Edit

Set up company bank accounts for ISO20022 credit transfers

Note

Community interest groups have now moved from Yammer to Microsoft Viva Engage. To join a Viva Engage community and take part in the latest discussions, fill out the Request access to Finance and Operations Viva Engage Community form and choose the community you want to join.

This article explains how to set up company-specific bank account information that's required to generate payment files. You set up information required to generate ISO 20022 credit transfer format but depending on the format, there might be other information required. This information might include the Company ID or the Sort code.

Set up IBAN and SWIFT code

  1. Go to Cash and bank management > Bank accounts.
  2. Use the Quick Filter to filter on the Bank account field.
  3. Select and double-click a record to open the bank account details.
  4. Select Edit.
  5. In the Additional identification section, enter a value in the IBAN field.
  6. In the SWIFT code field, enter a value. A SWIFT\BIC isn't required for many payment formats, but register it for a bank account.
  7. Select Save.
  1. Go to Organization administration > Organizations > Legal entities and then select Edit.
  2. In the Bank account information section, in the Bank account field, enter or select a value.
  3. Select Save.
  • Last updated on