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Will MT940 still be compatible after November 2025?

edited Mar 24, 2025 3:40PM in Payables, Payments & Cash Management 3 comments

Summary:

There's been articles around SWIFT MT940 statement format discontinuing. Will this still be supported in Oracle Fusion Cloud?

Content (please ensure you mask any confidential information):

According to articles I've found like the one below, the statement MT940 format will be replaced by CAMT0.53.

https://www.tso.de/en/news/news/replacement-of-bank-statement-formats-mt940/942-and-dtazv/

The information I got from one of our clients is that this will still continue to be available post November 2025.

I want to check if this is going to affect the integration on importing MT940 statement format at all in Oracle Fusion Cloud?

Will MT940 continue to be supported post November 2025 if it's available with the relevant banks?

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