Federal Reserve Code

The value defined here overrules the value defined on the system level EFT descriptive flexfield.

Payment Method Type

Enter the Payment Method Type that you want to use to send the payment to the supplier. The payment is automatically sent by the bank across the bank-owned communications system, SWIFT. Bankgiro Utland UTLI executes no tasks when you use the type Check.

A correspondent foreign bank issues the check. You normally place the amount in the foreign bank, and the amount is paid the second bank day after the payment date with normal payment. The amount is paid the first bank day after payment day with express payment. Valid entries are B, C, G, and P.

B - Payment to the receiver's bank account

C - Check sent to the receiver

G - Payment to postalgiro account (only Postgiro Utland)

P - Payment voucher sent to the receiver (only Postgiro Utland)

UTLI Header Code

Enter a number for the report heading to use. The heading was earlier provided to the bank.