What is a Bank File?
A bank file is a file that contains the encoded salary payment details for each employee with a bank account. Here's an example of the file name when created - bank_file14092963432.txt.
Here's a list of the bank files and their formats that we are supporting in Singapore when you set up your company's Bank Details in Talenox for a direct upload to your corporate bank portal:
Bank Name | File Types | Remarks (if any) |
DBS | txt | |
OCBC | txt | |
UOB | txt | |
AirWallex | csv | There is a minimum of USD10 that must be transacted every transaction created. |
Bank of America (BOA) | csv |
|
CIMB | csv |
|
Citibank | csv |
|
Credit Agricole | txt |
|
HSBC | txt | Do obtain the Payment Code (HSBC) from HSBC customer support team. |
HSBCnet | xml | Do obtain the Payment Code (HSBC) from HSBC customer support team. |
JP Morgan Chase Bank | txt |
|
Maybank* | txt | 2 Bank Types available:
|
Mizuho Bank | csv |
|
MUFG (Mitsubishi UFJ) | txt |
|
SMBC | txt |
|
Standard Chartered | csv |
|
WISE | csv |
|
*For any "Maybank" Bank Types, if you opt for "Universal Payment File (UFF)" file type, do complete the "Maybank Corporate ID" field under the Bank Details section:
If you are using an old account and when you choose "APS+ v2" file type, "Maybank Corporate ID" field doesn't need to be populated:
What should I do after downloading and generating the bank file from Talenox?
As we are not directly integrated with the banks for salary disbursement right now, you'll need to upload the bank file generated from Talenox to your corporate banking portal outside of Talenox.
This is not done within Talenox's portal as we've not built any direct integrations to support this.