NETSUITE ELECTRONIC BANK PAYMENTS Securely Automate EFT Payments and Collections with a Single Global Solution

Electronic Bank Payments brings to NetSuite complementary electronic banking functionality Key Features that includes Electronic Funds Transfer (EFT) • Automated payment batch allows multiple payments, customer refunds and customer payment batch creation stemmed from payments (direct debits), as well as check fraud dierent batch criteria, controls and payment deadlines. prevention through the Positive Pay service oered by leading banks. It helps ensure that • Approval routing and email alert notification enables additional payment employees and vendors are paid on time authorization prior to payment processing. and customer bills are settled automatically. With support for a wide range of global and • Enhanced EFT capabilities with filtering options support bill display, partial payments, local bank formats, Electronic Bank Payments bill management and other controls. provides a single payment management • Automated direct debit customer solution worldwide. collections to settle outstanding invoices. Electronic Bank Payments creates files of • Payment management options include payments or direct debit information in bank’s payment batch queuing, rollbacks, reversals predefined file format ready for import into with notations and automated notifications. banking software or submission to the bank • Positive Pay anti-fraud capabilities with online, thus lowering payment processing proactive notification to banks processing expenses by eliminating checks, postage and the checks. envelopes, and saving time as well. In addition, • Support for more than 50 international it supports management of large payment bank formats with Advanced Electronic runs (typically up to 5,000 payments per file) Bank Payment License customers having with the ability to process reversals and partial the flexibility to add more. credits, or re-generate the file. With user- • Process multiple payment batches defined payment notification, payees can get concurrently in separate queues.

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cloud solutions immediate email notification of a payment. you to move back and forward through pages Flexible payment aggregation makes it without losing settings. possible to define one payment per vendor/ Direct Debits (DD) employee, per bill/expense or based on a Electronic Bank Payments supports automatic user-defined grouping. customer collections (direct debits) to settle Electronic Bank Payments is freely available for outstanding invoices with the same power and download by all customers and provides payment flexibility that you use to pay vendors capabilities for local banks in your geography. and employees. The advanced Electronic Bank Payments Payment Management features are available by subscription and The capabilities of Electronic Bank Payments provide access to more than 50 bank formats don’t stop when you complete your selection on a global basis. These features provide of bill and expenses to pay. You can enable additional capabilities to automatically create payment approval routing and automatically batches of payments matching your selected route payment batches for approval to multiple criteria. These can be quickly reviewed and approvers. Each approver will get an email approved, leaving you more time to focus on notification alerting them that they need to reviewing those payments that do not meet review and approve payment batches. Payment your criteria. processing queue capabilities allow you to submit multiple payment batches for processing Payment (EFT) Capabilities with the option to reorder them in the queue Electronic Bank Payments enables you to to accommodate urgent payments. generate bank payment files to make payments covering vendor bills, employee expenses, Once the payment file is generated, you can commissions and customer refunds. This gives roll back changes, select one or more payments you control with filtering options to limit the to reverse or simply recreate the file. Payment bills displayed, the ability to include or exclude reversals put you in control with the ability to any bill, as well as alter the amount for partial set the date and period for the reversal, to payments (except refunds). You can also choose simplify month-end procedures. It gives you whether to make separate payments for each flexibility to set individual reason for reversal bill, group bills with a single payment per vendor and stored in memo field to further or add your own supplementary grouping to simplify reconciliations. ease reporting and reconciliation. A notification capability allows you to email The solution includes sophisticated pagination payment notification directly from the solution. options to simplify working with large data You can send a single message to everyone sets by controlling the number of transactions about to be paid or tailor the message at the displayedFHL: www.�l.co.uk on +441270each 630300page, as well as enabling individual payment level if required.

