Routing Number and Sort Code Search for US and UK Employee Bank Account Creation - HCM and Finance?
Summary:
22D is introducing the following Payables – Payments feature:
Provide US and UK employees improved bank account creation. An employee can search for a bank by routing number (in US) and sort code (in UK) and create a bank account without knowing the bank and branch details. The employee can select the routing number (in US) or sort code (in UK) from a dropdown menu and the corresponding bank/branch details would be auto-populated.
Is this functionality being added to the Manage Personal Payment Methods task within Employee Self Service and the Manage Bank Accounts in the Expenses and other finance modules or is it just available in the Finance modules outlined in the release notes - Expenses, Cash Management (Ad hoc payment), and Bill Management applications?