Balance Reporting service

Account statements from abroad

With the Balance Reporting Service you can download the account statements, transaction statements and balance information on your company’s accounts in Nordea’s foreign units and in other foreign banks conveniently through SWIFT.

How does your business benefit from Balance Reporting?

• Receivables monitoring is easier.
• Liquidity management is more efficient.
• You get overseas account information quickly.

With the service it is also easy to follow up on the balance and transactions of your company’s foreign accounts, already during the entry date. Check the availability of the service from your foreign bank.

Account information to abroad

It is possible to transfer account information on accounts with Nordea Bank Finland via SWIFT to other financial institutions as well.

The following report types are available:

• Account statement (MT 940 Customer Statement Message)
• Balance statement (MT 941 Balance Report)
• Transaction statement (MT 942 Interim Transaction Report)

The following further details of SEPA credit transfers are shown on account statements:

• Payer’s reference
• Payee’s name qualifier
• Payer’s name qualifier
• Archive ID