Carolyn Ross Treasury Manager

Carolyn Ross

Joined: 3/30/2020

  • Vendor Bank account setup

    Wed, 13 Dec 2023 16:02:27 GMT – Dynamics 365 Guides – New 

    Hello,


    I want to ensure our vendor banking information is set up properly. Is there a list that is regularly updated by Microsoft of the following:

    • When is routing number needed
    • What Routing Number Type is needed if it is not listed (ex. India)
    • What if a vendor does not have a SWIFT code, the field is mandatory - what to use
    • Is CC Routing Number Type used within Canada for both EFTs (Canadian ACHs) and Wires?
    • When is Correspondent Bank needed and why isn't it mandatory when it is required?

    Thanks,

    Carolyn