6.1.1.2.5 Payment Instructions

This topic describes the systematic instruction to maintain the payment instructions for the account pair.

Payment Instruction drives the accounting between the account pair. The system defaults the payment instruction for a given account pair based on Default Payment Instruction maintained. The Default Payment Instruction could be maintained at the bank level or at the customer level.

1. On the Reverse Sweep Details screen, click Payment Instructions tab to set the payment instructions for the account pair.
   The Payment Instructions screen displays.

   Figure 6-16 Payment Instructions

   
   

   
   Description of "Figure 6-16 Payment Instructions"

   
   
2. On the Payment Instructions screen, specify the details.

   Note:

   The fields, which are marked with an asterisk, are mandatory.

   For more information on fields, refer to the field description table.

   Table 6-12 Payment Instructions - Field Description

   Field	Description
   Use Default Instructions	Select the toggle whether the default payment instruction is being applied or not. The system always defaults the toggle ON for the account pair to use the default payment instruction. Disable the toggle to allow the user to select the different payment instruction.
   Oneway	Select the one-way parameters from the drop-down list. The list displays all the parameters that are set for the account in Payment Parameters setup. Note: This field is editable only if the Use Default Instructions toggle is disabled.
   Twoway	Select the two-way parameters from the drop-down list. The list displays all the parameters that are set for the account in payment parameters setup. Note: This field is displayed only if the account pair is set for Two Way. This field is editable only if the Use Default Instructions toggle is disabled.
   Parameters	Displays the table with the name and value set for the selected parameter.