[{"data":1,"prerenderedAt":1247},["ShallowReactive",2],{"blog-\u002Fblog\u002Fmt940-transaction-type-codes":3,"blog-related-\u002Fblog\u002Fmt940-transaction-type-codes":1217},{"id":4,"title":5,"audience":6,"body":10,"cluster":1171,"conversionGoal":1172,"cornerstone":1173,"date":1174,"description":1175,"draft":1173,"extension":1176,"factCheckedAt":1174,"faq":1177,"featured":1173,"language":1187,"meta":1188,"minRead":1189,"navigation":1190,"order":1191,"originalAsset":1187,"path":1192,"pillar":1193,"primaryKeyword":1194,"publicationOrder":1195,"relatedProject":1187,"releaseScope":1196,"reviewCycle":1197,"reviewMethod":1198,"reviewStatus":1199,"reviewedAt":1174,"reviewedBy":1200,"searchIntent":1201,"seo":1202,"sources":1203,"stem":1210,"tags":1211,"type":1215,"updated":1187,"__hash__":1216},"blog\u002Fblog\u002Fmt940-transaction-type-codes.md","MT940 Transaction Type Codes: NTRF, NCHG, NDDT and the Rest",[7,8,9],"treasury-system-lead","solution-architect","treasury-analyst",{"type":11,"value":12,"toc":1164},"minimark",[13,32,37,63,74,88,92,95,1142,1145,1149],[14,15,16,31],"p",{},[17,18,19,20,25,26,30],"strong",{},"Every :61: line of an ",[21,22,24],"a",{"href":23},"\u002Fblog\u002Fmt940-format-tags-explained","MT940"," carries a four-character transaction type: one letter, then three characters. ",[27,28,29],"code",{},"NTRF",", for example, is N, then TRF: Transfer."," The letter says what the three characters are, and for N and F they come from a short list that SWIFT keeps. This page is that list, all 57 codes.",[33,34,36],"h2",{"id":35},"the-letter-in-front","The letter in front",[38,39,40,51,57],"ul",{},[41,42,43,46,47,50],"li",{},[17,44,45],{},"S"," + three digits: the SWIFT message type behind the entry, such as ",[27,48,49],{},"S103",".",[41,52,53,56],{},[17,54,55],{},"N"," + three characters: a code from the list below, for entries arising from payment and transfer instructions.",[41,58,59,62],{},[17,60,61],{},"F"," + three characters: a code from the same list, for entries the account servicing institution originated itself.",[14,64,65,66,69,70,73],{},"So ",[27,67,68],{},"NCHG"," and ",[27,71,72],{},"FCHG"," are both charges; the letter says who started them. A bank's MT940 description says which codes it sends — most send a handful, and some put their own codes in the :86: field beside the line.",[75,76,78],"callout",{"type":77},"tip",[14,79,80,81,87],{},"Have an MT940 in front of you? The free ",[21,82,84],{"href":83},"\u002Ftools\u002Fbank-file-reader",[17,85,86],{},"Bank File Reader"," reads every :61: line and spells out its code.",[33,89,91],{"id":90},"the-codes","The codes",[14,93,94],{},"From SWIFT's User Handbook, as Banco Bradesco reproduces it in its MT940 layout, checked against Commerzbank's list. The third column is how each appears in a file.",[96,97,98,114],"table",{},[99,100,101],"thead",{},[102,103,104,108,111],"tr",{},[105,106,107],"th",{},"Code",[105,109,110],{},"Meaning",[105,112,113],{},"As it appears",[115,116,117,137,155,173,191,209,225,243,261,279,297,315,333,351,369,387,405,423,441,459,477,495,513,531,549,567,585,603,621,639,657,675,693,711,729,747,765,783,801,819,837,855,873,891,909,927,945,963,981,999,1017,1035,1053,1070,1088,1106,1124],"tbody",{},[102,118,119,125,128],{},[120,121,122],"td",{},[17,123,124],{},"BNK",[120,126,127],{},"Securities