Understanding Dutch Bank Account Setup

You should set up additional bank account information for your suppliers, both foreign and domestic, after you set up bank accounts by address. This additional bank information is stored in the Dutch Payments Bank Information table (F74030H) and creates a link between the Dutch bank account number and the Bank Transit Master table (F0030).

You can designate multiple bank accounts for a single supplier when the supplier is associated with a unique payment handling code.

The system validates the Transit Number and the Swift Code that you enter in the Dutch Payments Bank Information program (P74030H). Validation of the Transit Number is based on the value in the Transit Type field.

You set up Dutch bank information on the Dutch Account Maintenance form. Alternatively, you can set up Dutch bank information by selecting Regional Info from the Form menu on the Setup Bank Accounts By Address form if you set your user profile to the Netherlands.

Note: (Release 9.2 Update) To comply with the data security requirement specified by the National Automated Clearing House Association, the system now masks the bank account numbers. However, you can unmask the bank account numbers for programs when required.

See"Masking and Configurable Unmasking for Bank Account Numbers"in theJD Edwards EnterpriseOne Applications Accounts Payable Implementation Guide