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Prerequisites for ISO 20022 credit transfer format

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Before you can set the ISO20022 payment format, you need to import the most recent versions of the following electronic reporting configuration from Lifecycle Services (LCS):

  • ISO20022 Credit transfer (FR): All required model and model mapping configurations will be imported automatically with this.

For more information about the import process, see Import ISO20022 credit transfer configuration.

Additional resources

Set up company bank accounts for ISO20022 credit transfers

Set up method of payment for ISO20022 credit transfer

Set up vendors and vendor bank accounts for ISO20022 credit transfers

Create and export vendor payments using ISO20022 payment format