MT940 transaction type S: SWIFT transfer
In field 61 of MT940 statements and MT942 interim transaction reports, transaction type S means SWIFT transfer. For entries related to SWIFT transfer instructions and subsequent charge messages. With transaction type S, the identification code is the message type of the SWIFT message causing the entry (for debit entries) or the message type of the SWIFT message used to advise the account owner (for credit entries); it must be a number in the range 100 to 999, for example S103.
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