Add Payee - Bank Account

While adding a payee, the user is provided with the option to either assign an account number to the payee or to define a demand draft template to be used while issuing demand drafts towards the payee.

This section documents the addition of a payee with transfer type as bank account.

Internal

Domestic

International

How to reach here:

Dashboard > Payments Widget > Manage Payees & Billers > Add New Payee > Bank Account
OR
Dashboard > Toggle Menu > Payments > Setups > Manage Payees & Billers > Add New Payee > Bank Account
OR
Dashboard > Payments Menu > Transfer Money > Manage Payees & Billers > Add New Payee > Bank Account

To add new payee:

• Click the Add New Payee link on the Manage Payees screen. The pop up screen appears on which to specify the transfer type i.e. bank account or demand draft, appears.
  

• Select the Bank Account option click Ok, to create bank account type of payee. The Add Payee screen appears.

Add Payee - Internal Bank Account

While creating a payee that has an internal bank account, i.e. an account that is held in the same bank as that of the user’s, in addition to the basic payee information that needs to be captured, the account number and branch in which the payee’s account is held will also need to be identified.

To add a payee with an internal account:

• In the Account Type field, select the Internal option as type of account associated with the payee.

2. In the Payee Name field, enter the name of the payee.
3. Click on the Upload Photo link to upload a photo against the payee.

4. Note: Once a photo is uploaded against the payee, the options Change and Remove appear against the photo.
   Click Change to modify the uploaded payee photo.
   OR
   Click Remove to delete the uploaded payee photo.
   

4. In the Account Type field, select the Internal option as type of account associated with the payee.
5. From the Branch list, select the appropriate bank branch of the payee.
6. In the Account Number field, enter the payee’s account number.
7. In the Confirm Account Number field, re-enter the payee’s account number.
8. In the Account Name field, enter the payee name.
9. In the Payee Name field, enter the payee's names as maintained against the payee’s account.
10. In the Nickname field, enter a nickname to be assigned to the specific account of the payee.
11. Click Add to add a payee.
    OR
    Click Cancel to cancel the transaction.
    OR
    Click the Back to Dashboard link, to navigate to the dashboard.
12. The Add Payee - Review screen appears. Verify the details, and click Confirm.
    OR
    Click Cancel to cancel the transaction and to navigate back to ‘Dashboard’.
    OR
    Click Back to return to the Add Payee screen.
13. The success message appears along with reference number and the account details.
    Click Go to Dashboard, to navigate to the dashboard.
    OR
    Click More Payment Options to access other payment options.
    OR
    Click Pay Now to initiate a fund transfer towards the added payee.
    OR
    Click Setup Payee Limits to assign limits (daily and/or monthly) to the payee’s account.
    

Add Payee - Domestic Bank Account

A domestic account transfer is one which involves the transfer of funds to an account that is held with another bank within the same country. Hence, while adding a payee that has a domestic bank account, details of the payment network, through which funds are to be transferred, along with the bank and branch in which the payee’s account is held will also need to be captured in addition to the payee details and account specific information.

Domestic Account - India

The following steps are applicable for domestic account payee creation if the geographical region configured is India.

To add a payee for domestic account transfer:

• In the Account Type field, select the option Domestic to indicate the type of account associated with the payee.

• In the Payee Name field, enter the name of the payee for identification.
• Click on the Upload Photo link to upload a photo against the payee.

• Note: Once a photo is uploaded against the payee, the options Change and Remove appear against the photo.
  Click Change to modify the uploaded payee photo.
  OR
  Click Remove to delete the uploaded payee photo.

4. In the Account Number field, enter the payee’s account number.
5. In the Confirm Account Number field, re-enter the payee’s account number.
6. In the Account Name field, enter the payee name.
7. From the Payee Account Type list, select the type of account associated with the payee.
8. In the IFSC Code field, enter the IFSC /Bank Code or select it from the lookup.
9. If you search the IFSC code by clicking the Lookup IFSC Code link.
   In the IFSC Code and Bank Name field, enter the IFSC code and bank name of the beneficiary bank.
   Specify either the name of the city or the state in which the payee’s account is held in the fields City or State.
   Click Search. The bank details appear.
   Click the IFSC Code link from the search results. The bank details get populated on the Add Payee – Domestic Account screen.
   OR
   Enter the IFSC /Bank Code, click Verify to fetch bank details based on Bank Code (BIC).
   OR
   Click Reset to clear the populated data and enter/ select a new IFSC Code.
   
8. In the Nickname field, enter the nick name to be assigned to the specific account of the payee.
9. Click Add to add a payee.
   OR
   Click Cancel to cancel the transaction.
   OR
   Click the Back to Dashboard link, to navigate to the dashboard.
10. The Add Payee - Review screen appears. Verify the details, and click Confirm.
    OR
    Click Cancel to cancel the transaction and navigate back to the ‘Dashboard’.
    OR
    Click Back to return to the Add Payee screen.
11. The success message appears along with the reference number and account details.
    Click Go To Dashboard, to navigate to the dashboard.
    OR
    Click More Payment Options to access other payment options.
    OR
    Click Pay Now to initiate fund transfer towards the added payee.
    OR
    Click Setup Payee Limits to assign limits (daily and/or monthly) to the payee’s account.

Payee Maintenance – UK Bank Account

The following steps are applicable for domestic account payee creation if the geographical region configured is the UK.

To add a payee for domestic account transfer:

• In the Account Type field, select the Domestic option as type of account associated with the payee.

• In the Payee Name field, enter the name of the payee for identification.
• Click on Upload Photo link to upload a photo against the payee.

