1.1 Regionalization for Domestic Payments

This topic describes the information about Regionalization for Domestic Payments screen.

Regionalization for domestic payments involves systems to align with the specific requirements and standards of each region. This includes defining fields such as networks supported, account types, currencies, charges, etc. that can vary from one region to another. By customizing these fields according to regional specifications, implementation partners can enhance the reliability of domestic payment transactions, ensuring they meet local regulatory requirements and customer expectations.

Implementation partners have the flexibility to customize domestic payee and payment fields to meet the specific requirements of each region.

Below are the regions for which configurations are provided out of box:

• India
• SEPA region
• US

Networks for the above supported regions:

Table 5-1 Networks Supported

Region	Networks
India	RTGS NEFT IMPS
SEPA region	SEPA Credit Transfer SEPA Instant Credit
US	ACH Transfer Faster ACH Transfer Domestic Wire Transfer

1. India Region

   Here are the field specifications which will be displayed on payee and payment screen for domestic payments specific to the India region.

   Table 5-2 Payee - Field Description

   Field Name	Description
   Payee Type	Select Domestic.
   Account Details	Information specified in below fields are related to account details.
   Account Type	Select the type of account associated with the payee. Below are the types configured for each network: Savings Current Overdraft Cash Credit Loan Account NRE
   Account Number	Specify the account number of the payee.
   Confirm Account Number	The user is required to re-enter the payee’s account number in this field.
   Account Name	Enter the name of the payee as maintained against the payee’s bank account.
   Bank Details	Information specified in below fields are related to bank details.
   Search by IFSC	On click the Lookup overlay screen appears with the search criteria. This is to enable user to search bank details using IFSC Code. For more information on Lookups, refer Lookups section.
   Search by IFSC - Search Result	The following fields are displayed in the search results.
   IFSC Code	The Complete Bank Code. Available as a link, selecting which will copy the Bank Code and Bank Details back onto the Add Payee page.
   Bank Name	Name of the bank.
   Address	The complete address of the bank.
   Bank Details	The details of the bank that include the IFSC Code as well as the name and address of the bank and branch in which the payees account is held.
   Personal Details	Information specified in below fields are related to personal details.
   Upload Photo	Select this option to upload a profile photo against the payee. Following actions are available on the + icon: Upload – Browse and upload the profile picture. Choose Avatar - Select initials pattern profile picture or picture from suggestions. Remove - Removes the profile picture uploaded. This option will only appear if no photo has been uploaded against the payee. Note: The maximum allowable image size is 1MB, and the accepted formats are limited to JPG and PNG. Once a photo is uploaded against the payee, click on the + icon and select Upload/Choose Avatar to update the profile picture.
   Nickname	Specify a nickname to be assigned to the specific account of the payee for the purpose of easy identification.
   Email ID	Email addresses of the payee. Note: This field is provided simply as a base product feature and will be available to send across to the backend Payments Processor during posting a payment. There will be no notifications sent to the payee on this email address by OBDX. Doing any processing of this field would be an implementation time activity.

