![]() It is a SWIFT MT940 sent to an account owner which is a bank, in our case Citibank New York that has a correspondent account with BNP Paribas Paris as we see on the picture below. In this article, we will consider an example of SWIFT MT940 and analyze the content. ![]() You can read the SWIFT MT940 message specifications here. It then receives SWIFT MT940 from various banks and delivers them to the account owner. or to financial institution authorised by account owner to receive it – The authorised financial institution can also play the role of a concentrating financial institution for an account owner.either directly to the account owner – In the SWIFT world account owners are banks or corporations.It is basically an account statement and therefore provide detailed information about all entries booked to an account. ![]() The SWIFT MT940 is called Customer Statement Message.
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