Bank region
Name The name of the bank.

Alternate Name You can enter an alternate name for your bank. This is particularly useful if you do business in Japan so you can enter both Kanji and Kana values for your bank name. The system does not use the value. It is for your reference only.

Number Identification number of the bank. Payables uses this information to identify the bank in payment formats that use electronic payment methods. The combination of Bank Number, Branch Number, and Country must be unique.

Bank Branch Region
Name The name of the bank branch.

Alternate Name You can enter an alternate name for your bank branch. This is particularly useful if you do business in Japan so you can enter both Kanji and Kana values for your bank branch name. The system does not use the value. It is for your reference only.

Number The bank branch number.
Payables used this information to identify the bank branch in payment formats that use electronic payment methods, in creating positive pay files, and when printing the MICR line on checks.
Note: For banks based in the United States, enter the American Banking Association nine–digit transit routing
number in this field. Also, if you use the National Automated Clearing House Association (NACHA) electronic payment
format, include the bank branch number on both internal and supplier banks.

The combination of Branch Number, Bank Account Number, and Country must be unique within a bank.

Type The banking organization to which this branch belongs. You must enter a value in this field if you will use this bank for payments with Oracle e–Commerce Gateway.

Institution  Enter either Bank or Clearing House to indicate what type of bank branch you are defining.

• Bank. Bank in which you have a disbursement and/or receipt account. Or bank in which your customer has a disbursement account, or your supplier has a receipt account.
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• Clearing House. Bank that processes a magnetic tape of your receipt information which you send to it. The clearing institution then creates tapes of your customer receipt information which it forwards to each of your remittance banks