camt.053 API for retrieving bank statements
A machine-readable statement brings a bank account's transactions in structured form straight into accounting or ERP software, so reconciliation and bookings can be automated. Today the statement is retrieved in camt.053 format over the Web Services channel.
What camt.053 is
camt.053 is the ISO 20022 machine-readable statement used in Finnish banking in place of the older Finnish TITO format. It contains account balances and individual transactions in structured XML, including reference data for incoming payments.
The structured format enables automatic reconciliation: software can match incoming reference payments to sales invoices with no manual work.
camt.053, camt053, or camt 053?
The spellings camt.053, camt053, and camt 053 refer to the same ISO 20022 Bank-to-Customer Statement message family. Banks also identify a schema version, such as camt.053.001.08. Your software must recognize the version delivered by the bank and its bank-specific implementation guidelines.
How the statement is retrieved
The statement is retrieved over the bank's Web Services channel with a signed message. Retrieval requires valid certificates and a Web Services agreement with the bank. Incoming reference payments can be retrieved similarly as a separate file.
- camt.053 statement with balances and transactions
- Matching data for incoming reference payments
- Retrieval over the Web Services channel, signed with certificates
- Automatic reconciliation to accounts receivable
camt.053 and camt.054 serve different needs
camt.053 summarizes account balances and booked entries for a reporting period. camt.054 is a debit or credit notification that a bank may provide before the next statement. Availability and delivery frequency depend on the bank agreement.
Statements through ISECure
ISECure retrieves camt.053 statements from the Finnish banks we support through one REST API. We handle certificates and signing, so your software gets statements from one place with the same integration.