Where a payee is to have their earnings paid directly into their bank account by EFT it is necessary to record the details of the payee's bank account before the payee record can be saved.
It is possible for a payee to split their earnings between multiple bank accounts in which case you can record the details of each of the payee's bank accounts when creating the payee record or you can add additional bank accounts at a later stage. However, if the payee has a payment method of EFT it is mandatory for the details of at least one bank account to be specified on the payee record before the payee record can be saved.

How to Record the Payee's Bank Account Details

To record a payee's bank account details, follow the procedure below.

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