MT940 file-clearing based on IBAN number

[rekhaselvam25]

Hi All,

Wanted to check, if no invoice details are provided by customer while making the payment -then MT940 file doesn't have any details of invoice in Tag 86 and in that case if bank details are given i.e IBAN or bank account number ,is it possible to clear based on the IBAN or bank account number?

[polaggari]

Hi Rekha,

my understanding of the issue is: you are getting an incoming payment from customer in a bank statement, and in the statement you are receiving bank account details of customer but not the original invoice accounting document number and you want to clear the customer open item while posting your incoming payment. If so, the answer is NO. you need to have either original invoice accounting document number or reference number (XBLNR) of the original accounting document number in the coming file for the clearing to work automatically.

Thank you,

Sree.