© Oracle | Terms of Use and Privacy Page 2 FHL: www.�l.co.uk +441270 630300 Senders can change the default recipient and Worldwide Bank Support add additional recipients in To, CC and BCC Electronic Bank Payments is globalized to fields. Email templates are available and support more than 50 bank formats. Users customizable, enhancing the payment of the licensed version of Electronic Bank notification process and communication. Payments can also create their own templates to extend coverage if a suitable template is not Approval Routing available as standard. Manage approval workflows to obtain required authorization, and route payment-batches for Language Support approval automatically to multiple approvers. Electronic Bank Payments is globalized to Each approver will get an email notification support dierent languages. Screen elements, alerting them that they need to review and field level help, error messages, warning approve payment batches. messages and email notifications can be viewed in your preferred language. Instant Electronic Bank Payment File Creation Instantly generate payment files from payment SuiteTax Support transactions that have been tagged for Electronic Bank Payments supports the Electronic Bank Payment. This functionality NetSuite SuiteTax feature for all customers. supports EFT bill and DD customer payments. SuiteTax helps you comply with location- specific tax requirements by letting you select Positive Pay third-party tax engines or the internal SuiteTax Electronic Bank Payments provides support for engine to calculate taxes. Depending on Positive Pay file generation. This feature the payment template, the Electronic Bank provides anti-fraud capabilities by enabling Payments solution uses the tax information on you to notify your bank of the amount and the entity record when processing payments payee for all checks you have issued. Providing and generating bank payment files. this information to your bank before checks are presented for payment allows the bank to confirm that the check details have not been altered. Electronic Bank Payments Positive Pay functionality also includes details of voided checks so that these are blocked by the bank to further enhance security.

Country EFT Formats Country EFT Formats Zengin SEPA (Austria) Pain.001.001.02 Japan Zengin XML 1 Austria SEPA Credit Transfer (Austria) ABBL VIR 2000 SEPA Credit Transfer (HSBC Bank) SEPA Credit Transfer (ABN AMRO Bank) Luxembourg ABA SEPA Credit Transfer (HSBC Bank) SEPA Credit Transfer (Luxembourg) Banco Santander Mexico Mexico Banamex Mexico ANZ (ANZ Bank) Citibank Malaysia XML Domestic Transfer 1 Citibank Malaysia XML International Transfer 1 Australia Malaysia Maybank Malaysia 2E-RC Domestic Transfer 1 Maybank Malaysia 2E-RC International Transfer 1 ASB (ASB Bank) Equens - Clieop BNZ (Bank of New Zealand) Equens - Clieop (ING Bank) SEPA Credit Transfer (ABN AMRO Bank Deskbank (WestPac Bank) Netherlands and Rabobank) CIRI-FBF SEPA Credit Transfer (HSBC Bank) SEPA Credit Transfer (Belgium) SEPA Credit Transfer (Netherlands) Belgium SEPA Credit Transfer (ABN AMRO Bank) ABA

SEPA Credit Transfer (HSBC Bank) ANZ (ANZ Bank) New Zealand Brazil CNAB 240 ASB (ASB Bank) ACH CCD/PPD (NACHA) BNZ (Bank of New Zealand) Deskbank (WestPac Bank) Citibank Singapore XML Domestic Transfer 1 ACH - CTX (Free Text) (NACHA) Citibank Singapore XML International Transfer 1 Canada Citibank Singapore XML GIRO 1 DBS - IDEAL (DBS Bank) CPA - 005 (Royal Bank of Canada) Singapore DBS Singapore Ideal 3.0 Universal File Format Domestic Transfer 1 DBS Singapore Ideal 3.0 Universal File Format International Transfer 1 PNC ActivePay (PNC Bank) HSBC ISO 20022 (Singapore)

Czech ABO UoB - BIB-IBG (United Overseas Bank) Republic SEPA Credit Transfer (HSBC Bank) CFONB South Africa Standard Bank SEPA Credit Transfer (ABN AMRO Bank) AEB - Norma 34 France SEPA Credit Transfer (France) Spain SEPA Credit Transfer (ABN AMRO Bank) SEPA Credit Transfer (HSBC Bank) SEPA Credit Transfer (HSBC Bank)

1 To enable these payment formats in Electronic Bank Payments, you must install the localization SuiteApp based on your account’s country of operation.

