Bank Info for Personal Payment Methods

You use the Payment Methods task to define your bank, branch, and bank account info, depending on your duty role or profile option privileges.

Note:

The Use Existing Banks and Branches option on the Cash Management Profile Options task defines how you define your bank details.

• If you set the option to Yes, you can load bank and branch data. Further, you can select bank details from a list of values on the Create Personal Payment Method page.

• If you set the option to No, you can't load any bank details. You enter your bank and branch details as free text.

You have multiple options when it comes to defining your bank info.

What you can use	What you can do
Banks task Bank Branches task	View, create, or edit banks and branches centrally for outgoing payments or receiving payments. For further info, see Bank Configuration for the US in the Help Center.
Personal Payment Methods task	Create or edit employee bank account details to receive payments.
HCM Data Loader	Load personal payment methods and employee bank account details.