Updating IBAN and BIC for Multiple Accounts

Access the Update Multiple Bank Accounts form.

1. Select an option to filter accounts in the grid. You can filter SEPA, non-SEPA, or all accounts and specify whether to display the accounts by their address numbers or G/L account numbers.

2. Enter or edit the IBAN and BIC (SWIFT Code) for the accounts. Select the SEPA Account option for accounts that you want to designate as SEPA accounts and click OK.

3. Correct any errors that the system throws up on validation. The system updates the account information only when the errors are corrected.

The system checks the associated mandate of the record by Debtor Address Number (74AN8D) and Original Debtor - IBAN (740DIB) in the SEPA Direct Debit Mandate table (F743002). The system displays an error message if the status of the associated mandate is active (Mandate Status = Y).