Banks - Misc Card
This page describes the fields on the 'Misc' card of the Banks setting. Please follow the links below for descriptions of the other cards:
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- Clearing
- Enter the Clearing Code for the Bank.
- You will usually need to specify a Clearing Code if a Bank is located outside the EU. A Clearing Code will usually consist of a five-character country code and a bank identifier. For a list of country codes, refer to the "5-ClearingSystemIdentification" sheet of the External Code Sets spreadsheet available from http://www.iso20022.org/external_code_list.page.
- The Clearing Codes of Suppliers' Banks that are outside the EU will be included in Banking File export files when you are using the following Payment File Formats:
It will also be included in Banking File export files when you are using the following Payment File Formats and when you use the Foreign Country Payment option in the 'Specify Banking File' window:
- Account (IBAN)
- Used as default in
Payment Modes (Bank A/C No. field)
- If the Bank record represents your own Bank, enter your bank account number in this field, using the correct IBAN (International Bank Account Number) format including two-character country prefix. This will be needed by and exported in Banking Files when you are using the following Payment File Formats:
Your bank account number will also be taken from this field and included in Banking File export files when you are using the following Payment File Formats and when you use the Foreign Country Payment option in the 'Specify Banking File' window:
You will usually not need to use this field in Bank records representing the Banks used by your Suppliers, because doing so will mean you will need to enter separate Bank records for each Supplier. However, Suppliers' bank account numbers will be taken from this field when you are using the following Payment File Formats and when you use the Foreign Country Payment option in the 'Specify Banking File' window:
- BIC (SWIFT)
- Enter the BIC or SWIFT code for the Bank here.
- The BIC (SWIFT) code of your Bank will be needed by and exported in Banking Files when you are using the following Payment File Formats:
The BIC (SWIFT) codes of the Banks used by your Suppliers will be taken from this field and included in all Banking File export files when you are using the following Payment File Formats:
In addition, the BIC (SWIFT) codes of your Suppliers' Banks will be included in Banking File export files when you are using the following Payment File Formats and when you use the Foreign Country Payment option in the 'Specify Banking File' window:
If you will pay Payments using the E-Payments Cloud Service, the BIC (SWIFT) of your Suppliers' Banks will be included in the e-payment files if you are using the following Payment File Formats:
- Estonia - SEB
- Estonia - Swedbank Gateway
- Latvia - Telehansa
Finally, BIC (SWIFT) codes will be included in files created by the 'Invoices for Factoring' Export function in the Sales Ledger, when the Factoring Bank in the Factoring Export setting is Finvoice (FIN). BIC (SWIFT) codes will be taken from the Bank specified in the Company Info setting and from the Bank specified in the Factoring Export setting .
- Bank ID Code
- If you will use the 'Banking File' Export function, enter the following in this field depending on the Payment File Format that you are using:
- Finland - SEPA
- Enter your customer number in this field in the Bank record representing your Bank. This Bank ID Code will be included in export files in the <BkPtyId> tag. If this field is blank, the Bank Customer ID specified in the Company Info setting will be used.
- Norway - SEPA
- Enter your Contract ID in this field in the Bank record representing your Bank. The Contract ID will be exported in the <Id> tag (inside <Dbtr>).
- South Africa - First National Bank
- Enter the Branch Code of each Bank in this field in the Bank records representing your Suppliers' Banks. A Payment will not be exported if it contains a row whose Supplier does not have a Bank specified in its Account Operator field or if the Bank ID Code field in the relevant Bank record is blank.
- Spain - SEPA
- Enter your customer number in this field in the Bank record representing your Bank. This Bank ID Code will be included in export files in the <BkPtyId> tag. If this field is blank, the Bank Customer ID specified in the Company Info setting will be used.
- Sweden - SEPA
- Enter your Contract ID in this field in the Bank record representing your Bank. The Contract ID will be exported in the <Id> tag (inside <Dbtr>).
- Exchange Rate Contract Number
- If you will use the 'Banking File' Export function with the Croatia, Estonia - Swedbank Gateway, Finland - SEPA, Germany - SEPA, Latvia - SEPA, Lithuania - SEPA, Norway - SEPA, Spain - SEPA or Sweden - SEPA Payment File Formats, an Exchange Rate Contract Number should be included in export files in the <CtrctId> tag (inside <XchgRateInf>) for non-Euro payments. Specify the Exchange Rate Contract Number here, in the Bank records representing your Suppliers' Banks.
- Factoring Type Code
- The Factoring Type Code will be included in files created by the 'Invoices for Factoring' Export function in the Sales Ledger, when the Factoring Bank in the Factoring Export setting is Finvoice (FIN). It will be included in the <FactoringTypeCode> tag and will be taken from the Bank specified in the Factoring Export setting.
- If you will use the 'Banking File' Export function with the Norway - SEPA or Sweden - SEPA Payment File Formats, enter your Signer ID in this field in the Bank record representing your Bank. The Signer ID will be exported in the <Id> tag (inside <InitgPty>).
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Go back to:
Introduction to Settings in the Purchase Ledger
