Bank Info for Personal Payment Methods

You can create bank, branch, and bank account info as part of implementation, or you can let employees add their own bank info. Once created, you can use bank accounts in other Oracle applications, such as Cloud expenses.

Enter Bank Info for PPMs

This table summarizes approaches to create bank info for employees.

Approach

Purpose

Manage Banks and Manage Bank Branches pages

Create, edit, and view your bank account information.

Note: In order to manage banks and branches, you must have the Manage Bank and Manage Bank Branch privileges.

Payment Methods page

Create, edit and view employee bank account details to receive payroll payments.

HCM Data Loader

Use an integrated Excel workbook to load personal payment methods and employee bank account details.

You can use CE_USE_EXISTING_BANK_BRANCH profile option to control to whether or not your employee can create their own bank and branch data. On the Manage Cash Management Profile Options page, set the Use Existing Banks and Branches profile option to either Yes or No.

  • If you set the option to Yes, you need to load bank and branch data. Administrators and employees select bank and branch details from a list of values in the bank region on the Payment Method page.

  • If you set the option to No (default setting), you don't need to load any bank details. Administrators and employees enter their bank and branch details as free text.

Access to PPMs and Bank Info

The table shows the privileges you need to access PPMs and bank info:

User

Privileges

Access Description

Employee Self-service

Manage Personal Payment Method

Allows users to manage their own personal payment methods

Employee Self-service

View Personal Payment Method

Allows users to view their own personal payment methods

Employee Self-service, Implementors, Administrators, or Managers

Payee Bank Account Management Duty

Allows users to create bank accounts

Implementors, Administrators, or Managers

Manage Worker Personal Payment Method

Allows access to manage employee personal payment methods

Implementors, Administrators, or Managers

View Worker Personal Payment Method

Allows access to view employee personal payment methods.