Upcoming Payments

Upcoming payment is a unique feature to the customer. It upfront reminds you the payments which are due for payment in the coming seven days or the following 30 days. By default the view of all the upcoming payments in next seven days for all the accounts mapped to you are listed. Whereas you can switch between weekly and monthly view options.

All the below transactions will be reflected in ‘Upcoming Payments’ as per the date of the transaction:

• Future Dated Transfers
• Future Dated Demand Drafts
• Repeat Transfers

Prerequisites:

Transaction and account access is provided to corporate user

• Approval rule set up for corporate user to perform the actions
• Upcoming payments are maintained under accounts

Features supported in application

Following transactions are allowed under Upcoming Payments

• View Upcoming Payments
• Cancel Upcoming Payment

How to reach here:

Dashboard > Payments > Upcoming Payments Inquiry

Upcoming Payment - Summary

Summarized view of all upcoming payments of next seven days, maintained under accounts mapped to you, is listed on Upcoming Payment Inquiry screen. An option is provided to view the upcoming payments of specific account. You also check the upcoming payment for next 30 days by clicking on, ‘Next Month’ tab.

Field Description

 

Field Name	Description
Date	Date of execution of transaction.
Description	The account number whose inquiry is to be done along with the account nickname. For more information on Account Nickname, click here.
Amount	Transfer amount along with the transfer currency.
Action	To cancel the transaction or SIStanding Instructions: It is an instruction a bank account holder (Payee) gives to his or her bank to pay set of amount at regular intervals to another's (Payees's) account. maintained for the transaction.

To view the standing instruction details:

1. To cancel the transaction or SI maintained for the transaction, click Cancel.
   The Upcoming Payment Inquiry screen with 'Cancel Transfer' pop-up appears.

Upcoming Payments - View & Delete

Further drill down is provided on the record to view the complete transaction details. Upcoming payment also can be cancelled by you. Transaction details specific fields are displayed on the screen.

To delete the transaction or SI maintained for the transaction:

• Click Cancel against the record that you want to delete. The Upcoming Payment Inquiry screen with ‘Cancel Transfer’ pop-up appears.

Upcoming Payments - Cancel Transfer

2. Click Cancel. The Verification screen appears if transaction is configured for OTP validation. For more information click here.
3. The success message appears along with the reference number.
   Click Done to complete the transaction.
   

FAQs

What are Standing Instructions?

Standing Instructions feature facilitates periodic recurring payment from user’s current and savings accounts.

What are the type of payments that are shown under "Upcoming Payments"?

Following type of payments will be shown under ‘Upcoming Payments’ based on the future transaction date:

• Future Dated Transfers
• Future Dated Demand Drafts
• Repeat Transfers

Can I cancel the upcoming payment which is due today?

Cancellation of today’s upcoming payment is depends upon the host processing cycle of upcoming payments. If host processes all upcoming payments during same day’s BODBeginning Of Day process, then you will not be allowed to cancel payments due today.

Can I cancel a specific installment of recurring payment?

No, you cannot cancel the specific installment of recurrent payment, but you can cancel entire instruction given for recurring payment.

Can I cancel the upcoming payment booked from other channel?

Yes, you can cancel the upcoming payment booked from other channels provided you have an access of transaction and account.

Home

Copyright Information

View Table of Contents