Learn about Swedbank's SUS payout system and how it benefits you as a customer.
What is SUS?
SUS (Salary and Payout System) is Swedbank's dedicated system for managing payouts to private individuals. This format can be used for payments such as salaries, pensions, and other disbursements if recipients have registered their bank accounts with Swedbank’s registry.
How to Use SUS Payout Files in Expense
For customers with Swedbank as their corporate bank, Expense now supports the SUS format for sending payout files. This specific format includes essential employee details, such as addresses and personal identification numbers, enabling Swedbank to manage the transfer process. To use this feature, simply select SUS as the format when exporting payout files in Expense, allowing for a streamlined and automated payout process.
Handling Personal Data and Identification Numbers
When processing personal data, including personal identification numbers, for SUS payouts, it’s important to adhere to data protection regulations like GDPR. Key compliance steps include:
- Purpose Limitation: Personal data should only be collected and processed for clear and lawful purposes, such as salary disbursements.
- Security Measures: Ensure that personal information is handled securely, protecting it against unauthorized access, alteration, or distribution.
Expense employs secure technical solutions and encryption to safeguard personal data throughout the export, transfer, and storage process. These safeguards help maintain the integrity of your data and protect sensitive information.
Internal Guidelines and Compliance
Companies using the SUS system must establish internal guidelines and protocols to ensure that personal data is managed in line with data protection laws. Both Swedbank and Expense uphold high-security standards to ensure that all data processing and personal information handling are conducted responsibly and securely.
By following these protocols, your organization can confidently manage payroll and other disbursements through the SUS system in a secure and compliant manner.