ELECTRONIC BANK PAYMENTS – Introduction and process overview

The Electronic bank payments SuiteApp is used to: 

• Generate payment files you need to pay 
• Receive electronic bank payments 
• Provide templates for setup, post-processing payment files, email templates, and check verification tool 

Advanced Electronic bank payments license: extends standard functionality by automating payment file creations using

• Payment batches 
• Approval routing 
• Batch scheduling 

Electronic Bank Payment – Process Overview

In order to process payment files, we need to set up Electronic Bank Payments SuiteApp, set preferences and set up standard or custom file formats.