Related Item - Bank fees",[120,129,130,133,134],{},[27,131,132],{},"NBNK",", ",[27,135,136],{},"FBNK",[102,138,139,144,147],{},[120,140,141],{},[17,142,143],{},"BOE",[120,145,146],{},"Bill of exchange",[120,148,149,133,152],{},[27,150,151],{},"NBOE",[27,153,154],{},"FBOE",[102,156,157,162,165],{},[120,158,159],{},[17,160,161],{},"BRF",[120,163,164],{},"Brokerage fee",[120,166,167,133,170],{},[27,168,169],{},"NBRF",[27,171,172],{},"FBRF",[102,174,175,180,183],{},[120,176,177],{},[17,178,179],{},"CAR",[120,181,182],{},"Securities Related Item - Corporate Actions Related",[120,184,185,133,188],{},[27,186,187],{},"NCAR",[27,189,190],{},"FCAR",[102,192,193,198,201],{},[120,194,195],{},[17,196,197],{},"CAS",[120,199,200],{},"Securities Related Item - Cash in Lieu",[120,202,203,133,206],{},[27,204,205],{},"NCAS",[27,207,208],{},"FCAS",[102,210,211,216,219],{},[120,212,213],{},[17,214,215],{},"CHG",[120,217,218],{},"Charges and other expenses",[120,220,221,133,223],{},[27,222,68],{},[27,224,72],{},[102,226,227,232,235],{},[120,228,229],{},[17,230,231],{},"CHK",[120,233,234],{},"Cheques",[120,236,237,133,240],{},[27,238,239],{},"NCHK",[27,241,242],{},"FCHK",[102,244,245,250,253],{},[120,246,247],{},[17,248,249],{},"CLR",[120,251,252],{},"Cash letters\u002FCheques remittance",[120,254,255,133,258],{},[27,256,257],{},"NCLR",[27,259,260],{},"FCLR",[102,262,263,268,271],{},[120,264,265],{},[17,266,267],{},"CMI",[120,269,270],{},"Cash management item - No detail",[120,272,273,133,276],{},[27,274,275],{},"NCMI",[27,277,278],{},"FCMI",[102,280,281,286,289],{},[120,282,283],{},[17,284,285],{},"CMN",[120,287,288],{},"Cash management item - Notional pooling",[120,290,291,133,294],{},[27,292,293],{},"NCMN",[27,295,296],{},"FCMN",[102,298,299,304,307],{},[120,300,301],{},[17,302,303],{},"CMP",[120,305,306],{},"Compensation claims",[120,308,309,133,312],{},[27,310,311],{},"NCMP",[27,313,314],{},"FCMP",[102,316,317,322,325],{},[120,318,319],{},[17,320,321],{},"CMS",[120,323,324],{},"Cash management item - Sweeping",[120,326,327,133,330],{},[27,328,329],{},"NCMS",[27,331,332],{},"FCMS",[102,334,335,340,343],{},[120,336,337],{},[17,338,339],{},"CMT",[120,341,342],{},"Cash management item - Topping",[120,344,345,133,348],{},[27,346,347],{},"NCMT",[27,349,350],{},"FCMT",[102,352,353,358,361],{},[120,354,355],{},[17,356,357],{},"CMZ",[120,359,360],{},"Cash management item - Zero balancing",[120,362,363,133,366],{},[27,364,365],{},"NCMZ",[27,367,368],{},"FCMZ",[102,370,371,376,379],{},[120,372,373],{},[17,374,375],{},"COL",[120,377,378],{},"Collections",[120,380,381,133,384],{},[27,382,383],{},"NCOL",[27,385,386],{},"FCOL",[102,388,389,394,397],{},[120,390,391],{},[17,392,393],{},"COM",[120,395,396],{},"Commission",[120,398,399,133,402],{},[27,400,401],{},"NCOM",[27,403,404],{},"FCOM",[102,406,407,412,415],{},[120,408,409],{},[17,410,411],{},"CPN",[120,413,414],{},"Securities Related Item - Coupon payments",[120,416,417,133,420],{},[27,418,419],{},"NCPN",[27,421,422],{},"FCPN",[102,424,425,430,433],{},[120,426,427],{},[17,428,429],{},"DCR",[120,431,432],{},"Documentary