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Bank Xtensible Billing (BXB) produces the TWIST BSB (Bank Services Billing) and ANSI X12 822 files for electronic transmission
of bank billing, regardless of the location or the originating institution. BXB will handle
foreign currencies and multiple taxes, and will generate and archive Bank Services Billing (BSB) statements according to the TWIST
global standard and 822 statements according to the ANSI X12 standard.
WFG participated in the development of the BSB standard.
Multinational corporations can receive the BSB from their global banks using WFG's Bank
Relationship Manager Edge (BRMEdge) system to receive and process electronic transmissions.
Bank Xtensible Billing provides:
- BSB XML output files
- Statement database and archiving
- Tax reporting over multiple tax regions
- Multiple currency reporting
- Multiple delivery options
View the BXB brochure
Read more about TWIST
Read about the Global E-Bank Services Billing Standard