   Table 5-3 Payment Details - Field Description

   Field Name	Description
   Currency	Select the currency in which the payment is to be made. For My Account and Within Bank payments it will display debit account and credit account currency. For Domestic and Cross Border payments it will display debit account and network currencies.
   Debit/Transfer Amount	Specify the amount for which the payment is to be made.
   Transfer Currency	Select transfer currency. This will come in case the debit account currency is selected and network allows different currency transfers.
   View Limits	Link to view the transaction limits. For more information on Limits, refer View Limits section.
   Exchange Rate	Display indicative exchange rate in case of cross currency transfer.
   Network Type	Select the network type for the payment. Supported networks are RTGS, NEFT, IMPS.
   Scheduled On	The facility to specify the date on which the payment is to be made. The options are: Pay Now: Select this option if you wish to make the payment on the same day. Pay Later: Select this option if you wish to make the payment at a future date. If you select this option, you will be required to specify the date on which the payment is to be made. Recurring: Select this option if you wish to make the recurring payments.
   Transfer On	Specify the date on which the payment is to be made. This field appears if the option Pay Later is selected from the Scheduled On list.
   Select Frequency	The frequency in which the repeat transfers are to be executed. The options are: Daily Weekly Fortnightly Monthly Bi-monthly Quarterly Semi-Annually Annually Advanced Note: If the Advanced option is chosen, one can configure a frequency for the transaction to occur, specifying intervals such as once every X day, weeks, or months. This field appears if the option Recurring is selected from the Scheduled On list.
   Start Transferring	The date on which the first recurring transfer is to be executed.
   Stop Transferring	Select the option by which to specify when the recurring transfers are to stop being executed. The following two options are available: On Date: Select this option if you wish to specify a date on which the last transfer is to be executed. After Instances: Select this option if you wish to specify the number of recurring transfers that are to be executed as part of the instruction. This field appears if the option Recurring is selected from the Scheduled On list.
   Date	Specify the date on which the last transfer is to be executed. This fields appears if the option On Date is selected in the Stop Transferring field.
   Instances	Number of instances. This field appears if the option After Instances is selected in the Stop Transferring field.
   Also Transfer Today	Select this option to also initiate a one-time transfer towards the payee for the same amount as each individual instruction.
   Fees & Charges	Information specified in below fields are related to fees and charges.
   Calculate Charges	Click on the link to calculate the fees and charges applicable for the transaction. This field is network dependent field, comes from regionalisation.
   Deduct Charges From	The Bank may levy charges for certain payment networks. The user can choose which debit account to use when paying the charges. The accounting entries for the charge’s components will be reflected in the statement of the account selected here. This field is enabled for all Payment Types – Within Bank, Domestic and Cross Border. In case of Cross Border Payments, it is enabled when Payer or Shared option is selected in the Correspondence Charges.
   Current Balance	The net balance of the source account.
   Additional Details	Information specified in below fields are related to additional details.
   Payment Purpose	The purpose of payment. It will be a list of allowed purpose codes.
   Payment Details	You can add up to 4 fields each of length not more than 35. These will carry the unstructured remittance information to the Payment Processor.
   Customer Reference Number	The reference number assigned to the customer.
   Note	Specify a note or remarks for the transaction, if required.

2. SEPA Region

   Here are the field specifications which will be displayed on payee and payment screen for domestic payments specific to the SEPA region.

   Table 5-4 Swift - Field Description

   Field Name	Description
   Payee Type	Select Domestic.
   Account Details	Information specified in below fields are related to account details.
   IBAN	Specify the IBAN of the payee.
   Confirm IBAN	The user is required to re-enter the payee’s IBAN number in this field.
   Account Name	Enter the name of the payee as maintained against the payee’s bank account.
   Bank Details	Information specified in below fields are related to bank details.
   BIC Code (read-only)	The user can see the BIC Code of the payee’s account in read only mode. The bank code will be fetched based on the IBAN and will be displayed here in read only mode.
   BIC Code - Search Result	The following fields are displayed in the search results.
   BIC Code	The Complete Bank Code. Available as a link, selecting which will copy the Bank Code and Bank Details back onto the Add Payee page.
   Bank Name	Name of the bank.
   Address	The complete address of the bank.
   Bank Details	The details of the bank that include the IFSC Code as well as the name and address of the bank and branch in which the payees account is held.
   Personal Details	Information specified in below fields are related to personal details.
   Upload Photo	Select this option to upload a profile photo against the payee. Following actions are available on the + icon: Upload – Browse and upload the profile picture. Choose Avatar - Select initials pattern profile picture or picture from suggestions. Remove - Removes the profile picture uploaded. This option will only appear if no photo has been uploaded against the payee. Note: The maximum allowable image size is 1MB, and the accepted formats are limited to JPG and PNG. Once a photo is uploaded against the payee, click on the + icon and select Upload/Choose Avatar to update the profile picture.
   Nickname	Specify a nickname to be assigned to the specific account of the payee for the purpose of easy identification.
   Email ID	Email addresses of the payee. Note: This field is provided simply as a base product feature and will be available to send across to the backend Payments Processor during posting a payment. There will be no notifications sent to the payee on this email address by OBDX. Doing any processing of this field would be an implementation time activity.

