Payments based on ISO 20022 standard

Use the updated ISO 20022 payment template to transfer payments based on version 2019 (pain.001.001.09) standard for employees working in your country and abroad.

Use the Make EFT Process to create SEPA payments. Additionally, a Non-SEPA payment file will be created for the case stating that there are other payments available, which are based on ISO 20022 standard but not part of SEPA.

This will work for Standard EFT and for International Transfer payment methods.

Ensure legislative compliance.

Steps to enable and configure

Follow these steps if you work with a customized version of this report:

  1. Locally, save any custom template for the EFT Report.xdo that’s found in Shared Folders/Custom/Human Capital Management/Payroll/Payment Distribution/ > EFT Report.
  2. Delete the custom version of the report from the same folder.
  3. Re-customize the delivered EFT Report and upload the saved templates.

You can customize the template if you need additional attributes.

For more information, see How do I use the ISO 20022 payment template?.