AFP Service Codes

Since 1986, AFP Services Codes© have been recognized as the standard for identifying balances and charges that appear on account analysis statements and in responding to RFPs.

The 2008 AFP Services Codes© include 125 new codes for banking services that have become more widely adopted in recent years in addition to revisions to over a 100 codes to reflect changes since the 2004 edition. This edition is produced as part of AFP's continuing commitment to promote standardization in treasury practices and banking reporting.

Corporate treasury places a premium on the rapid and efficient processing of information. AFP Service Codes© are tools that bring efficiency to the analysis of bank compensation. Standardized service codes:

• Enable resource-constrained treasury staff to produce actionable analyses in minimal time.
• Help treasury managers track the increasing number of services they receive from banks.
• Guide cost-sensitive treasury managers in receiving value for price in their banking services.
• Organize, rationalize and automate a complex, tedious chore.

In today's increasingly complex treasury management environment, businesses and banks have concluded that using AFP Service Codes© in bank reporting provides value to both parties.

The 2008 AFP Service Codes are available by subscription and are available to AFP members at a discounted price

Purchase a subscription to the AFP Service Codes.

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