Adhoc Payment

An adhoc transfer is one which is used to transfer funds from the user’s account to a beneficiary/payee account which is not registered with the bank. Since the transfer is towards an unregistered beneficiary, customers are required to specify the beneficiary details manually along with the transfer details while initiating an adhoc transfer.

The Adhoc payment transaction allows the user to add the adhoc payee from the Adhoc Payment Confirmation screen, so that the user can easily initiate any future transfers towards the payee.

Note: Adhoc Payment is supported only for Domestic - India payments.

Pre-Requisites

• Transaction and account access is provided to corporate user.
• Approval rule set up for corporate user to perform the actions.
• Transaction working window is maintained.
• Purposes of Payments are mandatory for Internal and Domestic Payment
• 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:

Toggle menu > Payments > Payments > Adhoc Payment
OR
Dashboard > Quick Links > 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 is captured while initiating an Adhoc Payment. Along with the payee details, customer 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.

E-Receipt gets generated on successful completion of transaction in the Core Banking application. E-Receipt gets displayed in Activity Log detailed view.

To initiate an internal fund transfer:

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 Confirm Account Number field, re-enter the payee’s account number to confirm.
4. In the Account Name field, enter the payee name.
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.
   OR
   Click the View Limits link to check the transfer limit.
   From the Channel list, select the appropriate channel to view its limits. The graph with utilized amount and the available limit appears.
   

7. View Limits

8. Field Description

   Field Name	Description
   Channel	Channel for which you the user wants to view the limits.
   Min Amount	The per transaction limit - minimum amount.
   Max Amount	The per transaction limit - maximum amount.
   Daily Limits	The daily amount limit and transaction count limit (available and utilized) of a transaction is displayed. This is represented in a graph - with a (colored) utilized amount (numeric figure below it) and the available limit allocated by the Bank (numeric figure below it) and the total of utilized and available limits.
   Monthly Limits	The monthly amount limit and transaction count limit (available and utilized) of a transaction is displayed. This is represented in a graph - with a (colored) utilized amount (numeric figure below it) and the available limit allocated by the Bank (numeric figure below it) and the total of utilized and available limits.

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. In the Note field, enter the remarks for the transaction, if required.
9. Click Pay to initiate payment.
   OR
   Click Cancel to cancel the transaction.
10. The Adhoc Internal Transfer - Review screen appears. Verify the details, and click Confirm.
    OR
    Click Back , user is directed to Adhoc Internal Transfer screen with values in editable form.
    OR
    Click Cancel to cancel the transaction and go back to the Dashboard.
11. The success message appears, along with the reference number, host reference number, status and payment details of the transaction.
    Click Add as Payee? to add the adhoc payee.
    OR
    Click Go To Dashboard to go to the Dashboard screen.
    OR
    Click the e-Receipt link to download the electronic receipt. For more information, click here.

Adhoc Payment – Domestic Fund Transfer

Domestic Bank Account transfer is a transfer of 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 is 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 view the transaction limits associated with a current transaction. Also an option is provided to search the IFSC while initiating an Adhoc Transfer.

E-Receipt gets generated on successful completion of transaction in the Core Banking application. E-Receipt gets displayed in Activity Log detailed view.

To initiate domestic fund transfer:

Adhoc Payment - Domestic fund transfer

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 Confirm Account Number field, re-enter the payee’s account number to confirm.
4. In the Account Name field, enter the payee name.
5. In the Pay Via field, select the appropriate network for payment.
6. In the IFSC Code field, enter the IFSC /Bank Code or select it from the lookup.
   Click Verify to fetch bank details based on Bank Code (BIC).
7. From the Transfer From account list, select the account from which transfer needs to be done.
8. In the Amount field, enter the transfer amount.
   OR
   Click the View Limits link to check the transfer limit.
   From the Channel list, select the appropriate channel to view its limits. The graph with utilized amount and the available limit appears.
   

View Limits

9. Field Description

   Field Name	Description
   Channel	Channel for which you the user wants to view the limits.
   Min Amount	The per transaction limit - minimum amount.
   Max Amount	The per transaction limit - maximum amount.
   Daily Limits	The daily amount limit and transaction count limit (available and utilized) of a transaction is displayed. This is represented in a graph - with a (colored) utilized amount (numeric figure below it) and the available limit allocated by the Bank (numeric figure below it) and the total of utilized and available limits.
   Monthly Limits	The monthly amount limit and transaction count limit (available and utilized) of a transaction is displayed. This is represented in a graph - with a (colored) utilized amount (numeric figure below it) and the available limit allocated by the Bank (numeric figure below it) and the total of utilized and available limits.

9. 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.
10. In the Note field, enter the remarks for the transaction, if required.
11. Click Pay.
    OR
    Click Cancel to cancel the transaction.
12. The Adhoc Domestic Payment - Review screen appears. Verify the details, and click Confirm.
    OR
    Click Back, user is directed to Adhoc Domestic Transfer screen with values in editable form.
    OR
    Click Cancel to cancel the transaction and go back to the Dashboard.
13. The success message appears, along with the reference number, host reference number, status and payment details of the transaction.
    Click Add as Payee? to add the adhoc payee.
    OR
    Click Go To Dashboard to go to Dashboard screen.
    OR
    Click the e-Receipt link to download the electronic receipt. For more information, click here.

