What is house bank, bank key?
Answers were Sorted based on User's Feedback
Answer / annu
Operating bank of client is called House bank. It contains
deatils about bank like bank key, account id, account
number , bank country and address of bank.
BANK key is a registered number given by RBI (in India) to
banks (corporate number) it is customised at country level
Is This Answer Correct ? | 64 Yes | 5 No |
Answer / vicky pruthi
House bank is the bank with which company maintain the
bank account.all transaction ismake in this account.acao.
can have a multiple housebank.
Bank key
It is the micr code through which the bank
identify.this is the unique key provided by the Reserve
bank
Is This Answer Correct ? | 22 Yes | 5 No |
Answer / syed.shakeer
House bank is the operating bank of the client through
which payments are made to the vendors and cash is recieved
from the customers.House bank of the client holds banking
information like bank keys,bank account id,bank details etc.
Is This Answer Correct ? | 10 Yes | 2 No |
Answer / e lokesh
House Bank: Is a bank which contains multiple account ID's
and which operates for outgoing/Incoming payments with
different currencies with different accounts.
Bank Key: a country-specific code that, in combination with
the Bank Country, is used to identify a House Bank within
the SAP system.
Bank Key is provided by the specified country not only RBI
also all the bank countries will provide.
Is This Answer Correct ? | 5 Yes | 1 No |
Operating bank of client is called House bank. It contains
deatils about bank like bank key, account id, account
number , bank country and address of bank.
BANK key is a registered number given by RBI (in India) to
banks (corporate number) it is customised at country level
Is This Answer Correct ? | 8 Yes | 6 No |
Answer / nissy
A business partner that represents a bank through which a
company can process their own internal transactions
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / r.s.raju
house bank is used to handle accounting trasactions that a
company process whith their bank
Is This Answer Correct ? | 16 Yes | 15 No |
Answer / harish joshi
House bank is your bank account. Where all the money
related transaction reflecting.
Is This Answer Correct ? | 4 Yes | 3 No |
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