Bank statement messaging
ERPs are required to support bank statement messages in formats that are provided by banks. Typically, the message data is imported by bank customers to their cash management or general ledger systems and reconciled with the underlying ERP cash transactions.
Netherlands specifics
The XML Bank to Customer statement message ISO20022 camt.053.001.02 and the SWIFT MT940 structured formats are used in the Netherlands.
The SWIFT MT940 format is similar to the standard MT940, but has additional SEPA-specific information in the remittance, such as using structured code words.