Select Page

X9C Corporate Banking Subcommittee – Project Status

Current Work

X9.121-2016 BTRS Version 3

X9C BTRS Committee has updated the Detail and Summary codes to support the new Real Time Payment credit transfers. This new version supports Ultimate Parties and improvements to account, postal address and remittance information reported. In collaboration with The Clearing House and the Common Global Implementation Committee (CGI for ISO 20022), these codes become the standard in both BAI2 and BTR3 formats. The codes recognize Real Time Payments as a new payment method, separate from Wire and ACH, that allows BTRS/BAI2 users to report and reconcile them separately.