Configuring bank account formats

A country bank account format is a country-specific format that is designed to adhere to the banking standards and requirements of a particular country. You can add multiple bank account formats, but you can select only one format for each country.

The mapped bank account format for a country can be configured through bank maintenance but is loaded using delivered content. If configured, the created bank account format is visible in the bank account formats list and is available on the Country Configurable Fields tab as one of the options.

  1. Sign in as Administrator.
  2. If Payroll is enabled, select Set Up > Payroll > Bank Maintenance. If Payroll is not enabled, select Set Up > Bank Maintenance.
  3. Click the Country Bank Account Format tab.
  4. Select the country for which to configure the bank account formats.
  5. In the Bank Account Format field, select IBAN, SWIFT or BIC, Routing Number, or Account Number.
  6. Optionally, specify this information:
    For Domestic Only
    This field is set to No. If you change this field to Yes, the Bank Account Format is only visible in the Domestic list.
    Active
    This field is set to Yes. If you change this field to No, the Bank Account Format is not visible in the list and the default is the first mapped format.
  7. Click Save.
  8. To add a new bank account format mapped to a specific country, click Create.
    You can add up to four bank account formats.