The originator bank issues the ISO 20022 camt.053 message to the originator.. It shows all of the transactions against the originator’s bank account on a given day.
In addition to debits/credits, the camt.053 will contain an opening and closing balance. It is also known as BankToCustomerAccountReport
You can find the definition of the CAMT.053, along with its message definition report, here
Building blocks of Camt.053
GroupHeader – this element is mandatory and contains the msg identifier and date and time the camt.053 was created.
The GroupHeader contains the following elements:
- Message Identification – unique identifier of the message
- Creation Date and Time – creation date and time of the message
- Number of Transactions – total number of individual transactions
- Control Sum – sum of control amounts of all the transactions
- Authorisation – indicates authorisation status of the message
- From – indicate the financial institution which sent the account statement
- To – indicate the customer receiving the account statement.
Statement(s) – The statement is a repetitive element and represents each bank account for which a statement is provided. Each statement will contain a balance and entries.
The statement(s) will contain the following elements:
- Statement Identification – unique identifier for the message
- Start/End Date and Time – indicates the duration in which the statement applies.
- Frequency – indicates the frequency of the statement.
- Update Type – indicates the purpose of the statement
- Supplementary Data – indicates any additonal data provided
- EntryDetails – Provides information about individual transactions in the statement