• Note: Once a photo is uploaded against the payee, the options Change and Remove appear against the photo.
  Click Change to modify the uploaded payee photo.
  OR
  Click Remove to delete the uploaded payee photo.

• In the Payment Type field, select the specific network for payment.
• If you select either the Non-Urgent or Faster payment option:
• In the Account Number field, enter the payee’s account number.
• In the Confirm Account Number field, re-enter the payee’s account number.
• In the Account Name field, enter the payee name.
• In the Sort Code field, enter the Sort Code or select it from the lookup.
  OR
  Click Reset to clear the populated data and enter/ select a new Sort Code.
• Click Verify to fetch bank details based on the Sort Code.
• If you select Urgent payment option:
• In the Account Number field, enter the payee’s account number.
• In the Confirm Account Number field, re-enter the payee’s account number.
• In the Account Name field, enter the payee name.
• In the Swift Code field, enter the Swift Code or select it from the lookup.
  OR
  Click Reset to clear the populated data and enter/ select a new Swift Code.
• Click Verify to fetch bank details based on the SWIFT Code.
• In the Nickname field, enter the nickname to be assigned to the specific account of the payee.
• Click Add to add a payee.
  OR
  Click Cancel to cancel the transaction.
  OR
  Click the Back to Dashboard link, to navigate to the dashboard.
• The Add Payee – Review screen appears. Verify the details, and click Confirm.
  OR
  Click Cancel to cancel the transaction and to navigate back to ‘Dashboard’.
  OR
  Click Back to return to the Add Payee screen.
• The success message appears along with the reference number and account details.
  Click Go to Dashboard, to navigate to the dashboard.
  OR
  Click More Payment Options to access other payment options.
  OR
  Click Pay Now to initiate fund transfer to the added payee.
  OR
  Click Setup Payee Limits to assign limits (daily and/or monthly) to the payee’s account.

Domestic Account – SEPA Payment

The following steps are applicable for domestic account payee creation if the geographical region configured is any of the member states that comprises the European Union.

To add a payee for domestic account transfer:

• In the Account Type field, select the option Domestic to indicate the type of account associated with the payee.

• In the Payee Name field, enter the name of the payee for identification.
• Click on the Upload Photo link to upload a photo against the payee.

• Note: Once a photo is uploaded against the payee, the options Change and Remove appear against the photo.
  Click Change to modify the uploaded payee photo.
  OR
  Click Remove to delete the uploaded payee photo.

• In the Payment Type field, select the specific network for payment.
• In the Account Number field, enter the payee’s account number.
• In the Confirm Account Number field, re-enter the payee’s account number.
• In the Account Name field, enter the payee name.
• In the Bank Code (BIC) field, enter the international Bank code of the debtor bank.
  OR
  Click Reset to clear the populated data and enter/ select a new Bank Code (BIC).
• Click Verify to fetch bank details.
• In the Nickname field, enter the nickname to identify the payment destination (account).
• Click Add to create the 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.
  OR
  Click Back to return to the Add Payee screen.
• The success message appears along with the reference number and account details.
  Click Go to Dashboard, to navigate to the dashboard.
  OR
  Click More Payment Options to access other payment options.
  OR
  Click Pay Now to initiate fund transfer to the added payee.
  OR
  Click Setup Payee Limits to initiate set-up daily limits and monthly limits.

Add Payee – International Bank Account

An international fund transfer involves the transfer of funds to an account that is maintained outside the country and beyond geographical boundaries. Hence, while adding a payee who holds an international account, the user is required to specify extensive details of the payee’s account including the network code to be used to transfer money to the account as well as the details of the bank in which the account is held.

To add a payee with an international account:

• In the Account Type field, select the International option as type of account associated with the payee.

• In the Payee Name field, enter the name of the payee for identification.
• Click on the Upload Photo link to upload a photo against the payee.

• Note: Once a photo is uploaded against the payee, the options Change and Remove appear against the photo.
  Click Change to modify the uploaded payee photo.
  OR
  Click Remove to delete the uploaded payee photo.

• In the Account Number field, enter the payee’s account number.
• In the Confirm Account Number field, re-enter the payee’s account number.
• In the Account Name field, enter the payee name.
• In the Pay Via field, select the appropriate network for payment.
• If you select Swift option:
• In the SWIFT code field, enter the SWIFT code or select it from the lookup.
  OR
  Click Reset to clear the populated data and enter/ select a new SWIFT code.
• Click Verify to fetch bank details based on Bank Code (BIC).
• If you select NCC option:
• In the National Clearing code field, enter the National Clearing code or select it from the lookup.
• Click Verify to fetch bank details based on Bank Code (BIC).
• If you select Bank details option:
• In the Bank Name field, enter the bank name.
• In the Bank Address field, enter the complete address of the bank.
• From the Country list, select the country of the bank.
• From the City list, select the city to which the bank belongs.
• In the Nickname field, enter the nickname to be assigned to the specific account of the payee.
• Click Add to add a payee.
  OR
  Click Cancel to cancel the transaction.
  OR
  Click the Back to Dashboard link, to navigate to the dashboard.
• The Add Payee – Review screen appears. Verify the details, and click Confirm.
  OR
  Click Cancel to cancel the transaction and navigate back to ‘Dashboard’.
  OR
  Click Back to return to the Add Payee screen.
• The success message appears along with the reference number and account details.
  Click Go To Dashboard, to navigate to the dashboard.
  OR
  Click More Payment Options to access other payment options.
  OR
  Click Pay Now to initiate fund transfer towards the added payee.
  OR
  Click Setup Payee Limits to assign limits (daily and/or monthly) to the payee’s account.

Note: For more information on managing payee, click here.

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