Ulster Bank
With Payment Management, you can use direct communication to send bank data between Ulster Bank and Microsoft Dynamics 365 Business Central. For direct communication between your bank and Microsoft Dynamics 365 Business Central, Payment Management collaborates with Yapily, an Open Banking payment service provider.
This article lists the file format requirements for direct communication.
To learn more about how to set up direct or manual communication:
- Manual communication - refer to the general To set up bank accounts to use manual communication article.
- Direct communication using Yapily - refer to the Onboarding Yapily to use Direct Communication article.
Note
Connecting banks through Yapily is only supported for Business Central version 22 or higher.
To connect with Ulster Bank manually
When initiating manual communication with Ulster Bank, the following features are supported:
| Communication | Send payments | Import status | Update status | Import payments | Reconcile |
|---|---|---|---|---|---|
| Manual | CSV |
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To connect with Yapily Connect
Important
Utilizing an open banking service such as Yapily may result in additional transaction fees being charged by your bank. For more information, we suggest contacting the Cash Manager at your bank.
For direct communication between your bank and Microsoft Dynamics 365 Business Central, you can use Yapily Connect. Yapily is an Open Banking payment service provider.
| Communication | Send payments | Import status | Update status | Import payments | Reconcile |
|---|---|---|---|---|---|
| Direct | Yapily Connect |  | Yapily Connect | | Yapily Connect |
Supported functionality
Depending on the bank, Yapily supports the following payment methods:
- Single payment - a file with a single payment with an approval pr. file.
- Bulk payment - a file with multiple payments with one approval.
- Immediate payment - same-day payment.
- Scheduled payment - payment scheduled at a future date.
Refer to the following table to see which features are supported for direct communication using Yapily.
Functionality | Ulster |
|---|---|
| Domestic Single - Immediate Payments |
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| Domestic Single - Scheduled Payments |
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| Domestic Bulk - Immediate Payments |
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| Domestic Bulk - Scheduled Payments |
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| International Single - Immediate Payments |
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| International Single - Scheduled Payments |
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| International Bulk - Immediate Payments |
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| International Bulk - Scheduled Payments |
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| Bank Reconciliation |
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| Status File |
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| Direct Debit |
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