FinanceAIby Stellitron

Glossary/MT940

MT940

MT940 is a SWIFT message type that delivers end-of-day bank statement lines for reconciliation.

Usage

Corporate treasury and international subsidiaries use MT940/942 for multi-currency operating accounts.

How FinanceAI handles this

MT940 tags are normalized to common matching keys during pilot mapping.

Reconciliation Agent Try with your data

Related terms

Questions

MT940 vs MT942?

MT940 is end-of-day; MT942 provides intraday snapshots.

Run it on your own document

Upload a dummy bank statement, KYC pack, or trial balance. Agents read it, apply policy checks, and show each step before a human would approve.

Try with your data or request a demo