Isle of Man Payment Formats

The Electronic Bank Payments SuiteApp enables businesses to pay vendor bills, employee expenses, customer refunds, and partner commissions, as well as receive payments from customers within Isle of Man, by generating payment files formatted using BACSTEL — IP (internet service variation of BACS).

To set up the Electronic Bank Payments SuiteApp for your company, subsidiaries, vendors, employees, customers, and partners in Isle of Man, read the following topics:

• Setting Up Company Bank Records in Isle of Man

• Setting Up Bank Records of Vendors in Isle of Man

• Setting Up Bank Records of Employees in Isle of Man

• Setting Up Bank Records of Customers in Isle of Man

• Setting Up Bank Records of Partners in Isle of Man

General Notices