credit",[120,434,435,133,438],{},[27,436,437],{},"NDCR",[27,439,440],{},"FDCR",[102,442,443,448,451],{},[120,444,445],{},[17,446,447],{},"DDT",[120,449,450],{},"Direct Debit Item",[120,452,453,133,456],{},[27,454,455],{},"NDDT",[27,457,458],{},"FDDT",[102,460,461,466,469],{},[120,462,463],{},[17,464,465],{},"DIS",[120,467,468],{},"Securities Related Item - Gains disbursement",[120,470,471,133,474],{},[27,472,473],{},"NDIS",[27,475,476],{},"FDIS",[102,478,479,484,487],{},[120,480,481],{},[17,482,483],{},"DIV",[120,485,486],{},"Securities Related Item - Dividends",[120,488,489,133,492],{},[27,490,491],{},"NDIV",[27,493,494],{},"FDIV",[102,496,497,502,505],{},[120,498,499],{},[17,500,501],{},"EQA",[120,503,504],{},"Equivalent amount",[120,506,507,133,510],{},[27,508,509],{},"NEQA",[27,511,512],{},"FEQA",[102,514,515,520,523],{},[120,516,517],{},[17,518,519],{},"EXT",[120,521,522],{},"Securities Related Item - External transfer for own account",[120,524,525,133,528],{},[27,526,527],{},"NEXT",[27,529,530],{},"FEXT",[102,532,533,538,541],{},[120,534,535],{},[17,536,537],{},"FEX",[120,539,540],{},"Foreign exchange",[120,542,543,133,546],{},[27,544,545],{},"NFEX",[27,547,548],{},"FFEX",[102,550,551,556,559],{},[120,552,553],{},[17,554,555],{},"INT",[120,557,558],{},"Interest",[120,560,561,133,564],{},[27,562,563],{},"NINT",[27,565,566],{},"FINT",[102,568,569,574,577],{},[120,570,571],{},[17,572,573],{},"LBX",[120,575,576],{},"Lock box",[120,578,579,133,582],{},[27,580,581],{},"NLBX",[27,583,584],{},"FLBX",[102,586,587,592,595],{},[120,588,589],{},[17,590,591],{},"LDP",[120,593,594],{},"Loan deposit",[120,596,597,133,600],{},[27,598,599],{},"NLDP",[27,601,602],{},"FLDP",[102,604,605,610,613],{},[120,606,607],{},[17,608,609],{},"MAR",[120,611,612],{},"Securities Related Item - Margin payments\u002FReceipts",[120,614,615,133,618],{},[27,616,617],{},"NMAR",[27,619,620],{},"FMAR",[102,622,623,628,631],{},[120,624,625],{},[17,626,627],{},"MAT",[120,629,630],{},"Securities Related Item - Maturity",[120,632,633,133,636],{},[27,634,635],{},"NMAT",[27,637,638],{},"FMAT",[102,640,641,646,649],{},[120,642,643],{},[17,644,645],{},"MGT",[120,647,648],{},"Securities Related Item - Management fees",[120,650,651,133,654],{},[27,652,653],{},"NMGT",[27,655,656],{},"FMGT",[102,658,659,664,667],{},[120,660,661],{},[17,662,663],{},"MSC",[120,665,666],{},"Miscellaneous",[120,668,669,133,672],{},[27,670,671],{},"NMSC",[27,673,674],{},"FMSC",[102,676,677,682,685],{},[120,678,679],{},[17,680,681],{},"NWI",[120,683,684],{},"Securities Related Item - New issues distribution",[120,686,687,133,690],{},[27,688,689],{},"NNWI",[27,691,692],{},"FNWI",[102,694,695,700,703],{},[120,696,697],{},[17,698,699],{},"ODC",[120,701,702],{},"Overdraft charge",[120,704,705,133,708],{},[27,706,707],{},"NODC",[27,709,710],{},"FODC",[102,712,713,718,721],{},[120,714,715],{},[17,716,717],{},"OPT",[120,719,720],{},"Securities Related Item - Options",[120,722,723,133,726],{},[27,724,725],{},"NOPT",[27,727,728],{},"FOPT",[102,730,731,736,739],{},[120,732,733],{},[17,734,735],{},"PCH",[120,737,738],{},"Securities Related Item - Purchase",[120,740,741,133,744],{},[27,742,743],{},"NPCH",[27,745,746],{},"FPCH",[102,748,749,754,757],{},[120,750,751],{},[17,752,753],{},"POP",[120,755,756],{},"Securities Related