to produce EFT Output file in "80 Byte File " Bank file format" for Canadian FE users
It's essential for for FE users in Canadian to be able to generate/upload FET output file in "80 Byte format" to banks for EFT services with Dual Authentication (two persons required to sign). Without this file format, FE users in Canada could hardly take advantage of the great and useful features.
Currently, the only option available for us is to produce output file in "1464 Standard" format. Under FE database view, the only option available under dropdown at AP/Bank/ /Edit account details/Payments/AP EFT/Edit Payment Options/EFT General/Bank file format = "Toronto Dominion 1464 Standard". The output file generated using this "Bank file form" is not possible for the bank account with Dual Authentication/ approval requirement.
Attached please find the EFT 80 Byte file layout required by the bank.
-
Guest
- May 19 2020
- Needs review
Related ideas
I do agree to this as well. I do even find the 1464 output file doesn't not have the correct lay-out that I have to manipulate the file manually to ensure it can be uploaded. Not a very secure way of doing banking!
All the more important as the industry trends towards dual auth becoming the standard.
Essential!
YES INDEED
Yes, please - desperately need this
Very much agree!!!