Bankers' Almanac Expands its ABA Code Coverage Setting the Global Standard in Banking Intelligence

By Bankers Almanac, PRNE
Tuesday, October 19, 2010

LONDON, October 20, 2010 - Bankers' Almanac ( has expanded its
American Banking Association (ABA) codes for branch networks in the US and
its territories, further enhancing the global payment data ( coverage that it
provides to the industry and continuing to set the global standard in banking
intelligence. (

The expansion of the ABA codes ( and the branch
network coverage (sourced directly from the Federal Reserve), along with the
New York Clearing House CHIPS codes, provides clients of Bankers' Almanac
with comprehensive coverage not only of the US clearing networks but also of
global code and branch networks.

An ever increasing use of electronic payments and a decreasing use of
cheques within the US market has lead to increased payment volumes and a need
for improved processing efficiency. "With Bankers' Almanac providing expanded
coverage of ABA codes, this means users can verify and validate routing
transit numbers (RTN) accurately and effectively for transfers over both the
domestic Fedwire, FedACH networks and internationally via SWIFT, assisting
organisations in reducing their payment ( processing time
and operational costs," Martin Eves, Payments Product Manager commented.

Martin Eves furthermore added, "Expansion of our ABA codes
( provides our
customers with access to comprehensive global code coverage. These constant
developments are used by our clients to enhance their straight through
processing (STP) (
) rates and reduce costs via access to either
( or with the
data integrated into their banking systems via Bankers' Almanac Data
Solutions." (

Martin Eves and the team are showcasing Bankers' Almanac at SIBOS in
Amsterdam on stand A753, visit to book an
appointment and to learn more about our data solutions.

About Bankers' Almanac

Operating since 1845, Bankers' Almanac continues to set the global
standard for banking intelligence, providing payments, ( due diligence
( and risk
assessment (
reference data for financial and banking institutions worldwide. With offices
in Europe, Asia and the USA, Bankers' Almanac is in continuous contact with
banks and regulatory authorities to provide up-to-date, verified data that
can be consistently relied upon.

For more information about Bankers' Almanac and the products that it
offers visit


    Bankers' Almanac, United Kingdom, London

    All press enquires to be made to:

    Telephone: +44(0)1342-33-6184

All press enquires to be made to: Email: marketing at, Telephone: +44(0)1342-33-6184

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