MT942 file format
SWIFT MT942 Interim Transaction Report
MT942 is the SWIFT intraday report. It lists account entries posted since the last report, with a floor limit, a timestamp and debit and credit totals.
Treasury and liquidity teams use MT942 to track same-day cash movements before the end-of-day MT940 arrives. Payment companies use it to release funds, fund accounts and spot incoming credits during the day.
File structure
| Code | Name | Purpose | Required |
|---|---|---|---|
:20: | Transaction Reference Number | Sender's reference for this report. | Yes |
:21: | Related Reference | Links to a request such as an MT920. Otherwise usually absent. | No |
:25: | Account Identification | Account number or IBAN being reported. | Yes |
:28C: | Statement Number/Sequence Number | Report number, optionally with a page sequence number after a slash. | Yes |
:34F: (first) | Floor Limit Indicator | Minimum amount reported. When debit and credit floors differ, this first occurrence carries D. | Yes |
:34F: (second) | Floor Limit Indicator (credit) | Credit floor limit, present when debit and credit floors are given separately. | Conditional |
:13D: | Date/Time Indication | Date, time and UTC offset at which the report was created. | Yes |
:61: | Statement Line | One entry, using the same subfield layout as MT940 :61:. | No |
:86: | Information to Account Owner | Narrative for the preceding :61:, up to 6 lines of 65 characters. | No |
:90D: | Number and Sum of Entries (debit) | Count, currency and total of debit entries in the report. | No |
:90C: | Number and Sum of Entries (credit) | Count, currency and total of credit entries in the report. | No |
:86: (report level) | Information to Account Owner | Optional closing narrative for the whole report. | No |
Key codes
| Code | Meaning | Source | Category |
|---|---|---|---|
:34F: layout 3!a[1!a]15d | Currency, optional D or C mark, floor amount with comma decimal | Handelsbanken; Citi | Floor limit |
:34F: D mark | Debit floor limit (first occurrence) | Citi; Goldman Sachs | Floor limit |
:34F: C mark | Credit floor limit (second occurrence) | Citi; Goldman Sachs | Floor limit |
:13D: layout 6!n4!n1!x4!n | Date YYMMDD, time HHMM, sign + or -, offset HHMM from UTC | Handelsbanken; mBank; Goldman Sachs | Timestamp |
:90D: layout 5n3!a15d | Number of debit entries, currency, total debit amount | Handelsbanken; Citi; mBank | Totals |
:90C: layout 5n3!a15d | Number of credit entries, currency, total credit amount | Handelsbanken; Citi; mBank | Totals |
:61: subfields | Value date, entry date, D/C mark, funds code, amount, type code, owner ref, bank ref, details | Handelsbanken; ING | :61: layout |
C / D / RC / RD | Credit, debit, reversal of credit, reversal of debit | Handelsbanken; ING | D/C mark |
S / N / F type prefix | SWIFT message, non-SWIFT instruction, or first advised by the bank | Handelsbanken | Type code prefix |
Sample file
Synthetic example with a fictional bank and account. Real files vary by bank.
:20:INTRA261026001
:25:0001234567
:28C:299/1
:34F:USDD0,00
:34F:USDC0,00
:13D:2610261130+0000
:61:2610261026C2500,00NTRFINV-1002//FT2610260001
:86:INCOMING TRANSFER ACME TRADING LTD INV-1002
:61:2610261026D400,00NTRFPO-7790//FT2610260002
:86:PAYMENT TO FICTIONAL SUPPLIES CO PO-7790
:90D:1USD400,00
:90C:1USD2500,00
-Reading balances
The bank guides checked define no opening or closing balance tags for MT942. Take ledger balances from the previous MT940 :62F: and :64:. Add credits and subtract debits from each MT942, using :90C: and :90D: as control totals. For true intraday balances, request camt.052 with ITBD and ITAV.
Parsing and reconciliation pitfalls
- Reports can be cumulative or incremental depending on bank setup. Deduplicate entries by bank reference so repeated items are not posted twice.
- The :13D: offset carries the time zone. Convert to UTC before ordering reports from banks in different regions.
- Some banks emit :13: instead of :13D:. Citi's export does this by default, so accept both labels.
- A non-zero :34F: floor hides small entries. Totals in :90D: and :90C: then cover only reported items, not all activity.
- Intraday entries can be reversed or rebooked before end of day. Treat MT942 data as provisional and reconcile against the MT940.
How it compares
MT942 reports intraday entries; MT940 is the end-of-day statement with booked balances. camt.052 is the ISO 20022 equivalent and can carry interim balances (ITBD, ITAV) and pending entries. BAI2 handles intraday reporting through as-of-date modifier 3 and current balance codes 030 and 060.
Polynopsis reads statement files like this one through a forwarding inbox and turns them into a live position alongside your API-connected accounts. See how it works.
Frequently asked questions
What is the difference between MT940 and MT942?
MT940 is the end-of-day statement with opening, closing and available balances. MT942 is an intraday report of entries since the last report. It adds a floor limit, timestamp and debit and credit totals, but no standard balance tags.
What does :34F: mean in MT942?
:34F: is the floor limit. Entries below this amount are left out. A first :34F: with D gives the debit floor; a second with C gives the credit floor. Banks often send zero to report everything.
Is MT942 being replaced by camt.052?
Yes, over time. Swift maps MT942 to camt.052. Its CBPR+ roadmap makes camt reporting mandatory to receive by November 2027 for bank-to-bank traffic. Corporate channels follow each bank's own timeline.
Other formats
Sources
- MT942 Interim Transaction Report format description · Handelsbanken
- SWIFT MT942 Export User Guide · Citi Handlowy (Citibank Poland)
- MT940 and MT942 Format Description for InsideBusiness Payments · ING
- SWIFT Reporting (MT940, MT942) · Goldman Sachs Transaction Banking
- CBPR+ roadmap beyond November 2025 (v6, September 2026) · Swift
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