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eBAM - Electronic Bank Account Management

Optimize your account operations with eBAM, the most convenient self-service solution in modern cash management, covering all operations from account opening to account closing.

What Is Electronic Bank Account Management?

eBAM fully automates account maintenance procedures between customers and banks over the entire bank account life cycle via standardized messaging format.

Account Opening

  • Open accounts within RBI Group

Account Maintenance

  • Change account and personal information
  • Manage representatives and mandates

Account Report

  • Get insights on your opened accounts and account mandates

Account Closure

  • Close accounts

eBAM Roadmap and Formats

Recent developments in the interbanking community (SWIFT) have resulted in the creation of the eBAM standard. eBAM enables an automatic, standardized and centralized way for account maintenance, introducing the “acmt” formats, which RBI adheres to.

Currently live
Account Report (acmt.013/acmt.014)

Coming soon
Account Opening (acmt.007/acmt.010/acmt.011)
Account Closure (acmt.019)
Personal Updates (acmt.022)
Change Mandate (acmt.015)
Change of Authorization (acmt.017)

We are currently rolling out features in a phased plan. For details, please view our full roadmap.

Simplifying Corporate Account Management

Efficiently manage complex corporate banking operations with eBAM – a solution addressing the challenges of large international customers with over 1,000 accounts and 100 bank relationships, streamlining processes and reducing risk.

Group-wide Transparency

Establish group-wide account and power of attorney transparency with ease, integrating local units into the approval process.

Streamlined Processes

Eliminate paper forms and open/close accounts or change powers of attorney using automated processes and electronic messages.

Multibanking & Standardization

Your central and standardized solution for managing and controlling all domestic and international banking relationships.

Improved Security

Implementing a repository for bank account information and approval workflows can significantly reduce risk and fraud.

Our Integrated Partners

Selected RBI eBAM services can be executed via partner systems. More partners to come soon!

Omikron delivers flexible and modular product-based financial solutions, ensuring compliance with the latest standards, backed by a robust user community.

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