The bank issuing the reimbursement authorization that the reimbursing bank is to debit when they pay claims. If the Reimbursement Output Method is "Electronic," you must select the reimbursement bank using the library look-up from the FI Bank Library. Any data is entered on the Reimbursement tab, either Bank Instructions (on Instructions tab) or Reimbursement Bank must be populated.
Note: Reimbursement Bank information is always included in tag 53D of an MT700, if present, regardless of an whether an additional MT740 is created or not.