New KPMG Agentic ERP, now available with KPMG in 140+ countries Read the announcement

China Merchants Bank

Pay out and reconcile straight from your bank accounts.

Feature overview

01
1country
02
1payment types
03
File exchangeconnection

What you get

Light pays out of your China Merchants Bank accounts and reads the statements back. Payment files leave Light in the format China Merchants Bank expects and the statement returns to the same ledger line, so nobody is uploading a payment file by hand or ticking off a bank statement at month end.

The format behind this entry is maintained and updated as China Merchants Bank changes it, so a format change is never your project.

  1. 01Pay suppliers, staff and tax from China Merchants Bank in China.
  2. 02Domestic account to account — 1 payment types in all.
  3. 03Connects over File exchange.
  4. 04Every payment carries its ledger reference, so the statement reconciles itself.

Where it is supported

  • China

Payment types

  • 01Domestic account to account
Category
Banking
Countries
1
Channels
File exchange
Messages
Outgoing payments
Formats
CSV
Price
Included with Light