This page allows you to establish banking institutions where EFT (Electronic Funds Transfer) data will be sent. The records on this table represent the banks ABA (American Bankers Association) routing number. Only one record needs to be established on this table for each unique ABA number.
When a Vendor/Customer is set up to receive payments via EFT, the account number for the Vendor/Customers bank account will be established on the Prenote/EFT section of the Vendor/Customer record and be associated with one of the banking institutions in this table via their ABA number.
The Domestic Branch of Foreign Bank field in this page indicates whether the banking institutions established are foreign bank branches or not. This field is an optional tertiary field.