Understanding Banking

Before you run banking recipient processes, you must define and set up:

• Source (company) bank (China Construction Bank, Shanghai branch (CCBS)).

• Source bank table data.

• Payees' banks (beneficiary bank).

• Payee's bank account table.

• Net distribution table specifying the distribution details for each payee.

This topic discusses:

• Banking in China.

• Banking setup.

• Banking preparation process.