SWIFT Reporting Messages Deep Dive

What You Can Do After This Chapter

Learning objective. Learner explains MT940 and MT950 statements, MT910 confirmations, and how opening, closing booked, closing available and forward balances are calculated. Learner uses real examples with amounts, banks and message names to show how the topic works in practice.

Practical assessment. Learner receives an MT940 statement and an MT950 statement for a euro account with opening, closing booked, closing available and forward available balances, then calculates each balance, reconciles the statement to the ledger, and explains a 12,000 euro difference found in the entries. Learner submits all work with sources, calculations and assumptions stated clearly, and reviews the result against the chapter checklist before submission.

Expected deliverables.

• MT940 balance calculation worksheet
• MT950 reconciliation to the ledger
• Balance definitions table with worked examples
• Exception note explaining a statement difference

Completion criterion. Learner calculates all four balances correctly, reconciles the statement to the ledger, and explains the difference with a clear, evidence-based note. Completion is judged on accuracy, completeness and clear written explanation throughout.