Malaysia Payment Formats
To enable Malaysia payment formats, you must first install or update the Electronic Bank Payments SuiteApp, followed by installation or update of the Southeast Asia Localization SuiteApp. If done so, the Southeast Asia Localization SuiteApp adds the following Malaysia payment formats in the Electronic Bank Payments SuiteApp:
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Maybank Malaysia 2E-RC Domestic Transfer
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Maybank Malaysia 2E-RC International Transfer
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Citibank Malaysia XML Domestic Transfer
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Citibank Malaysia XML International Transfer
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Citibank Malaysia XML GIRO
Note:To use international transfer payment formats, you must have an active license for advanced Electronic Bank Payments, and you must install the NetSuite SuiteApps License Client SuiteApp in your account.
For more information on installing the required SuiteApps, see Setting Up Electronic Bank Payments and Installing the Southeast Asia Localization SuiteApp.
The following table provides the actions you can take in given scenarios to get the Malaysia payment formats from the Southeast Asia Localization SuiteApp and add them in the Electronic Bank Payments SuiteApp.
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Scenario |
Actions |
|---|---|
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Southeast Asia Localization SuiteApp and Electronic Bank Payments SuiteApp are not yet installed |
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Southeast Asia Localization SuiteApp is already installed, but not the Electronic Bank Payments SuiteApp |
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Electronic Bank Payments SuiteApp is already installed, but not the Southeast Asia Localization SuiteApp |
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Both Southeast Asia Localization SuiteApp and Electronic Bank Payments SuiteApp are already installed |
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Then, using the Electronic Bank Payments SuiteApp, you can set up bank records and specify Malaysia payment formats as the electronic fund transfer (EFT) template. Malaysia payment formats contain the required information for electronic fund transfers when paying vendor bills, employee expenses, or compensating partners in Malaysia.
To set up the Electronic Bank Payments SuiteApp for your company, vendors, employees, and partners in Malaysia, read the following topics: