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Hi,
In our treasury module, we transfer funds from one house bank to another house bank and based on the need we either send wire instruction or ACH instructions through payment run. Bank requires us to use an alternate ABA number when sending wire instructions (for the same DDA).
Ex wire instructions ABA: 12345 DDA: XYZ
ACH instructsion ABA: 5678 DDA: XYZ
Is there a standard configuration that I can do to use alternate ABA number based on payment method?
Is it advisable to configure two house bank for the same DDA? each with a different ABA number and point to same GL Account.
Please provide any alternate solution to acheive this functionality. Any help is appreciated.
Thanks,
Nirankar
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