   Table 5-5 Payment Details - Field Description

   Field Name	Description
   Currency	Select the currency in which the payment is to be made. For My Account and Within Bank payments it will display debit account and credit account currency. For Domestic and Cross Border payments it will display debit account and network currencies.
   Debit/Transfer Amount	Specify the amount for which the payment is to be made.
   Transfer Currency	Select transfer currency. This will come in case the debit account currency is selected and network allows different currency transfers.
   View Limits	Link to view the transaction limits. For more information on Limits, refer View Limits section.
   Exchange Rate	Display indicative exchange rate in case of cross currency transfer.
   Network Type	Select the network type for the payment. Supported networks are SEPA Credit Transfer, SEPA Instant Transfer.
   Scheduled On	The facility to specify the date on which the payment is to be made. The options are: Pay Now: Select this option if you wish to make the payment on the same day. Pay Later: Select this option if you wish to make the payment at a future date. If you select this option, you will be required to specify the date on which the payment is to be made. Recurring: Select this option if you wish to make the recurring payments.
   Transfer On	Specify the date on which the payment is to be made. This field appears if the option Pay Later is selected from the Scheduled On list.
   Select Frequency	The frequency in which the repeat transfers are to be executed. The options are: Daily Weekly Fortnightly Monthly Bi-monthly Quarterly Semi-Annually Annually Advanced Note: If the Advanced option is chosen, one can configure a frequency for the transaction to occur, specifying intervals such as once every X day, weeks, or months. This field appears if the option Recurring is selected from the Scheduled On list.
   Start Transferring	The date on which the first recurring transfer is to be executed.
   Stop Transferring	Select the option by which to specify when the recurring transfers are to stop being executed. The following two options are available: On Date: Select this option if you wish to specify a date on which the last transfer is to be executed. After Instances: Select this option if you wish to specify the number of recurring transfers that are to be executed as part of the instruction. This field appears if the option Recurring is selected from the Scheduled On list.
   Date	Specify the date on which the last transfer is to be executed. This fields appears if the option On Date is selected in the Stop Transferring field.
   Instances	Number of instances. This field appears if the option After Instances is selected in the Stop Transferring field.
   Also Transfer Today	Select this option to also initiate a one-time transfer towards the payee for the same amount as each individual instruction.
   Fees & Charges	Information specified in below fields are related to fee and charges.
   Calculate Charges	Click on the link to calculate the fees and charges applicable for the transaction.
   Deduct Charges From	The Bank may levy charges for certain payment networks. The user can choose which debit account to use when paying the charges. The accounting entries for the charge’s components will be reflected in the statement of the account selected here. This field is enabled for all Payment Types – Within Bank, Domestic and Cross Border. In case of Cross Border Payments, it is enabled when Payer or Shared option is selected in the Correspondence Charges.
   Current Balance	The net balance of the source account.
   Additional Details	Information specified in below fields are related to additional details.
   Payment Purpose	The purpose of payment. It will be a list of allowed purpose codes.
   Payment Details	You can add up to 4 fields each of length not more than 35. These will carry the unstructured remittance information to the Payment Processor.
   Customer Reference Number	The reference number assigned to the customer.
   Note	Specify a note or remarks for the transaction, if required.

3. US Region

   Here are the field specifications which will be displayed on payee and payment screen for domestic payments specific to the US region.

