1. Country-Specific Features
  2. Sweden Help Topics
  3. Sweden Payment Formats
  4. Setting Up Bank Records of Vendors in Sweden

Setting Up Bank Records of Vendors in Sweden

Set up the bank account records of each vendor to whom you will send electronic bank payments. You can set up multiple bank accounts for each vendor.

To set up vendor bank details in Sweden:

  1. Go to Lists > Relationships > Vendors.

    For information on adding a vendor, see Creating a Vendor Record.

  2. Click the Edit link next to the name of the vendor.

  3. On the Bank Payment Details subtab, check the EFT Bill Payment box, and click Save.

  4. On the Bank Payment Details subtab, click New Bank Details.

  5. Complete the applicable fields on the Bank Details page. The fields displayed are dependent on the EFT format selected.

    Field

    Description

    Name

    Enter a unique name for this bank detail record.

    Payment File Format

    Select either Bankgiro (SEB), Plusgiro (SEB), or SEPA Credit Transfer (SEB).

    Type

    Select whether the bank account is the vendor's primary or secondary bank account.

    Bankgiro Number

    Enter your vendor’s Bankgiro Number (Bankgironummer). A 7 or 8-digit identification of organizations collecting payment by Autogiro. The name on a bank statement or other details about the origin of a payment can be determined from the Bankgiro number.

    Bank Fee Code

    Select the Bank Fee Code to identify who shoulders the bank fees for processing the payment. Valid values are:

    • CRED -payee should shoulder all fees

    • DEBT-payer shoulders all fees

    • SHAR -payer and payee both shoulder bank fees

    IBAN

    Enter your vendor’s International Bank Account Number (IBAN).

    Street Address

    Enter your vendor’s street address.

    Building Address

    Enter your vendor’s building number address.

    City/Town

    Enter your vendor’s city or town address.

    Post Code

    Enter your vendor’s post code address.

    Country

    Select the country where your vendor is located.

    Swift Code/BIC

    Enter your vendor’s Swift Code/BIC (8 or 11 characters). The Swift code or Bank Identifier Code (BIC) is used to identify banks worldwide.

    BBAN

    Enter your vendor’s bank account number (BBAN).

  6. Click Save.

You can also set up bank records of vendors, employees, customers and partners by importing bank details in CSV format into NetSuite using the Import Assistant. For more information, see Importing Electronic Bank Payments Data.

Related Topics

General Notices