2425585 - How to Create a Japanese Bank Account

When setting up a Japanese Bank Account it is not obvious what is needed to maintain National Bank Codes.

1. Go to the Liquidity Management work center.
2. Go to the Master Data subview.
3. Go to the Bank Directory view.
4. Select your Japanese Bank Directory.
5. Select Add Row under National Bank Codes.
6. Enter National Bank Code: XXXX (Where XXXX represents the Bank Code).
7. Select National Bank Code Type.
8. Select Save.

When you try and enter the National Bank Code and save the information you will get an error 'SAVE FAILED'.

And you will also receive a warning Maintain Branch Name in Katakana if Company is in Japan.

When creating a Japanese Bank Account it is not obvious how many characters are required for National Bank Code.

National Bank Code is combination of Bank Code + Branch Code.

1. Go to the Liquidity Management work center.
2. Go to the Master Data subview.
3. Go to the Bank Directory view.
4. Select your Japanese Bank Directory.

Here we can see the Bank Code= XXXX

And there are two Branch Codes:

• Branch Code: YYY, Branch Name: Japanese Branch (YYY represents the Banch Code)
• Branch Code: ZZZ, Branch Name: Japanese Central Branch (ZZZ represents the Brank Code)

So the National Bank Code = XXXXYYY and XXXXZZZ

It is ok to ignore the warning message 'Maintain Branch Name in Katakana if Company is in Japan'

KBA , SRD-FIN-CLM , Cash and Liquity Managment , How To