Understanding Additional Bank Functionality
Once you have established your organization's core bank information, you can then automate certain common banking processes and organize account groupings for easier administration. PeopleSoft's additional banking functionality includes:
Bank transfer charges: Define charges that are applied by a financial institution when transferring money between banks or bank accounts.
Account administration: Group business units and bank accounts that are maintained by a specific user (or users) with an online management tool, for easier administration.