A funds transfer is a payment made electronically to a beneficiary. Funds transfers can be routed through several standard methods.
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 Outgoing Payment. The Payments Detail Form appears. Note: Required fields are identified by a red asterisk ( * ).
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To access Payments, click Payments on the CitiDirect navigation bar and select Input New Outgoing. 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 Debit 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 Funds Transfer. Fields specific to Funds Transfer payments appear in the lower portion of the Payments Detail Form.
In the Payment Type field, click the Library Look-Up button and select a payment type. Note: This field is only available in Puerto Rico.
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.
In the Beneficiary Reference field, enter the Beneficiary Reference Number.
If the Intra-Company check box is selected, the payment is subject to intra-company process flows. Note: If you are entering full payment details and you accessed the Payments Detail Form from the Input/Modify Tab, this field is not available. You can only select the Intra-Company indicator if you are creating a preformat and you have accessed the Payments Detail Form from the Preformat Library.
In the Number of Credit Parties field, click the drop-down arrow and select the number of credit parties involved in the transfer. Note: Depending on your selection, some fields may become disabled.
The Ordering Party Name/Address field defaults to Client Preference settings. If you want to change the default, click the Library Look-Up button and select an ordering party. To view all information in these fields, click the multiple line button.
The Ordering Party ID Type field defaults to Client Preference settings. If you want to change the default, click the Library Look-Up button, select an ordering party ID Type and enter the ID number of the Ordering party. Note: Ordering Party ID is not required if Ordering Party ID Type is Unknown.
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 Priority Flag field select the check box if you want to push this payment to the top of all transaction flow queues. Note: Additional payment processing costs are associated with payments flagged as priority.
The Beneficiary Account or Other ID Type/ID field defaults to Account. If you want to change the default, click the Library Look-Up button, select a Beneficiary ID Type and enter the associated Beneficiary ID. Note: Beneficiary ID is not required if Beneficiary Account or Other ID Type is Unknown. This field is not available if Number of Credit Parties is 1 Credit Party Transfer. Click here for more information on beneficiary account number validation.
The Beneficiary Is field defaults to Not a Bank. If you want to change the default, click the drop-down arrow and select A Bank. Note: If Number of Credit Parties is 1 Credit Party Transfer, this field defaults to A Bank and cannot be changed.
In the Beneficiary Name/Address field, click the Library Look-Up button and select a beneficiary, or enter the name and address of the beneficiary. To view all information in these fields, click the multiple line button. Note: The field is not available if Number of Credit Parties is 1 Credit Party Transfer.
The Beneficiary Advice Type field defaults to None. If you want to change the default, click the drop-down arrow and select Electronic. Note: This field is not available if Number of Credit Parties is 1 Credit Party Transfer.
If the Charges Indicator field is enabled, click the drop-down arrow and select Our or Beneficiary. Note: If Processing Branch is 920 or 930, this field defaults to Our and cannot be changed.
In the Beneficiary Bank Routing Method field, click the Library Look-Up button and select a routing method. Enter the Beneficiary Bank Routing Code. Note: This field is not available if Number of Credit Parties is 3 Credit Party Transfer or 4 Credit Party Transfer.
In the Beneficiary Bank Account or Other ID Type/ID field, click the Library Look-Up button and select an ID. Beneficiary Bank Account or Other ID is not required if Beneficiary Bank Account or Other ID Type is Unknown. Note: This field is not available if Number of Credit Parties is 1 Credit Party Transfer or 2 Credit Party Transfer.
In the Beneficiary Bank Name/Address field, click the Library Look-Up button and select a bank. To view all information in these fields, click the multiple line button
In the Beneficiary Bank Advice Type field, click the drop-down arrow and select None or Electronic. Note: This field is not available if Number of Credit Parties is 1 Credit Party Transfer or 2 Credit Party Transfer.
First Intermediary Bank Routing Method/Code is automatically populated when Intermediary Bank Name is filled using the Library Look-Up. If this field is not populated or you want to change it, click the Library Look-Up button, select a routing method, and enter the Routing Code. Note: This field is not available if Number of Credit Parties is 1 Credit Party Transfer or 2 Credit Party Transfer.
In the First Intermediary Bank Name/Address field, click the Library Look-Up button and select a bank. Note: This field is not available if Number of Credit Parties is 1 Credit Party Transfer or 2 Credit Party Transfer.
In the Second Intermediary Bank Account or Other ID Type/ID field, click the Library Look-Up button and select an ID. Second Intermediary Bank Account or Other ID is required if Second Intermediary Bank Account or Other ID Type is not Unknown. Note: This field is only available if Number of Credit Parties is 4 Credit Party Transfer.
In the Second Intermediary Bank Advice Type field, click the drop-down arrow and select None or Electronic. Note: This field is only available if Number of Credit Parties is 4 Credit Party Transfer.
In the Second Intermediary Bank Name/Address field, click the Library Look-Up button and select a bank. Note: This field is only available if Number of Credit Parties is 4 Credit Party Transfer.
If the Pre-Advice check box is enabled, select the check box to send pre-advice details. Note: The availability of this field depends on your Client Configuration settings.
In the Pre-Advice Details field, enter any pre-advice details you want to include with the payment. To view all information in these fields, click the multiple line button. Note: This field is only available when the Pre-Advice check box is selected.
In the Payment Details field, enter any additional details you want to include with the payment. To view all information in these fields, click the multiple line button. Note: This field is not available if Beneficiary Is is A Bank.
Click on the Bank Details Sub-Form hyperlink to enter additional Bank Details you want to include with the payment. In the Bank Details dialog box, select a Codeword using the Library Look-Up button and enter a description. Click Save to save the current item to the list.
In the Memo Details field, enter information you would like to append to the payment for view by other users. To view all information in these fields, click the multiple line button. Note: Memo Details are not carried in the payment instruction message that is sent to the back-end system for processing.
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.
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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.