Item - Pair-off proceeds",[120,758,759,133,762],{},[27,760,761],{},"NPOP",[27,763,764],{},"FPOP",[102,766,767,772,775],{},[120,768,769],{},[17,770,771],{},"PRN",[120,773,774],{},"Securities Related Item - Principal pay-down\u002Fpay-up",[120,776,777,133,780],{},[27,778,779],{},"NPRN",[27,781,782],{},"FPRN",[102,784,785,790,793],{},[120,786,787],{},[17,788,789],{},"REC",[120,791,792],{},"Securities Related Item - Tax reclaim",[120,794,795,133,798],{},[27,796,797],{},"NREC",[27,799,800],{},"FREC",[102,802,803,808,811],{},[120,804,805],{},[17,806,807],{},"RED",[120,809,810],{},"Securities Related Item - Redemption\u002FWithdrawal",[120,812,813,133,816],{},[27,814,815],{},"NRED",[27,817,818],{},"FRED",[102,820,821,826,829],{},[120,822,823],{},[17,824,825],{},"RIG",[120,827,828],{},"Securities Related Item - Rights",[120,830,831,133,834],{},[27,832,833],{},"NRIG",[27,835,836],{},"FRIG",[102,838,839,844,847],{},[120,840,841],{},[17,842,843],{},"RTI",[120,845,846],{},"Returned item",[120,848,849,133,852],{},[27,850,851],{},"NRTI",[27,853,854],{},"FRTI",[102,856,857,862,865],{},[120,858,859],{},[17,860,861],{},"SAL",[120,863,864],{},"Securities Related Item - Sale",[120,866,867,133,870],{},[27,868,869],{},"NSAL",[27,871,872],{},"FSAL",[102,874,875,880,883],{},[120,876,877],{},[17,878,879],{},"SEC",[120,881,882],{},"Securities",[120,884,885,133,888],{},[27,886,887],{},"NSEC",[27,889,890],{},"FSEC",[102,892,893,898,901],{},[120,894,895],{},[17,896,897],{},"SLE",[120,899,900],{},"Securities Related Item - Securities lending related",[120,902,903,133,906],{},[27,904,905],{},"NSLE",[27,907,908],{},"FSLE",[102,910,911,916,919],{},[120,912,913],{},[17,914,915],{},"STO",[120,917,918],{},"Standing order",[120,920,921,133,924],{},[27,922,923],{},"NSTO",[27,925,926],{},"FSTO",[102,928,929,934,937],{},[120,930,931],{},[17,932,933],{},"STP",[120,935,936],{},"Securities Related Item - Stamp duty",[120,938,939,133,942],{},[27,940,941],{},"NSTP",[27,943,944],{},"FSTP",[102,946,947,952,955],{},[120,948,949],{},[17,950,951],{},"SUB",[120,953,954],{},"Securities Related Item - Subscription",[120,956,957,133,960],{},[27,958,959],{},"NSUB",[27,961,962],{},"FSUB",[102,964,965,970,973],{},[120,966,967],{},[17,968,969],{},"SWP",[120,971,972],{},"Securities Related Item - SWAP payment",[120,974,975,133,978],{},[27,976,977],{},"NSWP",[27,979,980],{},"FSWP",[102,982,983,988,991],{},[120,984,985],{},[17,986,987],{},"TAX",[120,989,990],{},"Securities Related Item - Withholding tax payment",[120,992,993,133,996],{},[27,994,995],{},"NTAX",[27,997,998],{},"FTAX",[102,1000,1001,1006,1009],{},[120,1002,1003],{},[17,1004,1005],{},"TCK",[120,1007,1008],{},"Travellers' cheques",[120,1010,1011,133,1014],{},[27,1012,1013],{},"NTCK",[27,1015,1016],{},"FTCK",[102,1018,1019,1024,1027],{},[120,1020,1021],{},[17,1022,1023],{},"TCM",[120,1025,1026],{},"Securities Related Item - Tripartite collateral management",[120,1028,1029,133,1032],{},[27,1030,1031],{},"NTCM",[27,1033,1034],{},"FTCM",[102,1036,1037,1042,1045],{},[120,1038,1039],{},[17,1040,1041],{},"TRA",[120,1043,1044],{},"Securities Related Item - Internal transfer for own