CAMT.053 is an international standard for digital bank statements. It offers companies and organizations a uniform and informative way to receive and process daily account data.
CAMT.053 is a message format within the ISO 20022 standard and is used for the digital exchange of daily bank statements between banks and their customers. It is the modern successor to the MT940 message from SWIFT and offers more comprehensive and better structured data. As a result, the format supports automated processing in ERP systems, accounting packages, and treasury solutions.
Key features
XML message structure based on ISO 20022
Overview of opening balance, closing balance, and interim positions
Detailed transaction lines with references and additional data
Ability to include information from multiple accounts in a single file
Suitable for automatic processing, reducing or eliminating the need for manual processing of bank statements
CAMT.053 in the Netherlands
In the Netherlands, CAMT.053 is already offered to business customers by various banks. The Dutch Payments Association supports this through knowledge sharing, coordination with banks and software suppliers, and the management of the Dutch Implementation Guidelines CAMT.053. These guidelines ensure that CAMT.053 is applied uniformly in the Netherlands.
Future and developments
Due to the global transition to ISO 20022, CAMT.053 will continue to evolve. Richer data and further standardization support more efficient reconciliation, reporting, and automation for businesses.pportage en automatisering bij bedrijven.
