Understanding How to Set Up the System to Use the Densai Payment Format

Densai is a new electronic settlement service rolled out by Densai.net in Japan. The electronically recorded monetary claims (ERMC) process provides a method for executing payments between domestic corporations in Japan. Densai.net accepts a wide range of businesses as users. Its users include small, medium-sized, and large enterprises, as well as individual proprietors.

Before you use any payment format, you must complete certain standard setup tasks. To set up the standard software to use the Japanese Densai payment format:

  • Set up the value P04572JD in the Produce Bank File (04/PP) UDC table.

  • Set up the value P04573JD in the Attachments Program – Payments (04/PA) UDC table.