MT940 transaction type F: First advice
In field 61 of MT940 statements and MT942 interim transaction reports, transaction type F means First advice. For entries being first advised by the statement (items originated by the account servicing institution). It is followed by one of the three-character identification codes, for example FCHG.
Other MT940 transaction codes
The full format: MT940 explained and MT942 explained. All codes: MT940 transaction code list.
Where Polynopsis fits
Polynopsis reads bank statement files in BAI2, MT940 and ISO 20022 camt.053, read-only, and puts every bank balance into one live position with payout partner, exchange and stablecoin wallet balances, including money in flight.
Sources
- SWIFT Category 9 - Cash Management and Customer Status, Standards MT November 2024, Message Reference Guide (19 July 2024), MT 940 field 61 and MT 942 field 61 · SWIFT (copy hosted by BNP Paribas)
- SWIFT Category 9 Message Reference Guide, Standards MT November 2019 · SWIFT
Know where all your money is.
Polynopsis gives cross-border payment teams one live position across every bank, payout partner, exchange and wallet, including money in flight, and warns before a corridor runs dry.
About Polynopsis
Polynopsis is liquidity management software for cross-border payment companies. The name joins poly, many, and synopsis, a seeing together: one live view of money spread across many banks, payout partners, exchanges and stablecoin wallets, including money in flight, with a warning before any corridor runs dry.
Why it is called Polynopsis · About Polynopsis · Glossary · Corridor runway calculator