CAMT is coming! In November 2025, there will be a switch to the new format for electronic account statements

The SWIFT MT940/942 format, which has been the standard for electronic bank statements to date, has had its day. It is based on a text-based, poorly structured design and is increasingly reaching its limits in modern systems – especially when it comes to automation, data quality and integration into ERP systems such as SAP.

The new standard: CAMT

The new CAMT (Cash Management) format is part of the ISO 20022 message formats introduced as part of SEPA. It is based on XML, is fully structured, machine-readable and offers significantly higher data quality and automation capabilities.

Many banks in Germany and Switzerland are planning a mandatory switch to CAMT by November 2025 at the latest. Companies that use MT940/942 should prepare their systems for the new format in good time.

What exactly is changing?

MT940 (bank statements) will be replaced by CAMT.053.001.08. MT942 (prebooked items/interim postings) will be replaced by CAMT.052.001.08. The changeover usually requires technical adjustments to interfaces, mappings and booking logic in the payment transaction module.

Your advantages with CAMT

Technically, the new format offers greater depth of detail, a standardised data structure and better integration capabilities. In terms of processes, CAMT enables improved automation of bookings, payment allocations, reconciliations and cash management. And in terms of quality, manual intervention and sources of error are reduced thanks to precise data transmission.

With CAMT, you lay the foundation for future-proof, digitised financial management.

Our offer

We support you in the technical and procedural transition to CAMT, analyse your existing structures and implement the necessary adjustments in your SAP system. Feel free to contact us – we will provide you with reliable support during the transformation.