Setting Up and Verifying Bank Accounts for SEPA Payments

This section provides overviews of bank account setup for SEPA payments, mass update of IBAN and BIC, and discusses how to:

• Set up bank account records as SEPA accounts.

• Update IBAN and BIC for multiple accounts.

• Run the BIC and IBAN Control program.

• Set processing options for BIC and IBAN Control Report (R740001).