is swift MT940?
Write your answer...
Submit
Still have questions?
magnify glass
imp