China Merchants Bank

Pay out and reconcile straight from your bank accounts.

Feature overview

1country
1payment types
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.

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

Where it is supported

  • China

Payment types

  • Domestic account to account