Validating international banking information

June 30, 2020


Q. I am looking for feedback from companies who do business internationally. We are involved in an engagement with a third party supplier to assist with electronic imaging/interfaces from supplier into Oracle Cloud. We are being told that international vendors can have multiple bank accounts and that the BPO is required to manually cross-validate all banking information provided on the international invoices and then verify everything before it can be included in a pay cycle for processing. I…

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