account",[120,1046,1047,133,1050],{},[27,1048,1049],{},"NTRA",[27,1051,1052],{},"FTRA",[102,1054,1055,1060,1063],{},[120,1056,1057],{},[17,1058,1059],{},"TRF",[120,1061,1062],{},"Transfer",[120,1064,1065,133,1067],{},[27,1066,29],{},[27,1068,1069],{},"FTRF",[102,1071,1072,1077,1080],{},[120,1073,1074],{},[17,1075,1076],{},"TRN",[120,1078,1079],{},"Securities Related Item - Transaction fee",[120,1081,1082,133,1085],{},[27,1083,1084],{},"NTRN",[27,1086,1087],{},"FTRN",[102,1089,1090,1095,1098],{},[120,1091,1092],{},[17,1093,1094],{},"UWC",[120,1096,1097],{},"Securities Related Item - Underwriting commission",[120,1099,1100,133,1103],{},[27,1101,1102],{},"NUWC",[27,1104,1105],{},"FUWC",[102,1107,1108,1113,1116],{},[120,1109,1110],{},[17,1111,1112],{},"VDA",[120,1114,1115],{},"Value date adjustment",[120,1117,1118,133,1121],{},[27,1119,1120],{},"NVDA",[27,1122,1123],{},"FVDA",[102,1125,1126,1131,1134],{},[120,1127,1128],{},[17,1129,1130],{},"WAR",[120,1132,1133],{},"Securities Related Item - Warrant",[120,1135,1136,133,1139],{},[27,1137,1138],{},"NWAR",[27,1140,1141],{},"FWAR",[14,1143,1144],{},"About half the list is securities-related items; the payment codes — TRF, CHG, INT, DDT, STO, COM, MSC and their kin — are the ones on a cash account's statement. Commerzbank's list also has ECK, Eurocheques, which the handbook version reproduced here does not.",[33,1146,1148],{"id":1147},"the-same-movement-in-camt","The same movement in camt",[14,1150,1151,1152,1156,1157,1159,1160,1163],{},"A camt.053 statement does not use these codes. It carries ISO's three-level ",[21,1153,1155],{"href":1154},"\u002Fblog\u002Fiso-20022-bank-transaction-codes","bank transaction code"," instead, so an incoming SEPA transfer that is ",[27,1158,29],{}," here is ",[27,1161,1162],{},"PMNT-RCDT-ESCT"," there. Moving an importer from MT940 to camt means a new mapping on this field, not a renamed one.",{"title":1165,"searchDepth":1166,"depth":1166,"links":1167},"",2,[1168,1169,1170],{"id":35,"depth":1166,"text":36},{"id":90,"depth":1166,"text":91},{"id":1147,"depth":1166,"text":1148},"connectivity","bank-file-reader",false,"2026-10-15","The MT940 :61: transaction type codes in full: what the S, N and F letter means, and all 57 three-letter codes from TRF and CHG to the securities set.","md",[1178,1181,1184],{"question":1179,"answer":1180},"What does NTRF mean in an MT940?","It is the transaction type of a :61: statement line: N, then TRF, which is Transfer in SWIFT's list of codes. N marks a code from that list; the three letters after it say what kind of entry it is. NTRF marks a transfer, in either direction: the D or C mark earlier in the same line says which.",{"question":1182,"answer":1183},"What is the difference between NTRF, FTRF and S103 in field 61?","The first letter says what follows. S is followed by the number of the SWIFT message type behind the entry, such as S103. N is followed by one of SWIFT's three-letter codes. F is followed by one of the same codes, for an entry the account servicing institution originated itself.",{"question":1185,"answer":1186},"Where do the MT940 transaction type codes come from?","From SWIFT's standards for the MT940, field 61, sub-field 6 (format 1!a3!c). The list itself is in SWIFT's User Handbook, which is behind a login; banks reproduce it in their MT940 format descriptions, and this