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Wanzi's avatar
Wanzi
Member
1 year ago
Solved

Bank Code is Invalid for Wise Account (NZ)

Hi there,

 

I am trying to set up Wise as a supplier in MYOB AccountRight in order to make a payment to them. They have given me a NZD account number beginning 04-2021-xxxxxxx-xx. AccountRight is giving me a pop-up error "The Bank code is invalid".   

 

Payments NZ lists the 04 bank code as ANZ Institutional and Wise references their bank as JPMorgan Chase NZ. https://www.paymentsnz.co.nz/resources/industry-registers/bank-branch-register/?bank_number=04 

 

Is there another way to set up MYOB AccountRight to make payments to Wise?

Or can this bank code please be added as a valid code in MYOB AccountRight? 

  • Hi to anyone following this thread. This issue seems to have been resolved. I have been able to add my Wise account 04-2021-xxxxxxx-xx and make a batch payment normally. 

    Thanks for fixing this issue. 

    But it took a lot longer than it should and would have been nice to get an official reply here when it was fixed.  

    Cameron

20 Replies

  • Vivek2's avatar
    Vivek2
    Member
    1 year ago

    Ive just tried to pay a bank account with 04-2014-xxxxxxx-xx and im having the same issue. It's been 2 months since your post...how long will it take for these bank prefixes to be supported?

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    1 year ago

    Hi everyone, 

     

    I understand that you also have the same error message. I passed on all of your details to the relevant team. In the meantime, feel free to create a new thread if you need any other help.

     

    Thanks,
    Genreve

  • chrissya's avatar
    chrissya
    Contributing User
    1 year ago

    We are having the same 04-2014-#######-###

  • CatFH's avatar
    CatFH
    Member
    1 year ago

    I am also having the same issue for the 04-2021 bank code. 

  • EricaKirkham1's avatar
    EricaKirkham1
    Member
    1 year ago

    Hi - We are having the exact same issue - how do we enable this for our payments with an 04 bank code? 

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    1 year ago

    Hi Wanzi,

     

    I understand the frustration the error bank code is invalid may cause. No worries, I've created a case for you and passed it along to the right team. While I don't have an exact timeframe for the fix just yet, your patience and understanding mean a lot. Feel free to post again if there's anything you need assistance with.

     

    Best regards,

    Doreen