A Book Transfer is a payment when both the debit party and credit bank or first credit party have accounts at the same Citibank branch or entity.
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 Book Transfer. Fields specific to Book Transfer payments appear in the lower portion of the Payments Detail Form.
In the Subsidiary Identifier/Name fields, click the Library Look-Up button and select a subsidiary from the Subsidiary Identifier Library. Note: These fields are only available if the Subsidiary Identifier in Client Preference is set to Yes.
In the Transaction Reference Number field, enter the transaction reference number, if needed. 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.
The Ordering Party Name/Address field defaults to the full legal name of the debit account. If you want to change the default, enter the name and address of the ordering party.
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 Beneficiary Account Number field, enter the account number of the beneficiary.
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.
In the Beneficiary Name/Address field, click the Library Look-Up button and select the name and address of the beneficiary. To view all information in this field, click the multiple line button.
In the Beneficiary Country Code/Name field, click the Library Look-Up button and select a country code.
In the Payment Details field, enter any additional details you want to include with the payment. To view all information in this field, click the multiple line button. Note: This field is not available if Beneficiary Is is A Bank.
Click 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.
The Beneficiary Bank Routing Code field is automatically populated, based on the selected Debit Account, or if Beneficiary Bank Name is filled using the library. To overwrite it, click the Library Look-Up button and select a routing code.
The Beneficiary Bank Name field is automatically populated, based on the selected Debit Account, or if Beneficiary Bank Routing Code is filled using the library. To overwrite it, click the Library Look-Up button and select a bank name.
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.
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.
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