page is built from two of those.",null,{},4,true,3.31,"\u002Fblog\u002Fmt940-transaction-type-codes","treasury-systems-architecture","MT940 transaction type codes",249,"The transaction type identification codes of MT940 field 61, sub-field 6, as reproduced from the SWIFT User Handbook (November 2008) in Banco Bradesco's MT940 layout, cross-checked against Commerzbank's list of SWIFT transaction codes. SWIFT's own handbook is behind a login.","on SWIFT standards release changes to MT940 field 61","editorial-and-factual","reviewed","Tan Gravam","informational",{"title":5,"description":1175},[1204,1207],{"title":1205,"url":1206,"accessed":1174},"Banco Bradesco — MT940 bank reconciliation file layout (English), section 2.1 SWIFT Transaction codes, from SWIFT User Handbook November 2008","https:\u002F\u002Fbanco.bradesco\u002Fassets\u002Fpessoajuridica\u002Fpdf\u002Fsolucoes-integradas\u002Foutros\u002Flayout-de-arquivo\u002Fconciliacao_bancaria_mt940_en.pdf",{"title":1208,"url":1209,"accessed":1174},"Commerzbank — S.W.I.F.T. Transaction Codes","https:\u002F\u002Fwww.commerzbank.com\u002Fms\u002Fdocuments\u002Fen\u002Fswift-transaction-codes-en.pdf","blog\u002Fmt940-transaction-type-codes",[1212,1213,1214],"treasury","bank-connectivity","integration","text","tUA8OrmbG6AYaLS9ProhwVqUsicIsKhQ2fy1X_iPOaI",{"related":1218,"bridge":1231,"next":1235,"guide":1239,"place":1242},[1219,1223,1227],{"path":1220,"title":1221,"description":1222},"\u002Fblog\u002Fbai2-file-format-explained","BAI2 File Format: Records, Type Codes and How to Read One","Every BAI2 record explained: the 01–99 hierarchy, balance codes 010\u002F015\u002F040\u002F045, credit vs debit type-code ranges, the funds-type field and control totals.",{"path":1224,"title":1225,"description":1226},"\u002Fblog\u002Fmt101-vs-mt103-vs-mt202","MT101 vs MT103 vs MT202: Which SWIFT Message Does What","MT101 is a corporate's payment instruction, MT103 a bank-to-bank customer transfer, MT202 an interbank transfer. How they differ and what replaced them.",{"path":1228,"title":1229,"description":1230},"\u002Fblog\u002Fiso-20022-payments-pain-001-pain-002","ISO 20022 for Corporates: pain, camt and pacs Messages","The ISO 20022 messages a corporate treasury meets — pain.001, pain.002, pain.008, camt.052\u002F053\u002F054, camt.086 and pacs — and which guide covers each.",{"path":1232,"title":1233,"description":1234,"specific":1173},"\u002Fblog\u002Fai-workflow-teardown-bank-reconciliation","AI Workflow Teardown: Bank Reconciliation","Bank reconciliation taken apart: why the matching engine was never the bottleneck, what AI does with the residue, and which breaks need a named human.",{"path":1236,"title":1237,"description":1238},"\u002Fblog\u002Fvalue-date-vs-booking-date-vs-entry-date","Value Date vs Booking Date vs Entry Date on a Bank Statement","Value date, booking date and entry date on a bank statement: what each means, where it sits in camt.053, MT940 and BAI2, and which date your cash position uses.",{"slug":1193,"name":1240,"total":1241},"Treasury Systems Architecture & Connectivity",42,{"label":1243,"position":1244,"total":1245,"hub":1246},"Connectivity",11,25,"\u002Ftopics\u002Ftreasury-systems-architecture#cluster-connectivity",1792094643906]