For the transfer of bank statement and account turnover information to bank customers, internationally the format SWIFT MT940, incl. the changes necessary due to the introduction of SEPA (Single Euro Payments Area) is used.
The MT940 format and connected options can usually only be used reasonably by customers if the software they use includes an interface for the further processing of MT940 files. However, as many standard program and in-house systems do not include an MT940 interface, use of this format is often not possible.
Our MT940 Wizard allows users to easily import, view and print MT940 files incl. the attributes from SEPA transactions such as end-to-end reference. The MT940 Wizard also provides the option to convert the MT940 data provided by the bank to a user-defined, line-oriented format or XML format. This facilitates further processing in programs such as numerous accounting systems, Excel, etc.