Transit Reference

This field is enabled only when the EFT format on the Accounts Payable Parameters form is set to NACHA, CPA, or CNAB.

This field is also enabled if certain country packs (for example, Sweden) are enabled and the vendor’s Payment Type is set to Externally Determined.

Specify the depository financial institution (DFI) identification qualifier for the vendor's bank that will be receiving the EFT funds from your company. Values include:

• 01: National Clearing System, to be used with United States ABA routing and transit numbers
• 02: BIC or SWIFT code, to be used with Canadian transactions
• 03: IBAN, which is not used at this time