Local Clearing Systems Requirements

This table shows whether you must specify a local clearing system to complete a domestic outbound vendor payment using the Asperato payment method in Payments Plus in FinancialForce Accounting.

Local Clearing System Requirements for Domestic Outbound Payments

Beneficiary Bank Country/Region	Bank Account Currency	Payment Currency	Local Clearing System
AD - Andorra	EUR	EUR	Local clearing system not required
AT - Austria	EUR	EUR	Local clearing system not required
AU - Australia	AUD	AUD	BANK_TRANSFER BPAY
BD - Bangladesh	BDT	BDT	Payment currency and region not supported
BE - Belgium	EUR	EUR	Local clearing system not required
BH - Bahrain	BHD	BHD	Payment currency and region not supported
BL - Saint Barthélemy	EUR	EUR	Domestic outbound payments not supported
CA - Canada	CAD	CAD	Local clearing system not required
CH - Switzerland	CHF	CHF	Domestic outbound payments not supported
CN - China	CNY	CNY	Local clearing system not required
CY - Cyprus	EUR	EUR	Local clearing system not required
CZ - Czech Republic	CZK	CZK	Local clearing system not required
DE - Germany	EUR	EUR	Local clearing system not required
DK - Denmark	DKK	DKK	Local clearing system not required
EC - Ecuador	USD	USD	Domestic outbound payments not supported
EE - Estonia	EUR	EUR	Local clearing system not required
EG - Egypt	EGP	EGP	Payment currency and region not supported
ES - Spain	EUR	EUR	Local clearing system not required
FI - Finland	EUR	EUR	Local clearing system not required
FR - France	EUR	EUR	Local clearing system not required
GB - United Kingdom	GBP	GBP	FASTER_PAYMENTS
GF - French Guiana	EUR	EUR	Domestic outbound payments not supported
GL - Greenland	DKK	DKK	Domestic outbound payments not supported
GR - Greece	EUR	EUR	Local clearing system not required
HK - Hong Kong	HKD	HKD	ACH FPS RTGS
HR - Croatia	HRK	HRK	Local clearing system not required
HU - Hungary	HUF	HUF	Local clearing system not required
IC - Canary Islands	EUR	EUR	Domestic outbound payments not supported
ID - Indonesia	IDR	IDR	Local clearing system not required
IE - Ireland	EUR	EUR	Local clearing system not required
IL - Israel	ILS	ILS	Domestic outbound payments not supported
IM - Isle of Man	GBP	GBP	Domestic outbound payments not supported
IN - India	INR	INR	Local clearing system not required
IT- Italy	EUR	EUR	Local clearing system not required
JE - Jersey	GBP	GBP	Domestic outbound payments not supported
JP - Japan	JPY	JPY	Local clearing system not required
KR - Korea	KRW	KRW	Local clearing system not required
LI - Liechtenstein	CHF	CHF	Domestic outbound payments not supported
LK - Sri Lanka	LKR	LKR	Local clearing system not required
LT - Lithuania	EUR	EUR	Local clearing system not required
LU - Luxembourg	EUR	EUR	Local clearing system not required
MC - Monaco	EUR	EUR	Local clearing system not required
ME - Montenegro	EUR	EUR	Domestic outbound payments not supported
MQ - Martinique	EUR	EUR	Local clearing system not required
MT - Malta	EUR	EUR	Local clearing system not required
MX - Mexico	MXN	MXN	Domestic outbound payments not supported
NL - Netherlands	EUR	EUR	Local clearing system not required
NO - Norway	NOK	NOK	Local clearing system not required
NP - Nepal	NPR	NPR	Local clearing system not required
NZ - New Zealand	NZD	NZD	BANK_TRANSFER
PH - Philippines	PHP	PHP	Local clearing system not required
PK - Pakistan	PKR	PKR	Local clearing system not required
PL - Poland	PLN	PLN	Local clearing system not required
PM - Saint Pierre and Miquelon	EUR	EUR	Local clearing system not required
PR - Puerto Rico	USD	USD	Domestic outbound payments not supported
PS - Palestine	ILS	ILS	Domestic outbound payments not supported
PT - Portugal	EUR	EUR	Local clearing system not required
RE - Reunion	EUR	EUR	Domestic outbound payments not supported
RO - Romania	RON	RON	Local clearing system not required
SE - Sweden	SEK	SEK	Local clearing system not required
SG - Singapore	SGD	SGD	FAST GIRO RTGS
SI - Slovenia	EUR	EUR	Local clearing system not required
SK - Slovakia	EUR	EUR	Local clearing system not required
SM - San Marino	EUR	EUR	Local clearing system not required
TF - French Southern Territories	EUR	EUR	Domestic outbound payments not supported
TH - Thailand	THB	THB	Local clearing system not required
TL - Timor Leste	USD	USD	Domestic outbound payments not supported
TR - Turkey	TRY	TRY	Local clearing system not required
US - United States of America	USD	USD	ACH FEDWIRE
VG - Virgin Islands	USD	USD	Domestic outbound payments not supported
VN - Vietnam	VND	VND	Local clearing system not required
XK - Kosovo	EUR	EUR	Domestic outbound payments not supported
YT - Mayotte	EUR	EUR	Local clearing system not required
ZA - South Africa	ZAR	ZAR	Domestic outbound payments not supported