The value defined here overrules the value defined on the system or supplier site level EFT descriptive flexfields.

Express Invoice

Enter Yes if you want express payment. Enter No if you want normal payment. Leave this field blank for normal payment.

Invoice Charge Code

Enter I, V, or T to determine how Bankgiro Utland UTLI charges customers (senders) for payments.

I - Charge account in functional currency

V - Charge currency account

T - Charge future contract

Note: If you enter T, you must enter a terms contract in the Future Contract field.

Future Contract

Enter the terms contract number provided by the sender's bank. Every currency has its own contract terms, and that contract is renewed when the terms are renewed. If you want to use terms for foreign payments, you must update this field.

Payments made on a terms basis regulate the payment amount against a corresponding currency account registered with the bank. Make sure that the currency account is always registered for respective currencies for terms payments.