1. Country-Specific Features
  2. Mexico Help Topics
  3. Mexico-specific SuiteApps
  4. Mexico Localization
  5. Electronic Bank Payments for Mexico
  6. Mexico Payment Formats
  7. Setting Up Bank Records of Vendors in Mexico

Setting Up Bank Records of Vendors in Mexico

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

To set up vendor bank details in Mexico:

  1. Go to Lists > Relationships > Vendors.

    For information about 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. Click New Bank Details.

  5. Complete the fields on the Bank Details page:

    Banamex CitiDirect fields

    Description

    Name

    Enter a name for the bank record.

    Transaction Code

    Enter the 3-digit code associated to the Payment Method used:

    • 072 -for Book to Book

    • 073 -for Manager Check

    • 277 -for Window Payment

    • YYY -for Domestic Funds Transfers, select according with the Transaction you want to send:

      • 001 -Interbank Transfer

      • 002 -Payroll

      • 003 -Pension

    Third Party Bank Number (Vendor Bank Number)

    Enter the code that identifies the vendor's bank:

    • 000 -for Book to Book

    • 000 -for Manager Check

    • 002 -for Window Payment

    Third Party Account Number (Vendor Account Number)

    Enter the code that identifies the vendor's account number

    Account Type CR

    Enter the vendor’s account type to be used when funds are transferred:

    • Book to Book

      • 01-Checking Account (11 digits)

      • 03-Debit Account (16 digits)

      • 04-Credit Account (16 digits)

      • 05-CLABE Account (18 digits)

    • Domestic Funds Transfers

      • 03-Debit Account (16 digits)

      • 04-Credit Account (16 digits)

      • 05-CLABE Account (18 digits)

    • Manager Checks and Window Payment

      (Blank spaces should be left)

    Third Party Credit Date (Vendor Credit Date)

    Enter the vendor’s credit date. Used only when Domestic Funds Transfers are sent:

    • 00 -24hrs

    • 01-Same Day

    For Book to Book, Window Payments, and Manger Checks, no information is required.

    Santader Mexico fields

    Description

    Bank Code (Vendor Bank Number)

    Enter the code that identifies the vendor's bank.

    Bank Account (Bank Account Number)

    Enter the code that identifies the vendor's bank account.

    Vendor Account Type

    Enter the vendor’s account type to be used when funds are transferred.

  6. Click Save.

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

Related Topics

General Notices