Availability of Electronic Bank Payments License
The standard Electronic Bank Payments SuiteApp enables companies and their subsidiaries to send payments to vendors, employees, and customers (refunds) or receive payments from customers by using the standard templates available within their country of operations.
To enable companies and their subsidiaries to send payments to vendors, employees, and customers (refunds) or receive payments from customers across the different supported countries, you must do the following:
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Install the NetSuite SuiteApps License Client SuiteApp (Bundle ID 116144).
The license client verifies and manages the Electronic Bank Payments license and enables you to gain access to the advanced features.
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Purchase an active Electronic Bank Payments license.
The Electronic Bank Payments license is required to gain access to the advanced features of Electronic Bank Payments. The SuiteApp lets you perform the following processes in Electronic Bank Payments if you have an active license:
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Access all supported standard templates
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Create and customize payment templates
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Automate processing of payments in batches using the Process Bills Automatically option
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Generate instant payment files from payment transactions that uses multicurrency templates or custom templates.
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Use Electronic Payments APIs to build custom Bill Payment Processing suitelet
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Support multicurrency payment processing
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Support parallel processing of payment batches for accounts with SuiteCloud Plus license.
If the license client is not installed or your license expires, you will not be able to perform the processes mentioned above and will result in an error. For more information, see NetSuite SuiteApps License Client Guide for Administrators.
Contact your NetSuite account representative for information about how to enable payments between banks across different countries. Global payment support may result in additional charges.