BizCortex documentation

Creating SEPA credit transfers (pain.001)

Pay supplier bills and other payees in one bank file.

A credit transfer file (pain.001) contains one or more payments that your bank executes. You can upload it in your online banking, or send it directly with a FinTS connection. BizCortex writes the ISO 20022 format pain.001.001.09 and checks the file against the official schema before saving it.

Creating SEPA credit transfers (pain.001)
Screenshot of this screen

Who can use this

  • Owner
  • Admin
  • Accountant
  • Anyone with the Banking SEPA write permission

Steps

  1. 1. Open the dialog

    In Banking, SEPA, click "Create credit transfers".

  2. 2. Choose account and date

    Choose the "Debtor account" (the bank account the money leaves) and the "Execution date".

  3. 3. Add open bills

    Under "Open bills", search and add supplier bills. For each bill, BizCortex takes the open amount, the vendor name, IBAN and BIC, and uses the vendor reference or bill number as reference.

  4. 4. Add free payments

    Under "Payments", click "Add payment" and enter "Payee", IBAN, BIC (optional), amount and "Remittance information". The total is shown below.

  5. 5. Create

    Click "Create". The message "Payment file created" appears and the file is listed in the "Payment files" tab.

Fields and options

Payee

Required, up to 140 characters.

Amount

Required, greater than zero, with a decimal point.

Remittance information

Required, up to 140 characters.

Tips

  • For bank accounts in CHF, SEK, NOK or DKK, the same message is written without the SEPA service level and with shared charges.
  • For Swiss companies, credit transfers use the Swiss Payment Standards variant (pain.001.001.09.ch.03) automatically.

Good to know

  • At least one bill or payment is required.
  • A bill must be open (received, partly paid or overdue) and have an open amount, and its vendor must have a valid IBAN.
  • The bank account itself needs a valid IBAN.
  • If the file does not pass the schema check, it is not saved and up to 20 schema errors are shown.
  • Creating the file does not mark the bills as paid. The payment is recorded when the bank line is reconciled.

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