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Small and medium business | Business Central, N...
Answered

Vendor Bank account set up

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Posted on by 119

I'm setting up vendor bank account on vendor card. It asks for information that is not obvious to me:

  • Bank Code: this is apparently a three digit code but I have no idea what it corresponds to on this US based Wells Fargo account.
  • Bank Branch No: I know that this one isn't necessary
  • Bank Account No: I have this number
  • Transit No: I thought that this was the same as the routing number, but a web search gives me several articles that say transit number and routing number are not the same thing.

Can anyone help me with the three-digit "Bank Code," and the Transit number?

Thanks in advance.

Cordially,

Wes Baker

Image-8_2D00_30_2D00_21-at-3.15-PM.jpg

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  • Verified answer
    Community Member Profile Picture
    on at

    Wes,

    The Bank Code you can leave blank since this is not normally used when sending an EFT file, unless your Bank is mandating it in the EFT NACHA file. Transit No. = ABA Routing Number for the Vendor Bank. You should get this value from the Vendor.

    Thanks,

    Steve

  • Atahualpa Profile Picture
    119 on at

    Thanks, Steve! Thanks what I suspected, but knew I could get a quick answer from you!

    Thank you very much!

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