Bank Authority Party ID

The Bank Authority Party ID is used in countries where a banking authority controls a central repository of identifiers for identification of businesses. For example, Europe and Brazil require this ID.

If your company does electronic banking in those countries, you must provide this number for your company, as well as for your customers and vendors.

No validation is performed on this value.

On the General Parameters form, specify the Bank Authority Party ID for your company.

In the Bank Reconciliations form, use the Bank Authority Party ID field to specify this ID for your customers' banks and your vendors' banks. You can then view this value in the Bank Authority Party ID field in the Customers, Multi-Site Customers, Vendors or Multi-Site Vendors forms.