Before importing account statements into the SAP R/3 System, you must first retrieve them from the banks.

Normally, you receive the statement files by means of banking communication software (BCS), which calls the bank and retrieves the files. Banks in almost all countries sell these PC programs and provide training for them.

Data transfer with banks usually occurs on a contractual basis.

Data transfer in Germany is normally carried out with MultiCash Software. Almost every credit institute has its own name for data transfer software.

The import procedure can be carried out only once the account statement files are accessible on your file system or PC drive.

The system supports over 16 international formats for the electronic account statement. Before importing files, R/3’s standard program converts some of the account statement files to MultiCash format.

For the SWIFT format, there are dialects that differ from the standard SWIFT. The SAP R/3 System does not support these dialects. SAP does however certify the SWIFT MT940 interface (FI-SBS). Certified banks or software providers can supply you with SWIFT MT940 files that can be processed.