I understand that the only out-of-the-box (OOTB) electronic report (ER) payment model template available for generating vendor payment files in Dynamics 365 Finance and Operations for New Zealand is the Directlink (NZ) format. However, it appears that this format is not suitable, as customers are unsure if any New Zealand banks use it.

To address this issue, customers will need to customize the format to make it usable. It would be more convenient for customers if the product could offer other formats that serve the same purpose, providing different options to choose from, rather than just the Directlink (NZ) format.