camt053

CAMT053 is a message type in the ISO 20022 standard used for Bank to Customer Statements. Also known as BankToCustomerStatement, it provides a detailed statement of a bank account for a given period and is commonly used by banks to deliver transaction history and balance information to customers and corporate treasuries. CAMT053 replaces earlier formats such as the SWIFT MT940 and is designed for electronic processing and reconciliation.

A CAMT053 message contains a document header and one or more statements for specific accounts. Each statement includes identification information such as a statement ID, creation date and time, and the account details (typically an IBAN and account currency). The statement also lists balances, including opening and closing balances, and may include multiple balance entries with date, type, and amount. The core component is a sequence of entries (Ntry), each representing a single transaction. Each entry specifies the amount, currency, credit or debit indicator, booking date, value date, and status, and may carry additional details such as remittance information or transaction details.

CAMT053 is used for account reconciliation, cash management, and financial reporting. It supports rich metadata and can be exchanged in XML formats, enabling automated integration with accounting, ERP, and treasury systems. The format accommodates multiple currencies and can convey supplementary information about individual transactions through nested data structures.

Related CAMT messages, such as CAMT052 (Bank to Customer Account Report) and CAMT054 (Bank to Customer Debit/Credit Notification), serve complementary purposes. CAMT052 provides a broader account report, while CAMT054 notifies about changes to transactions or balances. CAMT053 is the standard for delivering detailed monthly or periodic statements directly to the account holder.