Product Information 

Bank Communication Management in SAP S/4HANA Cloud  

At SAP, we are simplifying your communication with banks by offering various options for bank communication to meet individual customer requirements.  This blog is not meant as a replacement of the documentation, it is rather an extension of the documentationThis blog post will focus on the comparison of the various communication options, also providing guidance so that you can make the right business decision for your company. 

Three Ways of Bank Communication 

You may have noticed that we currently have three ways to communicate with banks. These include: 

  • Bank Integration with File Interface (‏1EG‏),  
  • Application Interface to Retrieve Payment Files (2YM‏), and  
  • Bank Integration with SAP Multi-Bank Connectivity (‏16R‏). 

There are numerous reasons for this. You’re probably asking yourself – which option should I be using?  

Comparing the Three Ways of Bank Communication 

Bank Integration with File Interface (Scope Item 1EG) 

If your company is very small with a very limited number of house banks, you can use the Bank Integration with File Interface (‏1EG). In this scenario, files are handled manually to exchange information about payments and bank statements with your bank. 

Key Process Flows: 

  • Download the payment instruction file created by your back-end system 
  • Upload the bank statement from the bank to SAP S/4HANA Cloud 

Pros: 

  • You don’t need any additional SAP S/4HANA Cloud license 
  • You don’t require Advanced Cash Operations (Scope Item J78) 

Cons: 

  • You’re responsible for the bank communication and the remedy of defects ·        
  • Very