A Secure File Transfer Protocol (SFTP) is a safe network channel to send and receive large volumes of information. With SFTP, you can securely and directly send payment instructions that the ERP generates to Ebury and receive statements from Ebury.
Benefits of using SFTP with Ebury
Optimise your workflows from ERP and make reconciliation a breeze.
Secure
Only authorised people can access the file transfer system with certificate-based authentication.
Efficient
Automate payables and receivables reconciliation into your existing ERP by uploading already ready-to-use statements and save time and hassle with data entry.
Reliable
Ensure the confidentiality and integrity of the data being transferred.
How does it work
File Transfer Protocol (FTP) transfers data in plain text, making it vulnerable to interception and unauthorised access. On the other hand, SFTP is an extension of FTP due to its superior security as it encrypts all data during transmission.
Here are a few simple steps to transmit large volumes of payment information with Ebury via SFTP.
We will configure the SFTP setup between your software and the Ebury SFTP service to help you initiate payouts.
Once the configuration is done, you can securely upload payment instructions to your SFTP folder.
For receiving end-of-day statements from Ebury, we will set up your subscription to our daily statements service.
Ebury will then generate and host EoD statements in a secure SFTP folder or a destination of your choice.
Access the SFTP folder and download your account statement.
Upload the EoD statements to your existing ERP to reconcile your account payables and receivables.
What file formats does it support?
Send your payment instructions to Ebury in ISO20022 standard PAIN00 format.
Receive EoD statements from Ebury, either as SWIFT standard MT940 or ISO20022 standard CAMT053.
How to get access to SFTP
If you are already an Ebury client, speak to your dedicated relationship manager to learn more about it and the steps to access it.
If you have yet to become our client but want to learn more about SFTP and how Ebury can help you transmit files securely from your ERP, feel free to contact our team.