© Oracle | Terms of Use and Privacy Page 4 FHL: www.�l.co.uk +441270 630300 Country EFT Formats Country EFT Formats DTAUS Bangkiro (SEB) DTAZV Sweden Plusgiro (SEB) SEPA Credit Transfer (Germany) SEPA Credit Transfer (SEB) Germany SEPA Credit Transfer (Austria) BACS (HSBC Bank) SEPA Credit Transfer (ABN AMRO Bank) BACS - Albany ALBACS-IP SEPA Credit Transfer (HSBC Bank) BACSTEL-IP (NatWest Bank) Hong Kong HSBC ISO 20022 (Hong Kong) United Kingdom BACS - BoS (Bank of Scotland) Hungary Raieisen Domestic Transfer (Raieisen Bank) BACS - Bank of Ireland BACS - Bank of Ireland SEPA Credit Transfer (ABN AMRO Bank) Ireland SEPA Credit Transfer (Bank of Ireland) SEPA Credit Transfer (HSBC Bank) SEPA Credit Transfer (HSBC Bank) ACH CCD/PPD (NACHA) Isle of Man BACSTEL-IP (NatWest Bank) ACH - CTX (Free Text) (NACHA) United States CBI Payments CPA - 005 (Royal Bank of Canada) Italy SEPA Credit Transfer (CBI) PNC ActivePay (PNC Bank) SEPA Credit Transfer (HSBC Bank)

Supported Countries and Format for Direct Debit

Country Direct Debit Positive Pay Formats Australia ABA BoA/ML (Bank of America Merrill Lynch) DTAUS RBC (Royal Bank of Canada) Germany SEPA Credit Transfer (Germany) SVB - CDA (Silicon Valley Bank - Controlled Disbursement Accounts) CBI Payments Italy SEPA Credit Transfer (CBI) International Formats Netherlands SEPA Direct Debit (ABN AMRO) International Formats Available with Advanced Electronic DBS - IDEAL (DBS Bank) Bank Payments Singapore UoB - BIB-IBG (United Overseas Bank) JP Morgan Freeform GMT 2 United Kingdom BACS (HSBC) Barclays MT103 2 United States ACH - PPD (NACHA)

Advanced Electronic Bank Payments • Worldwide Format Support: Access all Unlock the enhanced features of the basic available payment templates without being version with the Advanced Electronic Bank restricted by geography and provide overseas Payments License. This license expands on subsidiaries with the same powerful payment the functionality in the basic version with more processing options. For accounts with power, ﬂexibility and additional capabilities Localization SuiteApps installed, local that include: payment formats are automatically enabled based on your account’s country of operation.

2 Multi-currency bank formats

© Oracle | Terms of Use and Privacy Page 5 FHL: www.�l.co.uk +441270 630300 • Multi-Currency Processing: Powerful multi- Basic Electronic Bank Payments (free): Can be currency capabilities make it easy to pay installed in either a single instance of NetSuite suppliers, refund customers and debit customer or in NetSuite OneWorld (but can only be payments across the globe in a single payment used to make payments in a single country). run (with banks supporting this capability). The country is defined by the NetSuite edition Additionally, you can set exchange rates to be or company address for a single instance or used for each currency to match those used by the company address of the parent company by your bank to save time when reconciling for OneWorld. If you run OneWorld with all your bank statements. your subsidiaries in the same country, you can • Automated Payment Batch Creation: use this version as well. However, you should Automatically create batches of payments consider the advantages of the advanced matching your selected criteria and create features in this scenario. dierent payment schedule to auto-create Licensed Electronic Bank Payments: Upgrade the payment batches. This functionality to Advanced Electronic Bank Payments License includes a payment dashboard that shows to gain access to powerful features. Users you how many batches are available for have access to more than 50 payment formats processing, the number of bills in each and supported by NetSuite and can also create the total batch value. their own templates. Advanced Electronic Bank • Custom Template Support: Create your own Payments subscription license is required when payment file templates to add support for new subsidiaries are in more than one country, and banks or to tailor the existing templates. you want to make payments. You would also need it for single-instance accounts when • SuiteCloud Plus Support: Users with SuiteCloud multiple nexuses are in operation and payments Plus License can configure Electronic Bank must be made to banks in other countries. Payments to use multiple parallel script queues to process payments, at the same Installing Electronic Bank Payments is required time to tailor performance to their needs and before purchasing the advanced Electronic scale as the business grows. Bank Payments subscription license. Which Version Do I Need? The basic version can be used on either a single instance of NetSuite or NetSuite OneWorld. Upgrade to the subscription-based licensed version to experience the advanced features of Electronic Bank Payments.