Set up company bank accounts for ISO20022 direct debits

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TThis article explains how to set up company-specific bank account information that's required to generate customer payment files.

Set up the IBAN and SWIFT codes

1. Go to Cash and bank management > Bank accounts.
2. Use the Quick Filter to filter on the Bank account field..
3. In the list, select a row and then select the link in the row.
4. Select Edit.
5. In the Additional identification section, in the IBAN field, enter a value.
6. In the SWIFT code field, enter a value. For many payment formats, SWIFT\BIC isn't required, however we recommend it be registered for a bank account.
7. Select Save.

Set up a bank account for the legal entity

1. Go to Organization administration > Organizations > Legal entities and select Edit.
2. In the Bank account information section, in the Bank account field, select a value.
3. Select Save.