Local Clearing Systems Requirements

This table shows whether you must specify a local clearing system to complete a domestic outbound vendor payment using the Asperato payment method in Payments Plus in Accounting.

Local Clearing System Requirements for Domestic Outbound Payments

Local Clearing Systems Requirements Fields
Beneficiary Bank Country/Region	Bank Account Currency	Payment Currency	Local Clearing System
AD - Andorra	EUR	EUR	Local clearing system not required
AT - Austria	EUR	EUR	Local clearing system not required
AU - Australia	AUD	AUD	BANK_TRANSFER BPAY
BD - Bangladesh	BDT	BDT	Payment currency and region not supported
BE - Belgium	EUR	EUR	Local clearing system not required
BL - Saint Barthélemy	EUR	EUR	Domestic outbound payments not supported
CA - Canada	CAD	CAD	Local clearing system not required
CH - Switzerland	CHF	CHF	Domestic outbound payments not supported
CN - China	CNY	CNY	Local clearing system not required
CY - Cyprus	EUR	EUR	Local clearing system not required
DE - Germany	EUR	EUR	Local clearing system not required
EE - Estonia	EUR	EUR	Local clearing system not required
ES - Spain	EUR	EUR	Local clearing system not required
FI - Finland	EUR	EUR	Local clearing system not required
FR - France	EUR	EUR	Local clearing system not required
GB - United Kingdom	GBP	GBP	FASTER_PAYMENTS
GF - French Guiana	EUR	EUR	Domestic outbound payments not supported
GR - Greece	EUR	EUR	Local clearing system not required
HK - Hong Kong	HKD	HKD	ACH FPS RTGS
IC - Canary Islands	EUR	EUR	Domestic outbound payments not supported
ID - Indonesia	IDR	IDR	Local clearing system not required
IE - Ireland	EUR	EUR	Local clearing system not required
IM - Isle of Man	GBP	GBP	Domestic outbound payments not supported
IN - India	INR	INR	Local clearing system not required
IT- Italy	EUR	EUR	Local clearing system not required
JE - Jersey	GBP	GBP	Domestic outbound payments not supported
JP - Japan	JPY	JPY	Local clearing system not required
KR - Korea	KRW	KRW	Local clearing system not required
LK - Sri Lanka	LKR	LKR	Local clearing system not required
LT - Lithuania	EUR	EUR	Local clearing system not required
LU - Luxembourg	EUR	EUR	Local clearing system not required
MC - Monaco	EUR	EUR	Local clearing system not required
ME - Montenegro	EUR	EUR	Domestic outbound payments not supported
MQ - Martinique	EUR	EUR	Local clearing system not required
MT - Malta	EUR	EUR	Local clearing system not required
NL - Netherlands	EUR	EUR	Local clearing system not required
NZ - New Zealand	NZD	NZD	BANK_TRANSFER
PH - Philippines	PHP	PHP	Local clearing system not required
PK - Pakistan	PKR	PKR	Local clearing system not required
PM - Saint Pierre and Miquelon	EUR	EUR	Local clearing system not required
PR - Puerto Rico	USD	USD	Domestic outbound payments not supported
PT - Portugal	EUR	EUR	Local clearing system not required
RE - Reunion	EUR	EUR	Domestic outbound payments not supported
SG - Singapore	SGD	SGD	FAST GIRO RTGS
SI - Slovenia	EUR	EUR	Local clearing system not required
SK - Slovakia	EUR	EUR	Local clearing system not required
SM - San Marino	EUR	EUR	Local clearing system not required
TF - French Southern Territories	EUR	EUR	Domestic outbound payments not supported
TH - Thailand	THB	THB	Local clearing system not required
TL - Timor Leste	USD	USD	Domestic outbound payments not supported
TR - Turkey	TRY	TRY	Local clearing system not required
US - United States of America	USD	USD	ACH FEDWIRE
VG - Virgin Islands	USD	USD	Domestic outbound payments not supported
VN - Vietnam	VND	VND	Local clearing system not required
XK - Kosovo	EUR	EUR	Domestic outbound payments not supported
YT - Mayotte	EUR	EUR	Local clearing system not required

Concepts

Outbound Vendor Payments Overview

Outbound Vendor Payments Account Authorization

Tasks

Creating Vendor Authorizations Manually

Creating Vendor Authorizations for Multiple Companies and Accounts

Processing Vendor Account Authorizations

Reference

Account Details Required for Vendor Authorization

Bank Details Required for Vendor Authorization

Supported Currencies and Regions

Local Clearing Systems Requirements

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