   Table 5-6 US region - Field Description

   Field Name	Description
   Payee Type	Select Domestic.
   Account Details	Information specified in below fields are related to account details.
   Account Type	Select the type of account associated with the payee. Below are the types configured for each network- Savings Current Overdraft Cash Credit Loan Account NRE
   Account Number	Specify the account number of the payee.
   Confirm Account Number	The user is required to re-enter the payee’s account number in this field.
   Account Name	Enter the name of the payee as maintained against the payee’s bank account.
   Bank Details	Information specified in below fields are related to bank details.
   Routing Number (No verification)	Specify the Routing Number of the payee’s account. This will not be verified and passed onto the host product processor.
   Personal Details	Information specified in below fields are related to personal details.
   Upload Photo	Select this option to upload a profile photo against the payee. Following actions are available on the + icon: Upload – Browse and upload the profile picture. Choose Avatar - Select initials pattern profile picture or picture from suggestions. Remove - Removes the profile picture uploaded. This option will only appear if no photo has been uploaded against the payee. Note: The maximum allowable image size is 1MB, and the accepted formats are limited to JPG and PNG. Once a photo is uploaded against the payee, click on the + icon and select Upload/Choose Avatar to update the profile picture.
   Nickname	Specify a nickname to be assigned to the specific account of the payee for the purpose of easy identification.
   Email ID	Email addresses of the payee. Please note that this field is provided simply as a base product feature and will be available to send across to the backend Payments Processor during posting a payment. There will be no notifications sent to the payee on this email address by OBDX. Doing any processing of this field would be an implementation time activity.

   Table 5-7 Payment Details - Field Description

   Field Name	Description
   Currency	Select the currency in which the payment is to be made. For My Account and Within Bank payments it will display debit account and credit account currency. For Domestic and Cross Border payments it will display debit account and network currencies.
   Debit/Transfer Amount	Specify the amount for which the payment is to be made.
   Transfer Currency	Select transfer currency. This will come in case the debit account currency is selected and network allows different currency transfers.
   View Limits	Link to view the transaction limits. For more information on Limits, refer View Limits section.
   Exchange Rate	Display indicative exchange rate in case of cross currency transfer.
   Network Type	Select the network type for the payment. Supported networks are: ACH Transfer Faster ACH Transfer Domestic Wire Transfer
   Scheduled On	The facility to specify the date on which the payment is to be made. The options are: Pay Now: Select this option if you wish to make the payment on the same day. Pay Later: Select this option if you wish to make the payment at a future date. If you select this option, you will be required to specify the date on which the payment is to be made. Recurring: Select this option if you wish to make the recurring payments.
   Transfer On	Specify the date on which the payment is to be made. This field appears if the option Pay Later is selected from the Scheduled On list.
   Select Frequency	The frequency in which the repeat transfers are to be executed. The options are: Daily Weekly Fortnightly Monthly Bi-monthly Quarterly Semi-Annually Annually Advanced Note: If the Advanced option is chosen, one can configure a frequency for the transaction to occur, specifying intervals such as once every X day, weeks, or months. This field appears if the option Recurring is selected from the Scheduled On list.
   Start Transferring	The date on which the first recurring transfer is to be executed.
   Stop Transferring	Select the option by which to specify when the recurring transfers are to stop being executed. The following two options are available: On Date: Select this option if you wish to specify a date on which the last transfer is to be executed. After Instances: Select this option if you wish to specify the number of recurring transfers that are to be executed as part of the instruction. This field appears if the option Recurring is selected from the Scheduled On list.
   Date	Specify the date on which the last transfer is to be executed. This fields appears if the option On Date is selected in the Stop Transferring field.
   Instances	Number of instances. This field appears if the option After Instances is selected in the Stop Transferring field.
   Also Transfer Today	Select this option to also initiate a one-time transfer towards the payee for the same amount as each individual instruction.
   Fees & Charges	Information specified in below fields are related to fee and charges.
   Calculate Charges	Click on the link to calculate the fees and charges applicable for the transaction.
   Deduct Charges From	The Bank may levy charges for certain payment networks. The user can choose which debit account to use when paying the charges. The accounting entries for the charge’s components will be reflected in the statement of the account selected here. This field is enabled for all Payment Types – Within Bank, Domestic and Cross Border. In case of Cross Border Payments, it is enabled when Payer or Shared option is selected in the Correspondence Charges.
   Current Balance	The net balance of the source account.
   Additional Details	Information specified in below fields are related to additional details.
   Note	Specify a note or remarks for the transaction, if required.