Company setup
As part of company setup, you can define the offices of your organization, the type of offices, their locations and bank details. Company setup comprises of setting up the location of business for your organization, the company details, which includes defining the type of office, for example, head office or branch office, and the bank details of your company. Banking information is used for accounting purposes and contains details such as bank name, location, routing number, bank code and related ACH information.
The bank information is different for the borrower and the company.