Payment life cycle

Description

In the payment life cycle, the following specifics exist for German legislation:

  • Bank file formats
  • Bank detail window

Germany, as part of the SEPA area, uses SEPA SCT and SDD formats (described by the European Payment Council) for payment transactions within the SEPA area. German banks have agreed on a local subset of the SEPA standard.

The current version of this local subset is "DK 2.7" and is used for the customer-bank communication and is supported by all German banks. Depending on the bank they may also accept the standard SEPA formats.

For payment transactions outside the SEPA area (for example remittances to USA, Asia etc.) the DTAZV format (a local, non-ISO 20022 standard) is used.

To facilitate the entry of bank details a bank details window is available which opens for bank details with country "Germany". This bank detail window calculates German IBAN from account and bank sort code and vice versa.

Calculation of the IBAN follows standard rules and will not cover specific non-standard numbering.

Setup

Setting up bank files

In standard Sage X3 two bank file definitions are delivered for the German local SEPA formats:

  • DESCT03 - Credit transfer using pain.003
  • DESDD02 - Direct debits using pain.002

For the DTAZV format, a bank file definition is also delivered.

These bank file definitions must be used in the corresponding payment transactions.

Setting up the bank detail window

The bank detail window is activated in the Countries function (GESTCY) for Germany; in the Bank section the Bank detail window field must be set to "BIDLOCDE".