JPN JBA Revisions to Record Format

On Dec. 2, JBA revised record format for financial/IT network system.

  • Revised applicable business and record format used between companies and banks.
  • In relation to the XML format and the JPN JBA standard communication protocols intended for use in personal computers (basic procedures, separate volume).
  • Japanese character Wo can now be input with regard to certain payment operations.
  • Background
  • Re inter-company remittance in Japan, JBA and Japanese Banks' Payment Clearing Network shifted from electronic messages to XML telegrams on Dec. 15, 2016.
  • They decided to build a new financial/IT network system as a platform, to advance the Financial Electronic Data Interchange Initiatives, with JBA as the system's operator.
  • As part of the efforts to strengthen the functions of the payment infrastructure.
  • As a result, JBA established the system's record format re applicable business and each applicable business and published it on its website on Aug. 29, 2017.
  • Effectiveness
  • There is no specific effective date; it can depend on the individual business entities.

Regulators JPN JBA
Entity Types B/D; Bank; CU; Depo; Exch; MSB
Reference PR 12/2/2019
Functions Compliance; Privacy; Product; Settlement; Technology
Countries Japan
Products Banking; Cards; Clearing; Deposits; Loan; Payments; Securities
Regions AP
Rule Type Guidance
Rule Date 12/2/2019
Effective Date 12/2/2019
Rule Id 68359
Linked to
Reg. Last Update 12/2/2019
Report Section International

Last substantive update on 12/03/2019