Bank fields required for payment processing - Peru, Argentina, Chile
Summary:
We are in the process of rolling out Oracle Expenses for LATAM region, while updating bank account, below country wise fields missing, without which payment cannot be processed, as am made to understand by my business team,
- Chile: the RUT/CUIT is required
- Argentina: the VAT number or CUIT is required
- Peru: the CUIT is required
My ask is, there any other clients having businesses in these countries, and whether these fields are really a blocker for payment processing in the local banking system in the respective countries/
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