7.4 Payment Config

The Payment Config section enables users to set up and manage payment details for employees, ensuring accurate and efficient payment processing. 

Select the employee for whom you want to configure payment settings.

1. Go to Payment Config Tab

2. Click on the ‘+’ button

3. FIll in the details:

   • Set Payee Residential Status: Select the Residential Status of the payee from the dropdown (e.g., Resident or Non-Resident).

   • Select Country: Choose the payee's Country from the dropdown menu.

   • Choose Bank: Select the Bank from the list provided in the dropdown menu. For example, "MYS | ABNA | The Royal Bank of Scotland" might be an option.

   • Enter Swift Code: Input the Swift Code for the selected bank.

   • Enter Bank Account Details:

   • Bank Account Number: Fill in the payee’s Bank Account Number.

   • Enter the name of the Bank Account Holder.

   •  If applicable, enter the IBN Number (International Bank Account Number).

   • If the bank account has an expiration date, enter it in the Account Expiry field.

4. Once all required fields are filled out, click the Save button to apply the payment configuration.

Following these steps will successfully set up the payment configuration for the selected employee