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  • The file format accepted by the customer’s bank may require Schoolworks development work depending on the requirements.

  • Typically requires Finance Bank Nominal records to be set up (to determine which client bank the money is being paid out from).

    • These may need the Bank Account Payer Name and Bank Account ID field completed.

  • Settlement Accounts on the batch export only display if the at least one of the Account Holder, Account Number or Sort Code fields are not blank on the Bank Finance Nominal record. If they are all blank, the account will not be an option to select as a Settlement Account.

  • The file format may require specific fields on the Finance Bank Nominal and the Accommodtion Accounts to be completed, otherwise the batch may be rejected by the bank. This requirement varies by bank.

    • Typically on the Accommodation Account, the Bank Holder, Bank Account, Bank Sort Code and/or Bank IBAN need to be completed.

    • There are some validation rules on the file export to reject the export before it is exported to prevent errors when processing by the bank.

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