4. How it works
SWIFT Enabled Connectivity
ISO 20022-compliant XML
messaging can connect IT2 to a
large number of banks via the
SWIFT network
Entity A
Direct Connectivity
ISO 20022-compliant XML
Entity B messaging can connect IT2
directly to individual banks
Non-XML
Entity B Connectivity Email
Automate
mandate Fax
documents for
banks not yet Letter
using eBAM
5. Components
Central account register for all bank
1
account information
Bank- specific
Controlled workflow for opening,
2 maintaining and closing bank accounts
security
requirements
3 Streamlined communication with banks
6. A fluid workflow experience
• Fully integrated, intuitive process
•Real time status of all pending and confirmed requests
• Systemic, auditable, secure enforcement of all key controls
•Remote eBAM for the wider organization
•Banks’ eBAM Profiles per countries
• Documentation storage