ABA format definition

ABA format means electronic direct entry data that complies with Australian Banking Association regulations stated in Bulk Electronic Clearing System (BECS) as governed by Australian Payment Clearing Association (APCA). This is an agreed file format for electronic transactions processed through BECS by all participating Australian financial institutions.
ABA format means an electronic file format complying with APN regulations. This is an agreed file format for electronic transactions processed through BECS by all participating Australian financial institutions.