MAT Finance - Additional BACS File Type Support - BACS6 for HSBC
Config > Finance > Bank Accounts
This update introduces improved support for the BACS6 (BACS Standard 18 – Excl. SUN) file format used by HSBC. It enables finance teams to process supplier payments and customer refunds via this specific format directly within Bromcom MAT Finance systems.
- MAT Finance – Batch Payment Runs.
Single or multiple invoices/credit notes for single or multiple suppliers/customers using a BACS6-linked bank account.
Refunds processed via BACS for customers with appropriate bank details.
Creation of BACS6 files from standard payment/refund processes.
Support for “Treat the BACS run as a test” – prepends "TEST" to the file, no remittance advice generated.
Recreate BACS Run produces a valid BACS6 file with updated processing date.
Generated correctly for live BACS6 runs.
Skipped for test runs, consistent with existing BACS logic.
MAT Finance users can now process payments using HSBC’s specific BACS6 format, ensuring compliance with HSBC banking standards while maintaining flexibility and consistency across payment workflows.