Setting Up Dutch Bank Account Information

Access the Dutch Bank Account Maintenance form.

Payment Handling Code

Enter a code from UDC table 00/HC for the system to use to sequence the printing of payments.

Bank Account Number

Enter the account number for a local Dutch bank or for ING. If the bank account number belongs to a local Dutch bank (Bank Type = B), enter the nine or 10-digit number that complies to the modulus-11 test.

If the bank account number belongs to the ING (Bank Type = P), valid account numbers cannot be longer than seven digits. If the Bank Type is neither B nor P, then the account number must be at least one digit.

Customer Number

Enter the address number in the administration of the supplier.

Bank Account Type

Enter the type of bank. Values are:

B: Domestic Dutch bank (must pass the modulus-11 check).

P: Giro (< 10000000).

X: Foreign bank (no validation occurs).

Checking or Savings Account

Enter a code from UDC table H00/CK that specifies the type of bank account. This code is used during bank tape processing for automatic payments.

Domestic Costs Code

Enter a code that indicates how costs charged by the ABN/AMRO Bank for processing payment orders (for example, transfer charges or check clearing charges) are settled. This value is used in the foreign payment system.

Values are:

Blank: No cost to be charged

1: Cost to be charged to the payor's NLG/Euro account.

2: Cost to be charged to the payor's foreign currency account.

3: Cost to be charged to the payee. The bank indicates which codes are allowed.

This code is a required entry in the Dutch Payments Bank Information table (F74030H).

Currency Code

Enter a code that identifies the currency of a transaction.

Transit Type

Enter a code that indicates the transit type.

If you leave the Transit Type field blank, the system does not validate the supplier's bank transit number in the Transit Number - Bank field.

Transit Number - Bank

Enter the routing and transit number for a particular bank account. The combination of account number and transit number must be unique.

Normal or Check

Enter a code that indicates the method of payment. This code is used in the foreign payment system. Values are:

0: Normal/funds transfer.

1: Check (at ABN/AMRO send to beneficiary).

2: Urgent transfer

This code is a required entry in the F74030H table.

Payment Category Code

Enter the payment category code is used with foreign transfers. Values are:

Blank: Not applicable

1: Goods.

2: Transit trade.

3: Services and capital.

4: Transfer to your own account.

5: Other registered items.

This is an optional entry in the F74030H table.

Article No.

Enter a code (74/AN) that is assigned by the DNB (Netherlands Central Bank) to transit traders for the purpose of identifying the goods bought and sold by the traders.

For example, you might use these codes:

00: Livestock

01: Meat and meat products

02: Dairy products and eggs

11: Drinks

This is an optional entry in the F74030H table.

Trader No. (trader number)

Enter a code that is assigned to transit traders by the DNB (Netherlands Central Bank).

This is an optional entry in the F74030H table.

DNB Registration No. (DNB registration number)

Enter a number assigned by DNB (Netherlands Central Bank) to the payor for the purpose of registration of a number of foreign payment categories.

This is an optional entry in the F74030H table.

Nature of Pmt Code 1 (nature of payment code 1)

Enter a description of the nature of the payment.

This is an optional entry in the F74030H table.

Nature of Pmt Code 2 (nature of payment code 2)

Enter a description of the nature of the payment.

This is an optional entry in the F74030H table.

Bank Address Number

Enter the address number of a foreign bank. This number provides a relationship between the F74030H table and the Address Book Master table (F0101).

Correspondent Costs Code

Enter a code that indicates how the costs charged by foreign correspondent banks are settled. This value is used in the foreign payment system. Values are:

1: Costs to be charged to the payor's NLG/Euro account.

2: Costs to be charged to the payor's foreign currency account.

3: Costs to be charged to payee NOTE: The bank will indicate which codes are allowed.

This code is an optional entry in the F74030H table.

You must complete this field if the payment is made by transferring funds. If the payment is made by check, leave this field blank.

Processing Code

Enter a code that indicates whether a SWIFT message should have standard or priority status when transferring funds. Values are:

0: SWIFT standard

2: SWIFT priority

This code is an optional entry in the F74030H table.

SWIFT Code

Enter an international banking identification code used to identify the origin and destination of electronic (or wire) financial transfers. The Society for Worldwide Interbank Financial Telecommunications (SWIFT) provides the code to user banks. Enter the SWIFT code of the beneficiary's bank.

Payment Instruction code 1

Enter a code that specifies instructions for the receiving bank, which should be included in SWIFT messages for foreign banks. This code is an optional entry in the F74030H table.

Check Crossing Code

Enter a code that indicates whether the check issued by the bank should be crossed.

Crossing of a check means that the receiver cannot cash the check. The check can only be transferred into the account of the beneficiary. Values are:

N: Do not cross the check

Y: Cross the check

This code is an optional entry in the F74030H table.

Check Forwarding Code

Enter a code that indicates the location to which a check should be sent. Values are:

1: Principal's branch

2: Principal

3: Beneficiary

This code is an optional entry in the F74030H table.