Introduction to Interbank Statement Requests

Banks send a request message to their correspondent requesting information related to their accounts (or accounts maintained for their customers, where a prior agreement is in place).

Incidentally an MT920 request message is sent to the account servicing institution to transmit one or more MT940 Customer Statements, MT941 Balance Report(s), MT942 Interim Transaction Report(s), or MT950 Statement Message(s) containing the latest information available for the account as identified in the message. This message has a multiple sequence consisting of account(s) for which the information and required message type(s) is requested. The MT920 message requires implementation of special procedures and its use is governed by bilateral agreements between correspondents.