Bank Account Security Model
In Release 12, banks and bank branches are created as Trading Community Architecture parties. The bank accounts are associated with Bank Branches but reside within the Cash Management application. During the bank account creation, you will be able to define in which applications this bank account can be used.The new model reduces the number of access points to manage bank accounts by providing a centralized user interface where all internal bank accounts can be set up. Bank account access in the new model can be granted to multiple operating units, thus eliminating the redundant duplicate bank account setup under different operating units in case these operating units share the same bank account. This simplifies the reconciliation process since now one bank account is the system corresponds to one bank account at the bank.