Setup EFTXpress Banks

General Options

Statement Setup

File Setup

EFT Bank Setup

Enter Values for the Following

Bank Format

STDNBOLV12NA

Export Path

Designated location for exported files.

File Extension

The File extension for the EFT Export file extension

Account Number

Account Number

Branch Code

Branch Code

Seed Number

Not applicable for this format.

General Options Tab

Additional Bank Export Fields

Class of Entry (Instruction)

The value in this field indicates how the transaction must be processed.

Option

Replace Misc. Code with Swift Code

Charges Bearer

Specifies which party or parties will bear the charges associated with the processing of the payment

May only be one of three values: 'SHA', 'OUR', 'BEN'

Reference

Not applicable for this format

Other Code

Not applicable for this format

SFTP Setup Tab

Output

Not used for this format

Statement Setup Tab

by EFT Bank or Miscellaneous Code

Debit Reference

Debit Reference

batch id, ref etc

Beneficiary Reference

Use Beneficiary Statement reference setup.

C/B Miscellaneous Codes

Address & EFT Tab

Country Code

Specifies the country code in which the financial institution is located.

2 characters

EFT Tab

Account Number (use an F9 row)

Class of Entry

Specifies the country code in which the financial institution is located.

2 characters

BOP/Instruction Code

Swift Code field

To be setup as:

• BIC Code (up to 11 chars). (Since removed and not used).

• Offset 13 - BOP Code (up to 10 chars).

• Offset 24 - Instruction Code (up to 10 chars).

e.g. SWIFT123456 715 INTC

RTGS Flag

If the RTGS Flag needs to be Y, enter “Y” in the BOP Category field.

RTGS Indicator

This RTGS indicator is applicable for credits only. If the amount is less than R5 million and you would like to process it via RTGS, then insert a ‘Y’. If you want the transaction to be processed as normal then leave a space. All amounts over R5 million will default to processing via RTGS, in the Banks system, due to legislation.