EFT Processing - Description in receiving bank

Ashley MacAdam

We have successfully processed our first EFT payment (in CANADA) , however, in the receiving banks description next to the payment it says “Account Payable Pmt” . is there a way to change this to include our company name, etc. the banks says its somewhere in FENXT but not getting straight answers

Sylvia Cook

@Ashley MacAdam
if you go to bank account, click to edit and the first field is the bank account name. I believe that is the name that shows up on the top of the EFT remittance form.

Sylvia Cook

@Ashley MacAdam
I think I understood this wrong. I thought you meant the remittance form, but I think you are referring to what it displays in their bank account. I can't say for sure that is the same field. Hopefully.