What finance teams extract
Transaction codes, amounts, bank references, and counterparty text for matching to GL cash detail.
Glossary/BAI2
BAI2
BAI2 is a standard cash management transmission format US banks use to deliver previous-day account activity and balances.
How FinanceAI handles this
Reconciliation pilots commonly start with scheduled BAI2 ingest over SFTP.
Questions
BAI2 vs CSV?
BAI2 is structured and consistent across many US banks; CSV layouts vary and need mapping.