Kalpana Kalpana (Editor)

EBAM

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit

Electronic Bank Account Management (abbreviated as eBAM) represents the automation, through software, of the following activities between banks and their corporate customers:

Contents

  • Opening bank accounts
  • Maintaining bank accounts such as changing account signatories or spending limits
  • Closing bank accounts
  • Generating reports as required by law or regulation
  • The technology that is commonly used to implement eBAM automation is defined by SWIFT and the ISO 20022 Standard for Financial Services Messaging.

    eBAM software for banks

    Software vendors that offer eBAM software to banks that need to offer eBAM services to their corporate customers

    eBAM software for corporations

    Software vendors that offer eBAM software to corporations that need to communicate with their banks.

    Banks that offer eBAM services

    Banks that offer eBAM services to their corporate customers.

    References

    EBAM Wikipedia