Australia Payment Formats
The Electronic Bank Payments SuiteApp enables businesses to pay vendor bills and employee expenses within Australia by generating payment files formatted using the ABA specifications of the Australian Bankers Association.
To set up the Electronic Bank Payments SuiteApp for your company, subsidiaries, vendors, employees, customers, and partners in Australia, read the following topics:
Electronic Bank Payments supports the following Electronic Fund Transfers, Direct Debit transactions, and Positive Pay service in Australia:
|
Electronic Bank Payments Services |
Supported Payment Formats in Australia |
|---|---|
|
Electronic Fund Transfers (EFT) |
ABA |
|
ANZ (ANZ Bank) |
|
|
ASB (ASB Bank) |
|
|
BNZ (Bank of New Zealand) |
|
|
Direct Debit |
ABA DD
Note:
The DD suffix is added to distinguish direct debit formats from EFT formats. |
|
Positive Pay |
BoA/ML (Bank of America Merrill Lynch) |
|
RBC (Royal Bank of Canada) |
|
|
SVB -CDA (Silicon Valley Bank -Controlled Disbursement Accounts) |
|
|
Global Payment Format |
Barclays MT103 |
|
J.P. Morgan Freeform GMT |
To know more about Electronic Bank Payments, see the following Help topics:
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Electronic Bank Payments – Provides information about the Electronic Bank Payments SuiteApp.
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Importing Electronic Bank Payments Data – Provides steps on importing entity bank details for electronic bank payments.