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Swift Based payment Method or format
Summary:
Hi One of our client has fusion payroll implemented where he runs regular payroll and done payment through EFT. For Adhoc payment like leave advance or final settlement they pay through cheque. Now they are willing to pay through Swift based pay method or Swift payment format which should comply with MT101 and MT 103.
Firstly I want to understand about this Swift base pay method/format (whatever) since this is completely new for me.
Secondly, how can I configure it with respect to payroll. Are there specific steps to follow.
Is there any specific guide or document available to achieve this.
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