Initiate Payment - Additional Information

Introduction

While initiating the payment transaction, apart from the debit and credit information, the following additional information are also entered.

• Negotiated details

• Additional origination details including the address details of the retail user

• Additional destination details like counter party clearing code, intermediary bank address and so on

Navigation

• Click Additional Information in the Initiate Payments screen in the Transaction Management menu option

• The Initiate Payment - Additional Information screen is displayed.

What you can do

The table below provides a brief description of the data that should be entered on the screen and the functions you can perform:

Field

Description

NEGOTIATED RATE DETAILS

Negotiated Rate

The user can provide the negotiated rate in case of the multicurrency transactions.

Dealer Reference

Provide the dealer reference number for negotiated rate

ADDITIONAL ORIGINATION DETAILS

Trace Account

Select the trace account from the drop-down. Click View Account Details to view the details of the selected account.

On Behalf of

In case the user is initiating the transaction on behalf of a different customer ID, use the ‘click here’ link to select a different customer ID and populate the address of the different customer ID.

Address

The address of the user or other customer ID chosen.

City & Zip

The city and zip code of the other user or other customer ID chosen.

State

The state of the user id/other customer id chosen.

Country

The country of the user id/other customer id chosen.

Limit End Date

The date on which the limits stop being effective.

ADDITIONAL DESTINATION DETAILS

Delivery Mode

The delivery mode of the payment transaction can be selected from the list. The available options include:

• E-Transfer

• Cash

• Instrument

Transfer Information

Any additional transfer information can be provided in this field.

Counter party bank Clearing code

The bank clearing code of the counter party bank is provided in this field.

Intermediary Bank Search

The details of the intermediary bank can be populated by using the Lookup button. The intermediary bank details include the following

• Intermediary Bank Name

• Intermediary Branch Name

• Address of the intermediary bank

• City and Postal Code of the intermediary bank

• Country of the intermediary bank

• Bank clearing code of the intermediary bank