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Small and medium business | Business Central, N...
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MT940 converter

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hi, I have one bank account in MT940 format where the bank is unable to deliver it in CAMT053. All other bank account statements are delivered in CAMT053. Is there a converter available to make sure my MT940 is being converted into CAMT053 before importing it?
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  • Gerardo Rentería García Profile Picture
    23,574 Most Valuable Professional on at
    MT940 converter

    Hi, good day
    I hope this can help you, and give you some hints.

    MT940 - BIC Code

    MT940 - Bank Statement

    Best Regards
    Gerardo

  • Suggested answer
    Ramesh Kumar Profile Picture
    7,511 Super User 2025 Season 2 on at
    MT940 converter
    Hi,
     
    You should collaborate with a partner or a banking ISV to have the format created. I wouldn’t recommend using open-source formats unless you're fully familiar with the code
     
     
    Thanks
    Ramesh
     
    If this was helpful, please check the "Does this answer your question?" box and mark it as verified.
  • Suggested answer
    Khushbu Rajvi. Profile Picture
    19,160 Super User 2025 Season 2 on at
    MT940 converter

    There’s no native converter in Business Central to transform MT940 to CAMT.053, but you can use third-party tools or custom middleware to handle the conversion. Solutions like SWIFT Translator, Serrala, or bank integration platforms (e.g., Finastra, TIS) often offer MT940-to-CAMT.053 conversion. Alternatively, a custom script (e.g., using Power Automate or a small .NET app) can parse MT940 and generate CAMT.053 XML format if you have consistent MT940 structure from the bank.

    https://corporates.db.com/in-focus/Focus-topics/iso20022/blogs/transitioning-to-iso-20022-account-statements

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