Adhoc Payment – International Fund Transfer

An international fund transfer involves the transfer of funds to an account that is maintained outside the country and beyond geographical boundaries. While initiating an adhoc international fund transfer, the customer is required to specify payee details which include the payee account number, clearing code of the bank in which the payee’s account is held along with the network through which the transfer is to be processed. Details specific to the transfer type must also be defined which include identifying the party who is to bear correspondence charges and defining payment details.

E-Receipt gets generated on successful completion of transaction in the Core Banking application. E-Receipt gets displayed in Activity Log detailed view.

To initiate an international fund transfer:

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.

• In the Confirm Account Number field, re-enter the payee’s account number to confirm.

4. In the Account Name field, enter the payee name.
5. In the Address Line 1 and 2 enter the address of the payee.
6. In the City field, enter the city of the payee.
7. From the Country list, select the country of the payee.
8. 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. 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. 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.
9. From the Transfer From account list, select the account from which transfer needs to be done.
10. In the Amount field, enter the transfer amount.
    OR
    Click the View Limits link to check the transfer limit.
    From the Channel list, select the appropriate channel to view its limits. The graph with utilized amount and the available limit appears.
    

View Limits

11. Field Description

    Field Name	Description
    Channel	Channel for which you the user wants to view the limits.
    Min Amount	The per transaction limit - minimum amount.
    Max Amount	The per transaction limit - maximum amount.
    Daily Limits	The daily amount limit and transaction count limit (available and utilized) of a transaction is displayed. This is represented in a graph - with a (colored) utilized amount (numeric figure below it) and the available limit allocated by the Bank (numeric figure below it) and the total of utilized and available limits.
    Monthly Limits	The monthly amount limit and transaction count limit (available and utilized) of a transaction is displayed. This is represented in a graph - with a (colored) utilized amount (numeric figure below it) and the available limit allocated by the Bank (numeric figure below it) and the total of utilized and available limits.

11. 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.
12. From the Correspondence Charges list, select the appropriate correspondence charges applicable.
13. In the Transfer via Intermediary Bank field, select the appropriate option.
14. If you have selected Yes option in the Transfer via Intermediary Bank field, select the appropriate network for payment in the Pay Via field.
1. If you select Swift option:
1. In the SWIFT code field, enter the SWIFT code or select it from the lookup.
2. 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. 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.
15. In the Payment Details field, enter the details about the fund transfer.
    OR
    
    Click the Add Payment Details link to add more details of the transfer, if required.
    
16. In the Note field, enter the remarks for the transaction, if required.
17. Click Pay.
    OR
    Click Cancel to cancel the transaction.
18. The Adhoc International Transfer – Review screen appears. Verify the details, and click Confirm.
    OR
    Click Back , user is directed to Adhoc International Transfer screen with values in editable form.
    OR
    Click Cancel to cancel the transaction and go back to the Dashboard.
19. The success message appears, along with the reference number, host reference number of the transaction.
    Click Add as Payee? to add the adhoc payee.
    OR
    Click Go to Dashboard to go to Dashboard screen.
    OR
    Click the e-Receipt link to download the electronic receipt. For more information, click here.

• Click Add as Payee? to add the payee.
  The Add Payee screen appears.
  

• In the Payee Name field, enter the name of the payee for identification.
• In the Account Type field, select the appropriate option as type of account.
• In the Account Number field, enter the payee’s account number.
• In the Account Name field, enter the payee name.
• If you select Domestic option from the Account Type list.
• In the Pay Via field, select the appropriate network for payment.
  
• In the IFSC Code field, enter the IFSC /Bank Code or select it from the lookup.
• Click Verify to fetch bank details based on Bank Code (BIC).
• If you select International option from the Account Type list.
• In the Pay Via field, select the appropriate network for payment.
  
• In the Swift Code/ National Clearing Code field, enter the swift code/ National Clearing Code or select it from the lookup.
• Click Verify to fetch the details .
  OR
  Enter the bank details, if you have selected Bank Details as payment network.
• In the Nickname field, enter the nickname to identify the payment destination (account).
• Select the appropriate Access Type for payee.
• Click Add to add a payee.
  OR
  Click Cancel to cancel the transaction.
• The Add Payee - Review screen appears. Verify the details, and click Confirm.
  
  OR
  
  Click Cancel to cancel the transaction.

• The success message of adding the payee appears along with the reference number, status and account details.
  Click Go to Dashboard, to navigate to the dashboard.
  OR
  Click Pay Now to transfer the money instantly.
  

FAQs

Can I use the adhoc transfer transaction to transfer funds towards the repayment of a loan which I hold in the same bank?

No, fund transfers can be made only to current or savings account through the adhoc transfer transaction

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, you can make payment to the accounts which are not registered as payees.

Do 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 get utilized if the transaction is initiated from Adhoc Transfer or by using Transfer Money (provided the payment network is the same).

When can I generate e-receipt?

The user can generate an e-receipt, after successful transaction processing in the Core banking application. The user can download it, from the Activity log – detailed view screen.

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