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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

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