The leading international transaction banking association

Get your questions answered to the most frequently asked questions about BAFT’s independence - what changed and what you need to do.

BAFT’s 2025 Annual Review Digest is now available. During our fiscal 2025, we continued to evidence the significance of our contributions with advocacy on more topics, 14 white papers and document updates, 8 webinars, 6 new working groups, new training programs and workshops, a Women in Transaction Banking mentor program, and record attendance at all regional BAFT conferences, including a relaunch of our Africa Forum.

The BAFT Board of Directors has mutually agreed with the American Bankers Association (ABA) that BAFT will again become an independent association. We are currently targeting Aug. 31, 2025, as the separation date, to coincide with the transition between membership fiscal year cycles.

The BAFT working group on sustainable finance recently released a new white paper, Transaction Banking Sustainable Finance Product and Reporting Matrix. The paper provides guidance on transaction banking sustainable finance products currently being offered to both corporate and financial institution clients.

BAFT released its second white paper in the ISO 20022 series, “BAFT ISO 20022 Migrations: Best Practices and Guidance.” The report provides critical insights, strategies, and recommendations for financial institutions navigating the migration to the ISO 20022 standard for electronic data interchange between financial institutions. for free and to non-members for purchase.