Incoming Domestic Funds Transfers are payments made electronically from a Debit Party's bank using a domestic/local processing system to process the transaction.
To enter the full details of an Incoming Domestic Funds Transfer payment:
To access Payments, click Payments on the CitiDirect navigation bar and select any link to the process tabs, such as Modify. The Payments Summary Form appears. Click New and select New Incoming Payment. The Payments Detail Form appears. Note: Required fields are identified by a red asterisk ( * ).
-OR-
To access Payments, click Payments on the CitiDirect navigation bar and select Input New Incoming. The Payments Detail Form appears. Note: Required fields are identified by a red asterisk ( * ).
The Preformat Code field should be left blank when creating a payment from Full Detail. Note: If you are going to Submit and Create Preformat, information is required in this field.
The Credit Account Number/Currency/Name field defaults to Client Preference settings. If you have more than one Citibank account and you want to debit a different account, click the Library Look-Up button and select another account number. All related fields are automatically populated.
In the Payment Currency/Amount fields, the currency code defaults to Client Configuration settings. If you want to change it, click the Library Look-Up button and select a different currency code. Enter the amount of the payment in that currency.
If the Use This Currency For Next Payment checkbox is selected, the currency used in this payment will be saved as the default for the next payment entered.
In the Payment Method field, click the Library Look-Up button and select Incoming Domestic Funds Transfer. Fields specific to Incoming Domestic Funds Transfer payments appear in the lower portion of the Payment Details Form.
In the Transaction Reference Number field, enter the transaction reference number. Note: A complete or partial Transaction Reference Number may be system-generated if specified in Client Preferences.
The Confidential field is available if selected in My Preferences. If you want to indicate that this is a confidential payment, select this check box. Note: Access to confidential payments is determined by your Access Profile.
The Value Date field defaults to a system-generated date. If you want to change the default, use the date spinner or calendar to enter a date that is later than the system-generated date. Click here for information on Value Dates.
In the Debit Party Account Number field, click the Library Look-Up button and select an account number. You may also enter an account number manually.
The Debit Party ID and Debit Party Name fields are automatically populated when Debit Party Account Number is filled using the Library Look-Up. Otherwise, manually enter information in these fields.
The Debit Bank Routing Code field is automatically populated when Debit Bank Name is filled using the Library Look-Up. If the field is not filled or you want to overwrite it, enter a routing code.
In the Debit Bank Branch Code field, enter the branch code.
In the Debit Bank Name/Address field, click the Library Look-Up button and select a bank.
In the Destination Branch field, click the Library Look-Up button and select the destination branch. Destination Branch Name is automatically populated when Destination Branch is filled using the Library Look-Up.
In the Debit Party Account Type field, click the Library Look-Up button and select an account type.
In the Entity Field, enter the Beneficiary Bank Entity. Note: This field is only available in Mexico.
In the Legal Document field, click the drop-down arrow and select Structured or Unstructured. Note: Structured Legal Documents are only available in Argentina.
Click the Legal Document hyperlink and the selected Legal Sub-form appears. Note: Once the sub-form is complete, click OK to return to the payment form. Click here for more information on Legal Documents.
In the Location field, enter the location of the bank Entity. Note: This field is only available in Mexico.
In the Place field, enter the entity branch place. Note: This field is only available in Mexico.
In the Branch field, enter the Entity Branch Code.
In the Branch Name field, enter the name of the entity's branch. Note: This field is only available in Mexico.
In the Sub-Form Details field, click the drop-down arrow and select an invoice form if you want to include invoice details with this payment. You may choose to use an existing form, such as Salary or Unstructured, or choose a user-defined invoice form.
Click the Sub-Form Details hyperlink and the selected sub-form appears. Note: Once the sub-form is complete, click OK to return to the payment form.
In the Description field, click the Library Look-Up button and select a payment description. You may also manually enter a description. To view all information in this field, click the multiple line button. Note: If a tax-related Document Type (e.g. Pago con Comprobante Fiscal) is selected, the tax-related information has to be populated in the second line of the payment description.
In the Document Type field, click the Library Look-Up button and select a document type. Note: For Debit accounts in Colombia, if the Document Type has a "(V)" in the description, the clearing house will validate that the Debit Party Account Number relates to the specified Debit Party Tax ID on the Debit Party Detail sub-form before debiting the funds.
Enter the Accounting Code, Product Code, and Financial Code in their respective fields.
Click the Debit Party Detail hyperlink if additional debit party information is to accompany the payment. The Beneficiary Detail sub-form appears but with all references to "Beneficiary" changed to "Debit Party." Note: Once the sub-form is complete, click OK to return to the payment form.
Click Submit to save and submit the payment for validation. The payment moves to the next step in the payment process as defined by Flow Control requirements.
–OR–
Click Submit and Create Preformat to submit the payment for validation and save the payment information as a preformat. Both the payment and the preformat move to the next step in their respective processes, as defined by Flow Control requirements.
Notes:
If server validation fails a Warning or an Error message appears.
The Payments Detail Form contains more payment-specific information than is available on the Payment Summary Form, along with any corresponding actions that you may need to perform.
This form is blank when you are entering the full details of a new payment.
If you are entering a payment using preformats, this form contains the details of the first selected Preformat.
To review the details of the next payment selected on the summary form, click Next. When this form contains the details of the last selected payment, click Next to return to the summary form.
To submit the current payment for processing, click Submit.
To verify the current payment, click Verify.
To authorize the current payment, click Authorize.
To release the current payment, click Release.
To indicate that the current payment contains errors and must be repaired before it can be processed successfully, click Send to Repair and enter a reason for the repair in the Enter a Reason dialog box.
To delete the current payment, click Delete and enter a reason for deleting the payment in the Enter a Reason dialog box.
To return to the Payment Summary Form at any time, click Return to Summary.
For information on the Other Options available, click here.
The command buttons available on the Payments Detail form vary based on the status of the current payment. When you click a command button, the current payment proceeds to the next step in the process, as defined by Flow Control requirements.