A domestic funds transfer is a payment to a beneficiary using a domestic/local payment system to route the 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 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 Domestic Funds Transfer. Fields specific to Domestic Funds 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. 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.
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 and address associated with the debit account. To change the default, enter the information for 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.
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. The ID is required if Ordering Party ID Type is not Unknown. 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.
In the Beneficiary Reference field, enter the beneficiary's reference number. Note: This field is not available if Beneficiary Is is Not a Bank. If this field is blank when submitted, it will be auto-filled with the Transaction Reference Number.
In the Intra-Company field, select the check box to indicate an intra-company transaction.
In the Beneficiary Name/Address field, enter the name and address of the beneficiary. Note: The beneficiary address is required is no other routing information is provided.
In the Beneficiary Country Code/Name field, click the Library Look-Up button and select a country code.
In the Beneficiary Bank Routing Method/Code field, click the Library Look-Up button and select a routing method.
In the Beneficiary Bank Name/Address field, click the Library Look-Up button and select a bank.
In the Beneficiary Bank Country Code/Name field, click the Library Look-Up button and select a Country Code or enter it manually.
The Intermediary Bank Routing Method/Code field is automatically populated when the 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 and select a routing method. Note: This field is required if a intermediary bank name is present and no intermediary bank address is provided.
In the Intermediary Bank Name/Address field, click the Library Look-Up button and select a bank. To view all information in this field, click the multiple line button.
The Intermediary Bank Country Code/Name field is automatically populated when the 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, and select a country code.
In the Payment Details field, enter any additional details you want to include with the payment. Note: This field is disabled if the Beneficiary Is field 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.
If the Charges Indicator field is enabled, click the drop-down arrow and select Our or Beneficiary.
The Advice to Beneficiary Bank field defaults to No. If you want to change the default, select the check box.
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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