Adhoc Payment

Application provides an option to a users to initiate Adhoc Payments. Using an Adhoc payment transaction, users can initiate payments without maintaining payees. User is expected to enter the payee details manually along with the payment details to initiate a payment.

Pre-Requisites

• Transaction access is provided to corporate user.
• Approval rule set up for corporate user to perform the actions.
• Transaction working window is maintained.
• Purpose of Payments are maintained.
• Transaction limits are assigned to user to perform the transaction.

Workflow

Features Supported In Application

Following type of transactions are supported under Adhoc Payments

• Internal Transfer
• Domestic Transfer
• International Transfer

How to reach here:

Dashboard > Payments > Payments > Adhoc Payment

Adhoc Payment -Internal Fund Transfer

Internal Bank Account transfer is a transfer to an account which is maintained within the Bank. Basic information about the payee along with the payee account and branch details is captured while initiating an Adhoc Payment. Along with the payee details, user is expected to provide the payment details on the Adhoc Payment – Internal transfer screen. User can also view the transaction limits associated with a current transaction.

To initiate an internal fund transfer:

Field Description

Field Name	Description
Account Type	Type of account associated with the payee. The type can be: Internal Domestic International
Account Number	Account number of the payee.
Account Name	Name of the payee in the bank account.
Branch	Branch to which the account belongs.
Transfer From	Source account from which the funds is to be transferred. The account nickname, if the user has set a nickname for the account, it will be displayed. For more information on Account Nickname, click here.
Amount	Amount to be transferred along with the currency.
Transfer When	Specify when to transfer funds. The options are: Now: payment on the same day Later: payment on a future date
Select Date	Date of transfer. This field appears if you select the Later option from the Transfer When list.
Balance	Net balance in the selected account.
Purpose	Purpose of transfer.
Note	Narrative for the transaction.

1. In the Account Type field, select the Internal option as type of account associated with the payee.
2. In the Account Number field, enter the payee’s account number.
3. In the Account Name field, enter the payee name.
4. Select the appropriate Branch to which the account belongs.
5. From the Transfer From account list, select the account from which transfer needs to be done.
6. In the Amount field, enter the transfer amount.
7. In the Transfer when field, select the appropriate transfer date.
1. If you select the Now option, transfer will be done on same day.
   OR
   If you select Later option in the Transfer when field, select the appropriate future date for transfer.
8. From the Purpose list, select the appropriate purpose of transfer.
9. Click pay to initiate payment.
   OR
   Click Cancel to cancel the transaction.
10. The Reviewscreen appears. Verify the details, and click Confirm.
    OR
    Click Edit to make changes if any. User is directed to Adhoc Internal Transfer – screen with values in editable form.
    OR
    Click Cancel to cancel the transaction.
11. The success message appears, along with the reference number.
    Click Done to complete the transaction and navigate back to ‘Adhoc Transfer’ screen.
    OR
    Click to mark the transaction as favorite. The favorite transaction is added. For more information click here.

Adhoc Payment - Domestic Fund Transfer

Domestic Bank Account transfer is a transfer funds to an account which is maintained outside the Bank but within country. Customer provides payee details along with the bank account number and the IFSC of a destination Bank also specifies a payment network using which the payment to be processed. Along with the payee details, customer is expected to provide the payment details on the Adhoc Payment – Domestic transfer screen.

Customer can also view the transaction limits associated with a current transaction. Also an option is provided to search the IFSC while initiating an Adhoc Transfer.

To initiate domestic fund transfer:

Field Description

Field Name	Description
Account Type	Type of account associated with the payee. The type can be: Internal Domestic International
Account Number	Account number of the payee.
Account Name	Name of the payee in the bank account.
Pay Via	NetworkAn electronic funds transfer network, such as PULSE, that links financial institutions and their cardholders to ATMs and merchant point-of-sale (POS) terminals to complete an electronic financial transaction. for payment. The options are: NEFT RTGS IMPS
IFSC /Bank Code	IFSC /Bank Code of destination bank.
Bank Details	Bank details based on the IFSC code of the bank. It includes: Bank Name Bank Address City and State to which the bank belongs.
Transfer From	Source account from which the funds is to be transferred.
Amount	Amount to be transferred along with the currency.
Branch	Branch to which the account belongs.
Transfer From	Source account from which the funds is to be transferred.
Amount	Amount to be transferred along with the currency.
Transfer When	Specify when to transfer funds. The options are: Now: payment on the same day Later: payment on a future date
Select Date	Date of transfer. This field appears if you select the Later option from the Transfer When list.
Balance	Net balance in the selected account.
Purpose	Purpose of transfer.
Note	Narrative for the transaction.

1. In the Account Type field, select the Domestic option as type of account associated with the payee.
2. In the Account Number field, enter the payee’s account number.
3. In the Account Name field, enter the payee name.
4. In the Pay Via field, select the appropriate network for payment.
5. In the IFSC Code field, enter the IFSC /Bank Code or select it from the lookup.

6. Note: Click Verify to fetch bank details based on Bank Code (BIC).

6. From the Transfer From account list, select the account from which transfer needs to be done.
7. In the Amount field, enter the transfer amount.
8. In the Transfer when field, select the appropriate transfer date.
1. If you select the Now option, transfer will be done on same day.
   OR
   If you select Later option in the Transfer when field, select the appropriate future date for transfer.
9. From the Purpose list, select the appropriate purpose of transfer.
10. Click pay.
    OR
    Click Cancel to cancel the transaction.
11. The Reviewscreen appears. Verify the details, and click Confirm.
    OR
    Click Edit to make changes if any. User is directed to Adhoc Internal Transfer – screen with values in editable form.
    OR
    Click Cancel to cancel the transaction.
12. The success message appears, along with the reference number.
    Click Done to complete the transaction.
    OR
    Click to mark the transaction as favorite. The favorite transaction is added. For more information click here.

