Understanding Payment Formats for Sweden

JD Edwards EnterpriseOne software provides these payment formats for Sweden:

Format	Description
R04572SE1	Create bank tape for domestic payments.
R04572SE2	Create bank tape for foreign payments.
R04572SE3	Create bank tape for domestic payments.

You use the Create A/P Bank Tape - Sweden BG - Foreign program (R04572SE2) to generate payments with IBAN. When you use this program for automatic payments, the system uses the IBAN number for the beneficiary, if you have set up the IBAN, or uses the bank account number if the IBAN is not specified in the bank account setup for the customer or supplier.

Before you process automatic payments, you assign payment print programs to payment instruments. You also review and revise, if necessary, the processing options for the formats used by the print programs. You use the Create A/P Bank Tape - Sweden BG - Foreign program to generate payments with IBAN. Assign this payment print program to the payment instruments that use foreign currency to process foreign payments.

The payment print program that you assign to a payment instrument launches the version of the payment format when you process payments. For example, P04572SE2 launches the R04572SE2 program. To make changes to the processing options for the payment formats, access them from the Batch Versions program (P98305), entering R instead of P in the first position of the name of the payment format program. The processing options further define the format of each component of a payment instrument.