Hello Björn and thank you for reaching out to us with your enquiry.
Please check these settings are as below:
in Module: Mail and Conferences > Settings > Email SMTP server
SMTP adress: smtp.office365.com
Port: 587
Encryption method: STARTTLS
user address: postmaster@mydomain.com
password: your Office365 admin password
best regards,
Giuseppe
HansaWorld Support