Download Funds Transfer User Manual


Domestic Payment

Cross Border Payment within EU Zone

Cross Border Payment outside EU Zone

All
By default, the payment type is shown as ‘All’.
For TARGET2 payments, an error will be displayed if the beneficiary bank is not consistent with
the product level payment type (domestic, within EU or outside EU).
Banking Priority
Select the priority of the payment messages from the adjoining drop-down list. This list displays
the following values:

Highly Urgent

Urgent

Normal
The banking priority is chosen as ‘Normal’ by default. However, you can modify this value.
You will not be allowed to amend the RTGS preferences, after the product has been authorized
once.
The Priority will be displayed in the RTGS messages in tag 113 as 4 Alphabets. For example,
113:NNNN – For a Normal Priority.
Duplication Recognition
You can specify the following details related to duplication check for transactions. The duplication
check is carried out based on the combination of the preferences maintained at the FT product
level.
Product Code
Check this box to indicate that the product code needs to be considered while checking for
duplicate transactions.
Booking Date
Check this box to indicate that the booking date needs to be considered while checking for
duplicate transactions.
Dr Amount
Check this box to indicate that the Dr amount needs to be considered while checking for duplicate
transactions.
3-22