EFT File Export is an ML IT Partners extension for Dynamics 365 Business Central that converts payment journal lines into electronic funds transfer (EFT) files ready for submission to Malaysian banks. Once a payment run is approved, finance teams generate bank-ready files straight from the payment journal instead of re-keying every payment into an internet banking portal, with payee names, account numbers, bank codes, and payment references already in place exactly as the bank expects them.
It exists because Malaysian corporate payments run on bank-specific templates. Every bank defines its own file layouts for bulk submissions across the country’s payment methods: interbank GIRO (IBG) for next-day vendor and salary transfers, JomPAY for bill payments, DuitNow for instant account-to-account transfers, and RENTAS for high-value payments. Without an export tool, the alternative is formatting spreadsheets by hand for every bank, every run: slow, repetitive work in which a single mis-keyed account number can delay a payment or send money to the wrong place.
EFT File Export removes that manual step. It converts payment journal lines into files accepted by most Malaysian banks, combines many payees into a single bulk submission, and supports scheduled, automated exports for recurring cycles such as month-end supplier payments and payroll. Every generated file remains traceable to the journal lines behind it, which keeps reconciliation straightforward. In ML IT’s finance toolkit it sits alongside the E-Invoice Submission add-on, so the payments a business makes and the e-invoices it must validate are both handled from the same Business Central environment.
What’s included
- Bank-ready EFT file generation directly from payment journal lines, so approved payments become submission files without re-keying into spreadsheets or banking portals
- Coverage of the file formats and payment methods used by most Malaysian banks, including interbank GIRO (IBG), JomPAY bill payments, DuitNow transfers, and high-value RENTAS submissions
- Bulk submissions that combine many vendors, employees, or other payees into a single file, with each line carrying the payee detail the bank requires: account number, bank code, name, and payment reference
- Flexible selection from the payment journal by vendor, due date, amount, or bank account, so every run contains exactly the payments you intend
- Scheduled, automated exports through Business Central job queues for recurring cycles such as month-end supplier payments and payroll
- One-off export of a single payment for urgent or ad hoc transfers, without leaving the journal
- Submissions grouped and reported by bank account and payment method, so file contents can be reviewed before anything leaves the system
- A complete audit trail linking every exported file back to its journal lines for tracking, review, and bank statement reconciliation
How ML IT Partners can help
ML IT Partners is a certified Microsoft Dynamics partner established in 1998, with close to three decades of experience implementing ERP and finance solutions for Malaysian businesses. An EFT File Export engagement begins with understanding how you pay today: which banks you work with, which payment methods you rely on, and how your vendor payment and payroll runs are structured. Their consultants use that review to map your payment workflow in Business Central and show where the extension removes manual effort before a single setting is configured.
Implementation is then carried out with Malaysian banking practice in mind. ML IT configures the extension against your bank accounts, sets up the export formats your banks require, and verifies generated files against bank templates before go-live, so the first real run goes through cleanly. They train the finance team that will use it every day and remain involved afterwards: support when you add banks or payment methods, and updates when banks revise their file formats or introduce new payment rails. That support keeps payments flowing from Business Central as your processes, volumes, and banking arrangements evolve.