Setting Up Bank Records of Employees for Barclays MT103 Payments
Set up the bank account details of each employee to whom you will send electronic bank payments. You can set up multiple bank accounts for each employee.
To set up employee bank details for Barclays MT103 payments:
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Go to Lists > Employees > Employees.
For information on adding employees, see Adding an Employee.
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Click the Edit link next to the name of the employee.
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On the Bank Payment Details subtab, check the EFT Bill Payment box, and click Save.
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Click New Entity Bank Details.
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Complete the fields on the New Entity Bank Details page:
Field
Description
Name
Enter a unique name for this entity bank detail record.
Payment File Format
Select Barclays MT103.
Type
Select whether the bank account is the employee’s primary or secondary bank account.
Swift Code/BIC
Enter the Business Identifier Code (BIC), also called SWIFT code, of the employee’s bank (eight or 11 characters).
IBAN
Enter the employee’s International Bank Account Number (IBAN).
Note:Entering the IBAN automatically disables the Account Number field.
Account Number
Enter the employee’s bank account number.
Note:Entering the account number automatically disables the IBAN field.
Charging Instructions
Select one from the following options:
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BEN: Beneficiary pays all charges
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OUR: Remitter pays all charges
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SHA: Shared charges. The remitter pays Barclays’ charges and the beneficiary pays the rest of the charges.
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Click Save.