Format of bank account numbers
Requirement
Countries and banks have different structures for bank account numbers.
A beneficiary account number can be used for domestic payments. The number is usually numeric and ten digits long.
For international payments, the BIC code is used by the Society for Worldwide Interbank Financial Telecommunication (SWIFT).
The IBAN is not used in Singapore.
M3 solution
The formats in this country for domestic and international bank accounts are supported by M3.
General configuration guidelines
| Type | Format |
|---|---|
| Account number | NNN1234567 |
| Branch number | NNN |
| Automated Clearing House (ACH) bank code | 7171 |
| SWIFT BIC code | DBSSSGXX |
Specific configuration guidelines
| Program ID | Program name | Description or comment |
|---|---|---|
|
CRS072 CRS692 CRS690 CRS695 |
Bank Account Indicator. Open Bank Account. Open Bank. Open Bank Format. Open |
See the Infor M3 Core Configuration Guide for Infor Localization Services GEMS for the detailed configuration guidelines for the applicable messages. |