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.

How to Record a Payee's Bank Account Details
1.	Click on the Banking Details tab. The Banking Details tab is activated.
2.	Click Add.A blank set of bank account details fields appears, thereby allowing you to begin specifying the payee's bank account details.
3.	In the Account Name field, enter the required account name.
4.	In the Branch field, key in the branch number, if required, that identifies the branch at which the payee's bank account is held. There is no validation on the format of this field and can be left blank.
5.	In the Account Number field, type the payee's account number for this bank account. There is no validation on the format of this field and can contain up to 50 characters.
6.	The Account Reference field is for information only.
7.	In the Description field, type a textual description of the payee's bank account. This is for information purposes only and does not get applied to the BACS file output.
8.	Save the payee record by clicking Save at the top of the Payee Entry screen.

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Completing the Bank Account Details (Gross Pay Country)

How to Record the Payee's Bank Account Details