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Comparison GuideBAI2 Comparing JPMorgan Chase Treasury Workstation BAD reporting to JPMorgan DIRECT TRANSMISSION (JP MDT) This document is based on a BAI2 format for balance and transaction reporting.

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BAI2 file format is a standardized set of codes which comes in text format. It contains the data related to AP Payments (negotiable and void status) and Receipts (remittance status). The group header identifies a group of accounts, all of which are from the same originator and include the same As-of-Date.

Bank Administration Institute (BAI) Transaction Codes are used throughout most of Web-Link's information reporting modules: Current Day, Prior Day, Account Reports and Transaction Search. They are an industry standard set of codes that most financial institutions use to deliver current and prior day reporting.

BAI VS. The BAI2 format lists each invoice and the specific payment amount for that invoice. The BAI format only list the invoices that are being payed as a whole.

Bank generates bank statement in many formats as per their customers requirement. Once such format is BAI, which stands for Bank Administration Institute. The BAI format is used for Cash Management Balancing Report. It is different from BAI2 format.

BAI2 file format is a specialized and standardized set of codes used for cash management by the Bank Administration Institute (BAI). BAI2 files come to an account holder from a bank. The account holder then imports the files to a bookkeeping application and performs bank reconciliation if necessary.

BAI2 file format is a specialized and standardized set of codes used for cash management by the Bank Administration Institute (BAI). BAI2 files come to an account holder from a bank. The account holder then imports the files to a bookkeeping application and performs bank reconciliation if necessary.

How to create a BAI file using the BAI File Creator Start up the software and from the Welcome New Users screen select BAI Utilities > OK. Next click on One-time Setup. Now fill out the information in the form and click Save > close the form. Click on Import Transactions.

BAI2 Format – Group Header – 02 Record Code – 02. Ultimate Receiver Notification – optional, normally banks put the same value as in Receiver Id from the Header Record. Originator Identification – bank code or SWIFT BIC where the account being reported (in record 3) is held. Group Status:

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232