Adhoc Payment - International Fund Transfer

International Bank Account to transfer is a transfer of funds to an account which is maintained outside the country and beyond geographical boundaries. User can provide payee details along with the bank account number and a clearing code of destination Bank also specifies a payment network using which the payment to be processed. User can also view the transaction limits associated with a current transaction. Also an option is provided to search the Swift and NCC while initiating an Adhoc Transfer.

To initiate a international fund transfer:

Field Description

Field Name	Description
Account Type	Type of account associated with the payee. The type can be: Internal Domestic International
Account Number	Account number of the payee.
Account Name	Name of the payee in the bank account.
Pay Via	Network for payment. The options are: Swift Code NCC (National Clearing code) Bank Details
SWIFT / National clearing code value	SWIFT code /National Clearing code value.
SWIFT code Look up Below fields appears if the SWIFT Code option is selected in Pay Via field.
Lookup Swift Code	Link to search the SWIFT code.
Swift Lookup - Search Result
Bank Name	Name of the bank.
City	City to which the bank belongs.
Branch	Bank branch name.
Country	Country of the bank.
Address	Displays complete address of the bank.
National clearing code Look up Below fields appears if the National clearing code option is selected in Pay Via field.
Lookup National clearing code	Link to search the National clearing code.
NCC Lookup - Search Result
Bank Name	Name of the bank.
Branch	Bank branch name.
Address	Displays complete address of the bank.
NCC Code	NCC code of the bank branch.
Bank Details	Bank details based on the Swift / National clearing code selected for the bank.
Below fields appears if the Bank Details option is selected in Pay Via field.
Bank Name	Name of the bank.
Bank address	Complete address of the bank.
City	City to which the bank belongs.
Country	Country of the bank.
Transfer From	Source account from which the funds is to be transferred.
Amount	Amount to be transferred along with the currency.
Transfer From	Source account from which the funds is to be transferred.
Amount	Amount to be transferred along with the currency.
Transfer When	Specify when to transfer funds. The options are: Now: payment on the same day Later: payment on a future date
Select Date	Date of transfer. This field appears if you select the Later option from the Transfer When list.
Correspondence Charges	Correspondence Charges for the fund transfer.
Payment Details	Details about the fund transfer.
Note	Narrative for the transaction.

1. In the Account Type field, select the International option as type of account associated with the payee.
2. In the Account Number field, enter the payee’s account number.
3. In the Account Name field, enter the payee name.
4. In the Pay Via field, select the appropriate network for payment.
1. If you select Swift option:
1. In the SWIFT code field, enter the SWIFT code or select it from the lookup.

2. Note: Click Verify to fetch bank details based on Bank Code (BIC).
   

2. If you select National Clearing code option:
1. In the National Clearing code field, enter the National Clearing code or select it from the lookup.

2. Note: Click Verify to fetch bank details based on Bank Code (BIC).
   

3. If you select Bank details option:
1. In the Bank Name field, enter the bank name.
2. In the Bank Address field, enter the complete address of the bank.
3. From the Country list, select the country of the bank.
4. From the City list, select the city to which the bank belongs.
5. From the Transfer From account list, select the account from which transfer needs to be done.
6. In the Amount field, enter the transfer amount.
7. In the Transfer when field, select the appropriate transfer date.
1. If you select the Now option, transfer will be done on same day.
   OR
   If you select Later option in the Transfer when field, select the appropriate future date for transfer.
8. From the Correspondence Charges list, select the appropriate correspondence charges applicable.
9. In the Payment Details field, enter the details about the fund transfer.
10. Click pay.
    OR
    Click Cancel to cancel the transaction.
11. The Reviewscreen appears. Verify the details, and click Confirm.
    OR
    Click Edit to make changes if any. User is directed to Adhoc Internal Transfer – screen with values in editable form.
    OR
    Click Cancel to cancel the transaction.
12. The success message appears, along with the reference number.
    Click Done to complete the transaction.
    OR
    Click to mark the transaction as favorite. The favorite transaction is added. For more information click here.
    OR
    Click e-Receipt to generate an e-receipt of the payment.

FAQs

Can I transfer the funds to my loan account which I hold in same bank?

No, using this transactions amount can be transferred to current or savings account.

Can I set a future date for a fund transfer?

You can set a future date for a payment using Pay Later payment option.

What happens if I have set up a future dated transfer, but don't have enough funds in my account on the transaction date for the transfer?

Balance check will not be performed at the time of transaction initiation with future date. The transaction will get declined in case of insufficient funds in the account on the given transaction date.

What happens if the transaction amount is less than set Transaction Limit?

If the transaction amount is less or more than transaction limit set by the Bank, user cannot proceed to make payment.

Can I make a payment to an account which is currently not registered as my payee?

Yes, using this transaction, you can make the payment to the accounts which are not registered as payees.

What happens when I add a transaction in my favorite list?

Once a transaction is marked as favorite it is displayed in customer’s favorite list. Customer can directly initiate a transfer using favorite transactions; all the transaction details are displayed on screen auto populated. User can make required changes in the details and submit the transaction for processing.

Are separate transactions limits get defined if I initiate a transfer using Adhoc Transfer and using Transfer Money by selecting a payee?

Transactions limits are defined based on each payment network. The same limits gets utilized if the transaction the initiated from Adhoc Transfer or by using Transfer Money.

When can I generate e-receipt?

An option to generated E-receipt is provided on transaction conformation screen, only if the transaction is processed in the host system.

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